Aberdeen Emerging Markets Smaller Company Opportunities Fund, Inc.(1) Announces Performance Data And Portfolio Composition

PHILADELPHIA, Nov. 27, 2013 /PRNewswire/ -- Aberdeen Emerging Markets Smaller Company Opportunities Fund, Inc.1 (the "Fund") (NYSE MKT: ETF), a closed-end equity fund, announced today its performance data and portfolio composition as of October 31, 2013.

(Logo: http://photos.prnewswire.com/prnh/20121106/NE07292LOGO)

The Fund's total returns for various periods through October 31, 2013 are provided below.  (All figures are based on distributions reinvested at the dividend reinvestment price and are stated net-of-fees):    


Cumulative as of 10/31/13

Annualized as of 10/31/13


1 Month

3 Month

YTD

1 Year

3 Years

5 Years

10 Years

Since Inception

NAV

3.7

4.6

-4.0

0.8

5.1

10.8

12.1

7.7

Market Price

5.1

4.4

-3.5

1.0

4.6

12.7

12.8

7.1

MSCI Emerging Markets Small Cap

3.6

6.7

3.7

10.6

-1.3

21.9

*n/a

*n/a

MSCI Emerging Markets Infrastructure

3.0

4.9

1.0

3.7

2.4

11.3

13.8

*n/a

 

*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 and the inception date of the Fund is June 17, 1992. There is no since inception figure for the MSCI EM Infrastructure Index because the inception date of the Index is January 4, 1998 and the inception date of the Fund is June 17, 1992.    The benchmark for the Fund changed from the MSCI EM Infrastructure Index effective April 1, 2013. 

On October 31, 2013, the Fund's net assets amounted to US$187.2 million and the Fund's NAV per share was $22.70.

As of October 31, 2013, the portfolio was invested as follows:

Portfolio Composition*

Percent of

Net Assets

Financials

23.6

Consumer Staples

19.9

Consumer Discretionary

17.7

Industrials

14.7

Materials

11.0

Information Technology

6.4

Health Care

5.7

Cash

1.0

 

Portfolio Composition *

Geographic Exposure %

Brazil

13.4

South Africa

10.1

Hong Kong

8.0

Malaysia

8.0

India

7.4

Thailand

5.7

Indonesia

5.0

Turkey

4.6

South Korea

4.4

Russia

3.4

Singapore

3.2

Chile

3.1

Mexico

3.1

Philippines

2.4

United Kingdom

2.2

Poland

1.9

Sri Lanka

1.7

Kenya

1.6

Netherlands

1.6

Nigeria

1.6

Romania

1.6

United States

1.5

China

1.4

Oman

1.3

Lebanon

1.1

Israel

0.7

*Compositions are subject to change. Figures may not appear to sum due to rounding.

The Fund's ten largest equity holdings as of October 31, 2013, representing 24.8% of net assets, were:

Stock

Percent of

Net Assets

Aeon Malaysia

3.1

Aeroportuario del Centro Norte pls

3.1

Spar Group

2.6

BS Financial Group

2.4

Jollibee Foods

2.4

Cimsa

2.3

Clicks Group

2.3

AKR Corporindo

2.2

Hikma Pharmaceuticals

2.2

Okey 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 (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 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) As of 03/15/2013, Fund name changed from Aberdeen Emerging Markets Telecommunications and Infrastructure Fund, Inc.

SOURCE Aberdeen Emerging Markets Smaller Company Opportunities Fund, Inc.



RELATED LINKS
http://www.aberdeenetf.com

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

 

PR Newswire Membership

Fill out a PR Newswire membership form or contact us at (888) 776-0942.

Learn about PR Newswire services

Request more information about PR Newswire products and services or call us at (888) 776-0942.