PHILADELPHIA, Dec. 22, 2017 /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 November 30,
2017.
The Fund's total returns for various periods through
November 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
11/30/17
|
Annualized as of
11/30/17
|
|
1
Month
|
3
Month
|
YTD
|
1
Year
|
3
Years
|
5
Years
|
10
Years
|
Since
Inception
|
|
NAV
|
-1.8
|
-2.0
|
11.0
|
11.8
|
-3.5
|
-3.7
|
2.9
|
1.2
|
|
Market
Price
|
-2.0
|
-1.6
|
18.7
|
21.2
|
-3.3
|
-3.3
|
2.3
|
0.9
|
|
MSCI
Indonesia
|
-0.4
|
-1.1
|
14.9
|
21.2
|
2.9
|
1.7
|
5.0
|
n/a¹
|
On November 30, 2017, the Fund's
net assets amounted to US$76.3
million and the Fund's NAV per share was US$8.24.
As of November 30, 2017, the
portfolio was invested as follows:
|
Portfolio
Composition
|
Percent
of
Net Assets
|
|
Consumer
Staples
|
30.4
|
|
Financials
|
19.9
|
|
Consumer
Discretionary
|
19.4
|
|
Telecommunications
|
7.6
|
|
Materials
|
6.7
|
|
Health
Care
|
5.7
|
|
Energy
|
4.4
|
|
Industrials
|
3.9
|
|
Cash
|
1.9
|
The Fund's ten largest equity holdings as of November 30, 2017, representing 56.4% of net
assets, were:
|
Stock
|
Percent
of
Net
Assets
|
|
Bank Central Asia TBK
PT
|
9.7
|
|
MP Evans Group
PLC
|
8.0
|
|
Jardine Cycle and
Carriage
|
7.4
|
|
Bank OCBC
Nisp
|
6.0
|
|
Unilever
Indonesia
|
5.1
|
|
HM Sampoerna TBK
PT
|
4.3
|
|
Indocement Tunggal
Prakarsa
|
4.3
|
|
Telekomunikasi
Indonesia
|
4.0
|
|
Mandom Indonesia TBK
PT
|
3.9
|
|
XL Axiata TBK
PT
|
3.6
|
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.
¹ There is no since inception figure for the MSCI Indonesia
Index because the inception date of the Index is January 1, 2001.
If you wish to receive this information
electronically, please contact:
InvestorRelations@aberdeen-asset.com
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SOURCE Aberdeen Indonesia Fund, Inc.