NEW GERMANY FUND INC

# New Germany Fund Inc

Established in 1990, this closed-end equity mutual fund provides investors with exposure to German public equity markets. The fund is managed by Deutsche Asset Management International GmbH and operates under the sponsorship of Deutsche Investment Management Americas Inc. As a Maryland-incorporated entity listed on the NYSE, it maintains its domicile in Frankfurt am Main, Germany.

The fund's investment strategy focuses on German small and mid-capitalization companies across diversified sectors. It benchmarks its portfolio performance against the Midcap Market Performance Index, providing a systematic approach to capturing mid-market equity exposure within Germany's economy. The fund generates revenue primarily through management fees charged to shareholders based on assets under management.

With a market capitalization of approximately $200 million, the fund operates as a relatively specialized vehicle within the asset management industry, serving investors seeking concentrated German equity exposure. The fund's scale reflects its position as a niche offering within the broader European equity fund marketplace.