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.
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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.