Boston, MA (PRWEB) November 21, 2012
The Directors have approved an updated set of Bylaws for the Fund. Although more detailed information on these will be included in the Fund’s Annual Report, stockholders should be aware that, pursuant to the new Bylaws, notice of any stockholder’s proposal intended to be presented at the Fund’s Annual Meeting of stockholders to be held in 2013 must be received by the Fund within the period beginning December 4, 2012 and ending January 3, 2013. This is required in order for such a proposal to be included in the Fund’s proxy statement and proxy related to the Annual Meeting.
Investment Objective: The investment objective of the Fund (N.Y.S.E. – IRL), a closed-end diversified investment company, is long-term capital appreciation through investment primarily in equity securities of Irish companies. Under normal circumstances, the Fund will invest at least 80% of its total assets in equity and fixed income securities of Irish companies.
The Fund is the only U.S. listed closed-end fund that invests primarily in equity and fixed income securities of Irish companies. The Fund is managed by Kleinwort Benson Investors International Ltd., a subsidiary of Kleinwort Benson Investors Dublin Ltd. Up-to-date information, as well as monthly portfolio updates, are available on the Fund's website - http://www.newirelandfund.com.
For further information, please contact The New Ireland Fund, Inc. at (800) 468-6475.