On June 29, 2017, Clough Global Equity Fund sent a letter to shareholders and sets the record straight regarding disingenuous and misleading claims made by an activist shareholder. The Company stated that Saba Capital Management, L.P. and its hedge funds, are looking to make a quick profit at the expense of long term shareholders and urged shareholders to protect investment in the Fund by voting for the election of Edmund Burke, Vincent Versaci and Clifford J. Weber as Trustees.