Aberdeen Chile Fund, Inc. Announces Performance Data And Portfolio Composition - Tucson News Now

Aberdeen Chile Fund, Inc. Announces Performance Data And Portfolio Composition

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SOURCE Aberdeen Chile Fund, Inc.

PHILADELPHIA, Feb. 22, 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 January 31, 2017.

The Fund's total returns for various periods through January 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 01/31/17

Annualized as of 01/31/17


1 Month

3 Month

YTD

1 Year

3 Years

5 Years

10 Years

Since
Inception

NAV

3.3

-2.9

3.3

25.6

2.4

-5.0

2.1

11.0

Market Price

4.9

-3.7

4.9

20.5

-10.6

-10.1

0.8

10.0

MSCI Chile Index

4.7

-0.7

4.7

21.2

0.6

-6.7

2.3

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 January 31, 2017, the Fund's net assets amounted to US$69.7 million and the Fund's NAV per share was US$7.44.

As of January 31, 2017, the portfolio was invested as follows:

Portfolio Composition

Percent of 
Net Assets

Consumer Staples

23.8

Financials

17.2

Utilities

13.5

Consumer Discretionary

12.8

Real Estate

7.3

Materials

7.1

Energy

4.6

Information Technology

3.9

Health Care

3.5

Telecommunications

2.9

Industrials

2.1

Cash

1.2

 

The Fund's ten largest equity holdings as of January 31, 2017, representing 63.7% of net assets, were:

Stock

Percent of

Net Assets

S.A.C.I. Falabella

10.4

Banco Santander Chile

9.3

Parque Arauco

7.3

Enel Americas

6.7

Embotelladora Andina

5.9

Banco de Chile

5.3

Sociedad Quimica y Minera de Chile

5.1

Empresas Copec

4.6

Cencosud SA

4.6

Cia Cervecerias Unidas

4.6

 

Important Information
Aberdeen Asset Management Inc. has prepared this report based on information sources believed to be accurate and reliable.  However, the figures are unaudited and neither the Fund, 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.  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 September 27, 1989. 

If you wish to receive this information electronically, please contact:
InvestorRelations@aberdeen-asset.com

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