Corporate Social Responsibility | Business Wire | PR NewsWire | Marketwire | Realwire | ACN/JCN newswire | 247pressrelease | PRWeb

The Emerging Markets Telecommunications Fund, Inc. Announces Performance Data and Portfolio Composition

Posted : Mon, 02 Nov 2009 17:26:56 GMT
Author : The Emerging Markets Telecommunications Fund, Inc.
Category : Press Release
News Alerts by Email ( click here )
News | Home
PHILADELPHIA, Nov. 2 PA-Aberdeen-ETF-data

PHILADELPHIA, Nov. 2 /PRNewswire-FirstCall/ -- The 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 September 30, 2009.

The Fund's total returns for various periods through September 30, 2009 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       270.5           7.9          243.3              7.4
    (June 1992)
    10-years               83.4           6.3          121.2              8.3
    5-years               104.7          15.4          125.1             17.6
    3-years                22.9           7.1           27.3              8.4
    1-year                        1.4                            19.7

On September 30, 2009, the Fund's net assets amounted to US$155.8 million and the Fund's NAV per share was $18.89.

As of September 30, 2009, the portfolio was invested as follows:

    Portfolio Composition                      Geographic Exposure %


    Hong Kong                                          12.6
    Russia                                              9.9
    India                                               9.4
    Mexico                                              9.0
    Taiwan                                              8.3
    Indonesia                                           7.2
    United States                                       5.8
    South Africa                                        5.5
    Israel                                              5.3
    Malaysia                                            4.5
    Singapore                                           4.5
    Thailand                                            4.4
    Hungary                                             4.3
    Portugal                                            4.3
    Chile                                               2.8
    Poland                                              1.7
    Brazil                                              0.5

The Fund's ten largest equity holdings as of September 30, 2009, representing 65.7% of net assets, were:

    Stock                            Percent of Net Assets

    China Mobile Limited                     11.9
    Bharti Airtel Limited                     9.4
    America Movil SAB de CV                   9.0
    Taiwan Mobile Company Limited             7.8
    Vimpel Communications                     5.5
    Singapore Telecommunications              4.5
    Advanced Info Service                     4.4
    Digi.com Berhad                           4.4
    Mobile Telesystems OJSC                   4.4
    Telekomunikasi TBK                        4.4

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 The Emerging Markets Telecommunications Fund, Inc.


Copyright © 2008 PR Newswire. All rights reserved.

Share/Save/Bookmark

Article : The Emerging Markets Telecommunications Fund, Inc. Announces Performance Data and Portfolio Composition
Print this article
Share this article

Stay Updated

News gadget on your Google homepage
Subscribe to a news feed in Google Reader



Related News

Catch the Wind reports Q3 2009 financial results
Makes considerable progress towards commercialization of laser wind sensing technology MANASSAS, VA, Nov. 25 - Catch the Wind Ltd. (TSX-V: CTW.S), developer and manufacturer of the Vindicator(R) laser wind s...

Research and Markets: This Essential Report Analyzes China's Insurance Industry
DUBLIN - Research and Markets (

AirTran Airways Predicts Busy Thanksgiving Travel Week
ORLANDO, Fla., Nov. 25 -- While the aviation industry predicts significant declines in air travel this Thanksgiving holiday travel week, AirTran Airways, a subsidiary of AirTran Holdings, Inc. (NYSE: AAI), today predicted a slight uptick in the number ...

Goodrich Petroleum to Present at Jefferies Energy Summit
HOUSTON, Nov. 25 -- Goodrich Petroleum Corporation (NYSE: GDP) today announced that the Company's Chief Executive Officer, Walter G. "Gil" Goodrich and President, Robert C. Turnham, Jr., will present at the Jefferies Energy Summit at the Jefferies New Yo...

Goodrich Petroleum to Present at Capital One Southcoast 2009 Energy Conference
HOUSTON, Nov. 25 -- Goodrich Petroleum Corporation (NYSE: GDP) today announced that the Company's Chief Executive Officer, Walter G. "Gil" Goodrich and President, Robert C. Turnham, Jr., will present at the Capital One Southcoast 2009 Energy Conferen...

Record Attendance Expected for Post-Thanksgiving 'Turkey Burn' Adventure Race
ORLANDO, Fla., Nov. 25 /PRNewswire/ -- Adventure race enthusiasts and beginners alike will gather this Saturday, November 28, 2009 on the shores of the beautiful Wekiva River to burn off those extra Thanksgiving pounds. Pangea Adventure Racing presents their annual Turkey Burn Adventur...

Deere Completes Profitable Year in Face of Historic Economic Slowdown
MOLINE, Ill., Nov. 25 -- Deere & Company (NYSE: DE) today announced a worldwide net loss of $222.8 million, or $0.53 per share, for the fourth quarter ended October 31, compared with net income of $345.0 million, or $0.81 per share, for the sam...

Have your Say
Name
Email
Subject
Your Comment

Enter Verification code
 
  

 
Follow The Earth Times
Subscribe to RSS Follow Earth Times on TwitterNews by email
Share/Save/Bookmark
 
 



 
Subscribe to free Earthtimes
News Alerts by Email Click here
For RSS Feeds Click here
or Create your own RSS

Add to Google Toolbar
Breaking News
Press Releases

 


The Earth Times
News Category

© 2009 www.earthtimes.org, The Earth Times, All Rights Reserved | Privacy Policy
Earth Times accept no responsibility or liability either directly or indirectly for views or opinions expressed in articles or comments.