American Stock Exchange Lists Six Credit Suisse Closed-End Funds

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, [phone],





Web site:  http://www.amex.com/

Copyright