Manager Comment November 2017

The Vietnam Fund gained +1.5% in November with a NAV of USD 1,853.86, bringing the net return since inception to +85.4%. This represents an annualised return of +17.0% p.a. The November performance of the Ho Chi Minh City VN Index in USD was +13.5% while the Hanoi VH...

Manager Comment October 2017

The AFC Vietnam Fund returned −0.7% in October with a NAV of USD 1,827.00, bringing the net return since inception to +82.7%. This represents an annualised return of +16.9% p.a. The September performance of the Ho Chi Minh City VN Index in USD was +4.1% while the...

Manager Comment September 2017

The Vietnam Fund returned +1.1% in September with a NAV of USD 1,840.73, bringing the net return since inception to +84.1%. This represents an annualised return of +17.6% p.a. The September performance of the Ho Chi Minh City VN Index in USD was +2.8% while the Hanoi...

Manager Comment August 2017

The Vietnam Fund returned -4.4% in August with a NAV of USD 1,820.85, bringing the net return since inception to +82.1%. This represents an annualised return of +17.6% p.a. The August performance of the Ho Chi Minh City VN Index in USD was -0.2% while the Hanoi VH...

Manager Comment July 2017

The Vietnam Fund returned +1.9% in July with a NAV of USD 1,904.24, a new all-time high, bringing the net return since inception to +90.4%. This represents an annualized return of +19.6% p.a. The July performance of the Ho Chi Minh City VN Index in USD was +0.9% while...

Manager Comment June 2017

The Vietnam Fund returned +4.5% in June with an NAV of USD 1,867.93, a new all-time high, bringing the net return since inception to +86.8%. This represents an annualised return of +19.4% p.a. The June performance of the Ho Chi Minh City VN Index in USD was +5.2%...