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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
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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.


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