PHILADELPHIA, Sept. 22, 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 August 31,
2016.
The Fund's total returns for various periods through
August 31, 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
08/31/16
|
Annualized as of
08/31/16
|
|
1 Month
|
3 Month
|
YTD
|
1 Year
|
3 Years
|
5 Years
|
10 Years
|
Since
Inception
|
|
NAV
|
-0.8
|
6.8
|
14.3
|
10.2
|
1.8
|
1.6
|
4.7
|
6.5
|
|
Market
Price
|
-1.0
|
7.3
|
16.2
|
12.9
|
1.0
|
1.0
|
4.5
|
5.9
|
|
MSCI Emerging
Markets
Small Cap
|
1.9
|
9.1
|
7.9
|
11.5
|
3.3
|
1.2
|
n/a³
|
n/a³
|
On August 31, 2016, the Fund's net
assets amounted to US$138.5 million
and the Fund's NAV per share was US$14.35.
As of August 31, 2016, the
portfolio was invested as follows:
|
Portfolio
Composition
|
Percent of
Net Assets
|
|
Financials
|
21.1
|
|
Consumer
Staples
|
19.5
|
|
Industrials
|
17.1
|
|
Consumer
Discretionary
|
14.2
|
|
Materials
|
12.4
|
|
Information
Technology
|
8.4
|
|
Health
Care
|
6.1
|
|
Cash
|
1.2
|
|
Portfolio
Composition
|
Geographic
Exposure %
|
|
India
|
14.7
|
|
Brazil
|
9.3
|
|
South
Africa
|
8.2
|
|
Indonesia
|
7.0
|
|
Malaysia
|
6.4
|
|
Turkey
|
6.0
|
|
United
States
|
4.9
|
|
Thailand
|
4.7
|
|
Chile
|
4.6
|
|
Hong Kong
|
4.6
|
|
Mexico
|
3.7
|
|
Singapore
|
3.5
|
|
Philippines
|
2.7
|
|
South
Korea
|
2.3
|
|
Romania
|
2.1
|
|
Sri Lanka
|
1.9
|
|
China
|
1.9
|
|
Poland
|
1.5
|
|
Egypt
|
1.4
|
|
Netherlands
|
1.4
|
|
Kenya
|
1.3
|
|
United
Kingdom
|
1.2
|
|
Peru
|
1.1
|
|
Nigeria
|
1.1
|
|
Russia
|
1.1
|
|
Taiwan
|
0.7
|
|
Israel
|
0.5
|
|
Europe
|
0.1
|
The Fund's ten largest equity holdings as of August 31, 2016, representing 28.8% of net
assets, were:
|
Stock
|
Percent
of
Net
Assets
|
|
Aeroportuario del
Centro Norte pls
|
3.7
|
|
Parque
Arauco
|
3.6
|
|
Godrej Consumer
Products
|
3.3
|
|
AKR
Corporindo
|
3.3
|
|
Jollibee
Foods
|
2.7
|
|
Epam Systems
Inc.
|
2.6
|
|
Ramco Cements
Ltd.
|
2.6
|
|
Iguatemi
|
2.5
|
|
Delfi Ltd.
|
2.3
|
|
Kansai Nerolac
Paints
|
2.1
|
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.
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SOURCE Aberdeen Emerging Markets Smaller Company Opportunities
Fund, Inc.