npx063011ngf.htm
 
 
UNITED STATES
 
SECURITIES AND EXCHANGE COMMISSION
 
Washington, DC 20549
 
FORM N-PX
ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED MANAGEMENT INVESTMENT COMPANY
 
Investment Company Act file number  811-05983
 
The New Germany Fund, Inc.
(Exact name of registrant as specified in charter)

 
345 Park Avenue
New York, NY  10154
(Address of principal executive offices)             (Zip code)
 
John Millette
Secretary
One Beacon Street
Boston, MA  02108-3106
(Name and address of agent for service)
 
Registrant's telephone number, including area code:  617-295-1000
 
Date of fiscal year end:  12/31
 
Date of reporting period:  7/1/10-6/30/11
 
 

******************************* FORM N-Px REPORT *******************************

ICA File Number: 811-05983
Reporting Period: 07/01/2010 - 06/30/2011
The New Germany Fund Inc.
 
 
 
 
 
 






========================== THE NEW GERMANY FUND INC. ============================


AAREAL BANK AG

Ticker:       ARL            Security ID:  D00379111
Meeting Date: MAY 18, 2011   Meeting Type: Annual
Record Date:  APR 27, 2011

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Receive Financial Statements and        None      None         Management
      Statutory Reports for Fiscal 2010
      (Non-Voting)
2     Approve Allocation of Income and        For       For          Management
      Omission of Dividends
3     Approve Discharge of Management Board   For       For          Management
      for Fiscal 2010
4     Approve Discharge of Supervisory Board  For       For          Management
      for Fiscal 2010
5     Ratify PricewaterhouseCoopers AG as     For       For          Management
      Auditors for Fiscal 2011
6     Amend Corporate Purpose                 For       For          Management
7     Amend Articles Re: Remuneration of      For       For          Management
      Supervisory Board


--------------------------------------------------------------------------------

AIXTRON SE

Ticker:       AIXA           Security ID:  D0198L143
Meeting Date: MAY 19, 2011   Meeting Type: Annual
Record Date:

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Receive Financial Statements and        None      None         Management
      Statutory Reports for Fiscal 2010
      (Non-Voting)
2     Approve Allocation of Income and        For       For          Management
      Dividends of EUR 0.60 per Share
3     Approve Discharge of Management Board   For       For          Management
      for Fiscal 2010
4     Approve Discharge of Supervisory Board  For       For          Management
      for Fiscal 2010
5.1   Elect Wolfgang Blaettchen to the        For       For          Management
      Supervisory Board
5.2   Elect Petra Denk to the Supervisory     For       For          Management
      Board
5.3   Elect Holger Juergensen to the          For       For          Management
      Supervisory Board
5.4   Elect Karl-Hermann Kuklies to the       For       For          Management
      Supervisory Board
5.5   Elect Ruediger von Rosen to the         For       For          Management
      Supervisory Board
5.6   Elect Kim Schindelhauer to the          For       For          Management
      Supervisory Board
6     Approve Remuneration of First           For       For          Management
      Supervisory Board of Aixtron SE
7     Amend Articles Re: Remuneration of      For       For          Management
      Supervisory Board
8     Ratify Deloitte & Touche GmbH as        For       For          Management
      Auditors for Fiscal 2011
9     Approve Creation of EUR 40.5 Million    For       For          Management
      Pool of Capital with Partial Exclusion
      of Preemptive Rights
10a   Amend Articles Re: Supervisory Board    For       For          Management
      Terms
10b   Amend Articles Re: Deletion of Obsolete For       For          Management
      Passages


--------------------------------------------------------------------------------

AURUBIS AG

Ticker:       NDA            Security ID:  D10004105
Meeting Date: MAR 03, 2011   Meeting Type: Annual
Record Date:  FEB 10, 2011

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Receive Financial Statements and        None      None         Management
      Statutory Reports for Fiscal 2009/2010
      (Non-Voting)
2     Approve Allocation of Income and        For       For          Management
      Dividends of EUR 1.00 per Share
3     Approve Discharge of Management Board   For       For          Management
      for Fiscal 2009/2010
4     Approve Discharge of Supervisory Board  For       For          Management
      for Fiscal 2009/2010
5     Ratify PricewaterhouseCoopers AG as     For       For          Management
      Auditors for Fiscal 2010/2011
6     Authorize Share Repurchase Program and  For       For          Management
      Reissuance or Cancellation of
      Repurchased Shares
7     Approve Creation of EUR 57.5 Million    For       For          Management
      Pool of Capital with Partial Exclusion
      of Preemptive Rights


--------------------------------------------------------------------------------

AXEL SPRINGER AG

Ticker:       SPR            Security ID:  D76169115
Meeting Date: APR 14, 2011   Meeting Type: Annual
Record Date:

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Receive Financial Statements and        None      None         Management
      Statutory Reports for Fiscal 2010
      (Non-Voting)
2     Approve Allocation of Income and        For       For          Management
      Dividends of EUR 4.80 per Share
3     Approve Discharge of Management Board   For       For          Management
      for Fiscal 2010
4     Approve Discharge of Supervisory Board  For       For          Management
      for Fiscal 2010
5     Ratify Ernst & Young GmbH as Auditors   For       For          Management
      for Fiscal 2011
6     Elect Nicola Leibinger-Kammueller to    For       For          Management
      the Supervisory Board
7     Authorize Share Repurchase Program and  For       Against      Management
      Reissuance or Cancellation of
      Repurchased Shares
8     Approve 1:3 Stock Split; Amend Articles For       For          Management
      Re: Supervisory Board Compensation
9     Amend Articles Re: Electronic           For       For          Management
      Participation at General Meeting due to
      New German Legislation (Transposition
      of EU Shareholder's Rights Directive)
10    Approve Affiliation Agreement with WBV  For       For          Management
      Wochenblatt  Verlag GmbH


--------------------------------------------------------------------------------

BERTRANDT AG

Ticker:       BDT            Security ID:  D1014N107
Meeting Date: FEB 16, 2011   Meeting Type: Annual
Record Date:  JAN 26, 2011

