PHILADELPHIA, Dec. 21, 2016 /PRNewswire/
-- Aberdeen Emerging Markets Smaller Company
Opportunities Fund, Inc.1 (the "Fund") (NYSE MKT:
ABE2), a closed-end equity fund, announced today its
performance data and portfolio composition as of November 30, 2016.
The Fund's total returns for various periods through
November 30, 2016 are provided
below. (All figures are based on distributions reinvested at
the dividend reinvestment price and are stated
net-of-fees):
|
Cumulative as of
11/30/16
|
Annualized as of
11/30/16
|
|
1
Month
|
3
Month
|
YTD
|
1
Year
|
3
Years
|
5
Years
|
10
Years
|
Since
Inception
|
|
NAV
|
-7.7
|
-7.2
|
6.1
|
3.5
|
-3.2
|
0.5
|
1.9
|
6.1
|
|
Market
Price
|
-8.0
|
-9.4
|
5.3
|
2.9
|
-4.9
|
-0.4
|
1.1
|
5.4
|
|
MSCI Emerging Markets
Small Cap
|
-4.7
|
-4.8
|
2.7
|
2.8
|
-1.1
|
3.6
|
n/a³
|
n/a³
|
On November 30, 2016, the Fund's
net assets amounted to US$128.2
million and the Fund's NAV per share was US$13.32.
As of November 30, 2016, the
portfolio was invested as follows:
|
Portfolio
Composition
|
Percent
of
Net Assets
|
|
Consumer
Staples
|
19.8
|
|
Industrials
|
16.7
|
|
Consumer
Discretionary
|
13.9
|
|
Materials
|
12.0
|
|
Financials
|
11.0
|
|
Real
Estate
|
9.9
|
|
Information
Technology
|
9.5
|
|
Health
Care
|
6.4
|
|
Cash
|
0.8
|
|
Portfolio
Composition
|
Geographic
Exposure %
|
|
India
|
14.4
|
|
Brazil
|
9.0
|
|
South
Africa
|
8.9
|
|
Indonesia
|
6.8
|
|
Turkey
|
6.6
|
|
Malaysia
|
6.3
|
|
Thailand
|
5.0
|
|
Hong Kong
|
4.8
|
|
Chile
|
4.6
|
|
United
States
|
4.0
|
|
Singapore
|
4.0
|
|
Mexico
|
2.9
|
|
Philippines
|
2.4
|
|
South
Korea
|
2.3
|
|
Sri Lanka
|
2.1
|
|
China
|
2.1
|
|
Romania
|
2.0
|
|
Netherlands
|
1.7
|
|
Poland
|
1.6
|
|
Kenya
|
1.5
|
|
United
Kingdom
|
1.2
|
|
Egypt
|
1.2
|
|
Nigeria
|
1.1
|
|
Russia
|
1.0
|
|
Peru
|
1.0
|
|
Taiwan
|
0.9
|
|
Israel
|
0.5
|
|
Europe
|
0.1
|
The Fund's ten largest equity holdings as of November 30, 2016, representing 28.6% of net
assets, were:
|
Stock
|
Percent
of
Net
Assets
|
|
Parque
Arauco
|
3.5
|
|
AKR
Corporindo
|
3.5
|
|
Godrej Consumer
Products
|
3.4
|
|
Ramco Cements
Ltd.
|
2.9
|
|
Grupo Aeroportuario
del Centro Norte
|
2.9
|
|
Epam Systems
Inc.
|
2.7
|
|
Delfi Ltd.
|
2.7
|
|
Iguatemi
|
2.5
|
|
Jollibee
Foods
|
2.4
|
|
Clicks
Group
|
2.2
|
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 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. Aberdeen is a U.S.
registered service mark of Aberdeen Asset Management 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@aberdeen-asset.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 The Fund's ticker
symbol changed from ETF to ABE at market close on July 31,
2015.
|
|
³ There is no 10 year
or 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.
|
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/aberdeen-emerging-markets-smaller-company-opportunities-fund-inc1-announces-performance-data-and-portfolio-composition-300382612.html
SOURCE Aberdeen Emerging Markets Smaller Company Opportunities
Fund, Inc.