Home Viet Nam Equity Special Access Fund (VESAF)

Viet Nam Equity Special Access Fund (VESAF)

Home Viet Nam Equity Special Access Fund (VESAF)

Viet Nam Equity Special Access Fund (VESAF)

by vinawealth_admin

Summary of VESAF

The Viet Nam Equity Special Access Fund (VESAF) is a Vietnam-regulated and domiciled actively managed open-ended fund that invests into equities and equity-related securities of companies based in Vietnam. The fund’s objective is to generate attractive risk-adjusted returns over the long-term, through bottom-up stock selection and disciplined risk management.

The fund’s investment strategies may shift from time to time in order to achieve the investment objectives based on fundamental stock analysis, macroeconomic analysis, stock market conditions and economic cycles. The fund’s investment strategies include, but are not limited to:

  • Investing in small to medium capitalized listed stocks which have high growth potential in their respective sectors or industries in the economy
  • Investing in undervalued stocks with long-term growth potential
  • Investing in stocks that have attracted special attention from foreign investors
  • Investing in stocks that have high and stable earnings growth

FUND PERFORMANCE

StructureOpen-ended fund regulated  by the Vietnam State Securities Commission (“SSC”)
DomicileVietnam
StrategyFundamental analysis to achieve long-term return
Foreign-Ownership LimitNo constraint
Subscription/Redemption Dealing DateWeekly, on Tuesday. Cut-off time is 10:30am Monday, Vietnam time.
Valuation PolicyNet Asset Value (NAV)
NAV FrequencyWeekly
Valuation CurrencyVietnam Dong (VND)
Investment ManagerVinaCapital Fund Management Joint Stock Company
Supervisory Bank, Custodian Bank, Fund AdministratorStandard Chartered Bank Vietnam
Transfer AgencyVietnam Securities Depository (VSD)
AuditorErnst & Young Vietnam
DistributorVinaCapital Fund Management Joint Stock Company
VinaFii
Investor TypeInvestors having long investment time horizon
Initial issue priceVND 10,000 per fund unit (~USD 0.44)
Subsequent issue priceNet Asset Value per fund unit
Minimum InvestmentVND 100 million (~USD 4,425)
Minimum Holding10 fund units
Management Fee1.75% per annum
Subscription Fee (Front-load fee)2% applicable to subscription amount below VND 2 billion
0% applicable to subscription amount of VND 2 billion or over
Redemption Fee (calculated from the date of the first investment in the account)3% within the first year, 1% in the second year, 0% thereafter

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