Abrdn Australia Equity Fund Inc (IAF)

$4.15

+0.16 (+4.01%)
Rating:
Recommendation:
-
Symbol IAF
Price $4.15
Beta 1.071
Volume Avg. 0.04M
Market Cap 101.175M
Shares () -
52 Week Range 3.98-6.39
1y Target Est -
DCF Unlevered IAF DCF ->
DCF Levered IAF LDCF ->
ROE -
ROA -
Operating Margin -
Debt / Equity -
P/E 83 Strong Buy
P/B -
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Quarter

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Mr. Martin James Gilbert C.A., L.L.B., M.A., MA, MA LLB LLD CA, LLB, LLD, C
Financial Services
Asset Management
New York Stock Exchange

Abrdn Australia Equity Fund Inc is a closed ended equity mutual fund launched and managed by Aberdeen Standard Investments (Asia) Limited. The fund is managed by Aberdeen Standard Investments Australia Limited. It invests in the public equity markets of Australia. The fund makes its investments in firms operating across diversified sectors. It employs fundamental analysis with a bottom-up and top-down stock picking approach with focus on factors like 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 to create its portfolio. The fund benchmarks the performance of its portfolio against the S&P ASX 200 Accumulation Index. It also uses proprietary research to create its portfolio. The Aberdeen Australia Equity Fund Inc. was previously known as The First Australia Fund, Inc. Abrdn Australia Equity Fund Inc was formed in September 30, 1985 and is domiciled in the United States.