The Germany Fund, New Germany Fund and Central Europe & Russia Fund are managed by the Deutsche Bank Group, one of the world's largest financial institutions.
The Germany Fund was the sixth closed-end country fund to go public, in 1986, and the others followed shortly thereafter. Recognizing the importance of the European Union and the new euro currency, the Germany and New Germany Funds now invest elsewhere in Western Europe beyond Germany, up to 20%. The New Germany Fund is also investing in the Neuer Markt, one of Europe's new trading markets for small companies that have recently gone public.
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