PHILADELPHIA, Aug. 21, 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 July 31,
2017.
The Fund's total returns for various periods through
July 31, 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
07/31/17
|
Annualized as of
07/31/17
|
|
1
Month
|
3
Month
|
YTD
|
1
Year
|
3
Years
|
5
Years
|
10
Years
|
Since
Inception
|
|
NAV
|
0.7
|
1.8
|
13.0
|
10.7
|
-5.8
|
-2.0
|
4.3
|
1.3
|
|
Market
Price
|
0.1
|
2.4
|
19.8
|
17.9
|
-5.3
|
-2.0
|
2.4
|
0.9
|
|
MSCI
Indonesia
|
0.2
|
5.5
|
16.7
|
11.5
|
2.2
|
2.2
|
7.4
|
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 July 31, 2017, the Fund's net
assets amounted to US$77.9 million
and the Fund's NAV per share was US$8.41.
As of July 31, 2017, the portfolio
was invested as follows:
|
Portfolio
Composition
|
Percent of
Net Assets
|
|
Consumer
Staples
|
29.3
|
|
Consumer
Discretionary
|
19.6
|
|
Financials
|
18.1
|
|
Telecommunications
|
8.1
|
|
Materials
|
6.4
|
|
Health
Care
|
6.3
|
|
Energy
|
5.6
|
|
Industrials
|
5.5
|
|
Cash
|
1.0
|
The Fund's ten largest equity holdings as of July 31, 2017, representing 53.5% of net assets,
were:
|
Stock
|
Percent
of
Net
Assets
|
|
Bank Central Asia TBK
PT
|
8.0
|
|
Jardine Cycle and
Carriage
|
7.3
|
|
MP Evans Group
PLC
|
7.1
|
|
Bank OCBC
Nisp
|
5.7
|
|
Unilever
Indonesia
|
5.0
|
|
Telekomunikasi
Indonesia
|
4.2
|
|
AKR
Corporindo
|
4.1
|
|
Indocement Tunggal
Prakarsa
|
4.1
|
|
Mandom Indonesia TBK
PT
|
4.0
|
|
Bank
Permata
|
3.9
|
Important Information
Aberdeen Asset Management Inc. (the "Administrator") has
prepared this report based on information sources believed to be
accurate and reliable. However, the figures are unaudited and
neither the Fund, the Administrator, 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.
The Investment Adviser and the Administrator are each a
subsidiary of Aberdeen Asset Management PLC ("Aberdeen PLC").
The merger of Standard Life plc and Aberdeen PLC, announced on
March 6, 2017 ("Merger"), closed on
August 14, 2017. Aberdeen PLC
became a direct subsidiary of Standard Life plc as a result of the
Merger and the combined company changed its name to Standard Life
Aberdeen plc. Shareholders of the Fund are not required to take any
action as a result of the Merger. Following the Merger, the
Investment Adviser and Administrator are each an indirect
subsidiary of Standard Life Aberdeen plc, but otherwise did not
change. The investment advisory and administration agreements for
the Fund, the services provided under the agreements, and the fees
charged for services did not change as a result of the Merger. The
portfolio management team for the Fund did not 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.