Welcome to The New Ireland Fund
The Fund is a non-diversified, closed-end investment company whose objective is long-term appreciation through investment primarily in equity securities of Irish companies.
Ireland has been one of the strongest growing economies in Europe in recent years while significantly improving its fiscal situation. Companies have benefitted from business-friendly government policies, strong exports to Europe and the U.S. and a highly qualified, competitive work force.
The Fund's investment manager, KBI Global Investors (North America) Ltd., seeks to identify well managed companies with strong economic fundamentals and superior growth characteristics compared to their market valuation.
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.