Vietnam Debt Fund SPC

Fund objective

Launched in 2007, VDeF is the first dedicated fixed-income fund focusing on Vietnam’s local currency debt market. In special circumstances, the Fund can to also invest up to 35% in other Asian currencies, or 100% cash in OECD currencies. The Fund seeks to generate, through active management, reasonably stable and high returns without taking excessive risk, within the context of the Vietnamese fixed income market.

Investment strategy

VDeF’s investment performance relies on using proprietary credit and economic analysis to identify attractive securities and strategies. It aims to achieve a gross return equivalent or better than three out of four reference indices the DC liquid bond index and 1-year, 2-year and 5-year VGB indicies and pays annual dividends which reasonably reflect its performance.

Portfolio manager