<SEC-DOCUMENT>0001398344-20-012938.txt : 20200629
<SEC-HEADER>0001398344-20-012938.hdr.sgml : 20200629
<ACCEPTANCE-DATETIME>20200629122344
ACCESSION NUMBER:		0001398344-20-012938
CONFORMED SUBMISSION TYPE:	DEFA14A
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20200629
DATE AS OF CHANGE:		20200629
EFFECTIVENESS DATE:		20200629

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Clough Global Equity Fund
		CENTRAL INDEX KEY:			0001316463
		IRS NUMBER:				202248098
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0331

	FILING VALUES:
		FORM TYPE:		DEFA14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-21712
		FILM NUMBER:		20996455

	BUSINESS ADDRESS:	
		STREET 1:		P.O. BOX 328
		CITY:			DENVER
		STATE:			CO
		ZIP:			80201-0328
		BUSINESS PHONE:		303-623-2577

	MAIL ADDRESS:	
		STREET 1:		P.O. BOX 328
		CITY:			DENVER
		STATE:			CO
		ZIP:			80201-0328
</SEC-HEADER>
<DOCUMENT>
<TYPE>DEFA14A
<SEQUENCE>1
<FILENAME>fp0054959_defa14a.htm
<TEXT>
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<BODY STYLE="font: 11pt Times New Roman, Times, Serif">

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="color: Black"><B>UNITED STATES</B></FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="color: Black"><B>SECURITIES AND
EXCHANGE COMMISSION</B></FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="color: Black"><B>Washington, D.C.
20549</B></FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="color: Black"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="color: Black"><B>SCHEDULE 14A</B></FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="color: Black">Proxy Statement
Pursuant to Section 14(a) of the Securities</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="color: Black">Exchange Act of
1934 (Amendment No.___)</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="color: Black">Filed by the Registrant
[X]</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="color: Black">Filed by a Party
other than the Registrant [ ]</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="color: Black">Check the appropriate
box:</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 11pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; width: 5%"><FONT STYLE="font-size: 11pt; color: Black">[ ]</FONT></TD>
    <TD STYLE="text-align: justify; width: 95%"><FONT STYLE="font-size: 11pt; color: Black">Preliminary Proxy Statement</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt; color: Black">[ ]</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt; color: Black"><B>Confidential, for Use of the Commission Only
    (as permitted by Rule 14a-6(e)(2))</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt; color: Black">[ ]</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt; color: Black">Definitive Proxy Statement</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt; color: Black">[X]</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt; color: Black">Definitive Additional Materials</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt; color: Black">[ ]</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt; color: Black">Soliciting Material Pursuant to Sec. 240.14a-12</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="4" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 11pt; color: Black">CLOUGH GLOBAL EQUITY FUND</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 11pt; color: Black">(Name of Registrant as Specified In Its Charter)</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="color: Black">Payment of Filing
Fee (Check the appropriate box):</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 11pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; width: 5%"><FONT STYLE="font-size: 11pt; color: Black">[X]</FONT></TD>
    <TD STYLE="text-align: justify; width: 95%"><FONT STYLE="font-size: 11pt; color: Black">No fee required.</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt; color: Black">[ ]</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt; color: Black">Fee computed on table below per Exchange Act Rules
    14a-6(i)(1) and 0-11.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 11pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 5%">&nbsp;</TD>
    <TD STYLE="text-align: justify; width: 5%"><FONT STYLE="font-size: 11pt; color: Black">(1)</FONT></TD>
    <TD STYLE="text-align: justify; width: 90%"><FONT STYLE="font-size: 11pt; color: Black">Title of each class of securities
    to which transaction applies:</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="color: Black">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt; color: Black">(2)</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt; color: Black">Aggregate number of securities to which transaction
    applies:</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="color: Black">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt; color: Black">(3)</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt; color: Black">Per unit price or other underlying value of transaction
    computed pursuant to Exchange Act Rule 0-11(set forth the amount on which the filing fee is calculated and state how it was
    determined):</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="color: Black">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt; color: Black">(4)</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt; color: Black">Proposed maximum aggregate value of transaction:</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="color: Black">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt; color: Black">(5)</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt; color: Black">Total fee paid:</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 11pt; color: Black">&nbsp;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 11pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; width: 5%"><FONT STYLE="font-size: 11pt; color: Black">[ ]</FONT></TD>
    <TD STYLE="text-align: justify; width: 95%"><FONT STYLE="font-size: 11pt; color: Black">Fee paid previously with preliminary
    materials.</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="color: Black">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt; color: Black">[ ]</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt; color: Black">Check box if any part of the fee is offset as
    provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify
    the previous filing by registration statement number, or the Form or Schedule and the date of its filing.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 11pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 5%">&nbsp;</TD>
    <TD STYLE="padding-right: 0; text-align: justify; width: 5%; padding-left: 0"><FONT STYLE="font-size: 11pt; color: Black">(1)</FONT></TD>
    <TD STYLE="padding-right: 0; text-align: justify; width: 90%; padding-left: 0"><FONT STYLE="font-size: 11pt; color: Black">Amount
    Previously Paid:</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; text-align: justify"><FONT STYLE="font-size: 11pt; color: Black">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 11pt; color: Black">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 0; text-align: justify; padding-left: 0"><FONT STYLE="font-size: 11pt; color: Black">(2)</FONT></TD>
    <TD STYLE="padding-right: 0; text-align: justify; padding-left: 0"><FONT STYLE="font-size: 11pt; color: Black">Form, Schedule
    or Registration Statement No.:</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; text-align: justify"><FONT STYLE="font-size: 11pt; color: Black">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 11pt; color: Black">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 0; padding-left: 0"><FONT STYLE="font-size: 11pt; color: Black">(3)</FONT></TD>
    <TD STYLE="padding-right: 0; padding-left: 0"><FONT STYLE="font-size: 11pt; color: Black">Filing Party:</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 0; padding-left: 0"><FONT STYLE="font-size: 11pt; color: Black">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 11pt; color: Black">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 0; padding-left: 0"><FONT STYLE="font-size: 11pt; color: Black">(4)</FONT></TD>
    <TD STYLE="padding-right: 0; padding-left: 0"><FONT STYLE="font-size: 11pt; color: Black">Date Filed:</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 0; padding-left: 0"><FONT STYLE="font-size: 11pt; color: Black">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 11pt; color: Black">&nbsp;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"><B>Persons who are to respond to the
collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control
number.</B></FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

