RYE, NY, Jan. 11, 2021 (GLOBE NEWSWIRE) – GAMCO Investors, Inc. has announced. (NYSE: GBL) today announced that GAMCO International SICAV (Luxembourg), managed by Gabelli Funds, has launched a new subsidiary, GAMCO Convertible Securities.
The goal of GAMCO Convertible Securities is to seek to deliver a normal return in addition to long-term capital value through a comprehensive yield strategy by investing in a mixed portfolio of globally convertible securities .
The Fund finds out the company’s history of investing in exclusive customizable security packages since 1979. Several stock classes are available at launch and are tailored for customers. Global institutional investors as well as selected non-US retail investors. Initially, the Fund will launch with a founder founder class at a lower cost.
Michael Gabelli, Managing Director and Director of Global Business Development for Gabelli, said, “The GAMCO Convertible Securities fund provides investors with access to one of Gabelli’s key strategies within a structure that is compliant with UCITS, provides daily liquidity through aggregation of stock classes and circulation class. We have brought actively managed asset sticks to the European and Global market dedicated to globally transferable securities as long as they comply with ESG directives. ”
Commenting on the launch, Thomas Dinsmore, Portfolio Manager, said, “We are delighted to put our 60+ years of portfolio management experience into this new offering that will give investors access to across the globe get to our proactive approach to conversions. The volatile markets continue to provide a strong flow of new deals as well as attractive investment opportunities. ”
Investors should carefully consider the Fund’s investment objectives, risks, costs and expenses before making an investment. The guide contains information on these and other issues and should be read carefully before making an investment. For a guide, call + 1-914-921-5135 or visit www.gabelli.com/sicav.
A REGISTRATION STATEMENT IS NOT SUBMITTED BY THE UNITED STATES NATIONAL AUTHORITIES AND THE RESULTS COMMISSION (THE “SEC”) OR ANY INDUSTRIAL COUNTRIES WITH THIS WORLD. THE ISSUES OF THE INVENTORY ARE NOT SUBMITTED ONLY BY THE UNITED STATES AND RESULTS OF THE UNITED STATES ACT 1933 (“THE ACT”). THE USE IS NOT EXCLUSIVE EXCLUSIVELY EXCLUSIVE EXCLUSIVE EXCLUSIVE EXCL. ONLY.
SPECIAL NOTE RECOMMENDING INFORMATION FOR WELCOME
In our publication and analysis in this press release are some positive statements. Forward-looking statements provide our expectations or foresight for future events. Such statements are subject to doubts and uncertainties, some or all of which may be relevant. We direct your attention to the advanced information warning statements described in documents on the Gabelli website. We will not undertake to update publicly forward-looking statements if we subsequently learn that it is unlikely that we will meet our expectations or if we receive additional subject-related information. on our progressive statements.
| Contact: | Michael M. Gabelli |
| Managing Director | |
| +1 (914) 921-5135 | |
| +44 (0) 20 3206 2100 | |
| www.gabelli.com/sicav |