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Security Profile
- Security Type
- Closed-End Fund
- CUSIP
- 153436100
- Market Cap
- Small Cap
- IPO
- 2/28/1990
- Previous Name
- Central Europe and Russia Fund, Inc. (The)
- Parent Company
- Deutsche Bank AG (DB)
Fund Description: The Central Europe, Russia and Turkey Fund, Inc., formerly the The Central Europe and Russia Fund, Inc., is an exchange-traded closed-end Fund or a closed-end ETF which is officially described as a non-diversified, closed-end investment management company. <p> INVESTMENT OBJECTIVE: The Central Europe, Russia and Turkey Fund, Inc. seeks long-term capital appreciation primarily through investment in equity or equity-linked securities of issuers domiciled in Central Europe and Russia. The Fund is non-diversified and can take larger positions in fewer issues, increasing its potential risk. Investing in foreign securities, particularly those of emerging markets, presents certain risks, such as currency fluctuations, political and economic changes, and market risks. <p> FUND STRATEGY: The Fund invests in sectors, such as energy, financials, materials, telecommunication services, industrials, consumer staples, information technology, utilities and consumer discretionary. <p> FUND MANAGEMENT: Deutsche Investment Management Americas Inc. is the Fund's manager and Deutsche Asset Management International GmbH is the Fund's investment adviser.
Notes: March 18, 2014 -- trading in the Common Stock of The Central Europe, Russia and Turkey Fund, Inc. will be on a Regular Way and on a When Distributed basis. ______________Aug 29th 2013 -- Each of The Central Europe, Russia and Turkey Fund, Inc. (NYSE: CEE) and The New Germany Fund, Inc. (NYSE: GF) and together, the Funds) announced today the expiration and preliminary results of its tender offer for up to 608,323 and 801,417 shares of its shares of common stock, respectively, representing approximately 5% of each Fund's issued and outstanding shares. The tender offer expired at 5:00 p.m. Eastern time on Wednesday, August 28, 2013.
Company Contact
- Headquarters
- 345 Park Avenue, New York, NY 10154
- Phone
- 212-250-3220 · Toll-Free 800-349-4281
- Fax
- 212-454-2043
- Investor Relations
- 800-349-4281