Funds in Vietnam Report NAV Growth of 25 per cent: LCF Rothschild
The England’s LCF Rothschild Emerging Market Funds Research said in its recent report that by the end of June securities funds operating in Vietnam had witnessed an average growth of 25 per cent in their net asset value (NAV) from the end of 2008.
HLG Vietnam Fund saw the highest growth in NAV with 43.5 per cent, followed by PXP Vietnam Fund 42 per cent, Vietnam Emerging Equity 32.7 per cent, JF Vietnam Opportunities 28 per cent, Indochina Capital with 11.4 per cent, the LCF said.
The NAV of domestic investment funds such as Manulife, VFMVF1 and VFMVF4, which are listed on the Hochiminh Stock Exchange, rose 25 per cent on average. (
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