THE MEXICO FUND, INC. ANNOUNCES RESULTS OF ITS ANNUAL MEETING OF STOCKHOLDERS
March 08, 2024 at 09:01 am EST
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COLUMBIA, Md., March 8, 2024 /PRNewswire/ -- The Mexico Fund, Inc. (NYSE: MXF) announced that at its 2024 Annual Meeting of Stockholders, stockholders re-elected Ms. Claudia Jañez as Class I Director of the Fund. In addition, stockholders elected Mr. Luis de la Calle and Mr. Richard B. Vaughan as Class I Directors of the Fund. All three Directors elected will serve for a three-year term expiring in 2027.
The results of the Annual Meeting were as follows*:
For
% Outstanding
% of Voted
Withheld
% Outstanding
% of Voted
Luis de la Calle
10,835,144
73.75 %
92.87 %
831,404
5.63 %
7.13 %
Claudia Jañez
10,365,590
70.17 %
88.85 %
1,300,959
8.81 %
11.15 %
Richard B. Vaughan
10,849,114
73.44 %
92.99 %
817,434
5.53 %
7.01 %
*There were no abstentions or broker non-votes with regard to the election of the Fund's Class I Directors.
The Mexico Fund, Inc. 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.
This release may contain certain forward-looking statements regarding future circumstances. These forward-looking statements are based upon the Fund's current expectations and assumptions and are subject to various risks and uncertainties that could cause actual results to differ materially from those contemplated in such forward-looking statements including, in particular, the risks and uncertainties described in the Fund's filings with the Securities and Exchange Commission. Actual results, events, and performance may differ. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Fund undertakes no obligation to release publicly any revisions to these forward looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. The inclusion of any statement in this release does not constitute an admission by The Mexico Fund or any other person that the events or circumstances described in such statement are material.
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The Mexico Fund, Inc. (the Fund) is a non-diversified closed-end management investment company. The investment objective of the Fund is to seek long-term capital appreciation through investment in securities, primarily equity, listed on the Mexican Stock Exchanges. The Fund is focused on investing approximately 80% of its total assets in equity securities listed on the Mexican Stock Exchange. The Fund may also invest in fixed-income securities and bank time deposits of Mexican banks, all of which are peso-denominated and may be dollar-linked. The Fund may also invest in dollar-denominated deposits and dollar-denominated investments, such as United States treasuries, United States agency securities, agency mortgage-backed securities and Mexican sovereign debt. It invests in various sectors, including airports, auto parts, beverages, chemical products, building materials, and consumer products, among others. The Fundâs investment advisor is Impulsora del Fondo Mexico, S.C.
THE MEXICO FUND, INC. 
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