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<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 11pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold"><FONT STYLE="font-size: 11pt; color: Black">Clough Global Dividend and Income Fund (NYSE MKT:
    GLV)</FONT></TD>
    <TD STYLE="font-weight: bold"><FONT STYLE="font-size: 11pt; color: Black">PRESS RELEASE</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold"><FONT STYLE="font-size: 11pt; color: Black">Clough Global Equity Fund (NYSE MKT: GLQ)</FONT></TD>
    <TD><FONT STYLE="font-size: 11pt; color: Black">June 29, 2020</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold"><FONT STYLE="font-size: 11pt; color: Black">Clough Global Opportunities Fund (NYSE MKT: GLO)</FONT></TD>
    <TD STYLE="font-weight: bold"><FONT STYLE="color: Black">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="color: Black">1290 Broadway, Suite 1000</FONT></TD>
    <TD><FONT STYLE="color: Black">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="color: Black">Denver, CO 80203</FONT></TD>
    <TD><FONT STYLE="color: Black">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="color: Black">Contact: Fund Services Group at 877-256-8445</FONT></TD>
    <TD><FONT STYLE="color: Black">&nbsp;</FONT></TD></TR>
</TABLE>
<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 0 0 0 5.95pt; text-align: center"><FONT STYLE="color: Black">Clough
Global Dividend and Income Fund, Clough Global Equity Fund</FONT></P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 0 0 0 5.95pt; text-align: center"><FONT STYLE="color: Black">and
Clough Global Opportunities Fund</FONT></P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 0 0 0 5.95pt; text-align: center"><FONT STYLE="color: Black">Announce
Change of Location of the Joint Annual Meeting of Shareholders</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="color: Black"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="color: Black"><B>Denver,
Colorado</B> &mdash; The Board of Trustees of the Clough Global Dividend and Income Fund, Clough Global Equity Fund and Clough
Global Opportunities Fund (each, a &ldquo;Fund&rdquo; and together, the &ldquo;Funds&rdquo;) have determined it is advisable and
in the best interests of the Fund&rsquo;s shareholders to hold the July 9, 2020 Annual Meeting of Shareholders by telephone conference
call without any in-person attendance. The Funds are taking this step because of travel limitations and other concerns relating
to the coronavirus outbreak (COVID-19), including the health of shareholders and proxyholders. This press release provides instructions
for participating in the meeting.</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"><I>Registration Instructions for the
Telephonic Meeting</I></FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="color: Black">As described in
the previously distributed proxy materials for the Meeting, any shareholder of record of the Funds as of the close of business
on May 11, 2020 is entitled to notice of, and to vote at, the Meeting or any postponement or adjournment thereof. To participate
in the Meeting, you must email shareholdermeetings@computershare.com no later than 5:00 p.m. Eastern Time on July 6, 2020 and
provide your full name and address. You will then receive an email from Computershare Fund Services containing the conference
call dial-in information and instructions for participating in the Meeting.</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="color: Black">If you hold your
shares through an intermediary, such as a bank or broker, you must register in advance to attend the Meeting. To register, you
must submit proof of your proxy power (legal proxy) reflecting your Fund holdings along with your name and email address to Computershare
Fund Services, the Funds&rsquo; tabulator. You may forward an email from your intermediary or attach an image of your legal proxy
to shareholdermeetings@computershare.com. Requests for registration must be received no later than 5:00 p.m. Eastern Time on July
6, 2020. You will then receive an email from Computershare Fund Services containing the conference call dial-in information and
instructions for participating in the Meeting.</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="margin: 0; font: 11pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-size: 11pt; color: Black">Whether
or not you plan to participate in the Meeting</FONT><FONT STYLE="color: Black">, the Funds urge shareholders to vote and submit
their proxy in advance of the meeting by one of the methods described in the proxy materials for the Annual Meeting. The proxy
card included with the proxy materials previously distributed will not be updated to reflect information provided above and may
continue to be used to vote each shareholder&rsquo;s shares in connection with the Meeting.</FONT></P>

