Fund Information / Factsheet • May 9, 2018
Fund Information / Factsheet
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National Storage Mechanism | Additional information
RNS Number : 4903N
VietNam Holding Limited
09 May 2018
VietNam Holding Limited ("VNH" or the "Company")
Monthly Investor Report
A report detailing the activities of the Company for the month April 2018 has been issued by VietNam Holding Asset Management Limited, the investment manager of the Company. Electronic copies of the report have been made available to shareholders on the Company's website at http://www.vietnamholding.com/publications/investor-reports and a summary of the report is included below.
Investor Report Summary
April was the roughest month in a long time for the Vietnamese stock market, with the Vietnam All Share Index in total return, dollarized terms dropping -9.2% (VNH fund: -7.8%) - and this was a month of largely tranquil or benign performance for most other major global markets. Thus, the recently double-digit percentage year-to-date rise of Vietnam - at that time the world`s best - has been reigned in to +4.6% in dollars (VNH fund: +6.1%). The good news here is that the VNAS`s valuation is looking broadly reasonable once again, at 15.5x trailing earnings (and 18.7x for the more widely watched VN-Index).
For more information please contact:
VietNam Holding Asset Management Limited
Investor Relations
Jay Vontobel
+44 7810 785933
finnCap Nominated Adviser and Corporate Broker Tel: +44 20 72200500
William Marle / Alex Price
Buchanan Communications
Financial Public Relations Tel: +44 20 7466 5000
Charles Ryland / Vicky Hayns
This information is provided by RNS
The company news service from the London Stock Exchange
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