Top holdings
| Investee Company | % of NAV | Sector | Description |
|---|---|---|---|
| Hoa Phat Group (HPG) | 17.5% | Materials | Largest steel manufacturer |
| Khang Dien House (KDH) | 10.0% | Real Estate | Leading developer of townhouses in D9, HCMC |
| Vinhomes (VHM) | 6.0% | Real Estate | Largest real estate developer in Vietnam |
| Asia Commercial Bank (ACB) | 5.9% | Financials | One of the largest private banks in Vietnam |
| Airports Corporation of Vietnam (ACV) | 5.7% | Industrials | Vietnam’s airport operator and developer |
| Eximbank (EIB) | 5.2% | Financials | Top ten commercial bank |
| Orient Commercial Bank (OCB) | 4.7% | Financials | Commercial bank in Vietnam |
| FPT Corporation (FPT) | 4.4% | Information Technology | Largest information technology service company in Vietnam |
| Quang Ngai Sugar (QNS) | 4.0% | Consumer Staples | Producer of Vietnam’s leading soymilk beverages |
| Phu Nhuan Jewelry (PNJ) | 3.9% | Consumer Discretionary | Largest jewelry manufacturer and distributor in Vietnam |
| Total | 67.3% |
Public equities; as of 31 August 2021.