PHILADELPHIA, March 19, 2013 /PRNewswire/ -- The
Greater China Fund, Inc. (the "Fund") (NYSE: GCH), a closed-end
equity fund, announced today its portfolio composition as of
January 31, 2013.
(Logo: http://photos.prnewswire.com/prnh/20121106/NE07292LOGO
)
On January 31, 2013, the Fund's
net assets amounted to US$331.0
million and the Fund's NAV per share was $13.64.
The Fund's ten largest equity holdings as of January 31, 2013, representing 34.4% of total
assets, were:
|
Holdings
|
Percent
of
Total
Assets
|
|
Taiwan
Semiconductor Manufacturing Co. Ltd.
|
5.9
|
|
Industrial
& Commercial Bank of China Ltd.
|
5.2
|
|
China
Construction Bank Corporation
|
3.6
|
|
AIA Group
Ltd.
|
3.5
|
|
China Life
Insurance Co Ltd.
|
3.1
|
|
China
Mobile Ltd.
|
2.9
|
|
Hutchison
Whampoa Ltd.
|
2.9
|
|
Hon Hai
Precision Industry Company
|
2.5
|
|
China
Pacific Insurance Group
|
2.4
|
|
Tencent
Holdings Ltd.
|
2.4
|
As of January 31, 2013, the sector
allocation of the Fund was as follows:
|
Sector
Allocation *
|
Percent
of
Net
Assets
|
|
Financials
|
39.7
|
|
Industrials
|
12.1
|
|
Technology
|
10.6
|
|
Communications
|
9.9
|
|
Consumer,
Cyclical
|
8.2
|
|
Energy
|
6.4
|
|
Diversified
|
4.8
|
|
Basic
Materials
|
2.9
|
|
Utilities
|
2.1
|
|
Other
|
1.9
|
|
Consumer,
Non-Cyclical
|
1.4
|
* The classification shown in the Sector Allocation chart may be
comprised of more than one industry group.
As of January 31, 2013, the
currency exposure of the Fund was as follows:
|
Currency Exposure
|
Percent
of
Net
Assets
|
|
Hong Kong
Dollar
|
74.5
|
|
Taiwan
Dollar
|
21.1
|
|
U.S.
Dollar
|
4.4
|
Important Information
This report has been prepared
based on information sources believed to be accurate and
reliable. However, the figures are unaudited and neither the
Fund, the Administrator, 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. Past performance does not
guarantee future results.
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.
If you wish to receive this information electronically, please
contact: InvestorRelations@aberdeen-asset.com
SOURCE The Greater China Fund, Inc.