As of 4 October 2022


Symbol VCBF-MGF
Inception date 02/12/2021
License number 48/GCN-UBCK
Supervisory bank Standard Chartered Bank
Auditor Ernst & Young
Distributors VCBF, FMARKET
Profit distributions N/A

Net Asset Value

262,276,493,605 VND


 
NAV/unit 8,613.83
NAV change since last week -7.02%
YTD Total Return at NAV

-14.45%

Highest NAV/ unit (52w) 27,193.79
Lowest NAV/ unit (52w) 20,665.63
Number of outstanding units

30,448,274.47

% of foreign ownership * 0.28%
Distribution rate at NAV * N/A
Expense ratio and Turnover rate

Operating expense rate (%) * 2.82%
Portfolio turnover rate (%) * 87.93%
Portfolio Positions * 12 
(*) Update at 4 October 2022

Description

VCBF Midcap Growth Fund (VCBF-MGF) is an open-ended fund which invests up to 100% of its Net Asset Value in listed equities with mid market capitalization and good liquidity.

 

Investment objectives

The investment objective of the Fund is primarily to provide medium to long term capital appreciation.

 

Investment strategy

The Fund will primarily invest in a diversified portfolio of stocks listed on the Ho Chi Minh Stock Exchange (“HSX”) and the Ha Noi Stock Exchange (“HNX”) which have a mid market capitalization and are liquid.

The Fund follows a blend of value and growth style of investing.

The Fund will follow a bottom-up approach to selecting stocks for investment, focusing on the individual attributes of a company, and choosing companies across sectors.

 

Benchmark of the Fund

The VNMIDCAP Index shall be the benchmark.

 

Benefits

The Fund gives you the opportunity to increase long-term returns through investment in a diversified portfolio of companies that are considered to be the best in their industry. These companies typically have good growth prospects, have good management teams and are priced reasonably or undervalued.

The Fund has other benefits as an open-ended fund. You can read more about benefits of an open-ended fund in “Benefits of OEFs” item on menu “Open-end funds”

What type of investors is the fund suitable for?

VCBF Midcap Growth Fund focuses on generating long-term returns from investments in mid cap companies, hence could be considered as a core equity portfolio for all type of investors with an investment horizon of 3 - 5 years or longer.

 

 
Portfolio Details
As of 31 August 2022
danh muc vcbf

 

Asset Mix 
Equity 94.24%
Term Deposit

3.37%

Cash and Others  2.39% 
   
Industry Breakdown
Consumer Discretionary 13.4%  danh muc vcbf           
Consumer Staples  0.5%
Financials

30.8%

Health care

4.1%

Industrial

14.3%
Information Technology 3.1%
Materials 2.1%
Real Estates 6.8%
Utilities 6.8%
 Not Classifed 18.0% 
   
Top 05 holdings

 
Company short name % of NAV
Sai Gon Thuong Tin Commercial JS Bank  (STB)

11.0%

Coteccons Construction Joint Stock Company (CTD) 8.0%
Viettel Post (VTP) 5.3%
Quang Ngai Sugar Joint Stock Company (QNS) 5.1%
Hang Xanh Motors Service Joint Stock Company (HAX) 4.2%
Total 33.6%

 

  • Ms. Nguyen Thi Hang Nga, MCom, CFA, 20 years of investment and audit experience.
  • Ms. Dương Kim Anh, Master of Economics in Banking & Finance, 21 years of investment and investment consulting experience.
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