AberdeenEmergingMarketsInvestmentCompanyLimitedLSE_AEMC_2016-5dc7f28baa9a.pdf

1、Aberdeen Emerging Markets Investment Company Limited(Formerly Advance Developing Markets Fund Limited)A UK listed investment company,seeking consistent returns from a diversified portfolio of emerging market fundsAnnual Report And Financial StatementsFor the year ended 31 October 2016ContentsOvervie

2、wChairmans Statement 1Strategic ReportInvestment Managers Report 2PortfolioInvestments 5Asset Allocation 6GovernanceDirectors Report 7Corporate Governance 13Report of the Audit Committee 18Statement of Directors Responsibilities 19Directors Remuneration Report 20Depository Report 22Financial Stateme

3、ntsIndependent Auditors Report 23Statement of Comprehensive Income 25Statement of Financial Position 26Statement of Changes in Equity 27Statement of Cash Flow 28Notes to the Financial Statements 29Corporate InformationInvestor Information(unaudited)45AIFMD Disclosures(unaudited)48Notice of Annual Ge

4、neral Meeting 49Form of Proxy 51Directors,Investment Manager and Advisers inside back coverInvestment ObjectiveThe Companys investment objective is to achieve consistent returns for Shareholders in excess of the MSCI Emerging Markets Net Total Return Index in Sterling terms(the Benchmark).Performanc

5、eFor the year ended 31 October 2016Net Asset Value(NAV)per share1 36.4%Share price mid market2 36.1%MSCI Emerging Markets Net Total Return Index in Sterling terms 37.7%As at 31 October 2016 NAV per share3 618.8pOrdinary share price mid market 545.0pNet Assets 320.2m1 Measured against a closing NAV a

6、t 31 October 2015 of 453.5p2 Measured against a closing mid-market ordinary share price at 31 October 2015 of 400.4p3 See note 13 in the Notes to the Financial Statements for basis of calculationThe Annual Report can be downloaded in electronic format from aberdeenemergingmarkets.co.uk1Aberdeen Emer