Fund Statistics 1
| Data/Ratio | VEF2 | FTSE VN |
| Annualised return (%) | 11.20 | 4.43 |
| Minimum (%) | -29.35 | -23.16 |
| Maximum (%) | 21.78 | 15.93 |
| Stand Dev (%) | 20.25 | 17.69 |
| Tracking Error (%) | 11.85 | - |
| Sharpe Ratio | 0.51 | 0.20 |
| Treynor Ratio (%) | 10.99 | 3.46 |
| Jensen's Alpha | 7.00 | 0.00 |
| Information Ratio | 0.57 | - |
| Beta | 0.93 | 1.00 |
1. All calculations based on 82 historic monthly time weighted returns of the portfolio. Data annualised.
2. All data are of A Shares as of 30/09/2020
Performance (%)
| All in US$ | 1 Week | 1 Month | YTD | 1 Year | 2 Years | 3 Years | 5 Years | Since Inception 30 September 2013 |
| VEF | 1.68 | 5.90 | -0.75 | -4.24 | -3.53 | 9.27 | 62.51 | 120.99 |
| FTSE VN Index TR | -0.28 | 5.88 | 1.31 | -2.06 | 1.50 | 21.46 | 36.03 | 45.52 |
(As at 22/10/2020)
Fund Performance (%)
(As at 22/10/2020)
Monthly Return (%)
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | YTD | |
| 2013 | -0.32 | 1.67 | 0.73 | 2.08 | |||||||||
| 2014 | 11.68 | 4.52 | 0.54 | -1.31 | -5.24 | 1.53 | 5.01 | 8.14 | -1.71 | 0.85 | -3.99 | -1.76 | 18.31 |
| 2015 | 2.52 | 0.65 | -4.13 | 1.42 | 1.34 | 0.73 | 5.83 | -4.85 | 3.09 | 7.64 | -0.73 | -0.32 | 13.25 |
| 2016 | -3.86 | 3.21 | 4.66 | 2.28 | 2.33 | 7.44 | 4.86 | 5.31 | 1.52 | -3.16 | -3.94 | -2.00 | 19.36 |
| 2017 | 4.53 | -0.83 | 4.32 | -0.59 | 4.40 | 6.18 | -2.28 | -0.08 | 4.27 | 1.16 | 11.17 | 3.60 | 41.35 |
| 2018 | 5.85 | 2.20 | 4.30 | -8.40 | -4.29 | -2.26 | -1.33 | 4.24 | 5.43 | -9.03 | 0.38 | 0.87 | -3.43 |
| 2019 | -2.11 | 4.98 | -1.51 | -0.99 | -1.23 | 1.86 | 2.63 | -0.40 | 2.06 | -0.49 | -4.14 | -0.43 | -0.09 |
| 2020 | -4.55 | -4.85 | -29.35 | 21.78 | 11.37 | -3.90 | -3.12 | 12.3 | 3.79 | -5.56 |
(As at 30/09/2020)
Top 10 Holdings
| Name | Ticker | Sector | NAV (%) |
| 1 MB Bank | MBB | Banks | 8.49 |
| 2 FPT Corp | FPT | Software & Services | 7.99 |
| 3 Vietcombank | VCB | Banks | 7.95 |
| 4 Mobile World | MWG | Retail | 7.58 |
| 5 Vinhomes | VHM | Real Estate | 6.72 |
| 6 Phu Nhuan Jewelry | PNJ | Consumer Durables | 4.85 |
| 7 Hoa Phat Group | HPG | Materials/Resources | 4.80 |
| 8 Vietinbank | CTG | Banks | 4.69 |
| 9 Bao Viet Holding | BVH | Insurance | 4.62 |
| 10 Airports Corporation VN | ACV | Transportation | 4.42 |
(As at 22/10/2020)
Sector Allocation (%) - 30/9/2020
Market Cap Distribution (%) - 30/9/2020
Fund Information
| Legal Form | Irish Plc., Umbrella Fund |
| Type | Open - ended, UCITS V |
| Investment Manager | Dragon Capital Management (HK) Limited |
| Duration of Fund | Unlimited |
| Registered for Distribution | Belgium, Switzerland, Spain, UK, Norway, Germany, Greece, Luxembourg, Singapore, Italy |
| Valuation of the Fund | Daily |
| Depositary/Administrator | SEI Investments |
| Auditor | KPMG Ireland |
| Use of Profits | Dividend reinvested |
| Subscription Deadline | 2.00 p.m. (Dublin time) on the relevant Subscription Date |
| Redemption Deadline | 2.00 p.m. (Dublin time) on the Business Day two Business Days prior to the relevant Redemption Date |
| LEI | 213800POVUDXEUZ8SC97 |
| A Share | B Share | |
| ISIN | IE00BD5HPH84 | IE00BV8WVB25 |
| Reuters | LP68206089 | LP68206089 |
| Bloomberg Symbol | VIETNAM ID | VIETEUR ID |
| Valor No | 22319753 | 42634389 |
| Fund Currency | US Dollar (US$) | Euro (EUR) |
| Subscription Fee | 0% to 5.00% | 0% to 5.00% |
| Management Fee | 2.00% | 1.50% |
| Minimum Initial Subscription | US$10 | EUR1,000,000 |
| Minimum Subsequent Subscription | N/A | EUR100,000 |
| Minimum Investment | US$10 | EUR5m by annual anniversary of initial investment |
(As at 05/09/2019)
Le Yen Quynh
VEF Portfolio Manager
A graduate in Finance & Banking from HCMC Economic University, Quynh joined Asia Commercial Bank, becoming Senior Treasury Officer responsible for gold trading. In 2007, she joined Dragon Capital as an Analyst, then took a sabbatical at Melbourne University where she earned an MCom in Finance. In 2011 she joined our Vietnam Growth Fund, then became portfolio manager of the new Vietnam Equity (UCITS) Fund in 2013.