GABELLI GLOBAL SMALL & M

Gabelli Global Small & M (ticker: GGZ) is a closed‑end investment company that focuses on small‑ and mid‑capitalisation equities outside the U.S. It is actively managed with a value-oriented approach, aiming to find underappreciated companies with potential for long-term growth. Investors should note GGZ’s structure can trade at a discount or premium to its net asset value and may use leverage, which can amplify gains and losses. Income distributions may be part of shareholder returns, but dividend levels are not guaranteed. Because the fund concentrates in smaller companies and across multiple countries, it can be more volatile and sensitive to regional economic and currency shifts than large-cap, domestic funds. This summary provides general information for educational purposes only and is not personalised investment advice. Prospective investors should consider their objectives, risk tolerance and costs, and may wish to consult a regulated financial adviser before investing.