VOF
Share price | 480 |
Daily % Change | +0.95% |
NAV per share USD | 7.65 |
NAV per share GBP | 6.10 |
Total NAV USD (in millions) | 1,250.9 |
Total NAV GBP (in millions) | 996.9 |
Published NAV date | 31 May 2022 |
Dividend
Dividend (USD) | 8.0 cents |
Declaration date | 24 March 2022 |
Record date | 8 April 2022 |
Payment date | 10 May 2022 |
Go to Dividend Declaration |
With strong GDP growth, a stable macroeconomic environment, increasing exports, and record levels of foreign direct investment, it is easy to see why Vietnam is considered among the world’s most exciting markets. Half of the population of 95 million is under age 35, and an expanding middle class has created a compelling domestic consumption story that has attracted the attention of companies from around the globe.
VOF gives investors access to a range of carefully selected investments in the listed and private companies that are participating in, benefitting from, and driving the sustainable growth Vietnam is experiencing today.
Latest commentary from our fund manager
“History provides a crucial insight regarding market crises: they are inevitable, painful and ultimately surmountable.” – Shelby Cullom Davis
May was another painful month, with the benchmark VN Index declining 6.1% month-on-month (m-o-m) in USD total return terms ($TR), or -5.4% in local currency terms. While the overall monthly decline was less than in April, what this masked was the stomach-churning drop during the first half of the month: VN Index officially entered bear market territory on 13th May, as it slid 22.6% from its 6th January high, making it among the worst-performing markets globally.
However, the second half of May brought some welcome relief to investors, with the index rallying over 10% to close the month at 1,293 points. For the calendar year-to-date (YTD), the VN Index is down 14.7% ($TR).