PHILADELPHIA, Jan. 24, 2018 /PRNewswire/ -- Aberdeen
Emerging Markets Smaller Company Opportunities Fund,
Inc.1 (the "Fund") (NYSE American: ABE)2,
a closed-end equity fund, announced today its performance data and
portfolio composition as of December 31,
2017.
The Fund's total returns for various periods through
December 31, 2017 are provided
below. (All figures are based on distributions reinvested at
the dividend reinvestment price and are stated
net-of-fees):
|
Cumulative as of
12/31/17
|
Annualized as of
12/31/17
|
|
1 Month
|
3 Month
|
YTD
|
1 Year
|
3 Years
|
5 Years
|
10 Years
|
Since
Inception
|
|
NAV
|
3.9
|
2.7
|
24.3
|
24.3
|
3.8
|
0.6
|
-0.3
|
6.7
|
|
Market
Price
|
3.3
|
4.6
|
31.1
|
31.1
|
4.3
|
0.8
|
-0.9
|
6.2
|
|
MSCI Emerging Markets
Small Cap
|
3.7
|
9.3
|
34.2
|
34.2
|
8.7
|
5.7
|
3.1
|
n/a3
|
On December 31, 2017, the Fund's
net assets amounted to US$152.6
million and the Fund's NAV per share was US$16.08.
As of December 31, 2017, the
portfolio was invested as follows:
|
Portfolio
Composition
|
Percent
of
Net
Assets
|
|
Consumer
Staples
|
17.2
|
|
Industrials
|
16.8
|
|
Consumer
Discretionary
|
15.2
|
|
Materials
|
11.9
|
|
Real
Estate
|
10.2
|
|
Information
Technology
|
9.3
|
|
Financials
|
8.0
|
|
Health
Care
|
7.2
|
|
Energy
|
1.4
|
|
Cash
|
2.7
|
|
Portfolio
Composition
|
Geographic
Exposure %
|
|
India
|
15.4
|
|
Brazil
|
10.6
|
|
Indonesia
|
7.5
|
|
Turkey
|
6.2
|
|
South
Africa
|
5.9
|
|
China
|
5.7
|
|
Thailand
|
4.8
|
|
Malaysia
|
4.5
|
|
United
States
|
4.4
|
|
South
Korea
|
4.2
|
|
Philippines
|
3.4
|
|
Chile
|
3.4
|
|
Mexico
|
3.0
|
|
Hong Kong
|
2.8
|
|
Netherlands
|
2.6
|
|
Taiwan
|
2.0
|
|
Poland
|
1.9
|
|
Nigeria
|
1.7
|
|
Sri Lanka
|
1.7
|
|
Romania
|
1.6
|
|
Egypt
|
1.3
|
|
Kenya
|
1.0
|
|
Russia
|
1.0
|
|
Argentina
|
0.8
|
|
Pakistan
|
0.8
|
|
United
Kingdom
|
0.7
|
|
Peru
|
0.6
|
|
Israel
|
0.3
|
|
Luxembourg
|
0.1
|
The Fund's ten largest equity holdings as of December 31, 2017, representing 27.2% of net
assets, were:
|
Stock
|
Percent
of
Net
Assets
|
|
Parque
Arauco
|
3.4
|
|
Godrej Consumer
Products
|
3.0
|
|
Grupo Aeroportuario
del Centro Norte
|
3.0
|
|
Pacific Basin
Shipping
|
2.8
|
|
Ramco Cements
Ltd.
|
2.7
|
|
Kansai Nerolac
Paints
|
2.6
|
|
ASM
International
|
2.6
|
|
ACE Hardware
Indonesia
|
2.5
|
|
Piramal
Enterprises
|
2.4
|
|
AKR
Corporindo
|
2.2
|
Important Information
Aberdeen Asset Management Inc.
(the "Administrator") has prepared this report based on information
sources believed to be accurate and reliable. However, the
figures are unaudited and neither the Fund, the Administrator,
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. The Investment Adviser and the Administrator are
each a subsidiary of Aberdeen Asset Management PLC ("Aberdeen
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@aberdeenstandard.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 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.