The Central and Eastern Europe Fund, Inc., and The New Germany Fund, Inc. Announce Annual Meetings of Stockholders
19 April 2022 - 6:30AM
Business Wire
The Central and Eastern Europe Fund, Inc. (NYSE: CEE) and The
New Germany Fund, Inc. (NYSE: GF) (each, a “Fund,” and,
collectively, the “Funds”) announced today that the Annual
Meeting of Stockholders for each Fund will be held at 10:00 a.m.,
Eastern time on June 23, 2022 at the offices of DWS Investment
Management Americas, Inc., 875 Third Avenue, New York, New York
10022. Holders of shares of common stock of record of the Funds at
the close of business on April 29, 2022 are entitled to vote at the
meeting and any postponements or adjournments thereof. At the
meeting, stockholders of each Fund will consider the election of
Directors and approval of auditors.
For more information on the Funds, including their most recent
month-end performance, visit dwsfunds.com or call (800)
349-4281.
Important Information
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.
The Central and Eastern Europe Fund, Inc. is non-diversified
and can take larger positions in fewer issues, increasing its
potential risk, and also concentrates its investments in the energy
sector. Investing in foreign securities presents certain risks,
such as currency fluctuations, political and economic changes, and
market risks. Emerging markets tend to be more volatile and less
liquid than the markets of more mature economies, and generally
have less diverse and less mature economic structures and less
stable political systems than those of developed countries. Any
fund that focuses in a particular segment of the market or region
of the world will generally be more volatile than a fund that
invests more broadly.
The New Germany Fund, Inc. is diversified and primarily
focuses its investments in equity securities of issuers domiciled
in Europe, thereby increasing its vulnerability to developments in
that that regions. Investing in foreign securities, particularly of
emerging markets, presents certain risks, such as currency
fluctuations, political and economic changes, and market risks. Any
fund that concentrates in a particular segment of the market or a
particular geographical region will generally be more volatile than
a fund that invests more broadly.
The shares of most closed-end funds, including the Funds, are
not continuously offered. Once issued, shares of closed-end funds
are bought and 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 a fund’s shares is determined by a number
of factors, several of which are beyond the control of the fund.
Therefore, a fund cannot predict whether its shares will trade at,
below, or above net asset value.
War, terrorism, sanctions, economic uncertainty, trade
disputes, public health crises and related geopolitical events have
led, and, in the future, may lead to significant disruptions in US
and world economies and markets, which may lead to increased market
volatility and may have significant adverse effects on the fund and
its investments.
This press release shall not constitute an offer to sell or a
solicitation to buy, nor shall there be any sale of these
securities in any state or jurisdiction in which such offer or
solicitation or sale would be unlawful prior to registration or
qualification under the laws of such state or jurisdiction.
Certain statements contained in this release may be
forward-looking in nature. These include all statements relating to
plans, expectations, and other statements that are not historical
facts and typically use words like “expect,” “anticipate,”
“believe,” “intend,” and similar expressions. Such statements
represent management’s current beliefs, based upon information
available at the time the statements are made, with regard to the
matters addressed. All forward-looking statements are subject to
risks and uncertainties that could cause actual results to differ
materially from those expressed in, or implied by, such statements.
Management does not undertake any obligation to update or revise
any forward-looking statements, whether as a result of new
information, future events, or otherwise. The following factors,
among others, could cause actual results to differ materially from
forward-looking statements: (i) the effects of adverse changes in
market and economic conditions; (ii) legal and regulatory
developments; and (iii) other additional risks and uncertainties,
including public health crises (including the recent pandemic
spread of the novel coronavirus), war, terrorism, trade disputes
and related geopolitical events.
Past performance is no guarantee of future results.
NOT FDIC/ NCUA INSURED • MAY LOSE VALUE • NO BANK GUARANTEE
NOT A DEPOSIT • NOT INSURED BY ANY FEDERAL GOVERNMENT
AGENCY
The brand DWS represents DWS Group GmbH & Co. KGaA and any
of its subsidiaries such as DWS Distributors, Inc. which offers
investment products or DWS Investment Management Americas, Inc. and
RREEF America L.L.C. which offer advisory services. (R-089315-1)
(04/22)
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version on businesswire.com: https://www.businesswire.com/news/home/20220418005519/en/
For additional information:
DWS Press Office (212) 454-4500 Shareholder Account
Information (800) 294-4366 DWS Closed-End Funds (800)
349-4281
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