Aberdeen Invests 49.5% in Indonesian Consumers Assets

Aberdeen Indonesia Fund, Inc., a closed-end equity fund, invested 49.5% of its total portfolio assets in consumers segment in Indonesia as of April 30, 2017. On April 30, 2017, the Fund’s net assets amounted to US$76.5 million and the Fund’s NAV per share was $8.26. Aberdeen Indonesia invested 28.2% of net assets in consumer staples and 21.3% in consumer discretionary. It also invested 16.9% of net assets in financials, telecommunication 8.2%, materials 8%, health care 5.6%, industrial 5.3%, energy 5.3%, and cash 1.2%. The Fund’s ten largest equity holdings as of April 30, 2017, representing 53.5% of net assets, were Bank Central Asia 7.7%, Bank OCBC NISP 5.5%, Unilever Indonesia 4.7%, XL Axiata 4.1%, AKR Corporindo 4.1%, Astra International 4%, Telekomunikasi Indonesia 4%, and Indocement Tunggal Prakarsa 4%.