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Receive Financial Statements and        None      None         Management
      Statutory Reports for Fiscal 2009/2010
      (Non-Voting)
2     Approve Allocation of Income and        For       For          Management
      Dividends of EUR 1.20 per Share
3     Approve Discharge of Management Board   For       For          Management
      for Fiscal 2009/2010
4     Approve Discharge of Supervisory Board  For       For          Management
      for Fiscal 2009/2010
5     Authorize Share Repurchase Program and  For       Against      Management
      Reissuance or Cancellation of
      Repurchased Shares
6     Authorize Use of Financial Derivatives  For       Against      Management
      when Repurchasing Shares
7     Amend Articles Re: Age of Supervisory   For       For          Management
      Board Members
8     Ratify PricewaterhouseCoopers AG as     For       For          Management
      Auditors for Fiscal 2010/2011


--------------------------------------------------------------------------------

BILFINGER BERGER SE

Ticker:       GBF            Security ID:  D11648108
Meeting Date: MAY 31, 2011   Meeting Type: Annual
Record Date:  MAY 09, 2011

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Receive Financial Statements and        None      None         Management
      Statutory Reports for Fiscal 2010
      (Non-Voting)
2     Approve Allocation of Income and        For       For          Management
      Dividends of EUR 2.50 per Share
3     Approve Discharge of Management Board   For       For          Management
      for Fiscal 2010
4     Approve Discharge of Supervisory Board  For       For          Management
      for Fiscal 2010
5     Approve Remuneration System for         For       For          Management
      Management Board Members
6     Approve Remuneration of Supervisory     For       For          Management
      Board
7     Ratify Ernst & Young GmbH as Auditors   For       For          Management
      for Fiscal 2011 and for the Inspection
      of the Interim Reports for 2011
8a    Elect John Feldmann to the Supervisory  For       For          Management
      Board
8b    Elect Lone Schroder to the Supervisory  For       For          Management
      Board
8c    Elect Thomas Pleines to the Supervisory For       For          Management
      Board
8d    Elect Udo Stark to the Supervisory      For       For          Management
      Board
8e    Elect Klaus Truetzschler to the         For       For          Management
      Supervisory Board
8f    Elect Bernhard Walter to the            For       For          Management
      Supervisory Board
8g    Elect Peter Thomsen as Alternate        For       For          Management
      Supervisory Board Member
9     Amend Articles Re: First Supervisory    For       For          Management
      Board of Bilfinger Berger SE


--------------------------------------------------------------------------------

BRENNTAG AG

Ticker:       BNR            Security ID:  D12459109
Meeting Date: JUN 22, 2011   Meeting Type: Annual
Record Date:

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Receive Financial Statements and        None      None         Management
      Statutory Reports for Fiscal 2010
      (Non-Voting)
2     Approve Allocation of Income and        For       For          Management
      Dividends of EUR 1.40 per Share
3     Approve Discharge of Management Board   For       For          Management
      for Fiscal 2010
4     Approve Discharge of Supervisory Board  For       For          Management
      for Fiscal 2010
5     Ratify PricewaterhouseCoopers as        For       For          Management
      Auditors for Fiscal 2011
6     Approve Remuneration System for         For       For          Management
      Management Board Members
7     Elect Stephen Clark to the Supervisory  For       For          Management
      Board


--------------------------------------------------------------------------------

CELESIO AG

Ticker:       CLS1           Security ID:  D1497R112
Meeting Date: MAY 17, 2011   Meeting Type: Annual
Record Date:

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Receive Financial Statements and        None      None         Management
      Statutory Reports for Fiscal 2010
      (Non-Voting)
2     Approve Allocation of Income and        For       For          Management
      Dividends of EUR 0.50 per Share
3     Approve Discharge of Management Board   For       For          Management
      for Fiscal 2010
4     Approve Discharge of Supervisory Board  For       For          Management
      for Fiscal 2010
5     Ratify Ernst & Young GmbH as Auditors   For       For          Management
      for Fiscal 2011
6     Approve Creation of EUR 65.3 Million    For       Against      Management
      Pool of Capital without Preemptive
      Rights
7     Amend Articles Re: Allow Electronic     For       For          Management
      Voting at the General Meeting


--------------------------------------------------------------------------------

CONTINENTAL AG

Ticker:       CON            Security ID:  D16212140
Meeting Date: APR 28, 2011   Meeting Type: Annual
Record Date:  APR 07, 2011

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Receive Financial Statements and        None      None         Management
      Statutory Reports for Fiscal 2010
      (Non-Voting)
2     Approve Allocation of Income and        For       For          Management
      Omission of Dividends
3     Approve Discharge of Management Board   For       For          Management
      for Fiscal 2010
4     Approve Discharge of Supervisory Board  For       For          Management
      for Fiscal 2010
5     Ratify KPMG AG as Auditors for Fiscal   For       For          Management
      2011
6a    Elect Siegfried Wolf to the Supervisory For       For          Management
      Board
6b    Elect Hans Peters as Alternate          For       For          Management
      Supervisory Board Member


--------------------------------------------------------------------------------

DEUTSCHE EUROSHOP AG

Ticker:       DEQ            Security ID:  D1854M102
Meeting Date: JUN 16, 2011   Meeting Type: Annual
Record Date:

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Receive Financial Statements and        None      None         Management
      Statutory Reports for Fiscal 2010
      (Non-Voting)
2     Approve Allocation of Income and        For       For          Management
      Dividends of EUR 1.10 per Share
3     Approve Discharge of Management Board   For       For          Management
      for Fiscal 2010
4     Approve Discharge of Supervisory Board  For       For          Management
      for Fiscal 2010
5     Ratify BDO AG as Auditors for Fiscal    For       For          Management
      2011
6     Approve Issuance of Warrants/Bonds with For       For          Management
      Warrants Attached/Convertible Bonds
      with Partial Exclusion Preemptive
      Rights up to Aggregate Nominal Amount
      of EUR 200 Million; Approve Creation of
      EUR 10 Million Pool of Capital to
      Guarantee Conversion Rights
7     Approve Remuneration System for         For       For          Management
      Management Board Members


