Comments
yourfanat wrote: I am using another tool for Oracle developers - dbForge Studio for Oracle. This IDE has lots of usefull features, among them: oracle designer, code competion and formatter, query builder, debugger, profiler, erxport/import, reports and many others. The latest version supports Oracle 12C. More information here.
Cloud Expo on Google News
SYS-CON.TV
Cloud Expo & Virtualization 2009 East
PLATINUM SPONSORS:
IBM
Smarter Business Solutions Through Dynamic Infrastructure
IBM
Smarter Insights: How the CIO Becomes a Hero Again
Microsoft
Windows Azure
GOLD SPONSORS:
Appsense
Why VDI?
CA
Maximizing the Business Value of Virtualization in Enterprise and Cloud Computing Environments
ExactTarget
Messaging in the Cloud - Email, SMS and Voice
Freedom OSS
Stairway to the Cloud
Sun
Sun's Incubation Platform: Helping Startups Serve the Enterprise
POWER PANELS:
Cloud Computing & Enterprise IT: Cost & Operational Benefits
How and Why is a Flexible IT Infrastructure the Key To the Future?
Click For 2008 West
Event Webcasts
Aberdeen Latin America Equity Fund, Inc. Announces Performance Data and Portfolio Composition

PHILADELPHIA, Nov. 6, 2012 /PRNewswire/ -- Aberdeen Latin America Equity Fund, Inc. (the "Fund") (NYSE MKT: LAQ), a closed-end equity fund, announced today its performance data and portfolio composition as of September 30, 2012.

(Logo:  http://photos.prnewswire.com/prnh/20121106/NE07292LOGO)

The Fund's total returns for various periods through September 30, 2012 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

(October 1991)

1,122.8

12.7

997.3

12.1

10-years

 

843.6

25.1

908.5

26.0

5-years

 

25.0

4.6

27.7

5.0

3-years

 

35.9

10.7

35.4

10.6

1-year

25.6

25.4

On September 30, 2012, the Fund's net assets amounted to US$284.3 million and the Fund's NAV per share was $38.17.

As of September 30, 2012, the portfolio was invested as follows:

Portfolio Composition

 

Percent of
Net Assets

 Financials

23.4

 Consumer, Non-Cyclical

19.6

 Basic Materials

13.9

 Industrials

13.2

 Consumer, Cyclical

12.5

 Energy

8.7

 Communications

4.5

 Technology

1.7

 Utilities

1.5

 Cash

0.5

 Diversified

0.5

The Fund's ten largest equity holdings as of September 30, 2012, representing 50.5% of net assets, were:

Stock

 

Percent of

Net Assets

Vale S.A.

9.3

Petroleo Brasileiro S.A.

8.7

Banco Bradesco S.A. (Common Stock)

4.8

Grupo Financiero Banorte, S.A.B. de C.V.

4.5

Fomento Economico Mexicano, S.A.B. de C.V.

4.1

Lojas Renner S.A.

4.0

Multiplan Empreendimentos Imobiliarios S.A.

3.9

America Movil S.A.B. de C.V.

3.8

Natura Cosmeticos S.A.

3.7

Tenaris S.A.

3.7

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 Managers Limited (effective March 1, 2012, 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.

Closed-end funds have a one-time initial public offering and then are subsequently traded on the secondary market through one of the stock exchanges. The investment return and principal value will fluctuate so that an investor's shares may be worth more or less than the original cost. Shares of closed-end funds may trade above (a premium) or below (a discount) the net asset value (NAV) of the fund's portfolio. There is no assurance that a fund will achieve its investment objective. Past performance does not guarantee future results.

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 October 30, 1991.

If you wish to receive this information electronically, please contact: InvestorRelations@aberdeen-asset.com.

SOURCE Aberdeen Latin America Equity Fund, Inc.

About PR Newswire
Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Cloud Developer Stories
With more than 30 Kubernetes solutions in the marketplace, it's tempting to think Kubernetes and the vendor ecosystem has solved the problem of operationalizing containers at scale or of automatically managing the elasticity of the underlying infrastructure that these solutions n...
The deluge of IoT sensor data collected from connected devices and the powerful AI required to make that data actionable are giving rise to a hybrid ecosystem in which cloud, on-prem and edge processes become interweaved. Attendees will learn how emerging composable infrastructur...
When building large, cloud-based applications that operate at a high scale, it's important to maintain a high availability and resilience to failures. In order to do that, you must be tolerant of failures, even in light of failures in other areas of your application. "Fly two mis...
Machine learning has taken residence at our cities' cores and now we can finally have "smart cities." Cities are a collection of buildings made to provide the structure and safety necessary for people to function, create and survive. Buildings are a pool of ever-changing performa...
As Cybric's Chief Technology Officer, Mike D. Kail is responsible for the strategic vision and technical direction of the platform. Prior to founding Cybric, Mike was Yahoo's CIO and SVP of Infrastructure, where he led the IT and Data Center functions for the company. He has more...
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
Click to Add our RSS Feeds to the Service of Your Choice:
Google Reader or Homepage Add to My Yahoo! Subscribe with Bloglines Subscribe in NewsGator Online
myFeedster Add to My AOL Subscribe in Rojo Add 'Hugg' to Newsburst from CNET News.com Kinja Digest View Additional SYS-CON Feeds
Publish Your Article! Please send it to editorial(at)sys-con.com!

Advertise on this site! Contact advertising(at)sys-con.com! 201 802-3021



SYS-CON Featured Whitepapers
ADS BY GOOGLE