Five Closed-End Funds Managed By Aberdeen Announce Name Changes
PHILADELPHIA, March 29 /PRNewswire-FirstCall/ -- The Chile Fund, Inc. (NYSE Amex: CH), The Emerging Markets Telecommunications Fund, Inc. (NYSE Amex: ETF), The First Israel Fund, Inc. (NYSE Amex: ISL), The Indonesia Fund, Inc. (NYSE Amex: IF), and The Latin America Equity Fund, Inc.(NYSE Amex: LAQ) (collectively known as the "Funds"), today announced board-approved name changes for the Funds in order to identify the manager more closely with the Funds and to differentiate them in a competitive market with many known brands. The Funds' investment objectives and AMEX ticker symbols will remain the same. The name changes are as follows:
Prior Fund Name Ticker New Fund Name Web Address The Chile Fund, Inc. CH Aberdeen Chile www.aberdeenCH.com Fund, Inc. The Emerging Markets ETF Aberdeen Emerging www.aberdeenETF.com Telecommunications Markets Telecommun- Fund, Inc. ications Fund, Inc. The First Israel ISL Aberdeen Israel www.aberdeenISL.com Fund, Inc. Fund, Inc. The Indonesia IF Aberdeen Indonesia www.aberdeenIF.com Fund, Inc. Fund, Inc. The Latin America LAQ Aberdeen Latin www.aberdeenLAQ.com Equity Fund, Inc. America Equity Fund, Inc.
For more information, please visit Aberdeen's Closed-End Fund Investor Center at www.aberdeen-asset.us/cef.
Aberdeen Asset Management PLC, parent of Aberdeen Asset Management Investment Services Limited ("AAMISL") and Aberdeen Asset Management Asia Limited ("AAMAL"), was founded in 1983 and has over $232 billion in assets under management and 1,800 staff, across 31 offices in 26 countries, as of Dec. 31, 2009. Aberdeen offers a range of investment vehicles to private and institutional U.S. investors, including mutual funds, closed-end funds and large separate accounts.AAMISL serves as investment adviser to the Aberdeen Chile Fund, Inc., Aberdeen Emerging Markets Telecommunications Fund, Inc., Aberdeen Israel Fund, Inc., and Aberdeen Latin America Equity Fund, Inc. AAMAL serves as investment adviser to the Aberdeen Indonesia Fund, Inc. Both AAMISL and AAMAL are registered investment advisers under the Investment Advisers Act of 1940.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV