Aberdeen Australia Equity Fund, Inc. is a closed ended equity mutual fund launched and managed 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 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. Aberdeen Australia Equity Fund, Inc. was formed in September 30, 1985 and is domiciled in the United States. The company trades on NYSE exchange. The company headquarter is located in Sydney, NSW.
| Ticker | IAF |
| Long Name | Aberdeen Australia Equity Fund Inc |
| Short Name | Aberdeen Australia Equity Fund |