American Stock Exchange Lists Six Credit Suisse Closed-End Funds
May 11 2006 - 12:44PM
PR Newswire (US)
Six Credit Suisse-Advised Closed-End Funds Voluntarily Transfer
From the New York Stock Exchange to the Amex NEW YORK, May 11
/PRNewswire/ -- The American Stock Exchange(R) (Amex(R)) today
began trading six Credit Suisse-Advised closed-end funds that
previously were traded on the New York Stock Exchange, Inc. The
funds that are listing their common shares on the Amex are: The
Chile Fund, Inc. (CH), Credit Suisse Asset Management Income Fund,
Inc. (CIK), Credit Suisse High Yield Bond Fund (DHY), The Emerging
Markets Telecommunications Fund, Inc. (ETF), The First Israel Fund,
Inc. (ISL), and The Latin America Equity Fund, Inc. (LAQ). These
funds have a combined market capitalization of more than $1 billion
and join Credit Suisse's The Indonesia Fund, Inc. (IF), which has
been listed on Amex since 2003. All Credit Suisse- Advised
closed-end funds are now listed on the Amex. "We are very pleased
that the Credit Suisse closed-end funds have chosen voluntarily to
transfer their listing to the American Stock Exchange," said Tom
Rzepski, Vice President of Amex's closed-end fund business. "The
Amex looks forward to a long-standing partnership with the funds,
one that brings new and innovative investment opportunities to
investors." The specialist chosen by Credit Suisse for the Credit
Suisse High Yield Bond Fund, The First Israel Fund, Inc. and The
Chile Fund, Inc., is HBH Specialist LLC. The specialist chosen by
Credit Suisse for The Latin America Equity Fund, Inc., The Emerging
Markets Telecommunications Fund, Inc., and Credit Suisse Asset
Management Income Fund, Inc. is LaBranche & Company. The Amex
currently lists 148 closed-end funds with over $29 billion in
assets. For additional information on these six new funds or other
Amex-listed closed-end funds, please call 1-800-THE-AMEX. About
American Stock Exchange The American Stock Exchange(R) (Amex(R)) is
the only primary exchange that offers trading across a full range
of equities, options and exchange traded funds (ETFs), including
structured products and HOLDRS(SM). In addition to its role as a
national equities market, the Amex is the pioneer of the ETF,
responsible for bringing the first domestic product to market in
1993. Leading the industry in ETF listings, the Amex lists 166 ETFs
to date. The Amex is also one of the largest options exchanges in
the U.S., trading options on broad-based and sector indexes as well
as domestic and foreign stocks. DATASOURCE: American Stock Exchange
CONTACT: Renee Rossi, American Stock Exchange, +1-212-306-8964, Web
site: http://www.amex.com/
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