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IF Aberdeen Indonesia Fund ( (delisted)

7.13
0.00 (0.00%)
Pre Market
Last Updated: 00:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Aberdeen Indonesia Fund ( (delisted) AMEX:IF AMEX Ordinary Share
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 7.13 0.00 00:00:00

Aberdeen Indonesia Fund, Inc. Announces Performance Data And Portfolio Composition

23/04/2018 10:00pm

PR Newswire (US)


Aberdeen Indonesia Fund ( (delisted) (AMEX:IF)
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PHILADELPHIA, April 23, 2018 /PRNewswire/ -- Aberdeen Indonesia Fund, Inc. (the "Fund") (NYSE American: IF), a closed-end equity fund, announced today its performance data and portfolio composition as of March 31, 2018.

Aberdeen Asset Management Inc. At Aberdeen, asset management is our business. We only manage assets for clients, allowing us to focus solely on their needs and deliver independent, objective investment advice. We know global markets from the local level upwards, drawing on more than 1,900 staff, across 32 offices in 23 countries. Investment teams are based in the markets or regions where they invest, delivering local perspective in a global investment environment. (PRNewsFoto/Aberdeen Asset Management Inc.)

The Fund's total returns for various periods through March 31, 2018 are provided below.  (All figures are based on distributions reinvested at the dividend reinvestment price and are stated net-of-fees):


Cumulative as of 03/31/18

Annualized as of 03/31/18


1 Month

3 Month

YTD

1 Year

3 Years

5 Years

10 Years

Since Inception

NAV

-6.3

-6.4

-6.4

-0.5

-1.5

-5.8

3.4

1.1

Market Price

-4.8

-4.6

-4.6

1.9

-0.1

-5.6

3.9

0.8

MSCI Indonesia

-7.0

-7.1

-7.1

8.3

2.5

-1.0

5.7

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 March 31, 2018, the Fund's net assets amounted to US$73.3 million and the Fund's NAV per share was US$7.91.

As of March 31, 2018, the portfolio was invested as follows:

Portfolio Composition

Percent of 
Net Assets

Consumer Staples

26.6

Consumer Discretionary

20.5

Financials

19.8

Telecommunications

10.7

Materials

7.5

Energy

5.2

Health Care

4.4

Industrials

3.7

Cash

1.6

The Fund's ten largest equity holdings as of March 31, 2018, representing 60.8% of net assets, were:

Stock

Percent of

Net Assets

Bank Central Asia TBK PT

12.6

MP Evans Group PLC

8.1

Telekomunikasi Indonesia

7.8

Jardine Cycle and Carriage

6.8

Indocement Tunggal Prakarsa

5.5

Unilever Indonesia

5.2

HM Sampoerna TBK PT

4.3

Mandom Indonesia TBK PT

3.7

ACE Hardware Indonesia

3.5

Bank Permata

3.4

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"). 

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@aberdeenstandard.com

 

Cision View original content with multimedia:http://www.prnewswire.com/news-releases/aberdeen-indonesia-fund-inc-announces-performance-data-and-portfolio-composition-300634799.html

SOURCE Aberdeen Indonesia Fund, Inc.

Copyright 2018 PR Newswire

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