Aberdeen Australia Equity Fund, Inc. is a closed-end fund. The Fund’s principal investment objective is long-term capital appreciation through investment primarily in equity securities of Australian companies listed on the Australian Stock Exchange Limited. The Fund’s secondary investment objective is current income. The Fund’s market capitalization is $171.023 million. The Fund’s portfolio consists of financials, materials, consumer staples, utilities, consumer discretionary, property trusts, telecommunications and other sectors. The Fund’s manager is Aberdeen Asset Management Asia Limited.