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# Aberdeen Chile Fund, Inc. (NYSE MKT: CH)
  (EDT)
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Daily Data

At close Aug 28, 2014

NAV$9.26
Market Price$9.14
Premium/(Discount)-1.30%

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.

 
 

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Aberdeen Chile Fund, Inc. (NYSE MKT: CH)

Investment Objective

The Fund seeks total return, consisting of capital appreciation and income, by investing primarily in Chilean securities.

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

Investment Policies

It is the policy of the Fund to invest its assets in Chilean equity and debt securities. For these purposes, “Chilean securities” means securities traded principally on stock exchanges in Chile.

The information contained above provides only a brief summary description of the Fund's investment objective and investment policies.

 

Aberdeen Chile Fund, Inc. Webcast

 
 

Fund Managers’ Monthly Report

June 2014

  • Chilean equities fell in June after data indicated that growth in retail sales and manufacturing output continued to slow in May.
  • The central bank cut its forecast for economic growth for 2014, citing muted investment. The weaker peso pushed inflation up to 4.7% in May.
  • In Fund-related corporate news, real-estate developer Parque Arauco plans to invest up to US$700 million over the next four years, both at home and in its Peruvian and Colombian businesses. Notably, its international operations currently represent 34% of revenues and are becoming increasingly important. It is also considering forays into new markets, such as Panama, Mexico and Brazil.
  • Cencosud will sell a 51% stake in its domestic financial services business to Scotiabank. In our view, this is a positive step in its plans to reduce debt, and should allow management to focus on its core retail business. Separately, Cencosud also intends to sell non-core assets, such as its fuel stations in Colombia, which may be worth up to US$100 million.
  • In June, we added to the Fund’s holding in Andina, which we believed was trading at an attractive valuation, as well as Parque Arauco, following a period of share price weakness driven by concerns over the new government’s tax reform.
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