Aberdeen Invests 47.1% in Indonesian Consumers Assets

Aberdeen Indonesia Fund, Inc., a closed-end equity fund, invested 47.1% of its total portfolio assets in consumers segment in Indonesia as of March 31, 2018. On March 31, 2018, the Fund’s net assets amounted to US$73.3 million and the Fund’s NAV per share was $7.91.

Aberdeen Indonesia invested 26.6% of net assets in consumer staples and 20.5% in consumer discretionary. It also invested 19.8% of net assets in financials, telecommunication 10.7%, materials 7.5%, energy 5.2%, health care 4.4%, industrials 3.7%, and cash 1.6%.

The Fund’s ten largest equity holdings as of March 31, 2018, representing 60.8% of net assets, were Bank Central Asia 12.6%, Telekomunikasi Indonesia 7.8%, Indocement 5.5%, Unilever Indonesia 5.2%, HM Sampoerna 4.3%, Mandom Indonesia 3.7%, ACE Hardware 3.5%, and Bank Permata 3.4%.