Aberdeen Asia-Pacific Income Investment Company Limited Announces Monthly
TORONTO, Jan. 10, 2013 /CNW/ - Aberdeen Asia-Pacific Income Investment Company
Limited (TMX: FAP) (the "Company"), a closed-end investment company trading on
The Toronto Stock Exchange, announced today that it will pay a monthly
distribution of CAD 5.0 cents per ordinary share on February 15, 2013 to all
ordinary shareholders of record as of January 31, 2013.
(Logo: http://photos.prnewswire.com/prnh/20121106/NE07292LOGO )
For the 12 months to December 31, 2012, the Company has paid total
distributions amounting to CAD 60.0 cents per ordinary share.
The policy of the Company's Board of Directors is to maintain a stable monthly
distribution out of net investment income, supplemented by available realized
capital gains and paid-in capital as required. This policy is subject to
regular review at the Board's quarterly meetings. The next review is scheduled
to take place in March 2013.
Shareholders with registered addresses in Canada will receive distributions in
Canadian dollars unless they have elected otherwise. Although a portion of the
amount distributed is recorded as a return of capital for financial statement
purposes, the full amount of the distribution will be foreign income for
Canadian income tax purposes.
The Company is managed by Aberdeen Asset Management Asia Limited, advised by
Aberdeen Asset Management Limited and sub-advised by Aberdeen Asset Managers
Information in this press release that is not current or historical factual
information may constitute forward-looking information within the meaning of
securities laws. Implicit in this information, particularly in respect of
future financial performance and condition of the Company, are factors and
assumptions which, although considered reasonable by the Company at the time
of preparation, may prove to be incorrect. Shareholders are cautioned that
actual results are subject to a number of risks and uncertainties, including
general economic and market factors, including credit, currency, political and
interest-rate risks and could differ materially from what is currently
expected. The Company has no specific intention of updating any
forward-looking information whether as a result of new information, future
events or otherwise, except as required by law.
Closed-end funds are traded on the secondary market through one of the stock
exchanges. The Company's investment return and principal value will fluctuate
so that an investor's shares may be worth more or less than the original cost.
Shares of closed-end funds may trade above (a premium) or below (a discount)
the net asset value (NAV) of the Company's portfolio. There is no assurance
that the Fund will achieve its investment objective. Past performance does not
guarantee future results.
If you If you wish to receive this information electronically, please contact
Investor Relations, Aberdeen Asset Management Inc., 1-800-992-6341,
PRN Photo Desk, email@example.com
SOURCE: Aberdeen Asia-Pacific Income Investment Company Limited
To view this news release in HTML formatting, please use the following URL:
CO: Aberdeen Asia-Pacific Income Investment Company Limited
NI: FIN FND DIV
-0- Jan/10/2013 17:04 GMT
Press spacebar to pause and continue. Press esc to stop.