Aberdeen Emerging Markets Smaller Company Opportunities Fund, Inc. Announces Updated Portfolio
PHILADELPHIA, June 12, 2013 /PRNewswire/ -- Aberdeen Emerging Markets Smaller Company Opportunities Fund, Inc. (NYSE MKT: ETF) (the "Fund") announced the completion of the restructuring of its portfolio to reflect changes to its investment policies. As previously announced on March 14, 2013, shareholders voted to change certain investment policies of the Fund.
As a result of these policy changes, effective March 15, 2013, the Fund no longer concentrates its investments in the telecommunications industry and is not required to focus its investment in any industry. To reflect the new investment policies, the Fund's name has been changed to Aberdeen Emerging Markets Smaller Company Opportunities Fund, Inc.
The Adviser has completed the restructuring of the Fund's portfolio to reflect its new investment policies. A complete list of the Fund's holdings as of May 31, 2013 and other Fund Information may be found at www.aberdeenetf.com.
Please join the head of Aberdeen's Global Emerging Markets team, Devan Kaloo, on a web cast to review the Fund's new investment objective and current portfolio positioning. The web cast will be held Friday, June 14, 2013, at 10:00 a.m. ET. To register, see Aberdeen's Closed-End Fund Talk Channel at http://www.aberdeen-asset.us/aam.nsf/usclosed/aberdeentv
Replays of the Fund's web cast will be available following the "live" broadcast.
Aberdeen Emerging Markets Smaller Company Opportunities Fund, Inc. is a closed-end management investment company that seeks long-term capital appreciation by investing primarily in equity securities of emerging market smaller company issuers. The Fund's shares are traded on the NYSE MKT under the trading symbol "ETF."
International investing entails special risk considerations, including currency fluctuations, lower liquidity, economic and political risks, and difference in accounting methods; these risks are generally heightened for emerging market investments. Equity stocks of small-cap companies carry greater risk, and more volatility than equity stocks of larger, more established companies.
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. Past performance does not guarantee future results.
If you wish to receive information from or about the Fund electronically, please contact InvestorRelations@aberdeen-asset.com
SOURCE Aberdeen Emerging Markets Smaller Company Opportunities Fund, Inc.