The Indonesia Fund, Inc. Announces Performance Data and Portfolio Composition
February 04 2010 - 3:09PM
PR Newswire (US)
PHILADELPHIA, Feb. 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 December 31, 2009. The Fund's total returns for various periods
through December 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 -6.5
-0.3 -13.7 -0.7 (March 1990) 10-years 164.5 10.2 103.5 7.4 5-years
128.3 17.9 113.7 16.4 3-years 19.4 6.1 -7.9 -2.7 1-year 99.8 107.8
On December 31, 2009, the Fund's net assets amounted to US$84.1
million and the Fund's NAV per share was $10.17. As of December 31,
2009, the portfolio was invested as follows: Percent of Portfolio
Composition Net Assets --------------------- ---------- Financials
20.9 Consumer, Non-Cyclical 18.9 Basic Materials 16.9 Industrials
11.5 Consumer, Cyclical 10.4 Energy 8.7 Communications 8.2 Other
2.1 Utilities 1.8 Diversified 0.6 The Fund's ten largest equity
holdings as of December 31, 2009, representing 68.4% of net assets,
were: Percent of Stock Net Assets ----- ---------- PT Unilever
Indonesia Tbk 10.5 PT Telekomunikasi Tbk 9.8 PT Astra International
Tbk 9.6 Bank OCBC NISP Tbk PT 8.3 PT Holcim Indonesia Tbk 6.0 Ace
Hardware Indonesia 5.3 Overseas Chinese Banking Corporation 4.9
United Overseas Bank Limited 4.8 Jardine Cycle and Carriage Limited
4.6 PT United Tractors Tbk 4.6 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, +1-866-839-5205,
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