Type of funds Available

Korean onshore funds are Korean securities investment trusts, which are a unit trust style fund set up under Korean regulations. There are three
parties: the manager, the trustee, and the investors (beneficiaries). The manager plays a broad role and is responsible for investment selection as well
as administrative matters such as calculation of net asset value and issue and redemption of units, although some activities may be assigned to third
parties such as sales through distributors. The trustee, which is one of Korea's major commercial banks or the Seoul branch of a foreign bank, is
chiefly responsible for the custody of the assets of the trust.

Korean securities investment trusts are regarded as domestic investors; therefore they are not subject to the foreign investment limits that apply to
some Korean companies such as Korea Telecom., SK Telecom, KEPCO, Korea Gas, Hanaro Telecom, LG Home Shopping, and CJ39 Shopping.

Overseas investors (non-residents of Korea) may invest in almost all of the range of domestic funds that we offer to Korean resident investors. Some
examples of representative funds managed by our affiliates Korea Investment Trust Management Co., Ltd. and Korea Value Asset Management Co.,
Ltd. are provided below as examples. Please note that the information provided below is for information purposes only. It is not an offer or a
solicitation to buy any fund or securities, and past performance should not be viewed as an indication of future performance.

The Korea Navigator Equity Fund aims to achieve long-term growth and outperform the Korea Composite Stock Price Index through investment in
growth stocks with a bottom-up approach to stock picking. Established in March 2005, the fund does not undertake asset allocation in
consideration of short-term factors such as market trends, supply & demand, etc.

Performance (%, as of 26 Dec 2013):

The Korea Meister Equity Fund aims to achieve long-term capital gains by investing in stocks using a research-based system approach to provide
consistent returns in excess of the benchmark. Established in June 1999, the fund focuses on a balance of value and growth stocks along with
both large cap and small cap stocks using a buy and hold strategy based on a long-term vision.

Performance (%, as of 26 Dec 2013):

The Korea Contrarian Equity Fund aims to achieve long-term capital gains focusing on a bottom-up approach to stock picking to find undervalued
stocks based on fundamental analysis. Established in December 2003, the fund does not consider short-term factors in its asset allocation such as
market trends, supply and demand, etc. and fund management decisions are taken by an investment committee consisting of in-house analysts
and fund managers.

Performance (%, as of 26 Dec 2013):

The Korea Value 10-Year Equity Fund aims to maximize long-term returns and pursue stable returns with no capital loss through investment in
undervalued stocks that are trading below their intrinsic value. Established on 18 April 2006, the fund focuses on fundamental value rather than
market trends while seeking companies with low PER, low PBR, high dividend yield, and new value strategies.

Performance (%, as of 26 DEC 2013):

The Korea Samsung Group Fund seeks long-term stable growth through investment exclusively in the Samsung Group, whose companies are
global blue chips and leading companies in their industries in the Korean market Established in November 2004, the fund operates a buy and hold
strategy to benefit from the long-term growth of the Samsung Group.

Performance (%, as of 26 Dec 2013):

The Korea Index Derivatives Fund is an enhanced index fund that aims to match the KOSPI 200 plus obtain additional gains through the use of
derivatives. Established in January 2002, the fund pursues extra capital appreciation through arbitrage trading.

Performance (%, as of 26 Dec 2013):

The Korea Umbrella Index Fund aims to match the performance of the KOSPI 200. Established in July 2003, the fund allows investors to switch to a
reverse index fund or a money market fund without any redemption or switching charges.

Performance (%, as of 26 Dec 2013):

In addition to the above examples of equity funds, we also distribute a wide range of Korean bonds funds (such as corporate bond funds,
medium-term government bond funds, long-term government bond funds), money market funds, and hybrid funds (funds that contain a mixture
of equities and bonds in order to limit volatility in performance).

KITMC has developed a range of funds that invest in overseas markets. These are mainly fund of funds that invest in a range of overseas equity
funds or fund of funds that invest in a range of overseas hedge funds. The use of a fund of funds structure enables domestic retail clients to gain
exposure to overseas funds that are not registered for sale in Korea.

In addition, KIMTC is also developing into a specialist for funds investing in Vietnam and launched several funds in 2006 for investment in listed
and unlisted stocks in that country.

In the past, we offered a range of funds that were established for sale exclusively to overseas investors (non-residents of Korea). Although we
maintain several of these funds, as a result of changes in Korean law and regulations we are no longer establishing new funds or promoting sales
of units in existing funds, and foreign investors may gain exposure to Korea through investment in the range of funds offered to both resident
and non-residents of Korea, such as those mentioned above.