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Security Profile
- Security Type
- Closed-End Fund
- CUSIP
- 644465106
- Market Cap
- Small Cap
- IPO
- 1/25/1990
- Parent Company
- Deutsche Bank AG (DB)
Fund Description: The New Germany Fund, Inc. is an exchange-traded closed-end fund or a closed-end ETF which is officially described as a non-diversified, closed-end management investment company. INVESTMENT OBJECTIVE: The The New Germany Fund, Inc seeks long-term capital appreciation primarily through investment in middle-market German equities. FUND STRATEGY: The Fund seeks to achieve its objective primarily through investment in the Mittelstand - an important group of small and mid-cap. German companies. The Fund may invest up to 35% of its assets in large cap German companies, and up to 20% in other Western European companies. FUND MANAGEMENT: FUND MANAGEMENT: Deutsche Investment Management Americas Inc. is the Fund's manager and Deutsche Asset Management International GmbH is the Fund's investment adviser. The Manager and the Investment Adviser are affiliated companies.
Notes: Aug 29th 2013 -- Each of The Central Europe, Russia and Turkey Fund, Inc. (NYSE: CEE) and The New Germany Fund, Inc. (NYSE: GF) (each, a Fund," 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
- 800-349-4281 · Toll-Free 800-349-4281
- Fax
- 212-454-2043
- Investor Relations
- Christopher Ferreira · 800-349-4281