VCG Partners Vietnam Fund (VVF)
VVF is an actively managed UCITS-compliant fund that invests in equities and equity-related securities of companies that are based in Vietnam or that have substantial exposure to Vietnam, with an objective to outperform the Vietnamese benchmark index over the long term, through bottom-up stock picking and disciplined risk management
- Is an open-ended UCITS compliant fund
- Provides both growth and income
- Offers a highly competitive pricing policy on an actively managed portfolio, more advantageous for an investor seeking to capitalize on Vietnam’s growth potential versus an index fund or ETF
- Is managed by a highly qualified team of local fund managers with international fund management experience
(As at 29 October 2021)
| Class A share | USD25.37 |
| Class B share | USD21.2 |
| Class C share | EUR21.13 |
| Class D share | EUR20.52 |
| Class E share | USD22.35 |
| Class G share | JPY1997 |
| Structure | UCITS-compliant open-ended investment fund |
| Domicile | Luxembourg |
| Strategy | Geographical focus is Vietnam, bottom-up, long-term investment approach |
| Valuation Policy | NAV |
| NAV Frequency | Daily |
| Subscription / Redemption Dealing Date | Daily, cut-off time is 6:00 pm Luxembourg time |
| Management Company | Edmond de Rothschild Asset Management (Luxembourg) |
| Depository Bank | Edmond de Rothschild (Europe) |
| Investment Manager | VinaCapital Fund Management JSC (a subsidiary of VinaCapital Group) |
| Auditor | PriceWaterhouse Coopers Societe Cooperative, Luxembourg |
| Registration for Public Distribution | UK (Ref. No.: 717686); Germany (BaFin ID: 70146150); Singapore (Scheme No.: 15N89T90502); Austria; Switzerland; Sweden, the Netherlands |
| Local Agents (as required by regulatory law) | ||||||
|---|---|---|---|---|---|---|
| Country | Austria | Germany | Switzerland | UK | Sweden | |
| Function | Paying and Information Agent | Information Agent | Swiss Representative | Paying Agent | Facilities Agent | Paying Agent |
| Entity | Erste Bank der oesterrelchischen Sparkassen AG | Zeidler Legal Services | First Independent Fund Services Ltd | NPB Neue Privat Bank AG | Zeidler Legal Services | MFEX Mutual Funds Exchange AB |
| Address | OE 0984, Graben 21, A-1010 Vienna Austria | Bettinastraße 48 60325 Frankfurt am Main Germany | Klausstrasse 33 CH-8008 Zurich Switzerland | Limmatquai 1/am Bellevue P.O.Box CH-8022 Zurich Switzerland | Aldgate Tower, 35 Whitechapel High Street, London E1 7PU, United Kingdom | Grev Turegatan 19 Box 5378 SE-102 49 Stockholm, Sweden |
| Share Class Information | |||||||
|---|---|---|---|---|---|---|---|
| A | B | C | D | E | F | G | |
| Valuation Currency | USD | USD | EUR | EUR | USD | GBP | JPY |
| Type of Investors | Restricted1 | Unrestricted | Unrestricted | Unrestricted | Unrestricted | Unrestricted | Unrestricted |
| Issue Price | USD10 | USD10 | EUR10 | EUR10 | USD10 | GBP10 | JPY1,000 |
| Minimum Initial Subscription | USD500,000 | USD5,000 | EUR500,000 | EUR5,000 | USD500,000 | GBP3,000,000 | JPY10,000,000 |
| Minimum Holding | USD500,000 | USD5,000 | EUR500,000 | EUR5,000 | USD500,000 | GBP3,000,000 | JPY10,000,000 |
| Front-end Load | Up to 5% | Up to 5% | Up to 5% | Up to 5% | Up to 5% | None | Up to 5% |
| Redemption Fee | None | None | None | None | None | None | None |
| Management Fee | Up to 1.25% | Up to 2% | Up to 1.25% | Up to 2% | Up to 1.25% | Up to 1.25% | Up to 2% |
| Performance Fee | None | 15%2 | 15%2 | 15%2 | 15%2 | None | None |
| ISIN | LU1163030197 | LU1163027052 | LU1214542463 | LU1214545136 | LU1286782559 | LU1286782716 | LU1286783011 |
| Bloomberg | FOVCPVA LX Equity | FOVIEBU LX Equity | FOVIECE LX Equity | FOVIEDE LX Equity | FOVIEEU LX Equity | FOVCPVG LX Equity | |
- The current Prospectus, KIIDs, the Articles, and the annual and semi-annual reports of the Company are available to the Investors at the registered offices of the Company at 20, rue Emmanuel Servais, L-2535 Luxembourg, and the local agents’ offices as listed above.
- To visit Edmond de Rothschild click Here
1Class A Shares are restricted to existing holders of the Listed Portfolio Share class (AIM: VNIL) of Vietnam Infrastructure Limited; external investors may subscribe to the Class A Shares at the discretion of the Investment Manager.
215% of the outperformance of the NAV per Share over the Adjusted Reference NAV as described in Section IX of the Forum One-VCG Partners Vietnam Fund Prospectus
NAV
Benchmark
| As of 21-01-2022 |
YTD return (2022) (%) |
1-year return (%) | 3-year annualized return (%) |
5-year annualized return (%) |
Annualized return since inception (14-07-2015) (%) |
|---|---|---|---|---|---|
| VVF | -2.7 | 42.1 | 21.9 | 15.9 | 14.8 |
| Benchmark | -1.5 | 31.3 | 18.4 | 16.3 | 12.9 |
*Benchmark: VN-Index
| Year | 2021 | 2020 | 2019 |
| Fund Return | 49.5% | 22.8% | 0.1% |
2021
| FORUM ONE – 2021-06-30 SEMI ANNUAL REPORT | September 13, 2021 |
2020
| FORUM ONE – 2020-12-31 ANNUAL REPORT | September 13, 2021 |
| FORUM ONE – 2020-06-30 SEMI ANNUAL REPORT | October 31, 2020 |
2019
| FORUM ONE – 2019-12-31 ANNUAL REPORT | May 26, 2020 |
| FORUM ONE – 2019-06-30 SEMI ANNUAL REPORT | February 05, 2020 |
2018
| FORUM ONE – 2018-12-31 ANNUAL REPORT | February 05, 2020 |
| FORUM ONE – 2018-06-30 SEMI ANNUAL REPORT FINAL | October 10, 2018 |
Shareholder Notifications
| Redemption Notice to Shareholders | February 12, 2019 |
Prospectus & KIID
| Prospectus-March 2021 | March 18, 2021 |
| KIIDOC-LU1163030197-Class A | March 18, 2021 |
| KIIDOC-LU1163027052-Class B | March 18, 2021 |
| KIIDOC-LU1214542463-Class C | March 18, 2021 |
| KIIDOC-LU1286782559-Class E | March 18, 2021 |
| KIIDOC-LU1214545136-Class D | March 18, 2021 |
| KIIDOC-LU1286783011-Class G | March 18, 2021 |
Investor Booklet
| 20 January 2016 – Investor Pack | August 17, 2021 |
| 2018 06 12 – Forum_One_Attestation_UCITS_ EN | October 10, 2018 |
| 2018 06 12 – Forum_One_Attestation_UCITS_ FR | October 10, 2018 |
| 2018 06 12 – Forum_One_Attestation_UCITS_ DE | October 10, 2018 |