PHILADELPHIA, April 23, 2018 /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 March 31, 2018.
The Fund's total returns for various periods through March 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 03/31/18
|
Annualized as of 03/31/18
|
|
1 Month
|
3 Month
|
YTD
|
1 Year
|
3 Years
|
5 Years
|
10 Years
|
NAV
|
0.3
|
4.6
|
4.6
|
24.6
|
10.5
|
6.7
|
2.7
|
Market Price
|
0.4
|
6.1
|
6.1
|
28.0
|
12.0
|
6.8
|
3.6
|
MSCI Golden Dragon
|
-2.2
|
2.1
|
2.1
|
30.5
|
10.7
|
11.2
|
6.5
|
On March 31, 2018, the Fund's net assets amounted to US$126.6
million and the Fund's NAV per share was US$14.36.
As of March 31, 2018, the portfolio was invested as follows:
Portfolio Composition
|
Percent of
Net Assets
|
Financials
|
15.6
|
Real Estate
|
11.3
|
Consumer Discretionary
|
10.0
|
Industrials
|
9.9
|
Information Technology
|
8.4
|
Health Care
|
5.3
|
Telecommunications
|
4.9
|
Energy
|
3.0
|
Utilities
|
1.4
|
Consumer Staples
|
0.8
|
Cash
|
29.4
|
Portfolio Composition
|
Geographic Exposure %
|
Hong Kong
|
37.5
|
China
|
35.1
|
United States
|
27.4
|
The Fund's ten largest equity holdings as of March 31, 2018, representing 34.7% of net assets,
were:
Stock
|
Percent of
Net Assets
|
Tencent Holdings Ltd.
|
5.7
|
AIA Group
|
5.5
|
China Mobile
|
3.3
|
China Pharmaceutical Enterprise and Investment
|
3.2
|
HSBC Holdings
|
3.1
|
MTR Corporation
|
3.1
|
Jardine Strategic
|
2.9
|
Hong Kong Exchanges and Clearing
|
2.9
|
Swire Properties
|
2.6
|
China Conch Venture Holdings Ltd.
|
2.4
|
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
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 23, 1992.
If you wish to receive this information electronically, please contact: InvestorRelations@aberdeenstandard.com
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SOURCE Aberdeen Greater China Fund, Inc.