The Central and Eastern Europe Fund, Inc. Announces the Rescission of the Previously Announced Change to the Fund’s Benchmark
Published on: Friday 06 May 2022
NEW YORK, May 06, 2022--The Central and Eastern Europe Fund, Inc. (NYSE: CEE) (the "Fund") announced today that its Board of Directors determined not to proceed with the previously announced change of the benchmark index for the Fund from the MSCI Emerging Markets Eastern Europe Index to a custom blend of the MSCI Germany Index, 24% weight, the MSCI Austria Index, 4% weight, MSCI Switzerland Index, 12% weight, and the MSCI Emerging Markets Eastern Europe Index, 60% weight, contingent on stockhol