VietFund Management (VFM) | Fund Factsheet

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General Information

Fund name Vietnam Capital Protection Oriented Fund
Fund code VFMVFC
Fund Type Balanced fund
Currency VND
Inception date 2019-04-03
Conversion date 0000-00-00
Fund Manager VietFund Management (VFM)
Custodian Bank Standard Chartered Bank VN
Transfer Agency Vietnam Securities Depository (VSD)
Management fee 1.2%/NAV/year
Subscription fee From 0% to 0.2% based on total subscribed amount (million VND)
Redemption fee 0% - 2%
Switching fee Tham khảo bản cáo bạch
Trading cycle Everyday Tuesday (T day)
Cut-off time 14h30 on T-1 day
Dividend Annually (upon AGM approval)
Total NAV (VND bn) 66.4
Number of outstanding shares (mn) 6.4
12-month Expense Ratio (%) 3.2
12-month Turn-over Ratio (%) 194.9


Updating …


As of: 
As at the end of October 2019, net assets value per unit of VFC increased 0.3% compared to last month and up 3.5% since inception. Regarding fixed income portfolio, VFC Fund currently holds 4 corporate bonds and several high-yield certificates of deposit. Cash and cash equivalents are accounted for 10.4% of total assets. With regards to equity portfolio, VFC fund has no major transaction during the month. Equity weight is maintained around 28-29% of total fund assets. Top gainers include VCB (+6,8%), PTB (+5,7%) and PNJ (+3,6%). Within equity portfolio, banking sector has the largest weight (33%). Total net profit of all listed banks increases 25% y.o.y in 9M2019. With valuation remains attractive, banking is a very promising sector in terms of growth in the long run. In the course of time, the fund will continue to seek for new investment in corporate bonds and stocks, as well as reducing cash and cash equivalent weight in order to optimize the whole portfolio return.

Performance Chart

Compare performance of VFMVFC with:

Rate of Return

As of: 
NAV/đvq & Index 1 month 3 months YTD 12 months Since Inception 03/04/2019
VFC 10,354.9 0.3 1.9 0.0 0.0 3.5
VN Index 998.8 0.2 0.7 11.9 9.2 1.5


As of: 

Top 10 holdings

As of: 
Stock Sector Exchange % NAV
MBB Banks HOSE 4.6
FPT Technology Hardware & Equipment HOSE 4.3
MWG Retailing HOSE 4.2
PNJ Consumer Durables & Apparel HOSE 3.2
VPB Banks HOSE 2.6
VCB Banks HOSE 1.7
BID Banks HOSE 1.6
PC1 Capital Goods HOSE 1.2
PHR Real Estate HOSE 1.0
DIG Real Estate HOSE 0.9
Total 25.3


As of: 

Portfolio Statistics

As of: 
Fundamental ratios vfmvfc VN-Index
Risk ratios vfmvfc VN-Index


This document is issued by VietFund Management (VFM). The information herein is deemed reliable sources by VFM, based on published sources and VFM isn’t responsible for the accuracy of the information herein, except the information, data of Funds managed by VFM and provided in this document. This document reflects the views and assessments of the author at the time of issue, for references only and may change without notice. This document is neither a prospectus nor an offer or any commitment of VFM or Funds managed by VFM. VFM hasn’t obligation to update, revise this document in any form in the case of opinions, forecasts and estimations in this document changes or becomes inaccurate