PHILADELPHIA, Aug. 18, 2015 /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 July 31,
2015.
The Fund's total returns for various periods through
July 31, 2015 are provided below.
(All figures are based on distributions reinvested at the dividend
reinvestment price and are stated
net-of-fees):
|
Cumulative as of
07/31/15
|
Annualized as of
07/31/15
|
|
1 Month
|
3 Month
|
YTD
|
1 Year
|
3 Years
|
5 Years
|
10 Years
|
NAV
|
-4.1
|
-8.9
|
2.3
|
-1.8
|
4.7
|
1.0
|
8.2
|
Market
Price
|
-4.2
|
-11.9
|
-2.2
|
-7.7
|
2.2
|
-0.3
|
7.4
|
MSCI Golden
Dragon
|
-7.8
|
-13.5
|
2.8
|
1.2
|
11.0
|
6.7
|
8.5
|
On July 31, 2015, the Fund's net
assets amounted to US$105.1 million
and the Fund's NAV per share was $11.53.
As of July 31, 2015, the portfolio
was invested as follows:
Portfolio
Composition
|
Percent
of
Net Assets
|
Financials
|
33.3
|
Industrials
|
17.4
|
Consumer
Discretionary
|
13.0
|
Information
Technology
|
11.2
|
Telecommunications
|
7.8
|
Energy
|
5.4
|
Consumer
Staples
|
4.1
|
Health
Care
|
1.5
|
Materials
|
1.3
|
Utilities
|
1.2
|
Cash
|
3.8
|
Portfolio
Composition
|
Geographic
Exposure %
|
Hong Kong
|
61.1
|
China
|
24.5
|
Taiwan
|
12.9
|
Singapore
|
1.1
|
United
States
|
0.4
|
The Fund's ten largest equity holdings as of July 31, 2015, representing 51.2% of net assets,
were:
Stock
|
Percent
of
Net
Assets
|
AIA Group
|
8.1
|
Taiwan
Semiconductor
|
7.0
|
Jardine
Strategic
|
6.6
|
HSBC
Holdings
|
6.6
|
MTR
Corporation
|
5.0
|
Swire
Pacific
|
3.8
|
Swire
Properties
|
3.8
|
China
Mobile
|
3.6
|
Taiwan
Mobile
|
3.4
|
Hang Lung
|
3.3
|
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. 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.