Aberdeen Chile Fund, Inc. Announces Performance Data and Portfolio Composition
PHILADELPHIA, July 2 /PRNewswire-FirstCall/ -- Aberdeen Chile Fund, Inc. (the "Fund") (NYSE Amex: CH), a closed-end equity fund, announced today its performance data and portfolio composition as of May 31, 2010.
The Fund's total returns for various periods through May 31, 2010 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) |
1,823.2 |
15.4 |
1,607.9 |
14.7 |
|
10-years |
235.8 |
12.9 |
383.6 |
17.1 |
|
5-years |
103.7 |
15.3 |
120.2 |
17.1 |
|
3-years |
18.5 |
5.8 |
10.4 |
3.3 |
|
1-year |
24.4 |
24.8 |
|||
On May 31, 2010, the Fund's net assets amounted to US$185.7 million and the Fund's NAV per share was $18.26.
As of May 31, 2010, the portfolio was invested as follows:
Portfolio Composition |
Percent of |
|
Cash * |
23.2 |
|
Utilities |
21.0 |
|
Basic Materials |
16.2 |
|
Diversified |
13.1 |
|
Consumer, Cyclical |
12.4 |
|
Financials |
8.3 |
|
Consumer, Non-Cyclical |
5.8 |
|
* Please note the cash allocation was slightly higher this month due to tender offer.
The Fund's ten largest equity holdings as of May 31, 2010, representing 67.6% of net assets, were:
Stock |
Percent of |
|
Empresas Copec SA |
13.1 |
|
Empresa Nacional de Electricidad SA |
11.9 |
|
Empresas CMPC SA |
10.5 |
|
Enersis SA |
7.3 |
|
Banco Santander Chile SA |
6.7 |
|
SACI Falabella |
5.6 |
|
Lan Airlines SA |
4.3 |
|
Sociedad Quimica y Minera de Chile SA |
3.3 |
|
Cia Cervecerias Unidas SA |
2.5 |
|
Empresa La Polar |
2.4 |
|
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.
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: [email protected]
SOURCE Aberdeen Chile Fund, Inc.
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