PHILADELPHIA, March 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 February 28,
2018.
The Fund's total returns for various periods through
February 28, 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
02/28/18
|
Annualized as of
02/28/18
|
|
1 Month
|
3 Month
|
YTD
|
1 Year
|
3 Years
|
5 Years
|
10 Years
|
|
NAV
|
-3.9
|
6.6
|
4.3
|
29.9
|
10.6
|
6.0
|
1.8
|
|
Market
Price
|
-2.9
|
6.0
|
5.7
|
42.5
|
11.9
|
5.1
|
2.4
|
|
MSCI Golden
Dragon
|
-5.1
|
6.3
|
4.3
|
36.4
|
12.0
|
11.0
|
6.1
|
On February 28, 2018, the Fund's
net assets amounted to US$126.3
million and the Fund's NAV per share was US$14.32.
As of February 28, 2018, the
portfolio was invested as follows:
|
Portfolio
Composition
|
Percent of
Net Assets
|
|
Information
Technology
|
20.0
|
|
Financials
|
18.8
|
|
Industrials
|
14.1
|
|
Consumer
Discretionary
|
13.9
|
|
Real
Estate
|
9.7
|
|
Telecommunications
|
7.7
|
|
Consumer
Staples
|
5.1
|
|
Health
Care
|
4.9
|
|
Energy
|
3.0
|
|
Utilities
|
1.4
|
|
Cash
|
1.6
|
|
Portfolio
Composition
|
Geographic
Exposure %
|
|
China
|
50.4
|
|
Hong Kong
|
38.6
|
|
Taiwan
|
10.5
|
|
United
States
|
0.3
|
|
United
Kingdom
|
0.1
|
The Fund's ten largest equity holdings as of February 28, 2018, representing 42.3% of net
assets, were:
|
Stock
|
Percent
of
Net
Assets
|
|
Taiwan
Semiconductor
|
6.8
|
|
Tencent Holdings
Ltd.
|
5.9
|
|
AIA Group
|
5.4
|
|
Hangzhou Hikvision
Digital Technology
|
4.4
|
|
Kweichow Moutai Co.
Ltd.
|
3.5
|
|
China International
Travel
|
3.4
|
|
China
Mobile
|
3.3
|
|
HSBC
Holdings
|
3.3
|
|
Hong Kong Exchanges
and Clearing
|
3.2
|
|
MTR
Corporation
|
3.0
|
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.