The New Germany Fund, Inc. Makes Announcement
June 21 2005 - 2:11PM
Business Wire
The New Germany Fund, Inc. (GF) announced that its 2005 annual
stockholders meeting was adjourned today due to lack of a quorum.
The meeting will reconvene at 10:00am, June 22, 2005 at 345 Park
Avenue, New York, NY. The New Germany Fund, Inc. is a
non-diversified, closed-end investment company seeking capital
appreciation 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. Its shares are
listed on the New York Stock Exchange under the symbol "GF". The
Fund is not diversified and may focus its investments in certain
geographic regions, thereby increasing its vulnerability to
developments in that region. Investing in foreign securities
presents certain unique risks not associated with domestic
investments, such as currency fluctuation, political and economic
change, and market risks. This may result in greater share price
volatility. 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. (06/05 39105)
-0- *T NOT FDIC/ NCUA INSURED MAY LOSE VALUE NO BANK GUARANTEE NOT
A DEPOSIT NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY *T
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