PHILADELPHIA, July 24, 2017 /PRNewswire/ -- Aberdeen
Indonesia Fund, Inc. (the "Fund") (NYSE MKT: IF), a closed-end
equity fund, announced today its performance data and portfolio
composition as of June 30, 2017.
The Fund's total returns for various periods through
June 30, 2017 are provided below.
(All figures are based on distributions reinvested at the dividend
reinvestment price and are stated net-of-fees):
|
Cumulative as of
06/30/17
|
Annualized as of
06/30/17
|
|
1
Month
|
3
Month
|
YTD
|
1
Year
|
3
Years
|
5
Years
|
10
Years
|
Since
Inception
|
NAV
|
1.2
|
4.4
|
12.2
|
14.4
|
-4.2
|
-1.5
|
5.1
|
1.3
|
Market
Price
|
3.5
|
5.7
|
19.7
|
23.9
|
-3.6
|
-1.5
|
4.4
|
0.9
|
MSCI
Indonesia
|
2.6
|
8.8
|
16.5
|
17.7
|
4.9
|
3.3
|
8.3
|
n/a¹
|
¹ There is no since
inception figure for the MSCI Indonesia Index because the inception
date of the Index is January 1, 2001.
|
On June 30, 2017, the Fund's net
assets amounted to US$77.3 million
and the Fund's NAV per share was US$8.35.
As of June 30, 2017, the portfolio
was invested as follows:
Portfolio
Composition
|
Percent
of
Net Assets
|
Consumer
Staples
|
28.9
|
Consumer
Discretionary
|
20.8
|
Financials
|
17.6
|
Telecommunications
|
8.1
|
Materials
|
6.6
|
Health
Care
|
6.1
|
Industrials
|
5.2
|
Energy
|
5.1
|
Cash
|
1.7
|
The Fund's ten largest equity holdings as of June 30, 2017, representing 53.4% of net assets,
were:
Stock
|
Percent
of
Net
Assets
|
Jardine Cycle and
Carriage
|
7.9
|
Bank Central Asia TBK
PT
|
7.8
|
MP Evans Group
PLC
|
6.9
|
Bank OCBC
Nisp
|
5.4
|
Unilever
Indonesia
|
5.1
|
Indocement Tunggal
Prakarsa
|
4.3
|
Telekomunikasi
Indonesia
|
4.1
|
Astra
International
|
4.0
|
XL Axiata TBK
PT
|
4.0
|
AKR
Corporindo
|
3.9
|
Important Information
Aberdeen Asset Management Inc.
has prepared this report based on information sources believed to
be accurate and reliable. However, the figures are unaudited and
neither the Fund, Aberdeen Asset Management Asia Limited (the
Investment Adviser), nor any other person guarantees their
accuracy. Investors should seek their own professional advice
and should consider the investment objectives, risks, charges and
expenses before acting on this information.
Aberdeen Asset Management Asia Limited (the "Investment
Adviser") and Aberdeen Asset Management Inc. (the "Administrator")
are each a subsidiary of Aberdeen Asset Management PLC ("Aberdeen
PLC"). On March 6, 2017, the
Boards of Standard Life plc and Aberdeen PLC announced that they
had reached an agreement on the terms of a merger ("Merger"). The
Boards of each of Standard Life plc and Aberdeen PLC believe that
the Merger has a compelling strategic and financial rationale
through combining complementary strengths to create a world-class
investment group. The Merger is expected to occur in the third
quarter of 2017, subject to various conditions and terms, including
regulatory approvals. The portfolio management team for the Fund is
not expected to change as a result of the Merger. In addition, the
agreements that the Fund has with Aberdeen PLC's subsidiary
companies, the services provided by such companies, and the fees
charged for those services are not expected to change as a result
of the Merger.
Closed-end funds are traded on the secondary market through one
of the stock exchanges. The Fund's investment return and principal
value will fluctuate so that an investor's shares may be worth more
or less than the original cost. Shares of closed-end funds may
trade above (a premium) or below (a discount) the net asset value
(NAV) of the fund's portfolio. There is no assurance that the Fund
will achieve its investment objective.
Total return figures with distributions reinvested at the
dividend reinvestment price are stated net-of-fees and represents
past performance. Past performance is not indicative of future
results, current performance may be higher or lower. Holdings are
subject to change and are provided for informational purposes only
and should not be deemed as a recommendation to buy or sell the
securities shown. Inception date March
9, 1990.
If you wish to receive this information
electronically, please contact:
InvestorRelations@aberdeen-asset.com
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SOURCE Aberdeen Indonesia Fund, Inc.