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Wednesday, February 10, 2010, 11:26AM ET - U.S. Markets close in 4 hours and 34 minutes. Dow Down 0.41% Nasdaq Down 0.54%
Aberdeen Australia Equity Fund Inc. (IAF)At 11:00AM ET: 10.605  Down 0.114 (1.06%)  
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Aberdeen Australia Equity Fund Inc.
800 Scudders Mill Road
Plainsboro, NJ 08536
United States - Map
Phone: 866-839-5205
Web Site: http://www.aberdeenasset.com.au

DETAILS 
Index Membership:N/A
Sector:Financial
Industry:Closed-End Fund - Foreign
Full Time Employees:N/A

BUSINESS SUMMARY 
Aberdeen Australia Equity Fund Inc. is a closed-ended equity mutual fund launched by Aberdeen Asset Management Asia Limited. The fund is managed by Aberdeen Asset Management Limited. It invests in the public equity markets of Australia. The fund makes its investments in firms operating across diversified industries including metals and minerals, natural resources, construction, electronics, food, appliances and household goods, transport, tourism, media, and financial institutions. It considers factors such as growth prospects, competitive positions in domestic and export markets, technology, research and development, productivity, labor and raw material costs, profit margins, return on investment, capital resources, quality of management, and government regulation for selecting individual securities. The fund benchmarks the performance of its portfolio against the S&P/ASX 200. Aberdeen Australia Equity Fund Inc. was formed in December 19, 1985 and is domiciled in New Jersey.
Key Statistics

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    KEY EXECUTIVES 
     PayExercised
    Mr. Hugh Young , 51
    Portfolio Mang., Director, Managing Director of Aberdeen Asset Management Asia Limited and Member of Exec. Management Committee of Aberdeen Asset Management PLC
    $ 0N/A
    Mr. Christian Alexander Pittard , 36
    Pres
    N/A N/A
    Mr. Martin James Gilbert , 55
    VP, Chief Exec. of Aberdeen Asset Management PLC, Exec. Director of Aberdeen Asset Management PLC, Director of Aberdeen Asset Management Asia Limited of Aberdeen Asset Management Limited
    N/A N/A
    Mr. Peter John Hames , 48
    Portfolio Mang. of Aberdeen Asset Management Asia Limited
    N/A N/A
    Mr. Augustine Mark Daniels , 54
    VP, Portfolio Mang. of Aberdeen Asset Management Limited - Investment Adviser
    N/A N/A
    Dollar amounts are as of 31-Dec-09 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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