The New Germany Fund, Inc. (GF)GFThe New Germany Fund, Inc.

Total Return:3.44%(TTM)

Over the latest trailing 12-month period, total return cagr is +3.44%. The comparable SPY value is +22.28%. Year-to-date total return is +3.34%. Total return includes price appreciation and reinvested dividends.

Growth of $10,000 in GF

$61,659

(6.2x return)

Invested on Jun 26, 1996

Growth of $10,000 in SPY (S&P 500)

$185,445

(18.5x return)

Invested on Jun 26, 1996

Hypothetical Growth of $10,000

This chart illustrates the cumulative performance of a hypothetical $10,000 investment. It assumes that all dividends paid by both the stock and SPY are reinvested in additional shares on the payment date, showing the true long-term compounding impact of distributions.

Recent Performance Indicators

YTD Total Return

+3.3%

1-Year Total Return

+3.4%

Current Dividend Yield

2.44%

Price CAGR vs. Total Return CAGR

Compound Annual Growth Rate (CAGR) is shown below. The difference between price CAGR and total return CAGR is the compound contribution of dividends reinvested.

Holding Period	Price CAGR	Total Return CAGR	Dividend Addition
1 Year	+0.9%	+3.4%	+2.5%
3 Years	+9.9%	+11.5%	+1.5%
5 Years	(10.6%)	(8.4%)	+2.2%
10 Years	(1.1%)	+6.0%	+7.1%
15 Years	(2.6%)	+3.7%	+6.3%
20 Years	(0.0%)	+5.3%	+5.3%

About The New Germany Fund, Inc.

The New Germany Fund Inc. functions as a closed-ended equity investment vehicle, originally established by Deutsche Investment Management Americas Inc. and currently overseen by Deutsche Asset Management International GmbH. Its primary objective is to allocate capital within the public stock markets of Germany, seeking out opportunities in shares of companies operating across a diverse range of industries. The fund predominantly focuses its investments on small and mid-capitalization (SMC) firms. To assess its portfolio's returns, the fund utilizes the Midcap Market Performance Index as its benchmark. This fund was founded on January 16, 1990, and is legally registered in Germany.

Frankfurt Am Main

fundsus.deutscheam.com/EN/products/new_germany_fund.jsp

Financial Services / Asset Management