PHILADELPHIA, Feb. 23, 2018 /PRNewswire/ -- Aberdeen
Chile Fund, Inc. (the "Fund") (NYSE American: CH), a closed-end
equity fund, announced today its performance data and portfolio
composition as of January 31,
2018.
The Fund's total returns for various periods through
January 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
01/31/18
|
Annualized as of
01/31/18
|
|
1
Month
|
3
Month
|
YTD
|
1
Year
|
3
Years
|
5
Years
|
10
Years
|
Since
Inception
|
NAV
|
4.9
|
8.6
|
4.9
|
42.0
|
16.5
|
-0.5
|
3.9
|
12.0
|
Market
Price
|
5.7
|
8.6
|
5.7
|
54.8
|
16.8
|
-1.9
|
2.0
|
11.3
|
MSCI Chile
Index
|
7.3
|
9.7
|
7.3
|
47.2
|
15.9
|
-0.8
|
4.8
|
n/a¹
|
On January 31, 2018, the Fund's
net assets amounted to US$96.5
million and the Fund's NAV per share was US$10.31.
As of January 31, 2018, the
portfolio was invested as follows:
Portfolio
Composition
|
Percent of
Net Assets
|
Consumer
Staples
|
23.2
|
Financials
|
18.0
|
Consumer
Discretionary
|
13.5
|
Utilities
|
11.8
|
Industrials
|
8.6
|
Real
Estate
|
7.7
|
Materials
|
5.5
|
Energy
|
4.6
|
Information
Technology
|
2.4
|
Telecommunications
|
2.2
|
Cash
|
2.5
|
The Fund's ten largest equity holdings as of January 31, 2018, representing 64.0% of net
assets, were:
Stock
|
Percent
of
Net
Assets
|
S.A.C.I.
Falabella
|
11.1
|
Banco Santander
Chile
|
9.9
|
Parque
Arauco
|
7.7
|
Enel
Americas
|
5.8
|
Sociedad Quimica y
Minera de Chile
|
5.5
|
Embotelladora
Andina
|
5.2
|
Cencosud
SA
|
4.8
|
Banco de
Chile
|
4.8
|
Vina Concha y
Toro
|
4.7
|
Empresas
Copec
|
4.6
|
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 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. The Investment Adviser and the Administrator are
each a subsidiary of Aberdeen Asset Management PLC ("Aberdeen
PLC"). The merger of Standard Life plc and Aberdeen PLC,
announced on March 6, 2017
("Merger"), closed on August 14,
2017. Aberdeen PLC became a direct subsidiary of Standard
Life plc as a result of the Merger and the combined company changed
its name to Standard Life Aberdeen plc. Shareholders of the Fund
are not required to take any action as a result of the Merger.
Following the Merger, the Fund's Investment Adviser and
Administrator are each an indirect subsidiary of Standard Life
Aberdeen plc, but otherwise did not change. The investment advisory
and administration agreements for the Fund, the services provided
under the agreements, and the fees charged for services did not
change as a result of the Merger. The portfolio management team for
the Fund did not change as a result of the Merger.
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.
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.
If you wish to receive this information
electronically, please contact:
InvestorRelations@aberdeenstandard.com
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SOURCE Aberdeen Chile Fund, Inc.