Gabelli Merger Plus+

FUND SUMMARY

REGISTERED NAME Gabelli Merger Plus+ Trust Plc
INVESTMENT MANAGER Gabelli Funds, LLC
AIFMD PASSPORT England, Ireland, Italy, Spain, Germany
REGISTERED NUMBER 10747219
ADDRESS OF REGISTERED OFFICE 64 St. James’s Street,

London, SW1A 1NF

United Kingdom

PORTFOLIO COMPOSITION The Company’s primary investment objective is to seek to generate total return, consisting of capital appreciation and current income. The Company will seek a secondary objective of the protection of capital, uncorrelated to equity and fixed income markets.
BOARD OF DIRECTORS Board of Directors comprising of Marc Gabelli (Chairman), Marco Maria Bianconi, John Birch, Kuni Nakamura, Paolo Vicinelli, Yuji Sugimoto
DIVIDEND FREQUENCY 5% annual dividend paid quarterly
LISTING GMP.LN – Specialist Fund Segment of the London Stock Exchange
FUND DENOMINATION USD
FREQUENCY OF NAV Daily
GEARING The IC will have authority to have a maximum gearing of 2.5 times of Net Asset Value that will be used selectively; Anticipated up to 2x
FEES & ONGOING COSTS 0.85% Annual Management Fee on the Daily Net Asset Value.

20% Annual Incentive Fee with HWM & Hurdle

DISCOUNT CONTROL Buyback policy at 7.5% to NAV
CONTINUATION PROVISIONS The Company has been established with an unlimited life. The Articles provide, however, that a continuation resolution be put to Shareholders as an ordinary resolution at the first annual general meeting of the Company to be held following the fifth anniversary of Admission.
Loyalty Program Tender Offer: Year 5 offer to subscribers at IPO to sell shares back to the company at then NAV

Loyalty Share: Additional vote after 5 years as a registered shareholder of the Loyalty Registry