Highlights about VinaCapital
VinaCapital is one of the most experienced fund management companies in Vietnam. VinaCapital is trusted by a large population of existing and potential investors due to their provision of multiple funds with different risk and return profiles that meet a range of investor needs. Additionally, some of their strengths include:
– Led by senior executives with over 150 years of combined investment experience in Vietnam
– Has more than 15 years of experience in the Vietnamese industry
– The assets under their management equal to 2 billion USD
Highlights about the open-ended fund managed by VinaCapital
The fund is called “open-ended” because it does not have a definite term, and investors may join and leave the fund any time they want. To join a fund, the investor simply opens an account and transfers Money into the fund. When the investor wishes to leave the fund, the investor simply sends a request to withdraw his/her money from the fund. The price at which investors join and leave a fund is determined by the value of the fund at the time the investor joins or leaves.
VinaCapital currently offers the following investment options in the open-ended fund:
VinaWealth Equity Opportunity Fund (VEOF): VEOF’s objective is to generate capital gains in the medium term (1-3 years) by investing into a diversified portfolio of listed stocks, with particular focus on large-cap stocks. Per regulations, the fund may only invest into listed Vietamese stocks.
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.
Vietnam Equity Special Access Fun (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.
Invest in the open-ended fund managed by VinaCapital through the Timo app
In today’s 4.0 revolution, the trend of investing in the open-ended fund has become more well-known. The age groups of potential and existing investors have also become younger as the minimum investment value is not high (minimum 2.000.000 VND).
When investing with VinaCapital through the Timo app, you can choose between VEOF or VFF. You can easily create an investment account with VinaCapital with the minimum value of 2.000.000 VND, along with a few swipes and taps. The 0 entry (subscription) fee is applied for both investment solutions. If investors would like to switch between the available investment solutions, the switching fee for the first time is free. The fee of 0.5% will be applied for the second switching and onward within a fiscal year.
Find out more about investing with VinaCapital in the Timo app here.
Timo