Email of the day (2)
Comment of the Day

October 15 2012

Commentary by David Fuller

Email of the day (2)

On the US-based Greater China Fund -
"Hugh Young is part of the Aberdeen team taking over as investment advisor to one of the larger US based China closed-end funds -Greater China Fund - GCH. It had been advised, rather badly, by Barings."

David Fuller's view Thanks for this information which is good news for anyone holding the fund or interested in it. Hugh Young is one of the best in the business and he keeps turnover, and therefore costs, low. The timing is also good in terms of China's current economic stimulus. I note that GCH currently trades at a 7% discount to NAV and the current market cap is $281 million.


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