The New Germany Fund, Inc. Elects Wolfgang Leoni as Class III Director
June 22, 2018 at 05:00 pm EDT
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The New Germany Fund, Inc. announced that at its Annual Meeting of Stockholders held on June 22, 2018 elected Dr. Wolfgang Leoni as Class III Director to serve for a term of three years and until his successor is elected and qualifies.
The New Germany Fund, Inc. (the Fund) is a diversified, closed-end management investment company. The Fund seeks long-term capital appreciation primarily through investment in middle-market German equities. The focus of the Fund's investments lies within Germany. Under normal market conditions at least 80% of the Fundâs net assets are invested in equity or equity-linked securities. The Fund invests in range of sectors, which include aerospace and defense; auto components; automobiles; banks; building products; chemicals; electrical equipment; independent power and renewable electricity producers; insurance; Internet and direct marketing retail; 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; commercial services and supplies, and others. The Fund's investment advisor is DWS International GmbH.
THE NEW GERMANY FUND, INC. 