--------------------------------------------------------------------------------

DOUGLAS HOLDING AG

Ticker:       DOU            Security ID:  D2290M102
Meeting Date: MAR 23, 2011   Meeting Type: Annual
Record Date:  MAR 02, 2011

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Receive Financial Statements and        None      None         Management
      Statutory Reports for Fiscal 2009/2010
      (Non-Voting)
2     Approve Allocation of Income and        For       For          Management
      Dividends of EUR 1.10 per Share
3     Approve Discharge of Management Board   For       For          Management
      for Fiscal 2009/2010
4     Approve Discharge of Supervisory Board  For       For          Management
      for Fiscal 2009/2010
5     Approve Remuneration System for         For       Against      Management
      Management Board Members
6a    Elect Karen Heumann to the Supervisory  For       For          Management
      Board
6b    Elect Michael Hinderer to the           For       For          Management
      Supervisory Board
6c    Elect August Oetker to the Supervisory  For       Against      Management
      Board
6d    Elect Ernst Schroeder to the            For       Against      Management
      Supervisory Board
6e    Elect Claus-Matthias Boege to the       For       For          Management
      Supervisory Board
7     Ratify Susat & Partner oHG as Auditors  For       For          Management
      for Fiscal 2010/2011


--------------------------------------------------------------------------------

ELRINGKLINGER AG

Ticker:       ZIL2           Security ID:  D2462K108
Meeting Date: MAY 31, 2011   Meeting Type: Annual
Record Date:

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Receive Financial Statements and        None      None         Management
      Statutory Reports for Fiscal 2010
      (Non-Voting)
2     Approve Allocation of Income and        For       For          Management
      Dividends of EUR 0.35 per Share
3     Approve Discharge of Management Board   For       For          Management
      for Fiscal 2010
4     Approve Discharge of Supervisory Board  For       For          Management
      for Fiscal 2010
5     Ratify PricewaterhouseCoopers AG as     For       For          Management
      Auditors for Fiscal 2011
6     Elect Margarete Haase to the            For       For          Management
      Supervisory Board
7     Amend Articles Re: Remuneration of      For       For          Management
      Supervisory Board


--------------------------------------------------------------------------------

EUROPEAN AERONAUTIC DEFENCE AND SPACE COMPANY EADS NV

Ticker:       EAD            Security ID:  F17114103
Meeting Date: MAY 26, 2011   Meeting Type: Annual
Record Date:  APR 28, 2011

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Open Meeting and General Introductory   None      None         Management
      Statements
2.1   Discussion on Company's Corporate       None      None         Management
      Governance Structure
2.2   Receive Explanation on Company's        None      None         Management
      Reserves and Dividend Policy
2.3   Receive Financial Statements and Report None      None         Management
      on the Business
3     Discussion of Agenda Items              None      None         Management
4.1   Approve Financial Statements and        For       For          Management
      Statutory Reports
4.2   Approve Allocation of Income and        For       For          Management
      Dividend of EUR 0.22 per Share
4.3   Approve Discharge of Board of Directors For       For          Management
4.4   Ratify Ernst & Young Accountants LLP as For       For          Management
      Co-Auditors
4.5   Ratify KPMG Accountants as Co-Auditors  For       For          Management
4.6   Amend Articles                          For       For          Management
4.7   Approve Remuneration of Executive and   For       For          Management
      Non-Executive Directors
4.8   Grant Board Authority to Issue Shares   For       For          Management
      Up To 0.15 Percent of Authorized
      Capital and Excluding Preemptive Rights
4.9   Approve Cancellation of Repurchased     For       For          Management
      Shares
4.10  Authorize Repurchase of Up to 10        For       For          Management
      Percent of Issued Share Capital
5     Close Meeting                           None      None         Management


--------------------------------------------------------------------------------

FIELMANN AG

Ticker:       FIE            Security ID:  D2617N114
Meeting Date: JUL 08, 2010   Meeting Type: Annual
Record Date:  JUN 17, 2010

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Receive Financial Statements and        None      None         Management
      Statutory Reports for Fiscal 2009
      (Non-Voting)
2     Approve Allocation of Income and        For       For          Management
      Dividends of EUR 2 per Share
3     Approve Discharge of Management Board   For       For          Management
      for Fiscal 2009
4     Approve Discharge of Supervisory Board  For       For          Management
      for Fiscal 2009
5     Approve Increase in Size of Supervisory For       For          Management
      Board to 16 Members
6     Elect Mark Binz, Anton-Wolfgang von     For       Against      Management
      Faber-Castell, Hans-Georg Frey, Joachim
      Oltersdorf, Marie-Christine Ostermann,
      Hans-Joachim Priester, Pier Righi, and
      Stefan Wolf as Supervisory Board
      Members (Bundled)
7     Approve Remuneration of Supervisory     For       For          Management
      Board
8     Ratify Susat & Partner as Auditors for  For       For          Management
      Fiscal 2010
9     Amend Articles Re: Convocation of,      For       For          Management
      Registration for, Voting Rights
      Representation at, Audio/Video
      Transmission of General Meeting due to
      New German Legislation (Transposition
      of EU Shareholder's Rights Directive)


--------------------------------------------------------------------------------

FRAPORT AG FRANKFURT AIRPORT SERVICES WORLDWIDE

Ticker:       FRA            Security ID:  D3856U108
Meeting Date: JUN 01, 2011   Meeting Type: Annual
Record Date:  MAY 10, 2011

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Receive Financial Statements and        None      None         Management
      Statutory Reports for Fiscal 2010
      (Non-Voting)
2     Approve Allocation of Income and        For       For          Management
      Dividends of EUR 1.25 per Share
3     Approve Discharge of Management Board   For       For          Management
      for Fiscal 2010
4     Approve Discharge of Supervisory Board  For       For          Management
      for Fiscal 2010
5     Ratify KPMG as Auditors for Fiscal 2011 For       For          Management
6.1   Elect Margarete Haase to the            For       For          Management
      Supervisory Board
6.2   Elect Stefan Lauer to the Supervisory   For       For          Management
      Board
6.3   Elect Klaus-Dieter Scheurle to the      For       Against      Management
      Supervisory Board
7     Amend Articles Re: Postal Voting        For       For          Management


