27% profits every 20 days?
This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.
PHILADELPHIA, May 27, 2020 /PRNewswire/ -- The India Fund, Inc. (the "Fund") (NYSE:IFN) held its Annual Meeting of Stockholders (the "Meeting") on May 27, 2020. At the Meeting, stockholders of the Fund voted to elect two Class II Directors to the Board of Directors, each to hold office until the 2023 Annual Meeting of Stockholders or thereafter until his or her successors are elected and qualify.
As of the record date, March 26, 2020, there were 26,904,575 outstanding shares of the Fund. 75.1% of outstanding shares were voted at the meeting, representing a quorum.
The description of the proposal and number of shares voted at the Meeting are as follows:
To elect two Class II Directors to the Board of Directors:
Class II | Votes For | Votes Against | Abstain |
Nisha Kumar | 17,855,129 | 1,997,140 | 339,185 |
Luis Rubio | 17,619,028 | 2,336,880 | 235,549 |
Directors whose terms of office continue beyond the Meeting are as follows: Martin Gilbert, Nancy Yao Maasbach, Jeswald Salacuse and Hugh Young.
In the United States, Aberdeen Standard Investments is the marketing name for the following affiliated, registered investment advisers: Aberdeen Standard Investments Inc., Aberdeen Asset Managers Ltd., Aberdeen Standard Investments Australia Ltd., Aberdeen Standard Investments (Asia) Ltd., Aberdeen Capital Management, LLC, Aberdeen Standard Investments ETFs Advisors LLC and Standard Life Investments (Corporate Funds) Ltd.
Closed-end funds are traded on the secondary market through one of the stock exchanges. The Fund's investment return and principal value will fluctuate so that an investor's shares may be worth more or less than the original cost. Shares of closed-end funds may trade above (a premium) or below (a discount) the NAV of the fund's portfolio. There is no assurance that the Fund will achieve its investment objective. Past performance does not guarantee future results.
If you wish to receive this information electronically, please contact Investor.Relations@aberdeenstandard.com
aberdeenifn.com
SOURCE The India Fund, Inc.
27% profits every 20 days?
This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.
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