Home VinaWealth Enhanced Fixed Income Fund (VFF)

VinaWealth Enhanced Fixed Income Fund (VFF)

Home VinaWealth Enhanced Fixed Income Fund (VFF)

VinaWealth Enhanced Fixed Income Fund (VFF)

by vinawealth_admin

About VinaWealth Enhanced Fixed Income Fund (VFF)

VFF is an actively managed bond fund that invests into government bonds, government-guaranteed bonds, municipal bonds and other low-risk fixed income instruments. VFF is designed to generate stable, attractive returns over the medium- to long-term for local and international investors who want:

  • Low investment risk;
  • Stable returns in the long-term;
  • Potential capital appreciation; and,
  • A new investment channel for portfolio diversification

Fund Performance

14,140 0.22% at 08/09/2017

Investment Objectives

VFF’s investment objective is to offer a low-risk investment option, with a target of achieving an annual rate of return higher than the average three-month deposit rate by four state-owned commercial banks: Vietcombank, BIDV, VietinBank and Agribank. The Fund predominately invests into a diversified portfolio of fixed income securities actively managed by the Investment Manager.

Strategy

Active management
Investing predominately into fixed income securities:

  • Government bonds
  • Government-backed bonds
  • Corporate bonds and fixed income instruments issued by high creditworthy institutions

Striving to deliver the Fund’s target return, while maintaining low investment risks

  • Allocation of at least 80% of assets into bonds and other fixed income instruments
  • Allocation of up to 15% of total assets into listed stocks
  • Allocation of up to five percent of total assets into cash
  • Allocate at least 80% of assets into bonds and valuable papers
  • Allocate 15% of assets into other listed stocks
  • Allocate 5% of assets into cash

Fund Information

Fund NameVinaWealth Enhanced Fixed Income Fund (VFF)
Fund Management CompanyVinaCapital Fund Management JSC
Investment MethodologyActive, top-down and research-driven approach
Minimum investmentVinaFlex: VND 2,000,000
VinaSave : VND 200,000
Trading frequencyWeekly, on Tuesdays (except for public holidays)
Benchmark ReturnAverage 3-month deposit rate, interest payable on maturity, by 4 state-owned commercial banks including Vietcombank, BIDV, VietinBank and Agribank
FeesSubscription fee:
– 0% for all fund distribution programs
Custodian Bank, Fund Administrator and Transfer AgencyRedemption fee:
– VinaFlex: 2.5% if the fund unit holding time less than 1 year, 1% if more than 1 year;
– VinaSave: 2.0% if the fund unit holding time less than 2 years, 0% if more than 2 years.
Standard Chartered (Vietnam)
AuditorErnst & Young Vietnam

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