On January 31, 2003, the Securities and Exchange Commission approved proxy voting regulations for investment advisors registered with the SEC under the Investment Advisors Act of 1940, as amended. The regulations require investment advisors to disclose their proxy voting policies and procedures to their clients.
In this regard, we would like to remind you that it is our firm's policy not to accept proxy voting authority with respect to client securities holdings. Consequently, all proxy solicitations related to securities held in your Bell Investment Advisors account should be sent directly to you for voting. In the event a proxy solicitation is sent to us on your behalf, it is our practice to forward the solicitation to your address of record immediately so that you may cast the proxy vote.
Please contact us at your convenience if you have any questions regarding our proxy voting policy or procedures.
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