The process for buying or selling a closed-end fund such as The Taiwan Fund, Inc is the same as for buying or selling stocks. You can buy through all types of brokerage firms, including full-service brokers, discount brokers and online brokers. Your brokerage firm will charge a commission for the services provided which may include guidance on how the fund fits into your portfolio. Your broker can quote you the current market price of the shares, and you can decide whether you want to pay the prevailing price by submitting a market order or set your own price through a limit order. You can also chose to invest via the Dividend Reinvestment and Cash purchase plan.
The Dividend Reinvestment and Cash Purchase Plan
The Dividend Reinvestment and Cash Purchase Plan (the “Plan”) offers shareholders of The Taiwan Fund, Inc. (the “Fund”) a prompt and simple way to reinvest their dividends and capital gains distributions in shares of the Fund. The Fund will distribute to shareholders, at least annually, substantially all of its net income and expects to distribute annually its net realized capital gains. Computershare Trust Company, N.A. (the “Plan Administrator”) acts as Plan Administrator for shareholders in administering the Plan. The Plan also allows you to make optional cash investments in Fund shares through the Plan Administrator.
If you own shares in your own name, you can elect to participate directly in the Plan. If you own shares that are held in the name of a brokerage firm, bank, or other nominee, you should contact your nominee to arrange for them to participate on your behalf. Further Information on the Plan can be found in the frequently asked questions.