PHILADELPHIA, Sept. 21, 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 August 31,
2015.
The Fund's total returns for various periods through
August 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
08/31/15
|
Annualized as of
08/31/15
|
|
1 Month
|
3 Month
|
YTD
|
1 Year
|
3 Years
|
5 Years
|
10 Years
|
NAV
|
-9.2
|
-16.2
|
-7.1
|
-13.1
|
1.5
|
-0.5
|
7.3
|
Market
Price
|
-10.9
|
-19.6
|
-12.9
|
-19.6
|
-1.8
|
-2.1
|
6.2
|
MSCI Golden
Dragon
|
-10.9
|
-21.3
|
-8.5
|
-10.7
|
7.0
|
4.5
|
7.6
|
On August 31, 2015, the Fund's net
assets amounted to US$95.3 million
and the Fund's NAV per share was US$10.47.
As of August 31, 2015, the
portfolio was invested as follows:
Portfolio
Composition
|
Percent
of
Net Assets
|
Financials
|
32.7
|
Industrials
|
19.2
|
Consumer
Discretionary
|
12.9
|
Information
Technology
|
10.9
|
Telecommunications
|
8.1
|
Energy
|
5.2
|
Consumer
Staples
|
2.8
|
Health
Care
|
1.4
|
Utilities
|
1.2
|
Materials
|
1.0
|
Cash
|
4.5
|
Portfolio
Composition
|
Geographic
Exposure %
|
Hong Kong
|
61.2
|
China
|
23.3
|
Taiwan
|
12.5
|
United
States
|
1.5
|
Singapore
|
1.4
|
The Fund's ten largest equity holdings as of August 31, 2015, representing 51.1% of net
assets, were:
Stock
|
Percent
of
Net
Assets
|
AIA Group
|
7.6
|
Taiwan
Semiconductor
|
7.0
|
Jardine
Strategic
|
6.9
|
HSBC
Holdings
|
6.4
|
MTR
Corporation
|
5.6
|
Swire
Properties
|
4.0
|
China
Mobile
|
3.7
|
Swire
Pacific
|
3.6
|
Taiwan
Mobile
|
3.4
|
Hang Lung
|
2.9
|
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.