Vietnam Equity Special Access Fund (VESAF)
VESAF is an equity open-ended fund invests into equities to generate capital gain in the medium to long-term (2-5 years). VESAF’s objective is to generate attractive risk-adjusted returns over the long-term, through bottom-up stock selection and disciplined risk management, especially stocks that have attracted special attention from foreign investors with limited room for foreign investments.
Since VESAF is an equity open-ended fund, it is subjected to medium to high risk, and stock market highs and lows. VESAF is suitable for investors who require high expected return, want to capitalize on medium and long-term opportunities presented by Vietnam’s stock market and can tolerate short-term volatility.
VESAF Information
| Fund structure | Open-ended fund domiciled in Vietnam and regulated by SSC |
| Inception date | 18 April 2017 |
| Minimum investment amount | VND 100,000,000 |
| Trading frequency | Weekly, on Tuesdays |
| Management fee | 1.75% / year |
| Subscription 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) | 0.0% |
| Switching fee (based on switching amount) | 0.0% |
| Custodian bank, supervisory bank and fund administrator/td> | Standard Chartered Bank Vietnam (Việt Nam) |
| Transfer agency | Vietnam Securities Depository (VSD) |
Fund Performance
Fund return
| YTD
9.6% |
2018
-7.63% |
| 2017
23.5% |
NAV/Unit (VND)
| As of 10/12/2019
12,502 |
52 week high
13,187 |
| 52 week low
11,165 |
|
VESAF Information
| Fund structure Open-ended fund domiciled in Vietnam and regulated by SSC |
| Inception date 18 April 2017 |
| Minimum investment amount VND 100,000,000 |
| Trading frequency Weekly, on Tuesdays |
| Management fee 1.75% / year |
| Subscription 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) 0,0% |
| Switching fee (based on switching amount) 0.0% |
| Custodian bank, supervisory bank and fund administrator Standard Chartered Bank Vietnam |
| Transfer agency Vietnam Securities Depository (VSD) |
Fund Performance
Fund Return
| YTD
9.6% |
2018
-7.63% |
| 2017
23.5% |
NAV/Unit (VND)
| As of 10/12/2019
12,502 |
52-week high
13,187 |
| 52-week low
11,165 |
|
| 190904vesaf-cbtt-sua-doi-bo-sung-ban-cao-bach-gui-ssc | September 05, 2019 |
| 190904vesaf-ban-cao-bach-sua-doi-bo-sung | September 05, 2019 |
| VESAF – Bản cáo bạch thay đổi người điều hành Quỹ 06/04/2018 | April 07, 2018 |
| Dieu-le-VESAF-06-Jun-2017 | October 12, 2017 |
| VESAF-Addendum-for-Foreign-Investors-March-2017 | March 30, 2017 |
| VESAF-Charter-ENG-March-2017 | March 30, 2017 |
| VESAF-Prospectus-ENG-March-2017 | March 30, 2017 |
| VESAF – Ban cao bach tom tat | February 13, 2017 |
Please contact VinaCapital (Ms. Vân, email: van.vu@vinacapital.com) directly to receive a monthly report for VESAF