The Central and Eastern Europe Fund, Inc. Approves the Election of Directors
June 24, 2021 at 06:28 pm EDT
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The Central and Eastern Europe Fund, Inc. at its AGM held on June 24, 2021, approved with respect to company, each of the three Class III Directors nominated by the Board of Directors, Mr. Christian H. Strenger, Dr. Wolfgang Leoni and Dr. Holger Hatje, was elected to serve for a term of three years and until his respective successor is elected and qualifies.
The Central and Eastern Europe Fund, Inc. (the fund) is a non-diversified, closed-end management investment company. The Fund seeks long-term capital appreciation through investment in equity or equity-linked securities of issuers domiciled in Central and Eastern Europe. Under normal circumstances, the Fund invests at least 80% of its net assets (plus borrowings used for investment purposes) in securities of issuers domiciled in Central and Eastern Europe. The Fund invests in various sectors, such as banks; diversified telecommunication services; electric utilities; food and staples retailing; metals and mining; oil, gas, and consumable fuels; wireless telecommunication services; insurance; media; airlines, chemicals, and pharmaceuticals; entertainment; interactive media and services, information technology (IT) services; insurance, and textiles, apparel, beverages, and luxury goods. DWS International GmbH is the investment advisor of the Fund.