PHILADELPHIA, Feb. 23, 2018 /PRNewswire/ -- Aberdeen
Singapore Fund, Inc. (the "Fund") (NYSE: SGF), a closed-end
equity fund, announced today its performance data and portfolio
composition as of January 31,
2018.
The Fund's total returns for various periods through
January 31, 2018 are provided below.
(All figures are based on distributions reinvested at the dividend
reinvestment price and are stated net-of-fees):
|
Cumulative as of
01/31/18
|
Annualized as of
01/31/18
|
|
1 Month
|
3 Month
|
YTD
|
1 Year
|
3 Years
|
5 Years
|
10
Years
|
Since
Inception
|
NAV
|
7.1
|
10.0
|
7.1
|
31.3
|
7.9
|
4.1
|
4.8
|
5.6
|
Market
Price
|
7.2
|
10.1
|
7.2
|
43.6
|
9.1
|
4.3
|
4.5
|
5.0
|
MSCI
Singapore
|
6.4
|
11.6
|
6.4
|
33.2
|
7.2
|
4.5
|
5.7
|
6.8
|
On January 31, 2018, the Fund's
net assets amounted to US$108.5
million and the Fund's NAV per share was US$14.60.
As of January 31, 2018, the
portfolio was invested as follows:
Portfolio
Composition
|
Percent of
Net Assets
|
Financials
|
32.0
|
Industrials
|
22.5
|
Real
Estate
|
21.0
|
Information
Technology
|
6.1
|
Telecommunications
|
5.9
|
Consumer
Discretionary
|
4.3
|
Health
Care
|
4.2
|
Consumer
Staples
|
2.2
|
Materials
|
0.1
|
Cash
|
1.7
|
The Fund's ten largest equity holdings as of January 31, 2018, representing 64.2% of net
assets, were:
Stock
|
Percent
of Net
Assets
|
Oversea-Chinese
Banking Corporation
|
11.9
|
DBS Group
Holdings
|
10.1
|
United Overseas
Bank
|
6.9
|
Keppel
Corporation
|
6.1
|
City
Developments
|
6.1
|
Singapore
Telecom
|
5.9
|
Venture
Corporation
|
5.7
|
ComfortDelGro
Corporation Ltd.
|
3.9
|
Jardine
Matheson
|
3.9
|
Jardine Cycle and
Carriage
|
3.7
|
Important Information
Aberdeen Asset Management Inc.
(the "Administrator") has prepared this report 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. The Investment Manager and the Administrator are
each a subsidiary of Aberdeen Asset Management PLC ("Aberdeen
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
31, 1990.
If you wish to receive this information electronically, please
contact: InvestorRelations@aberdeenstandard.com
View original content with
multimedia:http://www.prnewswire.com/news-releases/aberdeen-singapore-fund-inc-announces-performance-data-and-portfolio-composition-300603523.html
SOURCE Aberdeen Singapore Fund, Inc.