New investment products are being designed and other existing products are being revamped in response to the introduction of the euro.

The Emerging Germany Fund plans to ask shareholders this month to approve a series of changes which would convert the fund from a closed-end single country fund to an open-end pan-European fund. And last month State Street Global Advisors received permission from the SEC to convert an existing Deutsche mark-denominated money market fund into a euro-denominated fund.

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