--------------------------------------------------------------------------------

FREENET AG

Ticker:       FNTN           Security ID:  D3689Q134
Meeting Date: JUL 06, 2010   Meeting Type: Annual
Record Date:

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Receive Financial Statements and        None      None         Management
      Statutory Reports for Fiscal
      2009(Non-Voting)
2     Approve Allocation of Income and        For       For          Management
      Dividends of EUR 0.20 per Share
3     Approve Discharge of Management Board   For       For          Management
      for Fiscal 2009
4     Approve Discharge of Supervisory Board  For       For          Management
      for Fiscal 2009
5     Ratify PricewaterhouseCoopers AG as     For       For          Management
      Auditors for Fiscal 2010
6     Approve Remuneration System for         For       Against      Management
      Management Board Members
7     Authorize Share Repurchase Program and  For       For          Management
      Reissuance or Cancellation of
      Repurchased Shares
8     Authorize Use of Financial Derivatives  For       For          Management
      when Repurchasing Shares
9     Amend Articles Re: Convocation of,      For       For          Management
      Registration for, Participation in,
      Video/Audio Transmission of, Electronic
      Voting at General Meeting due to New
      German Legislation (Transposition of EU
      Shareholder's Rights Directive)


--------------------------------------------------------------------------------

GEA GROUP AG

Ticker:       G1A            Security ID:  D28304109
Meeting Date: APR 21, 2011   Meeting Type: Annual
Record Date:  MAR 31, 2011

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Receive Financial Statements and        None      None         Management
      Statutory Reports for Fiscal 2010
      (Non-Voting)
2     Approve Allocation of Income and        For       For          Management
      Dividends of EUR 0.40 per Share
3     Approve Discharge of Management Board   For       For          Management
      for Fiscal 2010
4     Approve Discharge of Supervisory Board  For       For          Management
      for Fiscal 2010
5     Ratify KPMG AG as Auditors for Fiscal   For       For          Management
      2011
6     Approve Remuneration System for         For       Against      Management
      Management Board Members
7.1   Reelect Juergen Heraeus to the          For       For          Management
      Supervisory Board
7.2   Reelect Dieter Ammer to the Supervisory For       For          Management
      Board
7.3   Reelect Ahmad Bastaki to the            For       For          Management
      Supervisory Board
7.4   Reelect Hartmut Eberlein to the         For       For          Management
      Supervisory Board
7.5   Reelect Helmut Perlet to the            For       For          Management
      Supervisory Board
7.6   Elect Jean Spence to the Supervisory    For       For          Management
      Board
8     Approve Spin-Off and Takeover Agreement For       For          Management
      with GEA Heat Exchangers GmbH
9     Change Location of Registered Office    For       For          Management
      Headquarters to Duesseldorf, Germany
10    Approve Increase in Remuneration of     For       For          Management
      Supervisory Board


--------------------------------------------------------------------------------

GILDEMEISTER AG

Ticker:       GIL            Security ID:  D2825P117
Meeting Date: MAY 13, 2011   Meeting Type: Annual
Record Date:  APR 22, 2011

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Receive Financial Statements and        None      None         Management
      Statutory Reports for Fiscal 2010
      (Non-Voting)
2     Approve Allocation of Income and        For       For          Management
      Omission Dividends
3     Approve Discharge of Management Board   For       For          Management
      for Fiscal 2010
4     Approve Discharge of Supervisory Board  For       For          Management
      for Fiscal 2010
5     Ratify KPMG AG as Auditors for Fiscal   For       For          Management
      2011


--------------------------------------------------------------------------------

HANNOVER RUECKVERSICHERUNG AG

Ticker:       HNR1           Security ID:  D3015J135
Meeting Date: MAY 03, 2011   Meeting Type: Annual
Record Date:

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Receive Financial Statements and        None      None         Management
      Statutory Reports for Fiscal 2010
      (Non-Voting)
2     Approve Allocation of Income and        For       For          Management
      Dividends of EUR 2.30 per Share
3     Approve Discharge of Management Board   For       For          Management
      for Fiscal 2010
4     Approve Discharge of Supervisory Board  For       For          Management
      for Fiscal 2010
5     Amend Articles Re: Electronic and       For       For          Management
      Postal Voting
6     Approve Remuneration of Supervisory     For       For          Management
      Board
7     Elect Andrea Pollak to the Supervisory  For       For          Management
      Board
8     Approve Issuance of Warrants/Bonds with For       Against      Management
      Warrants Attached/Convertible Bonds
      with Partial Exclusion of Preemptive
      Rights up to Aggregate Nominal Amount
      of EUR 500 Million
9     Approve Issuance of Participation Bonds For       Against      Management
      with Warrants Attached/Convertible
      Bonds with Partial Exclusion of
      Preemptive Rights up to Aggregate
      Nominal Amount of EUR 500 Million
10    Approve Issuance of Participation       For       Against      Management
      Rights with Warrants
      Attached/Convertible Bonds with Partial
      Exclusion of Preemptive Rights up to
      Aggregate Nominal Amount of EUR 500
      Million
11    Approve Creation of EUR 60.3 Million    For       Against      Management
      Pool of Capital to Guarantee Conversion
      Rights
12    Approve Amendments to Affiliation       For       For          Management
      Agreement with Hannover Life Re AG


--------------------------------------------------------------------------------

HOCHTIEF AG

Ticker:       HOT            Security ID:  D33134103
Meeting Date: MAY 12, 2011   Meeting Type: Annual
Record Date:  APR 21, 2011

