We introduce our presentation of foreign companies for the consideration of US investors; however, South Korean companies listed on US exchanges, NYSE, NASDAQ or OTC, are not fully representative of the economy with some very unique absentees such as Samsung Electronics
To the list of absentees, I must unfortuately add Hyundai Motors, which was listed on OTC under ticker HYMTF, unavailable since August 2025 - available under ticker 005380 on Korea Stock Exchange
For investments on the Souh Korean stock exchange, South Korea ETFs of iShares
Performance and risk ratios are updated every day but we emphasize that, with low trading volume on US OTC markets for some of the listed shares, volatility and drawdown calculations may be affected - these ratios do not necessarily reflect true volatility and drawdown as these same shares are normally traded on their national exchange
When, for lack of sufficient trading data, volatility and performance ratios are extreme, we have chosen not to include the companies concerned
While international diversification is clearly to the benefit of any investor, many foreign companies may be ignored for lack of proper information on their potential and insufficient follow-up information for long term investors