Blue Bell Private Wealth Management buys $24,135 stake in Aberdeen Greater China Fund Inc (GCH)

Aberdeen Greater China Fund Inc (GCH) : Blue Bell Private Wealth Management scooped up 13 additional shares in Aberdeen Greater China Fund Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 14, 2016. The investment management firm now holds a total of 2,661 shares of Aberdeen Greater China Fund Inc which is valued at $24,135.Aberdeen Greater China Fund Inc makes up approximately 0.01% of Blue Bell Private Wealth Management’s portfolio.

Aberdeen Greater China Fund Inc opened for trading at $9.085 and hit $9.11 on the upside on Friday, eventually ending the session at $9.07, with a gain of 0.67% or 0.06 points. The heightened volatility saw the trading volume jump to 31,291 shares. Company has a market cap of $152 M.

Aberdeen Greater China Fund Inc. is a non-diversified closed-end management investment fund. The Fund’s investment objective is to seek long-term capital appreciation through investment in listed equity securities of companies that are organized under the laws of and have their principal place of business in China and/or Hong Kong and/or Taiwan or during their 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. The Company invests in a range of sector including financials industrials consumer discretionary information technology telecommunication services energy consumer staples and materials among others. Aberdeen Asset Management Asia Limited (AAMAL) serves as the investment manager of the Fund.

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