PHILADELPHIA,
April 23, 2018
/PRNewswire/ -- Aberdeen Emerging
Markets Smaller Company Opportunities Fund,
Inc.1 (the "Fund") (NYSE American: ABE), a
closed-end equity fund, announced today its performance data and
portfolio composition as of March
31, 2018.
The Fund's total returns for various periods through
March 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
03/31/18
|
Annualized as of
03/31/18
|
|
1 Month
|
3 Month
|
YTD
|
1 Year
|
3 Years
|
5 Years
|
10 Years
|
Since
Inception
|
|
NAV
|
-2.6
|
-0.2
|
-0.2
|
12.2
|
4.9
|
1.0
|
0.8
|
6.6
|
|
Market
Price
|
-1.9
|
1.8
|
1.8
|
15.1
|
6.4
|
1.5
|
1.4
|
6.3
|
|
MSCI Emerging Markets
Small Cap
|
-1.3
|
0.2
|
0.2
|
19.0
|
7.5
|
4.9
|
4.7
|
n/a2
|
On March 31, 2018, the Fund's net
assets amounted to US$152.1 million
and the Fund's NAV per share was US$16.04.
As of March 31, 2018, the
portfolio was invested as follows:
|
Portfolio
Composition
|
Percent of
Net Assets
|
|
Financials
|
24.5
|
|
Information
Technology
|
20.8
|
|
Materials
|
13.7
|
|
Industrials
|
10.3
|
|
Consumer
Staples
|
9.1
|
|
Real
Estate
|
6.4
|
|
Consumer
Discretionary
|
4.8
|
|
Telecommunications
|
3.5
|
|
Health
Care
|
2.0
|
|
Energy
|
1.9
|
|
Cash
|
3.2
|
|
Portfolio Composition
|
Geographic
Exposure %
|
|
China
|
14.8
|
|
South
Africa
|
13.0
|
|
India
|
10.7
|
|
Turkey
|
8.3
|
|
Thailand
|
7.0
|
|
Indonesia
|
6.8
|
|
Mexico
|
6.4
|
|
Luxembourg
|
4.7
|
|
United
States
|
4.3
|
|
Poland
|
4.1
|
|
Hong Kong
|
3.7
|
|
South
Korea
|
3.5
|
|
Netherlands
|
2.8
|
|
Brazil
|
2.2
|
|
Taiwan
|
2.0
|
|
Russia
|
1.9
|
|
Chile
|
1.9
|
|
United
Kingdom
|
0.8
|
|
Argentina
|
0.7
|
|
Israel
|
0.3
|
The Fund's ten largest equity holdings as of March 31, 2018, representing 37.1% of net assets,
were:
|
Stock
|
Percent of
Net Assets
|
|
iShares MSCI Emerging
Markets Small-Cap ETF
|
4.7
|
|
Grupo Aeroportuario
del Centro Norte
|
4.6
|
|
Cimsa
|
4.5
|
|
JSE Ltd.
|
4.2
|
|
Pacific Basin
Shipping
|
3.7
|
|
Tencent Holdings
Ltd.
|
3.6
|
|
Samsung
Electronics
|
3.5
|
|
ACE Hardware
Indonesia
|
2.9
|
|
ASM
International
|
2.8
|
|
HDFC Bank
|
2.7
|
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 Managers
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").
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 June 17, 1992.
If you wish to receive this information
electronically, please contact:
InvestorRelations@aberdeenstandard.com
1 The Fund changed its name, benchmark, investment
objective and strategy effective March
15, 2013. Performance information for periods prior to
March 15, 2013 does not reflect the
current investment strategy. The MSCI Emerging Markets Small Cap
Index is the Fund's benchmark. Please refer to the Fund's
January 14, 2013 proxy statement at
aberdeenABE.com for additional information.
2 There is no since inception figure for the MSCI EM
Small Cap Index because the inception date of the Index is
June 1, 2007. The inception date of
the Fund is June 17,
1992.
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SOURCE Aberdeen Emerging Markets Smaller Company Opportunities
Fund, Inc.