The New Ireland Fund is a closed-end diversified investment company that seeks long- term capital appreciation through investing at least 80% of its assets in a portfolio of Irish securities. The Fund is managed by KBI Global Investors (North America) Ltd. ("KBIGI"), a wholly owned subsidiary of KBI Global Investors Ltd. (based in Dublin, Ireland). KBI Global Investors Ltd. is majority owned by Amundi Asset Management, Europe's largest asset manager by assets under management.