Egypt signs deal with Euroclear to boost domestic debt management    Erdogan says Turkey to resume Syria offensive if truce deal falters    Spanish government dismisses call for Catalan talks; police brace for more unrest    Egypt's Cooperative Insurance Society to cover NGOs clients' loans    Angry over Brexit, thousands gather in London demanding new referendum    After a young pupil dies of meningitis in Egypt, tips to help prevention    Live score: Zamalek v Arab Contractors (Egyptian Premier League)    Irish clubs set to meet to discuss a new cross-border league    Bulgaria coach Balakov resigns following racism fallout    Wide protests in Lebanon against ruling elite over economic corruption    U.S.-China trade deal will be signed by middle of November: Trump    Egypt's PM urges US's ADTRAN Inc. to invest in communications equipment    World Bank launches human capital investment plan in MENA, North Africa    French President Macron receives Egypt's Coptic Pope Tawadros II at Elysee    Oil prices drop as China slowdown weighs    Egypt urges its citizens in Lebanon to exercise caution as protests continue    Egypt says strategic wheat reserves enough to cover its needs until February    Egypt keen to support DR Congo: Ambassador    Cairo metro back to normal operations following hours-long power disruption    Egypt's Pope Tawadros opens Saint Mary, Mar Youhanna Church in Belgium    Egypt's Irrigation minister reviews latest developments of Ethiopia's Renaissance Dam in Budapest    'Passports should be valid for six months,' Egypt's foreign ministry advises citizens planning travel abroad    Unpaid work hits 35% of Egypt's GPD, but still not included in economic calculations: IMF    Grand Nile Tower Arts & Cultural Centre launches second round    Egypt's coach Hossam El-Badry satisfied with winning start despite technical problems    Hundreds released    Luxor's new discoveries    Moroccan film Nomades scoops awards in Alexandria Film Festival    Toshiba's JV with Egyptian Elaraby opens regional HQ in South Africa    Six authors vie for Booker prize 2019, Atwood in the lead    In Photos: A sneak peek into rehearsals for the Cleopatra ballet world premiere    Sisi, Ethiopia's PM to meet in Moscow to discuss GERD issue    Sisi: army engaged in attrition phase against terrorism in Sinai since 2013    10K fans to attend Egypt's friendly against Botswana in Alexandria: EFA    Sisi, Ethiopia's PM agree to overcome obstacles in Nile dam talks    Farwell to Egyptian comic actor Talaat Zakaria    Court sentences six to death, 41 to lifetime imprisonment violence related case    Trump says he would release Mideast peace plan after Israeli elections    ACWA Power compares 3 bids to supply production units for Luxor power station    What do you know about gold alloying?    NBE announces EGP 2.5m prizes for handball youth teams for their world achievements    Jennifer Lopez evokes Egyptian outrage post her North Coast performance    Al-Sisi honours Egypt's scholars on Science Day    IS claims responsibility for suicide bombing killing 63 in Afghan wedding    Political parties gear up for parliamentary, senate, local elections    Unprecedented Glory: Egypt win Men's U-19 World Handball Championship    12th National Egyptian Theatre Festival fuel up public theatre art scene    Ministry of Environment has a plan for "black clouds season"    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.





Singapore Fund announces performance data and portfolio composition
Published in Bikya Masr on 04 - 07 - 2012

The Singapore Fund, a closed-end equity fund, announced today its performance data and portfolio composition as of May 31, 2012.
The Fund's total returns for various periods through May 31, 2012 are provided below. (All figures are based on distributions reinvested at the dividend reinvestment price and are stated net-of-fees):
Period Net Asset Value Market Price
Fiscal Year-to-Date -0.1 -2.3
1 Month -8.2 -7.6
3 Months -7.2 -10.9
12 Months -13.0 -15.8
On May 31, 2012, the Fund's net assets amounted to US$99.3 million and the Fund's NAV per share was $13.25.
As of May 31, 2012, the portfolio was invested as follows:
Portfolio Composition Percent of Net Assets
Financials 43.8
Industrials 18.4
Diversified 16.4
Consumer, Cyclical 11.5
Communications 5.0
Consumer, Non-Cyclical 3.3
Cash 1.6
The Fund's ten largest equity holdings as of May 31, 2012, representing 62.1% of net assets, were:
Stock Percent of Net Assets
Oversea-Chinese Banking Corporation Ltd. 9.8
United Overseas Bank Ltd. 9.3
Jardine Matheson Holdings Ltd. 7.3
Keppel Corporation Ltd. 7.0
Fraser and Neave Ltd. 6.4
City Developments Ltd. 6.0
DBS Group Holdings Ltd. 4.4
Singapore Technologies Engineering 4.1
SembCorp Marine Ltd. 3.9
Singapore Telecommunications Ltd. 3.9
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, Daiwa Securities Trust Company (the Administrator), 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 Management PLC.
Closed-end funds have a one-time initial public offering and then are subsequently traded on the secondary market through one of the stock exchanges. The 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 a fund will achieve its investment objective. Past performance does not guarantee future results.
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 July 31, 1990.


Clic here to read the story from its source.