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Receive Financial Statements and        None      None         Management
      Statutory Reports for Fiscal 2010
      (Non-Voting)
2     Approve Allocation of Income and        For       For          Management
      Dividends of EUR 2.00 per Share
3     Approve Discharge of Management Board   For       For          Management
      for Fiscal 2010
4     Approve Discharge of Supervisory Board  For       For          Management
      for Fiscal 2010
5     Approve Remuneration System for         For       For          Management
      Management Board Members
6     Ratify Deloitte & Touche GmbH as        For       For          Management
      Auditors for Fiscal 2011
7     Authorize Share Repurchase Program and  For       For          Management
      Reissuance or Cancellation of
      Repurchased Shares
8     Approve Issuance of Warrants/Bonds with For       For          Management
      Warrants Attached/Convertible Bonds
      without Preemptive Rights up to
      Aggregate Nominal Amount of EUR 1
      Billion; Approve Creation of EUR 42.9
      Million Pool of Capital to Guarantee
      Conversion Rights
9     Approve Creation of EUR 23.3 Million    For       For          Management
      Pool of Capital with Partial Exclusion
      of Preemptive Rights
10a   Elect Yousuf Al Hammadi to the          For       Against      Management
      Supervisory Board
10b   Elect angel Altozano to the Supervisory For       Against      Management
      Board
10c   Elect Detlef Bremkamp to the            For       Against      Management
      Supervisory Board
10d   Elect Hans-Peter Keitel to the          For       Against      Management
      Supervisory Board
10e   Elect Heinrich v. Pierer to the         For       For          Management
      Supervisory Board
10f   Elect Wilhelm Simson to the Supervisory For       For          Management
      Board
10g   Elect Marcelino Fernandez to the        For       Against      Management
      Supervisory Board
10h   Elect Manfred Wennemer to the           For       For          Management
      Supervisory Board


--------------------------------------------------------------------------------

KLOECKNER & CO SE

Ticker:       KCO            Security ID:  D40376101
Meeting Date: MAY 20, 2011   Meeting Type: Annual
Record Date:

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Receive Financial Statements and        None      None         Management
      Statutory Reports for Fiscal 2010
      (Non-Voting)
2     Approve Allocation of Income and        For       For          Management
      Dividends of EUR 0.30 per Share
3     Approve Discharge of Management Board   For       For          Management
      for Fiscal 2010
4     Approve Discharge of Supervisory Board  For       For          Management
      for Fiscal 2010
5a    Reelect Michael Rogowski to the         For       For          Management
      Supervisory Board
5b    Elect Hauke Stars to the Supervisory    For       For          Management
      Board
5c    Reelect Dieter Vogel to the Supervisory For       For          Management
      Board
6     Ratify KPMG AG as Auditors for Fiscal   For       For          Management
      2011
7     Approve Issuance of Warrants/Bonds with For       For          Management
      Warrants Attached/Convertible Bonds
      with Partial Exclusion of Preemptive
      Rights up to Aggregate Nominal Amount
      of EUR 750 Million
8     Approve Creation of EUR 33.3 Million    For       For          Management
      Pool of Capital with Partial Exclusion
      of Preemptive Rights
9     Approve Amendment to Share Issuance     For       For          Management
      Authorization Adopted at 2010 AGM
10    Approve Remuneration System for         For       For          Management
      Management Board Members


--------------------------------------------------------------------------------

LANXESS AG

Ticker:       LXS            Security ID:  D5032B102
Meeting Date: MAY 18, 2011   Meeting Type: Annual
Record Date:  APR 27, 2011

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Receive Financial Statements and        None      None         Management
      Statutory Reports for Fiscal 2010
      (Non-Voting)
2     Approve Allocation of Income and        For       For          Management
      Dividends of EUR 0.70 per Share
3     Approve Discharge of Management Board   For       For          Management
      for Fiscal 2010
4     Approve Discharge of Supervisory Board  For       For          Management
      for Fiscal 2010
5     Ratify PricewaterhouseCoopers AG as     For       For          Management
      Auditors for Fiscal 2011
6     Authorize Share Repurchase Program and  For       For          Management
      Reissuance or Cancellation of
      Repurchased Shares
7     Approve Issuance of Warrants/Bonds with For       For          Management
      Warrants Attached/Convertible Bonds
      with Partial Exclusion of Preemptive
      Rights up to Aggregate Nominal Amount
      of EUR 2 Billion; Approve Creation of
      EUR 16.6 Million Pool of Capital to
      Guarantee Conversion Rights
8     Amend Articles Re: Remuneration of      For       For          Management
      Supervisory Board


--------------------------------------------------------------------------------

LOEWE AG

Ticker:       LOE            Security ID:  D5056G128
Meeting Date: MAY 26, 2011   Meeting Type: Annual
Record Date:  MAY 04, 2011

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Receive Financial Statements and        None      None         Management
      Statutory Reports for Fiscal 2010
      (Non-Voting)
2     Approve Allocation of Income and        For       For          Management
      Omission of Dividends
3     Approve Discharge of Management Board   For       For          Management
      for Fiscal 2010
4     Approve Discharge of Supervisory Board  For       For          Management
      for Fiscal 2010
5     Ratify Abstoss & Wolters OHG as         For       For          Management
      Auditors for Fiscal 2011
6     Approve Remuneration System for         For       Against      Management
      Management Board Members
7.1   Elect Axel Berger to the Supervisory    For       For          Management
      Board
7.2   Elect Rainer Hecker to the Supervisory  For       For          Management
      Board
7.3   Elect Gerhard Heinrich to the           For       For          Management
      Supervisory Board
7.4   Elect Soenke Mehrgardt to the           For       For          Management
      Supervisory Board
7.5   Elect Dorothee Ritz to the Supervisory  For       For          Management
      Board
7.6   Elect Michael Witzel to the Supervisory For       For          Management
      Board


--------------------------------------------------------------------------------

M.A.X. AUTOMATION AG

Ticker:       MXH            Security ID:  D5283Q105
Meeting Date: JUN 20, 2011   Meeting Type: Annual
Record Date:  MAY 27, 2011

