PHILADELPHIA, Sept. 2, 2014 /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 July 31, 2014.
The Fund's total returns for various periods through July 31, 2014 are provided below. (All figures are based on distributions reinvested at the dividend reinvestment price and are stated net-of-fees):
| Cumulative as of
07/31/14 | Annualized as of 07/31/14 |
| 1
Month | 3
Month | YTD | 1
Year | 3
Years | 5
Years | 10
Years | Since
Inception |
NAV | 0.5 | 6.3 | 3.5 | 8.2 | 4.4 | 7.2 | 11.4 | 7.6 |
Market Price | -0.4 | 6.5 | 3.7 | 6.5 | 4.5 | 6.7 | 11.7 | 7.0 |
MSCI Emerging Markets
Small Cap | 0.8 | 5.7 | 10.0 | 14.7 | 0.5 | 9.3 | *N/A | *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. There is no since inception figure for the MSCI EM Infrastructure Index because the inception date of the Index is January 4, 1998. The inception date of the Fund is June 17, 1992.
On July 31, 2014, the Fund's net assets amounted to US$157.0 million and the Fund's NAV per share was $16.07.
As of July 31, 2014, the portfolio was invested as follows:
Portfolio Composition* | Percent of
Net Assets |
Financials | 23.1 |
Consumer Staples | 18.6 |
Consumer Discretionary | 15.5 |
Industrials | 15.0 |
Materials | 12.5 |
Information Technology | 8.3 |
Health Care | 5.6 |
Cash | 1.5 |
Portfolio Composition * | Geographic Exposure % |
Brazil | 14.0 |
India | 9.9 |
South Africa | 8.7 |
Malaysia | 7.5 |
Hong Kong | 6.3 |
Thailand | 6.1 |
Indonesia | 5.1 |
Turkey | 4.5 |
Chile | 3.7 |
Singapore | 3.6 |
South Korea | 3.5 |
Russia | 3.1 |
Mexico | 2.9 |
Philippines | 1.8 |
Poland | 1.7 |
Kenya | 1.7 |
China | 1.6 |
Romania | 1.6 |
U. S. | 1.5 |
Belarus | 1.5 |
United Kingdom | 1.5 |
Nigeria | 1.3 |
Netherlands | 1.3 |
Sri Lanka | 1.2 |
Oman | 1.1 |
Lebanon | 1.0 |
Peru | 0.9 |
Israel | 0.9 |
Europe | 0.2 |
Egypt | 0.1 |
*Compositions are subject to change. Figures may not appear to sum due to rounding.
The Fund's ten largest equity holdings as of July 31, 2014, representing 23.9% of net assets, were:
Stock | Percent of Net Assets |
Aeon Malaysia | 3.0 |
Aeroportuario del Centro Norte pls | 2.9 |
Parque Arauco | 2.6 |
Petra Foods | 2.3 |
Arezzo Industria e Comercio | 2.3 |
BS Financial Group | 2.2 |
Cimsa | 2.2 |
Clicks Group | 2.2 |
Spar Group | 2.1 |
Holcim Indonesia | 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 (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 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 www.aberdeenetf.com for additional information.
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SOURCE Aberdeen Emerging Markets Smaller Company Opportunities Fund, Inc.