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
May 2018: Correction continues as market tries to find bottom
May was another down month for the market, with the VN Index dropping almost 7.7% month-over-month (m-o-m) in USD terms and turning negative for the year-to-date (y-t-d) through the end of the month. As a result, VOF’s net asset value (NAV) per share declined 4.2% m-o-m to USD5.51 during the reported month. From January through May, VOF’s net asset value (NAV) declined 1.3% to outperform the VN Index which saw a loss of 1.7%.