PHILADELPHIA, Jan. 6, 2014 /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 November 30, 2013.
The Fund's total returns for various periods through November 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 11/30/13 | Annualized as of 11/30/13 | |||||||
1 Month | 3 Month | YTD | 1 Year | 3 Years | 5 Years | 10 Years | Since Inception | |
NAV | -7.7 | -3.8 | -21.7 | -18.1 | -10.4 | 11.9 | 10.5 | 12.8 |
Market Price | -16.8 | -18.5 | -22.0 | -19.1 | -10.4 | 15.9 | 11.3 | 12.5 |
MSCI Chile Index | -6.3 | 0.0 | -20.2 | -16.8 | -10.6 | 13.9 | 12.6 | **n/a |
**There is no since inception figure for the MSCI Chile Index because the inception date of the Index is January 1, 2001 and the inception date of the Fund is September 27, 1989.
On November 30, 2013, the Fund's net assets amounted to US$102.0 million and the Fund's NAV per share was $10.87.
As of November 30, 2013, the portfolio was invested as follows:
Portfolio Composition | Percent of Net Assets |
Financials | 21.7 |
Consumer Staples | 19.8 |
Utilities | 14.1 |
Materials | 13.8 |
Energy | 10.1 |
Consumer Discretionary | 10.0 |
Information Technology | 4.4 |
Telecommunications | 2.9 |
Industrials | 2.3 |
Cash | 1.0 |
The Fund's ten largest equity holdings as of November 30, 2013, representing 72.5% of net assets, were:
Stock | Percent of Net Assets |
Empresas Copec | 10.1 |
S.A.C.I. Falabella | 10.0 |
Banco Santander Chile | 9.6 |
Enersis | 9.1 |
Empresas CMPC | 8.9 |
Banco de Chile | 5.7 |
Vina Concha y Toro | 4.9 |
Sociedad Quimica y Minera de Chile | 4.9 |
Embotelladora Andina | 4.7 |
Cevecerias 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 (effective March 1, 2012, 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 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
SOURCE Aberdeen Chile Fund, Inc.