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Receive Financial Statements and        None      None         Management
      Statutory Reports for Fiscal 2010
      (Non-Voting)
2     Approve Allocation of Income and        For       For          Management
      Dividends of EUR 0.10 per Share
3     Approve Discharge of Management Board   For       For          Management
      for Fiscal 2010
4     Approve Discharge of Supervisory Board  For       For          Management
      for Fiscal 2010
5     Approve Remuneration System for         For       Against      Management
      Management Board Members
6     Authorize Issuance of Investment        For       For          Management
      Certificates up to Aggregate Nominal
      Value of EUR 25 Million
7     Elect Frank Stangenberg-Haverkamp to    For       For          Management
      the Supervisory Board
8     Ratify Ebner Stolz Moenning Bachem GmbH For       For          Management
      & Co. KG as Auditors for Fiscal 2011


--------------------------------------------------------------------------------

MTU AERO ENGINES HOLDING AG

Ticker:       MTX            Security ID:  D5565H104
Meeting Date: MAY 05, 2011   Meeting Type: Annual
Record Date:

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Receive Financial Statements and        None      None         Management
      Statutory Reports for Fiscal 2010
      (Non-Voting)
2     Approve Allocation of Income and        For       For          Management
      Dividends of EUR 1.10 per Share
3     Approve Discharge of Management Board   For       For          Management
      for Fiscal 2010
4     Approve Discharge of Supervisory Board  For       For          Management
      for Fiscal 2010
5     Ratify Deloitte & Touche as Auditors    For       For          Management
      for Fiscal 2011
6     Approve Creation of EUR 15.6 Million    For       For          Management
      Pool of Capital with Preemptive Rights
7     Approve Creation of EUR 5.2 Million     For       For          Management
      Pool of Capital without Preemptive
      Rights


--------------------------------------------------------------------------------

PFEIFFER VACUUM TECHNOLOGY AG

Ticker:       PFV            Security ID:  D6058X101
Meeting Date: MAY 26, 2011   Meeting Type: Annual
Record Date:  MAY 04, 2011

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Receive Financial Statements and        None      None         Management
      Statutory Reports for Fiscal 2010
      (Non-Voting)
2     Approve Allocation of Income and        For       For          Management
      Dividends of EUR 2.90 per Share
3     Approve Discharge of Management Board   For       For          Management
      for Fiscal 2010
4     Approve Discharge of Supervisory Board  For       For          Management
      for Fiscal 2010
5     Ratify Ernst & Young as Auditors for    For       For          Management
      Fiscal 2011
6     Approve Remuneration System for         For       Against      Management
      Management Board Members
7     Amend Articles Re: Remuneration of      For       For          Management
      Supervisory Board
8     Approve Creation of EUR 12.6 Million    For       For          Management
      Pool of Capital with Partial Exclusion
      of Preemptive Rights
9.1   Reelect Michael Oltmanns to the         For       For          Management
      Supervisory Board
9.2   Reelect Goetz Timmerbeil to the         For       For          Management
      Supervisory Board
9.3   Reelect Wilfried Glaum to the           For       For          Management
      Supervisory Board
9.4   Reelect Wolfgang Lust to the            For       For          Management
      Supervisory Board


--------------------------------------------------------------------------------

PSI AG

Ticker:       PSAN           Security ID:  D6230L173
Meeting Date: APR 29, 2011   Meeting Type: Annual
Record Date:  APR 15, 2011

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Receive Financial Statements and        None      None         Management
      Statutory Reports for Fiscal 2010
      (Non-Voting)
2     Approve Allocation of Income and        For       For          Management
      Dividends of EUR 0.23 per Share
3     Approve Discharge of Management Board   For       For          Management
      for Fiscal 2010
4     Approve Discharge of Supervisory Board  For       For          Management
      for Fiscal 2010
5     Ratify Ernst & Young GmbH as Auditors   For       For          Management
      for Fiscal 2011
6a    Reelect Rolf Windmoeller to the         For       For          Management
      Supervisory Board
6b    Reelect Wilfried Goetze to the          For       For          Management
      Supervisory Board
6c    Reelect Bernd Haus to the Supervisory   For       For          Management
      Board
6d    Elect Karsten Trippel to the            For       For          Management
      Supervisory Board
7     Approve Remuneration of Supervisory     For       For          Management
      Board


--------------------------------------------------------------------------------

PUMA AG RUDOLF DASSLER SPORT

Ticker:       PUM            Security ID:  D62318148
Meeting Date: APR 14, 2011   Meeting Type: Annual
Record Date:  MAR 24, 2011

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Receive Financial Statements and        None      None         Management
      Statutory Reports for Fiscal 2010
      (Non-Voting)
2     Approve Allocation of Income and        For       For          Management
      Dividends of EUR 1.80 per Share
3     Approve Discharge of Management Board   For       For          Management
      for Fiscal 2010
4     Approve Discharge of Supervisory Board  For       For          Management
      for Fiscal 2010
5     Ratify PricewaterhouseCoopers as        For       For          Management
      Auditors for Fiscal 2011
6     Approve Change of Corporate form to     For       For          Management
      Societas Europaea (SE)


--------------------------------------------------------------------------------

QIAGEN NV

Ticker:       QIA            Security ID:  N72482107
Meeting Date: JUN 30, 2011   Meeting Type: Annual
Record Date:  JUN 02, 2011

