Schroder Oriental Income Fund Ltd Compliance with US Executive Order 13959 (3899L)
January 12 2021 - 3:34AM
UK Regulatory
TIDMSOI
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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