Aberdeen Invests 49.7% in Indonesian Consumers Assets

Aberdeen Indonesia Fund, Inc., a closed-end equity fund, invested 49.7% of its total portfolio assets in consumers segment in Indonesia as of September 30, 2017. On September 30, 2017, the Fund’s net assets amounted to U$77.9 million and the Fund’s NAV per share was $8.41. Aberdeen Indonesia invested 30.1% of net assets in consumer staples and 19.6% in consumer discretionary. It also invested 19.5% of net assets in financials, telecommunication 8.7%, materials 6.7%, health care 6.2%, energy 4.1%, industrials 4.1%, and cash 1%. The Fund’s ten largest equity holdings as of September 30, 2017, representing 54.5% of net assets, were Bank Central Asia 9.5%, Bank OCBC NISP 5.5%, Unilever Indonesia 5%, Telekomunikasi Indonesia 4.4%, Indocement 4.3%, XL Axiata 4.3%, HM Sampoerna 4%, and Bank Permata 3.9%.