Aberdeen Emerging Markets Telecommunications Fund, Inc. Announces Performance Data and Portfolio Composition
Posted on April 01, 2010 at 12:07 PM EDT

PHILADELPHIA, April 1 /PRNewswire-FirstCall/ -- Aberdeen 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 February 28, 2010.

The Fund's total returns for various periods through February 28, 2010 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    265.0         7.6          215.0            6.7
    (June 1992)
    10-years             2.5         0.3           13.2            1.3
    5-years             63.6        10.3           60.6            9.9
    3-years             -2.0        -0.7           -8.9           -3.1
    1-year                    47.2                         46.2
    

On February 28, 2010, the Fund's net assets amounted to US$152.3 million and the Fund's NAV per share was $18.47.

As of February 28, 2010, the portfolio was invested as follows:

    
    
    
    Portfolio Composition             Geographic Exposure %
    Hong Kong                                  12.9
    Mexico                                      9.3
    Russia                                      9.3
    Taiwan                                      8.1
    India                                       7.9
    Indonesia                                   7.3
    Israel                                      6.2
    Malaysia                                    4.8
    Thailand                                    4.6
    Portugal                                    4.3
    Singapore                                   4.3
    South Africa                                3.8
    Kenya                                       3.5
    United States                               3.5
    Chile                                       3.2
    Croatia                                     2.8
    Morocco                                     2.2
    Hungary                                     1.7
    Brazil                                      0.3

The Fund's ten largest equity holdings as of February 28, 2010, representing 66.0% of net assets, were:

    
    
    
    Stock                                                  Percent of
                                                           Net Assets
    China Mobile Limited                                     12.1
    America Movil SAB de CV                                   9.3
    Taiwan Mobile Company Limited                             8.0
    Bharti Airtel Limited                                     7.9
    Bezeq Israeli Telecommunications Corporation Limited      5.3
    Mobile Telesystems OJSC                                   5.3
    Digi.com Berhad                                           4.8
    Advanced Information Services Company Limited             4.5
    Telekomunikasi TBK                                        4.5
    Portugal Telecom                                          4.3

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: InvestorRelations@aberdeen-asset.com

SOURCE Aberdeen Emerging Markets Telecommunications Fund, Inc.

Related Stocks:
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Telekurs USA
Postage Rates Bots go here