The Indonesia Fund, Inc. Announces Performance Data and Portfolio Composition
January 06 2010 - 3:24PM
PR Newswire (US)
PHILADELPHIA, Jan. 6 /PRNewswire-FirstCall/ -- The Indonesia Fund,
Inc. (the "Fund") (NYSE Amex: IF), a closed-end equity fund,
announced today its performance data and portfolio composition as
of November 30, 2009. The Fund's total returns for various periods
through November 30, 2009 are provided below. (All figures are
based on distributions reinvested at the dividend reinvestment
price and are stated net-of-fees): Period NAV Total Return % Market
Price Total ------ ------------------ Return % -------- Cumulative
Annualized Cumulative Annualized ---------- ---------- ----------
---------- Since inception -11.2 -0.6 -18.1 -1.0 ---------------
----- ---- ----- ---- (March 1990) ------------ 10-years 196.2 11.5
107.6 7.6 -------- ----- ---- ----- --- 5-years 116.4 16.7 98.5
14.7 ------- ----- ---- ---- ---- 3-years 18.4 5.8 -8.0 -2.7
------- ---- --- ---- ---- 1-year 134.5 145.7 ------ ----- ----- On
November 30, 2009, the Fund's net assets amounted to US$89.1
million and the Fund's NAV per share was $10.77. As of November 30,
2009, the portfolio was invested as follows: Percent of Net
Portfolio Composition Assets --------------------- --------------
Consumer, Cyclical 24.1 ------------------ ---- Consumer,
Non-Cyclical 20.4 ---------------------- ---- Financials 20.0
---------- ---- Communications 13.5 -------------- ---- Industrials
11.3 ----------- ---- Utilities 4.5 --------- --- Basic Materials
3.6 --------------- --- Other 2.6 ----- --- The Fund's ten largest
equity holdings as of November 30, 2009, representing 68.3% of net
assets, were: Stock Percent of ----- ---------- Net Assets
---------- PT Unilever Indonesia Tbk 11.0 -------------------------
---- PT Astra International Tbk 10.1 --------------------------
---- PT Telekomunikasi Tbk 9.8 --------------------- --- Bank OCBC
NISP Tbk PT 6.7 --------------------- --- PT Holcim Indonesia Tbk
6.1 ----------------------- --- Ace Hardware Indonesia 5.7
---------------------- --- United Overseas Bank Limited 4.9
---------------------------- --- Overseas Chinese Banking
Corporation 4.8 ------------------------------------ --- PT United
Tractors Tbk 4.7 ---------------------- --- Perusahaan Gas Negara
PT 4.5 ------------------------ --- 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 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. Aberdeen is a U.S.
registered service mark of Aberdeen Asset Management PLC. 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: DATASOURCE: The
Indonesia Fund, Inc. CONTACT: Aberdeen Asset Management Inc.,
Investor Relations, +1-866-839-5205,
Copyright