PHILADELPHIA, Nov. 1, 2013 /PRNewswire/ -- The Greater
China Fund, Inc. (the "Fund") (NYSE: GCH), a closed-end equity
fund, announced today its performance data and portfolio
composition as of September 30,
2013.
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The Fund's total returns for various periods through
September 30, 2013 are provided
below. (All figures are based on distributions reinvested at
the dividend reinvestment price and are stated
net-of-fees):
|
Cumulative as of
09/30/13
|
Annualized as of
09/30/13
|
|
1 Month
|
3 Month
|
YTD
|
1 Year
|
3 Years
|
5 Years
|
NAV
|
3.4
|
1.8
|
-3.1
|
4.4
|
-1.8
|
5.7
|
Market
Price
|
3.7
|
3.9
|
-11.4
|
0.3
|
-3.0
|
4.6
|
MSCI Golden
Dragon
|
4.7
|
8.9
|
3.3
|
11.3
|
3.2
|
10.3
|
On September 30, 2013, the Fund's
net assets amounted to US$107.8
million and the Fund's NAV per share was $12.99.
As of September 30, 2013, the
portfolio was invested as follows:
Portfolio
Composition
|
Percent of
Net Assets
|
Financials
|
33.6
|
Industrials
|
17.1
|
Consumer
Discretionary
|
12.1
|
Information
Technology
|
11.6
|
Energy
|
7.9
|
Telecommunications
|
7.5
|
Consumer
Staples
|
5.4
|
Materials
|
2.1
|
Utilities
|
1.0
|
Cash
|
1.6
|
The Fund's ten largest equity holdings as of September 30, 2013, representing 56.7% of net
assets, were:
Stock
|
Percent
of
Net
Assets
|
HSBC
Holdings
|
9.6
|
AIA Grp
|
7.8
|
Jardine
Strategic
|
7.7
|
Taiwan
Semiconductor
|
6.7
|
MTR
Corporation
|
5.2
|
CNOOC
|
4.1
|
Swire
Properties
|
4.0
|
China
Mobile
|
3.9
|
Petrochina
|
3.9
|
Hang Lung
Properties
|
3.8
|
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, 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.
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@aberdeen-asset.com
SOURCE The Greater China Fund, Inc.