The Asia Tigers Fund, Inc. Announces Performance Data And Portfolio
PHILADELPHIA, July 11, 2013
PHILADELPHIA, July 11, 2013 /PRNewswire/ -- The Asia Tigers Fund, Inc. (the
"Fund") (NYSE: GRR), a closed-end equity fund, announced today its performance
data and portfolio composition as of May 31, 2013.
(Logo: http://photos.prnewswire.com/prnh/20121106/NE07292LOGO )
The Fund's total returns for various periods through May 31, 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 Annualized as of 05/31/13
1 Month 3 Month YTD 1 Year 3 Years 5 Years 10 Since
NAV -2.2 -0.9 -0.6 20.6 7.6 1.3 13.9 4.3
Market Price -3.0 -2.6 -3.6 17.7 6.5 1.2 14.3 3.3
MSCI All Country -1.3 -1.5 0.1 19.3 8.8 2.4 14.6 4.7
Asia ex Japan
On May 31, 2013, the Fund's net assets amounted to US$53.6 million and the
Fund's NAV per share was $13.43.
As of May 31, 2013, the portfolio was invested as follows:
Portfolio Composition Percent of
Information Technology 14.4
Consumer Staples 5.4
Consumer Discretionary 2.7
Health Care 1.1
The Fund's ten largest equity holdings as of May 31, 2013, representing 41.6%
of net assets, were:
Oversea-Chinese Banking Corporation 6.4
Jardine Strategic 5.2
Housing Development Finance Corporation 4.8
Swire Pacific 4.7
Taiwan Semiconductor 4.1
HSBC Holdings 3.9
AIA Grp 3.3
China Mobile 3.2
Standard Chartered 3.1
City Developments 3.0
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 Asia Limited (the
Investment Manager), 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
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 November 29, 1993.
If you wish to receive this information electronically, please contact:
SOURCE The Asia Tigers Fund, Inc.
Contact: Aberdeen Asset Management Inc., Investor Relations, 866-839-5205,
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