PHILADELPHIA, Aug. 21, 2017 /PRNewswire/ -- Aberdeen Chile Fund, Inc. (the "Fund") (NYSE MKT: CH), a
closed-end equity fund, announced today its performance data and portfolio composition as of July 31,
2017.
The Fund's total returns for various periods through July 31, 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 07/31/17
|
Annualized as of 07/31/17
|
|
1 Month
|
3 Month
|
YTD
|
1 Year
|
3 Years
|
5 Years
|
10 Years
|
Since Inception
|
|
NAV
|
8.5
|
8.2
|
21.0
|
20.2
|
4.9
|
-2.3
|
1.9
|
11.4
|
|
Market Price
|
8.5
|
8.8
|
28.9
|
22.1
|
-1.0
|
-4.9
|
1.0
|
10.6
|
|
MSCI Chile Index
|
8.9
|
8.2
|
24.5
|
21.7
|
3.6
|
-3.4
|
2.2
|
n/a¹
|
|
1 There is no since inception figure for the MSCI Chile Index
because the inception date of the Index is January 1, 2001. The inception date of the Fund is September 27,
1989.
|
On July 31, 2017, the Fund's net assets amounted to US$81.5
million and the Fund's NAV per share was US$8.71.
As of July 31, 2017, the portfolio was invested as follows:
|
Portfolio Composition
|
Percent of
Net Assets
|
|
Consumer Staples
|
22.8
|
|
Financials
|
18.2
|
|
Consumer Discretionary
|
12.8
|
|
Utilities
|
11.4
|
|
Industrials
|
7.5
|
|
Real Estate
|
7.1
|
|
Materials
|
5.5
|
|
Energy
|
4.4
|
|
Health Care
|
4.0
|
|
Information Technology
|
2.9
|
|
Telecommunications
|
2.5
|
|
Cash
|
0.9
|
The Fund's ten largest equity holdings as of July 31, 2017, representing 63.9% of net assets,
were:
|
Stock
|
Percent of
Net Assets
|
|
S.A.C.I. Falabella
|
10.3
|
|
Banco Santander Chile
|
10.0
|
|
Parque Arauco
|
7.1
|
|
Enel Americas
|
6.1
|
|
Embotelladora Andina
|
5.8
|
|
Banco de Chile
|
5.6
|
|
Sociedad Quimica y Minera de Chile
|
5.5
|
|
Cencosud SA
|
4.7
|
|
Empresas Copec
|
4.4
|
|
Cia Cervecerias Unidas
|
4.4
|
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 Managers
Limited (the "Investment Adviser"), 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 Adviser and the Administrator are each a subsidiary of Aberdeen Asset Management PLC ("Aberdeen
PLC"). The merger of Standard Life plc and Aberdeen PLC, announced on March 6, 2017
("Merger"), closed on August 14, 2017. Aberdeen PLC became a direct subsidiary of Standard
Life plc as a result of the Merger and the combined company changed its name to Standard Life Aberdeen plc. Shareholders of the
Fund are not required to take any action as a result of the Merger. Following the Merger, the Fund's Investment Adviser and
Administrator are each an indirect subsidiary of Standard Life Aberdeen plc, but otherwise did not change. The investment
advisory and administration agreements for the Fund, the services provided under the agreements, and the fees charged for
services did not change as a result of the Merger. The portfolio management team for the Fund did not change as a result of the
Merger.
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 September 27, 1989.
If you wish to receive this information electronically, please contact: InvestorRelations@aberdeen-asset.com
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SOURCE Aberdeen Chile Fund, Inc.