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Open Meeting                            None      None         Management
2     Receive Report of Management Board      None      None         Management
      (Non-Voting)
3     Receive Report of Supervisory Board     None      None         Management
      (Non-Voting)
4     Adopt Financial Statements              For       For          Management
5     Receive Explanation on Company's        None      None         Management
      Reserves and Dividend Policy
6     Approve Discharge of Management Board   For       For          Management
7     Approve Discharge of Supervisory Board  For       For          Management
8a    Reelect Detlev Riesner to Supervisory   For       For          Management
      Board
8b    Reelect Werner Brandt to Supervisory    For       For          Management
      Board
8c    Reelect Metin Colpan to Supervisory     For       For          Management
      Board
8d    Reelect Erik Hornnaess to Supervisory   For       For          Management
      Board
8e    Reelect Vera Kallmeyer to Supervisory   For       For          Management
      Board
8f    Reelect Manfred Karobath to Supervisory For       For          Management
      Board
8g    Reelect Heino von Prondzynski to        For       For          Management
      Supervisory Board
8h    Reelect Elizabeth E. Tallett to         For       For          Management
      Supervisory Board
9a    Reelect Peer Schatz to Executive Board  For       For          Management
9b    Reelect Roland Sackers to Executive     For       For          Management
      Board
9c    Reelect Joachim Schorr to Executive     For       For          Management
      Board
9d    Reelect Bernd Uder to Executive Board   For       For          Management
10    Ratify Ernst and Young as Auditors      For       For          Management
11    Authorize Repurchase of Up to 10        For       For          Management
      Percent of Issued Share Capital
12    Amend Articles Re: Legislative Changes  For       For          Management
13    Allow Questions                         None      None         Management
14    Close Meeting                           None      None         Management


--------------------------------------------------------------------------------

RHEINMETALL AG

Ticker:       RHM            Security ID:  D65111102
Meeting Date: MAY 10, 2011   Meeting Type: Annual
Record Date:  APR 19, 2011

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Receive Financial Statements and        None      None         Management
      Statutory Reports for Fiscal 2010
      (Non-Voting)
2     Approve Allocation of Income and        For       For          Management
      Dividends of EUR 1.50 per Share
3     Approve Discharge of Management Board   For       For          Management
      for Fiscal 2010
4     Approve Discharge of Supervisory Board  For       For          Management
      for Fiscal 2010
5     Approve Remuneration System for         For       For          Management
      Management Board Members
6a    Elect Detlef Moog to the Supervisory    For       For          Management
      Board
6b    Elect Toni Wicki to the Supervisory     For       For          Management
      Board
7     Ratify PricewaterhouseCoopers as        For       For          Management
      Auditors for Fiscal 2011


--------------------------------------------------------------------------------

SALZGITTER AG

Ticker:       SZG            Security ID:  D80900109
Meeting Date: MAY 26, 2011   Meeting Type: Annual
Record Date:  MAY 04, 2011

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Receive Financial Statements and        None      None         Management
      Statutory Reports for Fiscal 2010
      (Non-Voting)
2     Approve Allocation of Income and        For       For          Management
      Dividends of EUR 0.32 per Share
3     Approve Discharge of Management Board   For       Against      Management
      for Fiscal 2010
4     Approve Discharge of Supervisory Board  For       Against      Management
      for Fiscal 2010
5     Elect Hartmut Moellring to the          For       For          Management
      Supervisory Board
6     Ratify PricewaterhouseCoopers AG as     For       For          Management
      Auditors for Fiscal 2011


--------------------------------------------------------------------------------

SGL CARBON SE

Ticker:       SGL            Security ID:  D6949M108
Meeting Date: MAY 03, 2011   Meeting Type: Annual
Record Date:  APR 12, 2011

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Receive Financial Statements and        None      None         Management
      Statutory Reports for Fiscal 2010
      (Non-Voting)
2     Approve Allocation of Income and        For       For          Management
      Omission of Dividends
3     Approve Discharge of Management Board   For       For          Management
      for Fiscal 2010
4     Approve Discharge of Supervisory Board  For       For          Management
      for Fiscal 2010
5     Ratify Ernst & Young GmbH as Auditors   For       For          Management
      for Fiscal 2011
6     Elect Edwin Eichler to the Supervisory  For       For          Management
      Board
7     Approve Creation of EUR 5.1 Million     For       For          Management
      Pool of Capital for Employee Stock
      Purchase Plan
8     Amend Articles Re: Individual Share     For       For          Management
      Certificates; Remuneration for Members
      of the Strategy and Technology
      Committee of the Supervisory Board


--------------------------------------------------------------------------------

SOFTWARE AG

Ticker:       SOW            Security ID:  D7045M133
Meeting Date: MAY 05, 2011   Meeting Type: Annual
Record Date:  APR 14, 2011

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Receive Financial Statements and        None      None         Management
      Statutory Reports for Fiscal 2010
      (Non-Voting)
2     Approve Allocation of Income and        For       For          Management
      Dividends of EUR 1.30 per Share
3     Approve Discharge of Management Board   For       For          Management
      for Fiscal 2010
4     Approve Discharge of Supervisory Board  For       For          Management
      for Fiscal 2010
5     Ratify BDO AG as Auditors for Fiscal    For       For          Management
      2011
6     Approve Cancellation of Capital         For       For          Management
      Authorization
7     Approve 1:3 Stock Split                 For       For          Management
8     Approve Creation of EUR 43.1 Million    For       For          Management
      Pool of Capital with Partial Exclusion
      of Preemptive Rights
9     Approve Spin-Off and Takeover Agreement For       For          Management
      with IDS Scheer Consulting GmbH


--------------------------------------------------------------------------------

SOLARWORLD AG

Ticker:       SWV            Security ID:  D7045Y103
Meeting Date: MAY 24, 2011   Meeting Type: Annual
Record Date:  MAY 03, 2011

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Receive Financial Statements and        None      None         Management
      Statutory Reports for Fiscal 2010
      (Non-Voting)
2     Approve Allocation of Income and        For       For          Management
      Dividends of EUR 0.19 per Share
3     Approve Discharge of Management Board   For       Against      Management
      for Fiscal 2010
4     Approve Discharge of Supervisory Board  For       Against      Management
      for Fiscal 2010
5     Approve Remuneration of Supervisory     For       For          Management
      Board in the Amount of EUR X
6     Ratify BDO AG as Auditors for Fiscal    For       For          Management
      2011
7     Amend Affiliation Agreements with       For       For          Management
      Deutsche Solar GmbH and Sunicon GmbH
8     Approve Affiliation Agreements with     For       For          Management
      SolarWorld Solicium GmbH


--------------------------------------------------------------------------------

SYMRISE AG

Ticker:       SY1            Security ID:  D827A1108
Meeting Date: MAY 18, 2011   Meeting Type: Annual
Record Date:  APR 27, 2011

