trending Market Intelligence /marketintelligence/en/news-insights/trending/bnUgARZh92t4bvx5BFdq6w2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

The Mexico Fund reaches agreement to lower expenses

Street Talk - Ep. 64: Coronavirus jumpstarts digital adoption

Street Talk Podcast

Street Talk - Ep. 63: Deal talks continue amid bank M&A freeze, setting up for strong Q4

Street Talk Podcast

Street Talk - Ep. 62: 'Brutal' outlook for oil demand offers banks in oil patch no relief

Amid Q1 APAC Fintech Funding Slump, Payment Companies Drove Investments

The Mexico Fund reaches agreement to lower expenses

The Mexico Fund Inc. and its investment adviser have reached an agreement to reduce the company's expenses in response to fee trends in the asset management industry, according to a press release.

Impulsora Del Fondo Mexico SC, the fund's investment adviser, will waive fees and reimburse expenses to the extent necessary to keep the fund's ordinary annual expense ratio from exceeding 1.50% between April 1, 2019, and Oct. 31, 2020 — as long as the fund's net assets remain higher than $200 million.

The Mexico Fund's board believes the expense reduction effort, combined with the fund's better investment performance compared to the MSCI Mexico index, will provide investors with a competitive investment vehicle, the company said.

The agreement came in the wake of a stockholder proposal to terminate the investment advisory agreement with Impulsora Del Fondo México altogether. The proposal was shot down during a March 12 shareholder meeting, however, with only about 13% of The Mexico Fund's outstanding shares voting in favor of the move.

The Mexico Fund is a non-diversified, closed-end management investment company that provides exposure to Mexican equities.