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The Mexico Fund (MXF)

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Last Post: 11/11/2018 4:12:12 AM - Followers: 0 - Board type: Free - Posts Today: 0

The Mexico Fund, Inc. (“the Fund”) is a non-diversified closed-end management investment company with the investment objective of long-term capital appreciation through investments in securities, primarily equity, listed on the Mexican Stock Exchange. The Fund provides a vehicle to investors who wish to invest in Mexican companies through a managed non-diversified portfolio as part of their overall investment program. The Fund, incorporated in Maryland, U.S.A., in 1981, is registered with the United States Securities and Exchange Commission (“SEC”) under the U.S. Investment Company Act of 1940, as amended. The Fund’s investment objective is long-term capital appreciation through investment in securities, primarily equity, listed on the Bolsa Mexicana de Valores, S.A. de C.V. (the “Mexican Stock Exchange”). The Fund may invest in Mexican fixed-income securities and bank time deposits of Mexican banks, all of which are peso-denominated and may be dollar-linked (i.e., paid in pesos but with repayment linked to a dollar exchange rate), in order to provide appropriate liquidity to take advantage of market opportunities and meet cash requirements. The Fund may also invest in dollar-denominated deposits and floating rate notes of Mexican banks. As market or other conditions require, the proportion of the Fund’s assets held in fixed-income securities or bank time deposits may vary. The Fund will not realize capital gains for the sole purpose of making distributions to shareholders. Effective March 1, 2009, the Fund may invest at least 80% of its total assets in equity securities listed on the Mexican Stock Exchange, but may reduce its holdings in equity securities listed on the Mexican Stock Exchange below 80% of its total assets for temporary defensive purposes when unusual market or economic conditions occur. The Fund may invest up to 20% of its assets in issuers that are listed on the Mexican Stock Exchange, but which are organized outside of Mexico, provided each such issuer has a subsidiary organized in Mexico.
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#3   Look dummy, you came here in a make Rome Ferrari 11/11/18 04:12:12 AM
#2   Quit hating. Mexico buys products from many american GVInvestments 05/21/15 12:49:17 AM
#1   The Mexico Fund MR. McBALL$ 02/14/13 10:39:35 PM
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