The Emerging Markets Telecommunications Fund, Inc. Announces Performance Data and Portfolio Composition
November 02 2009 - 12:26PM
PR Newswire (US)
PHILADELPHIA, Nov. 2 /PRNewswire-FirstCall/ -- The Emerging Markets
Telecommunications Fund, Inc. (the "Fund") (NYSE AMEX: ETF), a
closed-end equity fund, announced today its performance data and
portfolio composition as of September 30, 2009. The Fund's total
returns for various periods through September 30, 2009 are provided
below. (All figures are based on distributions reinvested at the
dividend reinvestment price and are stated net-of-fees): Period NAV
Total Return % Market Price Total Return % Cumulative Annualized
Cumulative Annualized Since inception 270.5 7.9 243.3 7.4 (June
1992) 10-years 83.4 6.3 121.2 8.3 5-years 104.7 15.4 125.1 17.6
3-years 22.9 7.1 27.3 8.4 1-year 1.4 19.7 On September 30, 2009,
the Fund's net assets amounted to US$155.8 million and the Fund's
NAV per share was $18.89. As of September 30, 2009, the portfolio
was invested as follows: Portfolio Composition Geographic Exposure
% Hong Kong 12.6 Russia 9.9 India 9.4 Mexico 9.0 Taiwan 8.3
Indonesia 7.2 United States 5.8 South Africa 5.5 Israel 5.3
Malaysia 4.5 Singapore 4.5 Thailand 4.4 Hungary 4.3 Portugal 4.3
Chile 2.8 Poland 1.7 Brazil 0.5 The Fund's ten largest equity
holdings as of September 30, 2009, representing 65.7% of net
assets, were: Stock Percent of Net Assets China Mobile Limited 11.9
Bharti Airtel Limited 9.4 America Movil SAB de CV 9.0 Taiwan Mobile
Company Limited 7.8 Vimpel Communications 5.5 Singapore
Telecommunications 4.5 Advanced Info Service 4.4 Digi.com Berhad
4.4 Mobile Telesystems OJSC 4.4 Telekomunikasi TBK 4.4 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 Management Investment Services 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. 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: DATASOURCE: The
Emerging Markets Telecommunications Fund, Inc. CONTACT: Aberdeen
Asset Management Inc., Investor Relations, +1-866-839-5205,
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