NEW YORK--(BUSINESS WIRE)-- The Turkish Investment Fund, Inc. (NYSE:TKF) (the “Fund”) announced today that the net asset value per share of the Fund for purposes of calculating the final liquidating distribution to stockholders was $9.1469 as of December 22, 2017 (the “Effective Date”). The Fund expects to make a final liquidating distribution on or about December 29, 2017 to those stockholders who held shares of the Fund as of the Effective Date.
The Fund is a closed-end, U.S.-registered management investment company and seeks long-term capital appreciation through investments primarily in equity securities of Turkish corporations.
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This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any state in which such offer, solicitation or sale would be unlawful under the securities laws of any such state.
Investing involves risk and it is possible to lose money on any investment in the Fund.
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The Turkish Investment Fund, Inc.
Source: The Turkish Investment Fund, Inc.