The Indonesia Fund, Inc. Announces Performance Data and Portfolio Composition
December 04 2009 - 12:13PM
PR Newswire (US)
PHILADELPHIA, Dec. 4 /PRNewswire-FirstCall/ -- The Indonesia Fund,
Inc. (the "Fund") (NYSE AMEX: IF), a closed-end equity fund,
announced today its performance data and portfolio composition as
of October 31, 2009. The Fund's total returns for various periods
through October 31, 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 (March 1990) -15.2 -0.8 -23.2 -1.3 10-years 157.7 9.9
79.2 6.0 5-years 137.9 18.9 124.7 17.6 3-years 22.0 6.9 2.6 0.9
1-year 111.2 139.2 On October 31, 2009, the Fund's net assets
amounted to US$85.0 million and the Fund's NAV per share was
$10.28. As of October 31, 2009, the portfolio was invested as
follows: Percent of Net Portfolio Composition Assets Consumer,
Cyclical 24.0 Consumer, Non-Cyclical 19.5 Financials 19.5
Communications 13.4 Industrials 11.9 Utilities 4.5 Basic Materials
4.3 Other 2.9 The Fund's ten largest equity holdings as of October
31, 2009, representing 67.3% of net assets, were: Percent of Net
Stock Assets PT Unilever Indonesia Tbk 10.4 PT Astra International
Tbk 10.0 PT Telekomunikasi Tbk 9.3 Bank OCBC NISP Tbk PT 7.0 PT
Holcim Indonesia Tbk 6.7 Ace Hardware Indonesia 5.7 PT United
Tractors Tbk 4.7 Oversea Chinese Banking Corporation 4.5 Perusahaan
Gas Negara PT 4.5 United Overseas Bank Limited 4.5 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 Asia 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
March 9, 1990. If you wish to receive this information
electronically, please contact: DATASOURCE: The Indonesia Fund,
Inc. CONTACT: Aberdeen Asset Management Inc. Investor Relations,
+866-839-5205, Web Site: http://www.aberdeen-asset.com/
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