PHILADELPHIA, March 21, 2017 /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 February 28, 2017.
The Fund's total returns for various periods through
February 28, 2017 are provided
below. (All figures are based on distributions reinvested at
the dividend reinvestment price and are stated
net-of-fees):
|
Cumulative as of
02/28/17
|
Annualized as of
02/28/17
|
|
1 Month
|
3 Month
|
YTD
|
1 Year
|
3 Years
|
5 Years
|
10 Years
|
NAV
|
2.0
|
5.3
|
8.8
|
24.4
|
4.7
|
1.4
|
2.9
|
Market
Price
|
2.4
|
4.9
|
8.1
|
22.4
|
3.0
|
-0.1
|
1.5
|
MSCI Golden
Dragon
|
3.5
|
6.0
|
10.3
|
29.9
|
6.4
|
5.5
|
5.5
|
On February 28, 2017, the Fund's
net assets amounted to US$98.9
million and the Fund's NAV per share was US$11.21.
As of February 28, 2017, the
portfolio was invested as follows:
Portfolio
Composition
|
Percent
of
Net Assets
|
Industrials
|
21.0
|
Financials
|
16.1
|
Consumer
Discretionary
|
13.8
|
Real
Estate
|
11.9
|
Information
Technology
|
10.7
|
Telecommunications
|
9.0
|
Consumer
Staples
|
5.6
|
Energy
|
4.1
|
Health
Care
|
4.0
|
Materials
|
1.4
|
Utilities
|
1.3
|
Cash
|
1.0
|
Portfolio
Composition
|
Geographic
Exposure %
|
Hong Kong
|
56.8
|
China
|
29.7
|
Taiwan
|
11.6
|
Singapore
|
1.4
|
United
States
|
0.5
|
The Fund's ten largest equity holdings as of February 28, 2017, representing 46.4% of net
assets, were:
Stock
|
Percent
of
Net
Assets
|
Taiwan
Semiconductor
|
6.7
|
AIA Group
|
6.6
|
Jardine
Strategic
|
6.4
|
MTR
Corporation
|
5.1
|
HSBC
Holdings
|
4.8
|
China
Mobile
|
3.7
|
Taiwan
Mobile
|
3.4
|
Swire
Properties
|
3.4
|
Hang Lung
|
3.1
|
Swire
Pacific
|
3.1
|
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
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/aberdeen-greater-china-fund-inc-announces-performance-data-and-portfolio-composition-300427252.html
SOURCE Aberdeen Greater China Fund, Inc.