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Receive Financial Statements and        None      None         Management
      Statutory Reports for Fiscal 2010
      (Non-Voting)
2     Approve Allocation of Income and        For       For          Management
      Dividends of EUR 0.60 per Share
3     Approve Discharge of Management Board   For       For          Management
      for Fiscal 2010
4     Approve Discharge of Supervisory Board  For       For          Management
      for Fiscal 2010
5     Ratify KPMG AG as Auditors for Fiscal   For       For          Management
      2011
6a    Elect Michael Becker to the Supervisory For       For          Management
      Board
6b    Elect Horst-Otto Gerberding to the      For       For          Management
      Supervisory Board
6c    Elect Peter Grafoner to the Supervisory For       For          Management
      Board
6d    Elect Hans-Heinrich Guertler to the     For       For          Management
      Supervisory Board
6e    Elect Andrea Pfeifer to the Supervisory For       For          Management
      Board
6f    Elect Thomas Rabe to the Supervisory    For       For          Management
      Board
7     Approve Creation of EUR 23 Million Pool For       For          Management
      of Capital without Preemptive Rights
8     Approve Remuneration System for         For       For          Management
      Management Board Members


--------------------------------------------------------------------------------

TOGNUM AG

Ticker:       TGM            Security ID:  D836B5109
Meeting Date: MAY 11, 2011   Meeting Type: Annual
Record Date:  APR 20, 2011

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Receive Financial Statements and        None      None         Management
      Statutory Reports for Fiscal 2010
      (Non-Voting)
2     Approve Allocation of Income and        For       For          Management
      Dividends of EUR 0.50 per Share
3     Approve Discharge of Management Board   For       For          Management
      for Fiscal 2010
4     Approve Discharge of Supervisory Board  For       For          Management
      for Fiscal 2010
5     Ratify PricewaterhouseCoopers as        For       For          Management
      Auditors for Fiscal 2011
6     Approve Remuneration System for         For       For          Management
      Management Board Members


--------------------------------------------------------------------------------

TOM TAILOR HOLDING AG

Ticker:       TTI            Security ID:  D83837100
Meeting Date: MAY 18, 2011   Meeting Type: Annual
Record Date:

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Receive Financial Statements and        None      None         Management
      Statutory Reports for Fiscal 2010
      (Non-Voting)
2     Approve Discharge of Management Board   For       For          Management
      for Fiscal 2010
3     Approve Discharge of Supervisory Board  For       For          Management
      for Fiscal 2010
4     Ratify Ebner Stolz Moenning Bachem GmbH For       For          Management
      & Co. KG as Auditors for Fiscal 2011


--------------------------------------------------------------------------------

UNITED INTERNET AG

Ticker:       UTDI           Security ID:  D8542B125
Meeting Date: MAY 26, 2011   Meeting Type: Annual
Record Date:

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Receive Financial Statements and        None      None         Management
      Statutory Reports for Fiscal 2010
      (Non-Voting)
2     Approve Allocation of Income and        For       For          Management
      Dividends of EUR 0.20 per Share
3     Approve Discharge of Management Board   For       For          Management
      for Fiscal 2010
4     Approve Discharge of Supervisory Board  For       For          Management
      for Fiscal 2010
5     Ratify Ernst & Young GmbH as Auditors   For       For          Management
      for Fiscal 2011 and for the Inspection
      of the Interim Reports for 2011
6     Authorize Share Repurchase Program and  For       For          Management
      Reissuance or Cancellation of
      Repurchased Shares
7     Authorize Use of Financial Derivatives  For       For          Management
      when Repurchasing Shares
8     Approve Creation of EUR 112.5 Million   For       Against      Management
      Pool of Capital without Preemptive
      Rights


--------------------------------------------------------------------------------

WACKER CHEMIE AG

Ticker:       WCH            Security ID:  D9540Z106
Meeting Date: MAY 18, 2011   Meeting Type: Annual
Record Date:  APR 27, 2011

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Receive Financial Statements and        None      None         Management
      Statutory Reports for Fiscal 2010
      (Non-Voting)
2     Approve Allocation of Income and        For       For          Management
      Dividends of EUR 3.20 per Share
3     Approve Discharge of Management Board   For       For          Management
      for Fiscal 2010
4     Approve Discharge of Supervisory Board  For       For          Management
      for Fiscal 2010
5     Ratify KMPG as Auditors for Fiscal 2011 For       For          Management
6     Approve Affiliation Agreement with      For       For          Management
      Wacker-Chemie Achte Venture GmbH
7     Amend Articles Re: Remuneration of      For       For          Management
      Supervisory Board


--------------------------------------------------------------------------------

WINCOR NIXDORF AG

Ticker:       WIN            Security ID:  D9695J105
Meeting Date: JAN 24, 2011   Meeting Type: Annual
Record Date:  JAN 03, 2011

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Receive Financial Statements and        None      None         Management
      Statutory Reports for Fiscal 2009/2010
      (Non-Voting)
2     Approve Allocation of Income and        For       For          Management
      Dividends of EUR 1.70 per Share
3     Approve Discharge of Management Board   For       For          Management
      for Fiscal 2009/2010
4     Approve Discharge of Supervisory Board  For       For          Management
      for Fiscal 2009/2010
5     Ratify KPMG AG as Auditors for Fiscal   For       For          Management
      2010/2011
6a    Reelect Alexander Dibelius to the       For       For          Management
      Supervisory Board
6b    Elect Hans-Ulrich Holdenried to the     For       For          Management
      Supervisory Board
7     Authorize Share Repurchase Program and  For       For          Management
      Reissuance or Cancellation of
      Repurchased Shares
8     Authorize Use of Financial Derivatives  For       For          Management
      when Repurchasing Shares

========== END NPX REPORT

 
 

 


 
SIGNATURES
 
 
Pursuant to the requirements of the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
 
(Registrant)                      The New Germany Fund, Inc.
 

 
By (Signature and Title)  /s/W. Douglas Beck
W. Douglas Beck, Chief Executive Officer and President
 
Date  8/18/11