The Central and Eastern Europe Fund Inc is a closed ended equity mutual fund launched by Deutsche Investment Management Americas Inc The fund is managed by Deutsche Asset Management International GmbH It invests in the public equity markets across Central and Eastern Europe The fund seeks to invest in stocks of companies operating across diversified sectors It benchmarks the performance of its portfolio against the CECE RTX and ISE National 30 The fund was formerly known as The Central Europe And Russia Fund Inc The Central and Eastern Europe Fund Inc was formed on March 6 1990 and is domiciled in the United States