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Central and Eastern Europe Fund Inc T.CEE


Primary Symbol: CEE

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.


NYSE:CEE - Post by User

Post by whocares8on Sep 22, 2008 1:29pm
608 Views
Post# 15475178

To add

To addThey have also increased resources every quarter for the last year and a half, expect them to do so as well going forward.  Apparently profit sharing @ 50%?  please correct if wrong but all upfront costs must be recovered before gov can get any.  Political risk I believe is limited as gov is backing 1st major project for Egypt, ie "poster child"  as well as ex gov members from Australia with whom worked with Egyptian gov on relations between countries.

Should be a slam dunk........

GL all!

Patience!
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