The Germany Fund, Inc. and New Germany Fund, Inc. announce that their June 30, 2005, semi-annual reports are now available onlin
August 26 2005 - 10:31AM
Business Wire
The Germany Fund, Inc. (NYSE: GER) and New Germany Fund, Inc.
(NYSE: GF) each announced that their June 30, 2005, semi-annual
reports are now available online at www.germanyfund.com. The
Germany Fund, Inc. is a non-diversified, closed-end investment
company seeking capital appreciation primarily through equity
investments in major German corporations. The Fund may also invest
up to 20% of its assets in equity securities of other Western
European companies. Its shares are listed on the New York Stock
Exchange under the symbol "GER". The New Germany Fund, Inc. is a
non-diversified, closed-end investment company seeking capital
appreciation primarily through equity investments in middle market
German corporations. The Fund may also invest up to 20% of its
assets in equity securities of 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. Investments in closed-end funds involve risk.
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. (08/05 40019)
-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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