The Vietnam Fund lost −0.1% in June with a NAV of USD 1,800.40, bringing the return since inception to +80.0%. This represents an annualised return of +13.9% p.a. The Ho Chi Minh City VN Index in USD lost −1.6%, while the Hanoi VH Index lost −8.1% (in USD terms). The...
The Asia Frontier Fund USD A-shares declined −2.7% in June 2018. The fund underperformed the MSCI Frontier Markets Asia Net Total Return USD Index (+0.3%) but outperformed the MSCI Frontier Markets Net Total Return USD Index (−3.5%) and the AFC Frontier Asia Adjusted...
In May, the Listed Infrastructure Fund continued its positive development. Especially GDP-sensitive stocks profited from the easing of trade tensions between the US and China. For instance, One of the top performers in the portfolio was the US railway operator Union...
The Listed Private Equity Fund recorded a significant NAV-increase in May. Particularly US-based business development companies (BDC’s) and alternative asset managers developed favorably. For example, the alternative asset manager KKR contributed positively to...
The Vietnam Fund lost −3.2% in May with a NAV of USD 1,802.50, bringing the return since inception to +80.2%. This represents an annualised return of +14.2% p.a. The Ho Chi Minh City VN Index in USD lost −7.7%, while the Hanoi VH Index lost −6.5% (in USD terms). The...
