Manager Comment May 2017

The Vietnam Fund returned +3.0% in May with an NAV of USD 1,787.13, a new all-time high, bringing the net return since inception to +78.7%. This represents an annualised return of +18.4% p.a. The May performance of the Ho Chi Minh City VN Index in USD was +2.8% while...

Manager Comment April 2017

The Vietnam Fund returned +1.0% in April with an NAV of USD 1,735.79, a new all-time high, bringing the net return since inception to +73.6%. This represents an annualized return of +17.9% p.a. The April performance of the Ho Chi Minh City VN Index in USD was −0.6%...

Fund Manager Comment – March 2017

The Vietnam Fund returned +1.9% in March with an NAV of USD 1,718.10, a new all-time high, bringing the net return since inception to +71.8%. This represents an annualized return of +18.0% p.a. The March performance of the Ho Chi Minh City VN Index in USD was also...