#
# Aberdeen Greater China Fund, Inc. (NYSE: GCH)
  (EST)
» Closed-End Fund Center
Keep Updated
 

Daily Data

At close Mar 02, 2015

NAV$11.67
Market Price$10.30
Premium/(Discount)-11.74%
Unadjusted NAV**$11.66

The NAV information is provided by the Fund's accounting agent. The price is as reported by the exchange on which the Fund trades. This information is unaudited and neither Aberdeen Asset Management PLC, its wholly owned subsidiaries, the Funds, nor any other person guarantees their accuracy.

 
 

Request Information

If you require further information on any of our Closed-End Funds:

 

Email Us

investorrelations@aberdeen-asset.com
 

Telephone

1-800-522-5465

 

Aberdeen Greater China Fund, Inc. (NYSE: GCH)

Investment Objective

The Fund’s investment objective is to seek long-term capital appreciation through investment in listed equity securities of China companies that (i) are organized under the laws of, and have their principal place of business in, China and/or Hong Kong and/or Taiwan; or (ii) during their most recent fiscal year derived at least 50% of their revenues or profits from goods produced or sold, investments made or services performed in China and/or Hong Kong and/or Taiwan or have at least 50% of their assets in China and/or Hong Kong and/or Taiwan.

For more detailed information on the specific risks associated with this fund, please view the Important Risk Considerations tab.

 
Hugh Young

Asian Equities Fund Manager Interview

The Association of South East Asian Nations (ASEAN) region has been a major part of Aberdeen’s Asian equity portfolios for quite some time. Aberdeen’s Head of Asian Equities, Hugh Young, speaks to the equity performance of ASEAN countries and explains why he believes the ASEAN region presents compelling investment opportunities.

Download now
 
 
 
Nicholas Yeo

Aberdeen Greater China Fund, Inc. Webcast Update

Nicholas Yeo gives an update on the Aberdeen Greater China Fund, Inc. (GCH). Nicholas speaks to recent Fund positioning, what companies he and the team hold in highest regard and what macro trends are affecting the region the most.

 
 
Nicholas Yeo

Fund Manager Interview with Nicholas Yeo

Nicholas Yeo, Aberdeen’s Director and Head of Equities – China/Hong Kong, discusses recent volatility in Chinese equity markets, the possibility of China’s economy growing at a slower pace as the focus shifts towards quality growth, and the challenge for investors is to find a way to gain access to quality companies.

View Now
 
 
 

Fund Managers’ Monthly Report

December 2014

  • The MSCI Zhong Hua Index recorded a marginal loss in December. The market initially witnessed a liquidity-driven rally, aided by the central bank’s interest rate cut and expectations of further monetary stimulus, but disappointing Purchasing Managers Index (PMI) and export data reversed earlier gains.
  • In particular, the Chinese A-share market was the best performer for a second straight month. Authorities relaxed rules on loan-to-deposit ratios to improve liquidity in the financial system. Oil companies also received a boost after Beijing eased their tax burden by raising the ceiling for a levy on oil revenues; however, the sector remains pressured amid concerns over a sustained period of low oil prices. We also remain wary of the seemingly insatiable demand in A-shares for margin financing, where investors borrow to buy securities.
  • In Fund-related news, Kerry Logistics was one of three overseas courier firms to receive approval to offer domestic delivery services, the first time such consent has been given to foreign players since 2012. Given its strong network, we believe that Kerry Logistics is well positioned within this fast-growing industry.
  • Separately, Kerry Logistics paid US$32 million for a 70% stake in Able Logistics Group FZCO, an integrated services provider specializing in freight forwarding and cross-border land transportation. The deal will expand its freight forwarding capacity and enhance its network in the Middle East, a rapidly expanding region and an emerging global logistics hub.
  • There were no major changes to the Fund in December.
Download Monthly Commentary
 
Download Monthly Factsheet
 
Sign Up

To receive this, or any other monthly fund factsheet directly in your inbox, sign up for our email services.

 
Section 16 Filings
 

**Disclaimer

Pursuant to valuation policies adopted by the Board of Directors of the Fund, the Fund values foreign equity securities that primarily trade in certain markets that close ahead of the Fund’s daily 4:00 pm Eastern net asset value (“NAV”) calculation time at their fair values using prices provided by third-party independent pricing services. The fair value of each such security generally is calculated by applying a valuation factor provided by the independent pricing service to the last sales price for that security, or, if, the pricing service is unable to provide a fair value for a security, at the price at the close of the exchange on which it is principally traded, subject to adjustment by the Fund’s Pricing Committee. These daily fair valuations seek to reflect information available after the local market close that may affect the value of the foreign equity securities held by the Fund. As a result, this official NAV calculation reflects adjustments that may cause it to vary from a calculation based solely on closing prices. In contrast, the “Unadjusted NAV” of the Fund (shown above) is for informational purposes only and is computed using the closing prices on the relevant exchange. It does not reflect any daily fair valuation adjustments of the Fund’s foreign securities. The Unadjusted NAV does not represent the official NAV of the Fund, nor is the Unadjusted NAV used for Fund accounting or performance purposes. Investors should not rely upon the Unadjusted NAV when making their investment decisions.