AMEX: IAF       Aberdeen Australia Equity Fund Inc
Last Price Today's Change   Day's Range   Trading Volume
5.41   +0.05 (0.93%)  5.39 - 5.431  33,200


Avg Volume (4 weeks):70,572
4 Weeks Range:5.19 - 5.45
4 Weeks Price Volatility (%):
52 Weeks Range:4.63 - 5.64
52 Weeks Price Volatility (%):
Average Price Target:-


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Business Background

Aberdeen Australia Equity Fund Inc is active in the financial services domain in the United States. It is a closed-end investment management company managed by Aberdeen Asset Management Limited. With a core focus on long-term capital appreciation, it follows a strategy of investing primarily in equity securities listed on the Australian Stock Exchange. Its secondary objective is current income, which it expects to derive from dividends and interest on Australian corporate and governmental securities. The company's investment portfolio is dominated by securities in the financial sector and to a lesser extent by healthcare, utilities, energy and telecommunication services.

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