Aberdeen Greater China Fund, Inc. Announces Performance Data And Portfolio Composition

Feb 22, 2016, 09:00 ET from Aberdeen Greater China Fund, Inc.

PHILADELPHIA, Feb. 22, 2016 /PRNewswire/ -- Aberdeen Greater China Fund, Inc. (the "Fund") (NYSE: GCH), a closed-end equity fund, announced today its performance data and portfolio composition as of January 31, 2016. 

The Fund's total returns for various periods through January 31, 2016 are provided below.  (All figures are based on distributions reinvested at the dividend reinvestment price and are stated net-of-fees):    


Cumulative as of 01/31/16

Annualized as of 01/31/16


1 Month

3 Month

YTD

1 Year

3 Years

5 Years

10 Years

NAV

-8.9

-9.1

-8.9

-14.1

-6.0

-4.1

5.9

Market Price

-9.5

-11.8

-9.5

-17.7

-10.5

-5.3

4.2

MSCI Golden
Dragon

-10.0

-13.6

-10.0

-18.6

-2.2

-0.8

5.4

On January 31, 2016, the Fund's net assets amounted to US$82.9 million and the Fund's NAV per share was US$9.17.

As of January 31, 2016, the portfolio was invested as follows:

Portfolio Composition

Percent of
Net Assets

Financials

31.9

Industrials

19.4

Consumer Discretionary

13.3

Information Technology

11.1

Telecommunications

9.2

Energy

4.7

Health Care

3.1

Consumer Staples

2.2

Utilities

1.3

Materials

0.9

Cash

2.8

 

Portfolio Composition

Geographic Exposure %

Hong Kong

58.7

China

27.8

Taiwan

11.9

Singapore

1.4

United States

0.2

The Fund's ten largest equity holdings as of January 31, 2016, representing 51.6% of net assets, were:

Stock

Percent of

Net Assets

Taiwan Semiconductor

7.9

AIA Group

7.8

Jardine Strategic

7.0

HSBC Holdings

6.3

MTR Corporation

4.9

China Mobile

4.1

Taiwan Mobile

4.0

Swire Pacific

3.5

Swire Properties

3.5

Hang Lung

2.7

Important Information
Aberdeen Asset Management Inc. has prepared this report based on information sources believed to be accurate and reliable. However, the figures are unaudited and neither the Fund, Aberdeen Asset Management Asia Limited (the Investment Manager), nor any other person guarantees their accuracy. Investors should seek their own professional advice and should consider the investment objectives, risks, charges and expenses before acting on this information. Aberdeen is a U.S. registered service mark of Aberdeen Asset Management PLC.

Closed-end funds are traded on the secondary market through one of the stock exchanges. The Fund'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 fund's portfolio. There is no assurance that the Fund will achieve its investment objective.

Total return figures with distributions reinvested at the dividend reinvestment price are stated net-of-fees and represents past performance. Past performance is not indicative of future results, current performance may be higher or lower. Holdings are subject to change and are provided for informational purposes only and should not be deemed as a recommendation to buy or sell the securities shown.  Inception date July 23, 1992.

If you wish to receive this information electronically, please contact: InvestorRelations@aberdeen-asset.com

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SOURCE Aberdeen Greater China Fund, Inc.



RELATED LINKS

http://www.aberdeengch.com/