<P STYLE="margin: 0; font: 11pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="color: Black">The Clough
Global Dividend and Income Fund</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="color: Black">The Fund is a closed-end
fund with an investment objective of providing a high level of total return. The Fund seeks to pursue this objective by applying
a fundamental research-driven investment process and will invest in equity and equity-related securities as well as fixed income
securities, including both corporate and sovereign debt, in both U.S. and non-U.S. markets. The Fund&rsquo;s portfolio managers
are Chuck Clough and Rob Zdunczyk. As of May 31, 2020, the Fund had approximately $145 million in total assets. More information,
including the Fund&rsquo;s dividend reinvestment plan, can be found at www.cloughglobal.com or call 877-256-8445.</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="color: Black">&nbsp;</FONT></P>

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<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="color: Black"></FONT></P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="color: Black">The Clough
Global Equity Fund</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="color: Black">The Fund is a closed-end
fund utilizing Clough Capital&rsquo;s research-driven, thematic process, with an investment objective of providing a high level
of total return. Having a global, flexible mandate, the Fund will invest at least 80% of its net assets, including any borrowings
for investment purposes, in equity and equity-related securities in both U.S. and non-U.S. markets, and the remainder in fixed
income securities, including corporate and sovereign debt, in both U.S. and non-U.S. markets. The Fund&rsquo;s portfolio managers
are Chuck Clough and Rob Zdunczyk. As of May 31, 2020, the Fund had approximately $270 million in total assets. More information,
including the Fund&rsquo;s dividend reinvestment plan, can be found at www.cloughglobal.com or call 877-256-8445.</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="color: Black"><B>The
Clough Global Opportunities Fund</B></FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="color: Black">The Fund
is a closed-end fund with an investment objective of providing a high level of total return. The Fund seeks to achieve this objective
by applying a fundamental research-driven investment process and will invest in equity and equity-related securities as well as
fixed income securities, including both corporate and sovereign debt. Utilizing Clough Capital&rsquo;s global research capabilities,
the Fund will invest in both U.S. and non-U.S. markets. The Fund&rsquo;s portfolio managers are Chuck Clough and Rob Zdunczyk.
As of May 31, 2020, the Fund had approximately $537 million in total assets. More information, including the Fund&rsquo;s dividend
reinvestment plan, can be found at www.cloughglobal.com or call 877-256-8445.</FONT></P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="color: Black">Clough Capital
Partners L.P.</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="color: Black">Clough Capital,
a Boston-based investment advisory firm which manages approximately $1.7 billion in assets as of May 31, 2020, serves as investment
adviser to the Funds.</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black"><I>&nbsp;</I></FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="color: Black"><I>The Clough Global
Dividend and Income Fund, Clough Global Equity Fund and Clough Global Opportunities Fund are closed-end funds and closed-end funds
do not continuously issue shares for sale as open-end mutual funds do. Since the initial public offering, the Funds now trade
in the secondary market. Investors wishing to buy or sell shares need to place orders through an intermediary or broker. The share
price of a closed-end fund is based on the market's value.</I></FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="color: Black"><I>&nbsp;</I></FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="color: Black"><I>ALPS Portfolio
Solutions Distributor, Inc., FINRA Member Firm.</I></FONT></P>

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