NEW YORK, September 14, 2021 / PRNewswire / – Swiss Helvetia Fund, Inc. (NYSE: SWZ), a non-diversified registered investment company (the “Fund”), announced today that the 2021 AGM has been held as scheduled and concluded. … Based on voting results: 1) Andrew Dakos, Richard Dayan, Philip F. Goldstein, Gerald Hellerman and Moritz A. Sell have been elected by the Directors for a term of one year until the next AGM and until such time as their respective successor is duly elected and qualified; 2) shareholders approved the selection by the Board of Directors of Tait, Weller & Baker, LLP as an independent registered public accounting firm of the Fund at the end of the year December 31, 2021and 3) a non-binding proposal by the Board of Directors of the Fund was approved for approval by shareholders in 2006, allowing the Fund to use up to 10% of the total assets of the Fund (including the borrowed amount).
About the Swiss Helvetia Fund, Inc.
The fund (www.swzfund.com) is a closed-end non-diversified investment company seeking long-term capital gains through investments in shares and securities linked to shares of Swiss companies. Its shares are listed on the NYSE under the symbol “SWZ”. The fund seeks to achieve its investment objective by investing, usually in Swiss equity and stock-related securities that are traded on the Swiss stock exchange, traded at the pre-exchange level of one or more Swiss stock exchanges, traded through a market maker or traded. without a prescription in Switzerland… The fund can also invest in Swiss equity and equity-related securities of Swiss companies that are listed on other major European stock exchanges.
Closed-end funds, unlike open-ended funds, are not constantly offered. Usually, closed-end fund shares are traded on the open market through a stock exchange. Closed-end funds are often traded at a discount to net worth. The Fund’s share price is determined by a number of factors, some of which are beyond the control of the Fund. Thus, the Fund cannot predict whether its shares will trade at net asset value, below or above.
The fund is managed by Schroder Investment Management North America Inc.
About Schroder Investment Management North America Inc.
Schroder Investment Management North America Inc. and Schroder Investment Management North America Limited, investment advisors registered with the US SEC, are divisions of Schroders plc (SDR.L), a global asset management company with approximately $ 832.2 billion in assets under management as of June 30, 2021… Schroder’s clients include large financial institutions, including banks and insurance companies, as well as local and state authorities, public and private pension funds, trust funds and funds, intermediaries and consultants, as well as high net worth individuals and retail investors. The firm has built one of the largest office networks of any specialized asset management company with over 500 portfolio managers and analysts covering the global investment markets, offering a wide range of products and services.
Schroder Investment Management North America Inc. provides asset management products and services to clients in the United States and the United States. Canada… Schroder Investment Management North America Inc. is an indirect, wholly owned subsidiary of Schroders plc, a UK publicly traded company listed on the London Stock Exchange.
This press release does not constitute an offer to sell or an invitation to purchase, nor may there be a sale of the Fund’s shares in any state or jurisdiction in which such an offer, offer or sale would be illegal prior to registration or qualification under the law. of such a state or jurisdiction.
SOURCE SWISS HELVETIA FUND, INC.