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.
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