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

PHILADELPHIA, Feb. 22, 2017 /PRNewswire/ -- Aberdeen Singapore Fund, Inc. (the "Fund") (NYSE: SGF), a closed-end equity fund, announced today its performance data and portfolio composition as of January 31, 2017.

The Fund's total returns for various periods through January 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 01/31/17			Annualized as of 01/31/17
	1 Month	3 Month	YTD	1 Year	3 Years	5 Years	10 Years	Since Inception
NAV	9.0	6.6	9.0	21.5	0.6	2.5	2.3	4.8
Market Price	9.5	4.5	9.5	20.6	-1.5	0.2	0.7	3.8
MSCI Singapore	8.3	8.8	8.3	20.8	-0.1	1.7	3.5	5.9

On January 31, 2017, the Fund's net assets amounted to US$84.8 million and the Fund's NAV per share was US$11.36.

As of January 31, 2017, the portfolio was invested as follows:

Portfolio Composition	Percent of Net Assets
Financials	29.5
Real Estate	25.1
Industrials	23.3
Telecommunications	7.7
Information Technology	3.8
Consumer Discretionary	3.5
Health Care	3.4
Consumer Staples	1.6
Materials	0.3
Cash	1.7

The Fund's ten largest equity holdings as of January 31, 2017, representing 63.2% of net assets, were:

Stock	Percent of Net Assets
Oversea-Chinese Banking Corporation	10.7
DBS Group Holdings	8.6
Singapore Telecom	7.7
City Developments	7.3
United Overseas Bank	6.7
Jardine Matheson	6.6
Keppel Corporation	4.9
Singapore Technologies Engineering	3.7
Comfortdelgro Corp.	3.5
Jardine Cycle and Carriage	3.4

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 Inc. (the Administrator), Aberdeen Asset Management Asia Limited (the Investment Manager), 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 is a U.S. registered service mark of Aberdeen Asset Management 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 July 31, 1990.

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SOURCE Aberdeen Singapore Fund, Inc.

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