VinaWealth Enhanced Fixed Income Fund (VFF)

VFF is a bond open-ended fund with the objective of generating stable, low risk return in the medium term (1-3 years). Per regulations, VFF must invest at least 80% of the fund’s assets into fixed-income instruments, including government bonds, government-guaranteed bonds, municipal bonds, corporate bonds, valuable papers, and bank deposits. The fund may invest up to 15% of assets into listed equity. VFF’s performance benchmark is the average 3-month deposit rate of Vietnam’s 4 state-owned banks (Vietcombank, Vietinbank, BIDV, Agribank).

VFF is suitable for investors who have medium-term (1 year or more) investment horizons and desire to achieve risk-adjusted returns slightly higher than bank deposit rates. VFF is considered a low-risk fund, but the fund is subject to interest rate risk, market risk and economic conditions.