The Emerging Markets Telecommunications Fund, Inc. Announces Performance Data and Portfolio Composition
March 05 2010 - 12:47PM
PR Newswire (US)
PHILADELPHIA, March 5 /PRNewswire-FirstCall/ -- The Emerging
Markets Telecommunications Fund, Inc. (the "Fund") (NYSE Amex:
ETF), a closed-end equity fund, announced today its performance
data and portfolio composition as of January 31, 2010. The Fund's
total returns for various periods through January 31, 2010 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 (June 1992) 264.0
7.6 211.1 6.7 10-years 17.6 1.6 32.4 2.8 5-years 72.9 11.6 70.4
11.2 3-years -3.5 -1.2 -9.6 -3.3 1-year 38.5 29.7 On January 31,
2010, the Fund's net assets amounted to US$151.9 million and the
Fund's NAV per share was $18.42. As of January 31, 2010, the
portfolio was invested as follows: Portfolio Composition Geographic
Exposure % Hong Kong 12.4 Mexico 9.1 Russia 8.8 India 8.7 Taiwan
8.4 Indonesia 8.1 Israel 6.2 Malaysia 4.6 Singapore 4.3 Thailand
4.3 Portugal 4.3 South Africa 3.8 Kenya 3.4 United States 3.4 Chile
3.2 Croatia 2.8 Morocco 2.2 Hungary 1.7 Brazil 0.3 The Fund's ten
largest equity holdings as of January 31, 2010, representing 66.0%
of net assets, were: Percent of Stock Net Assets China Mobile
Limited 11.6 America Movil SAB de CV 9.1 Bharti Airtel Limited 8.7
Taiwan Mobile Company Limited 8.3 Bezeq Israeli Telecommunications
Corporation Limited 5.3 Telekomunikasi TBK 5.0 Mobile Telesystems
OJSC 4.9 Digi.com Berhad 4.6 Advanced Information Services Company
Limited 4.3 Singapore Telecommunications 4.2 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 Investment Services 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 June 17, 1992. If you wish to receive this
information electronically, please contact:
InvestorRelations@aberdeen-asset.com DATASOURCE: The Emerging
Markets Telecommunications Fund, Inc. CONTACT: Aberdeen Asset
Management Inc., Investor Relations,+866-839-5205,
InvestorRelations@aberdeen-asset.com Web Site:
http://www.aberdeen-asset.com/
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