Compliance with US Executive Order 13959

RNS Number : 3899L

Schroder Oriental Income Fund Ltd

12 January 2021

 

12 January 2021

Schroder Oriental Income Fund Limited (the "Company")

Compliance with US Executive Order 13959

In November 2020 the United States government issued Executive Order 13959, which prohibits U.S. persons from engaging in any transaction in publicly traded securities in Communist Chinese military companies (as well as certain related securities) and which will first become effective on 11 January 2021.

Schroders, the Company's Investment Manager, as a group complies with US Sanctions and hence will be taking steps to comply with the Executive Order. The Board and Investment Manager are closely monitoring this matter as it continues to evolve.

One of the Company's current portfolio holdings is affected by the Executive Order. The Investment Manager will take the action believed to be appropriate and necessary having regard to the scope of, and timeframes in, the Executive Order and the holding in question by 11 November 2021.

Enquiries:

Matthew Riley
Schroder Investment Management Limited
020 7658 6596

 

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