Top holdings
| Investee Company | % of NAV | Sector | Description |
|---|---|---|---|
| Hoa Phat Group | 14.1% | Construction materials | Largest steel manufacturer |
| Khang Dien House (KDH) | 8.6% | Real estate & construction | Leading developer of townhouses in D9, HCMC |
| Airports Corporation of Vietnam (ACV) | 6.8% | Infrastructure | Vietnam’s airport operator and developer |
| Phu Nhuan Jewelry (PNJ) | 5.3% | Consumer discretionary | Largest jewelry manufacturer and distributor in Vietnam |
| Eximbank (EIB) | 4.8% | Financial services | Top ten commercial bank |
| Vinamilk (VNM) | 4.5% | Food & beverage | Leading dairy company with dominant market share |
| Quang Ngai Sugar (QNS) | 3.6% | Food & beverage | Producer of Vietnam’s leading soymilk beverages |
| Orient Commercial Bank (OCB) | 3.3% | Financial services | Commercial Bank in Vietnam |
| FPT Corporation (FPT) | 2.9% | Technology | Largest information technology service company |
| Vinhomes (VHM) | 2.5% | Real estate & construction | Largest real estate developer in Vietnam |
| Total | 56.2% |
Public equities; as of 30 September 2020.