PHILADELPHIA, Dec. 7, 2011 /PRNewswire/ -- Aberdeen Chile
Fund, Inc. (the "Fund") (NYSE AMEX: CH), a closed-end equity fund,
announced today its performance data and portfolio composition as
of October 31, 2011.
The Fund's total returns for various periods through
October 31, 2011 are provided
below. (All figures are based on distributions reinvested at
the dividend reinvestment price and are stated
net-of-fees):
|
Period
|
NAV
Total Return %
|
Market Price Total Return %
|
|
|
Cumulative
|
Annualized
|
Cumulative
|
Annualized
|
|
Since
inception
(September
1989)
|
2,152.5
|
15.1
|
2,054.0
|
14.9
|
|
10-years
|
434.3
|
18.2
|
580.6
|
21.1
|
|
5-years
|
83.9
|
13.0
|
84.0
|
13.0
|
|
3-years
|
108.2
|
27.7
|
152.5
|
36.2
|
|
1-year
|
-11.4
|
-7.2
|
On October 31, 2011, the Fund's
net assets amounted to US$141.9
million and the Fund's NAV per share was $16.41.
As of October 31, 2011, the
portfolio was invested as follows:
|
Portfolio
Composition
|
Percent
of
Net Assets
|
|
Materials
|
21.6
|
|
Financials
|
20.1
|
|
Industrials
|
17.2
|
|
Consumer
Staples
|
12.9
|
|
Utilities
|
10.4
|
|
Consumer
Discretionary
|
9.9
|
|
Information Technology
|
3.5
|
|
Cash
|
2.6
|
|
Telecommunications Services
|
1.8
|
The Fund's ten largest equity holdings as of October 31, 2011, representing 75.5 % of net
assets, were:
|
Stock
|
Percent
of
Net
Assets
|
|
Empresas
Copec SA
|
12.8
|
|
Empresas
CMPC S.A.
|
10.6
|
|
Banco
Santander Chile
|
10.1
|
|
S.A.C.I.
Falabella
|
9.9
|
|
Enersis
S.A.
|
8.9
|
|
Sociedad
Quimica y Minera de Chile SA (B Shares)
|
6.3
|
|
Sociedad
Quimica y Minera de Chile SA (ADR)
|
4.6
|
|
Lan
Airlines S.A.
|
4.4
|
|
Cevecerias
Unidas S.A.
|
4.0
|
|
Embotelladora Andina S.A. (B Shares)
|
3.9
|
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 Management Investment Services 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.
Investors should consider a fund's investment objectives,
risks, charges and expenses carefully before investing. A copy of
the prospectus for Aberdeen Chile Fund, Inc. that contains this and
other information about the fund may be obtained by calling
866-839-5205. Please read the prospectus carefully before
investing. Investing in funds involves risk, including possible
loss of principal.
Closed-end funds have a one-time initial public offering and
then are subsequently traded on the secondary market through one of
the stock exchanges. The 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 a fund will achieve
its investment objective. Past performance does not guarantee
future results.
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
SOURCE Aberdeen Chile Fund, Inc.