Vietcombank Fund Management

Vietcombank Fund Management ("VCBF") is a joint venture between Joint Stock Commercial Bank for Foreign Trade of Vietnam (“Vietcombank”) and Franklin Templeton Investments. Vietcombank is Vietnam’s leading financial institution and Franklin Templeton Investments is an internationally recognized investment firm and a pioneer in emerging market investments.

VCBF offers access to a range of investment opportunities in Vietnam. The institutional private equity business intends to launch a new fund in the near future. VCBF’s asset management services are currently focused on separately managed accounts for institutions and high net worth clients and managed two open-ended funds including VCBF Tactical Balanced Fund and VCBF Blue Chip Fund. Total assets under management as at 30 June 2018 amounted to over US$140.8 million.

VCBF has assembled a management and investment team with many years of experience in local and international finance. Our strong relationships with local companies provide value to investors through an in-depth knowledge of our targeted investee businesses and are of significant importance in the assessment and sourcing of attractive investments.

VCBF was established under the license No 06/UBCK-GPHÐQLQ issued on 2nd December 2005 by the State Securities Commission of Vietnam. Franklin Templeton became VCBF’s foreign partner in February 2008.

VCBF’s private equity funds and discretionary mandates are amongst the best performing in Vietnam.
VCBF was awarded the Best Fund Management Company in Vietnam in 2017, International Finance Magazine, UK and the Best Investment Management Company in Vietnam in 2013, World Finance Magazine, UK.

Partners

Joint-Stock Commercial Bank for Foreign Trade of Vietnam ("Vietcombank”)

Vietcombank holds a 51% stake in VCBF and is widely regarded as Vietnam’s premier banking institution due to its broad capabilities and the central role it plays in Vietnam’s banking sector. It is the third largest banking group in terms of total assets and the most profitable universal banking and financial services group in Vietnam.

Vietcombank is a market leader in corporate banking, trade finance, international payments and card services. It is the prime inter-bank lender with more than three quarters of its business in the corporate sector where it maintains more than 6,000 institutional relationships.

One of Vietcombank’s key strengths is its nationwide network of 537 branches and transaction offices and over 16,227 employees, which provide the bank with extensive coverage and reach throughout Vietnam. The bank listed on the Ho Chi Minh Stock Exchange in June 2009 (Ticker: VCB).
 

Franklin Templeton Investments ("FTI")

Franklin Templeton Investments holds a 49% stake in VCBF and is a global investment management organization, headquartered in San Mateo, California. The group has offices in 30 countries and clients in more than 170.

With over 70 years of experience and a long history of investing in emerging markets, FTI was one of the first investment managers to establish a solid global footprint.

FTI manages investments for individuals, institutions, pension plans, trusts, partnerships and other clients globally. The group offers investment solutions for investors including mutual funds, retirement savings vehicles and college savings plans. The group’s global and domestic investment management solutions are managed by its Franklin, Templeton, Mutual Series, Bissett, Fiduciary Trust, Darby, Balanced Equity Management and K2 investment teams. Total assets under management as at 30 June 2018 amounted to over US$724.1 billion.

Franklin Templeton has over 100 offshore funds, of which 20 funds received a  4-Star Overall Morningstar RatingTM  and five funds received a 5-Star Overall Morningstar RatingTM  as at June 2018.

As one of the earliest foreign fund investors in Vietnam, FTI launched its Templeton Vietnam Opportunities Fund and established a Vietnam office in February 1995. Presently, activities in Vietnam are assisted by its Ho Chi Minh City research office and involvement in VCBF.

FTI provides extensive support to VCBF through the sharing of investment knowledge and management expertise in many areas.
 

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Investment has never been so easy! Please refer to the successful investment stories with open-fund VCBF.

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