New Germany Fund, Inc. Approves Election of Directors

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Nyse

22:00:02 27/06/2024

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At the annual meeting of shareholders of New Germany Fund, Inc. held on June 27, 2024, the two Class III directors nominated by the Board of Directors, Dr. Wolfgang Leoni and Ms. Hepsen Uzcan, were elected for a term of three years and until their respective successors are elected and qualified; and one Class I director nominated by the Board of Directors, Ms. Fiona Flannery, a former Class III director, was elected for a term of one year and until her successors are elected and qualified.

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Duration Auto. 2 months 3 months 6 months 9 months 1 an 2 ans 5 ans 10 ans Max.

Period Jour Week

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The New Germany Fund, Inc. (the Fund) is a diversified closed-end investment company. The Fund seeks to achieve long-term capital appreciation primarily by investing in mid-cap German stocks. The Fund’s investments are focused on Germany. Under normal market conditions, at least 80% of the Fund’s net assets are invested in equity or equity-related securities. The Fund invests in a variety of industries, including aerospace and defense, automotive components, automobiles, banks, building products, chemicals, electrical equipment, independent power and renewable electricity producers, insurance, Internet and direct retail marketing, information technology (IT) services, life sciences tools and services, metals and mining, real estate management and development, software, textiles, apparel and luxury goods, trading companies and distributors, diversified financial services, business services and supplies, and others. The fund’s investment advisor is DWS International GmbH.

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Varia. Jan 1

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-6,86 % 134 M
+3,84 % 12,64 Md
+13,79 % 9,62 Md
-1,45 % 5,49 Md
+4,68 % 5,14 Md
-6,40 % 4,83 Md
+22,03 % 4,81 Md
+18,68 % 4,48 Md
-1,05 % 3,95 Md
-0,16 % 3,75 Md

Closed-end investment fund

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