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
April 2020: A smooth sea never made a skilled sailor – Franklin D. Roosevelt
Vietnam’s benchmark VN Index rose 17% in April (-21% YTD) in USD terms, the largest monthly gain since August 2009, following similar rallies across global markets, with the S&P 500 posting its best monthly performance since January 1987, up 13% (-9% YTD), and came after a historical plunge in global equities in March as the initial shock of the pandemic took hold. Markets looked to any breath of hope to give wind to their sails, be it apparent success in flattening the pandemic curve, or results from clinical trials and the hope of discovering a vaccine in record time…