PHILADELPHIA, Dec. 7, 2011 /PRNewswire/ -- Aberdeen
Emerging Markets Telecommunications and Infrastructure Fund, Inc.
(the "Fund") (NYSE AMEX: ETF), a closed-end equity fund, announced
today its performance data and portfolio composition as of
October 31, 2011.
The Fund's total returns for various periods through
October 31, 2011 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)
|
312.3
|
7.6
|
269.3
|
7.0
|
10-years
|
171.9
|
10.5
|
201.1
|
11.7
|
5-years
|
22.5
|
4.1
|
22.1
|
4.1
|
3-years
|
41.8
|
12.3
|
54.1
|
15.5
|
1-year
|
-1.5
|
-2.8
|
On October 31, 2011, the Fund's
net assets amounted to US$164.6
million and the Fund's NAV per share was $19.97.
As of October 31, 2011, the
portfolio was invested as follows:
Portfolio
Composition
|
Geographic Exposure
%
|
Mexico
|
10.1
|
India
|
9.4
|
Taiwan
|
8.0
|
China
|
7.8
|
Thailand
|
6.7
|
South Africa
|
6.3
|
Malaysia
|
6.2
|
Brazil
|
5.8
|
Indonesia
|
5.6
|
Hong Kong
|
5.0
|
Russia
|
4.3
|
South Korea
|
4.3
|
Morocco
|
3.8
|
Turkey
|
2.9
|
Chile
|
2.6
|
Israel
|
2.6
|
Argentina
|
2.0
|
Kenya
|
2.0
|
United States
|
1.8
|
Philippines
|
1.6
|
Global
|
0.8
|
Asia
|
0.3
|
Latin America
|
0.1
|
The Fund's ten largest equity holdings as of October 31, 2011, representing 58.6% of net
assets, were:
Stock
|
Percent of
Net Assets
|
America Movil SAB de
C.V.
|
9.2
|
Taiwan Mobile Company,
Limited
|
8.0
|
China Mobile Limited
|
7.8
|
MTN Group Limited
|
6.3
|
Bharti Airtel Limited
|
5.5
|
Advanced Info Service
PCL
|
5.2
|
DiGi.com Berhad
|
5.1
|
Samsung Electronics
Company, Limited
|
4.3
|
PT Telekomunikasi Indonesia
TBK
|
3.7
|
Maroc Telecom
|
3.5
|
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 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.
Closed-end funds have a one-time initial public offering and
then are subsequently traded on the secondary market through one of
the stock exchanges. The 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 a fund will achieve
its investment objective. Past performance does not guarantee
future results.
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
|
SOURCE Aberdeen Emerging Markets Telecommunications and
Infrastructure Fund, Inc.