Aberdeen Invests 48.7% in Indonesian Consumers Assets

Aberdeen Indonesia Fund, Inc., a closed-end equity fund, invested 48.7% of its total portfolio assets in consumers segment in Indonesia as of August 31, 2017. On August 31, 2017, the Fund’s net assets amounted to U$78.1 million and the Fund’s NAV per share was $8.43. Aberdeen Indonesia invested 29.3% of net assets in consumer staples and 19.4% in consumer discretionary. It also invested 18.5% of net assets in financials, telecommunication 8.6%, materials 6.9%, health care 6.3%, industrials 5.1%, energy 4%, and cash 1.8%. The Fund’s ten largest equity holdings as of August 31, 2017, representing 54.5% of net assets, were Bank Central Asia 8.5%, Bank OCBC NISP 5.6%, Unilever Indonesia 5.2%, Indocement 4.6%, Telekomunikasi Indonesia 4.5%, XL Axiata 4.1%, Bank Permata 4%, and AKR Corporindo 4%.