Aberdeen Emerging Markets Telecommunications and Infrastructure
Fund, Inc. Announces Performance Data and Portfolio Composition
PHILADELPHIA, Nov. 6, 2012 /PRNewswire/ -- Aberdeen
Emerging Markets Telecommunications and Infrastructure Fund, Inc.
(the "Fund") (NYSE MKT: ETF), a closed-end equity fund,
announced today its performance data and portfolio composition as
of September 30, 2012.
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The Fund's total returns for various periods through
September 30, 2012 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)
|
388.6
|
8.1
|
331.2
|
7.5
|
|
10-years
|
283.4
|
14.4
|
314.0
|
15.3
|
|
5-years
|
-2.5
|
-0.5
|
-3.4
|
-0.7
|
|
3-years
|
31.9
|
9.6
|
25.6
|
7.9
|
|
1-year
|
26.9
|
25.3
|
On September 30, 2012, the Fund's
net assets amounted to US$191.8
million and the Fund's NAV per share was $23.25.
As of September 30, 2012, the
portfolio was invested as follows:
|
Portfolio
Composition
|
Geographic Exposure %
|
|
Mexico
|
9.5
|
|
Malaysia
|
9.3
|
|
China
|
9.0
|
|
Taiwan
|
8.7
|
|
Thailand
|
8.5
|
|
South
Africa
|
8.0
|
|
India
|
7.6
|
|
Brazil
|
5.6
|
|
Hong
Kong
|
5.3
|
|
Russia
|
4.5
|
|
Indonesia
|
3.8
|
|
South
Korea
|
3.7
|
|
Kenya
|
2.7
|
|
Chile
|
2.6
|
|
Argentina
|
2.2
|
|
Morocco
|
2.2
|
|
Turkey
|
2.0
|
|
Philippines
|
1.8
|
|
United
States
|
1.1
|
|
Israel
|
1.0
|
|
Global
|
0.8
|
|
Latin
America
|
0.1
|
The Fund's ten largest equity holdings as of September 30, 2012, representing 61.3% of net
assets, were:
|
Stock
|
Percent
of
Net
Assets
|
|
China
Mobile Limited
|
9.0
|
|
Taiwan
Mobile Company, Ltd.
|
8.7
|
|
America
Movil SAB de C.V.
|
8.4
|
|
MTN Group
Limited
|
8.0
|
|
DiGi.com
Berhad
|
7.0
|
|
Advanced
Info Service PCL
|
6.9
|
|
PT
Telekomunikasi Indonesia TBK
|
3.8
|
|
Samsung
Electronics Company, Ltd.
|
3.7
|
|
Bharti
Airtel Limited
|
3.0
|
|
Ultra Tech
Cement Limited
|
2.8
|
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 Managers Limited (effective
March 1, 2012, 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.