PHILADELPHIA, Feb. 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 January 31, 2018.
The Fund's total returns for various periods through January 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 01/31/18
|
Annualized as of 01/31/18
|
|
1
Month
|
3
Month
|
YTD
|
1
Year
|
3
Years
|
5
Years
|
10
Years
|
Since
Inception
|
|
NAV
|
4.1
|
5.3
|
4.1
|
15.0
|
0.9
|
-2.2
|
3.5
|
1.5
|
|
Market Price
|
5.0
|
4.8
|
5.0
|
25.2
|
1.4
|
-2.7
|
4.0
|
1.1
|
|
MSCI
Indonesia
|
3.0
|
11.4
|
3.0
|
28.5
|
7.3
|
3.2
|
6.3
|
n/a¹
|
On January 31, 2018, the Fund's net assets amounted to US$81.5
million and the Fund's NAV per share was US$8.80.
As of January 31, 2018, the portfolio was invested as follows:
|
Portfolio Composition
|
Percent of
Net Assets
|
|
Consumer Staples
|
29.9
|
|
Consumer Discretionary
|
20.0
|
|
Financials
|
19.5
|
|
Materials
|
8.3
|
|
Telecommunications
|
6.9
|
|
Energy
|
5.4
|
|
Health Care
|
4.8
|
|
Industrials
|
3.7
|
|
Cash
|
1.4
|
The Fund's ten largest equity holdings as of January 31, 2018, representing 57.0% of net assets,
were:
|
Stock
|
Percent of
Net Assets
|
|
Bank Central Asia TBK PT
|
10.3
|
|
MP Evans Group PLC
|
7.6
|
|
Jardine Cycle and Carriage
|
7.1
|
|
Indocement Tunggal Prakarsa
|
5.8
|
|
Unilever Indonesia
|
5.3
|
|
Bank OCBC Nisp
|
5.3
|
|
HM Sampoerna TBK PT
|
4.9
|
|
Telekomunikasi Indonesia
|
3.6
|
|
Astra International
|
3.6
|
|
Bank Permata
|
3.5
|
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@aberdeenstandard.com
¹ There is no since inception figure for the MSCI Indonesia Index because the inception date of the Index is January 1, 2001.
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SOURCE Aberdeen Indonesia Fund, Inc.