The New Ireland Fund

The "Fund" was incorporated under the laws of the State of Maryland on December 14, 1989 and is registered as a non-diversified, closed-end management investment company under the Investment Company Act of 1940, as amended. The Fund's investment objective is long-term capital appreciation through investment primarily in equity securities of Irish companies. The Fund is designed for U.S. and other investors who wish to participate in the Irish securities markets.

In order to take advantage of significant changes that have occurred in the Irish economy over the past few years and to advance the Fund's investment objective, the investment strategy now has a bias towards Ireland's growth companies.

Under normal circumstances, the Fund will invest at least 80% of its total assets in equity and fixed income securities of Irish companies. To the extent that the balance of the Fund's assets is not so invested, it will have the flexibility to invest the remaining assets in non-Irish companies that are listed on a recognized stock exchange. The Fund may invest up to 25% of its assets in equity securities that are not listed on any securities exchange.


Recent Events

 

November 6, 2013
The New Ireland Fund participated in Pristine Advisers and CEFNetwork's Third Annual CEF Investor Conference Insight and Enlightenment into the World of Closed-End Funds

“Celtic Comeback Continued” - An overview of The New Ireland Fund, the portfolio of the Fund and an update on the macroeconomic environment in Ireland

Presentation
Videocast Replay

 

April 26, 2013
The New Ireland Fund participated in a Webcast Conference

“Ireland-Celtic Comeback Continues” - An overview of The New Ireland Fund, the portfolio of the Fund and an update on the macroeconomic environment in Ireland

Presentation
Webcast Replay

 


PERFORMANCE Wednesday, April 23rd, 2014

Market Price 14.175

NAV 16.45

Prem/Disc (13.83)

Net Assets ($mil) 82.807

Fund specific data and performance are provided for informational purposes only and are not intended for trading purposes. The performance shown represents past performance and does not guarantee future results. Current performance may be higher or lower than the performance information shown. Fund returns are annualized for periods longer than one year. Fund returns do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares. Fund returns assume that dividends and capital gains distributions, if any, were reinvested.

An investment in the Fund's shares represents an indirect investment in the securities owned by the Fund. The value of these securities, like other market investments, may move up or down, sometimes unpredictably. At any point in time, Fund shares may be worth less than a shareholder's original investment, even after taking into account the reinvestment of Fund dividends and/or distributions.

An investment in the Fund is subject to investment risk, including the possible loss of the entire principal amount invested in the Fund. The Fund is a non-diversified, closed-end investment company under the Investment Company Act of 1940 and focuses its investments in a single country, thereby increasing its vulnerability to developments in that country. Investing in foreign securities presents certain risks not associated with domestic investments, such as currency fluctuation and political and economic changes and market risks. This may result in greater share volatility.

Fund shares are not FDIC-insured and are not deposits or other obligations of, or guaranteed by, any bank.

CORPORATE GOVERNANCE

Corporate Governance is an ongoing commitment shared by the Board of Directors and by Management.

Board Independence
The Chairman of the Fund is independent of the Fund management. At least 75% of the Board is made up of Directors who are independent of the Fund's investment advisor. The Board of Directors meets quarterly and each Director endeavors to attend each meeting.

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HOW TO INVEST

The New Ireland Fund, Inc. is listed on the New York Stock Exchange, so investors can buy through brokers using the following symbols:

Reuters  IRL  
Bloomberg  IRL US 
ISIN code  US6456731040 
Sedol code  2469717 
Cusip number  645673104 

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