Announces Annual Stockholders Meeting
Germany Funds
New York, April 12, 2007 -- The New Germany Fund, Inc. (GF) announced today that its annual meeting of stockholders will be held at 9:30 am (New York time) on June 25, 2007, at the offices of Deutsche Bank AG, 345 Park Avenue, New York, New York 10154.
Only holders of record of the Fund's Common Stock at the close of business on April 20, 2007 will be entitled to notice of, and to vote at, the annual meeting of stockholders of the Fund.
The Fund is managed and advised by members of the Deutsche Bank Group.
The New Germany Fund, Inc. is a non-diversified; closed-end investment company seeking capital appreciation primarily through investment in middle market German equities. The Fund may invest up to 35% of its assets in large cap German companies, and up to 20% in other Western European companies (with no more than 10% in any single country). Its shares are listed on the New York Stock Exchange under the symbol "GF".
This Fund is not diversified and primarily focuses its investments in Germany, thereby increasing its vulnerability to developments in that country. Investing in foreign securities presents certain unique risks not associated with domestic investments, such as currency fluctuation and political and economic changes and market risks. This may result in greater share price volatility.
Closed-end funds, unlike open-end funds, are not continuously offered. There is a one time public offering and once issued, shares of closed-end funds are sold in the open market through a stock exchange. Shares of closed-end funds frequently trade at a discount to net asset value. The price of the fund's shares is determined by a number of factors, several of which are beyond the control of the fund. Therefore, the fund cannot predict whether its shares will trade at, below or above net asset value.
View more information on Germany Funds or other Closed-End Funds.
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