As of 16 May 2024


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

458,070,480,362 VND


 
NAV/unit 12,105.57
NAV change since last period  
YTD Total Return at NAV

 

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

37,839,635.71

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

Operating expense rate (%) * 2.40%
Portfolio turnover rate (%) * 38.07%
Portfolio Positions * 29
(*) Update at 16 May 2024

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 March 2024 danh muc vcbf

 

Asset Mix 
Equity 91.26%
Cash and Others

8.74%

   
   
Industry Breakdown
Financials 33.2% danh muc vcbf           
Not Classifed 9.7%
Consumer Discretionary

11.4%

Industrials

17.2%

Real Estates

7.6%
Utilities 7.3%
Information Technology 5.9%
Health care 4.0%
Materials 3.6%
   
   
Top 05 holdings

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

9.2%

Viettel Post Joint Stock Corporation (VTP) 5.5%
CTCP Chứng khoán Thành phố Hồ Chí Minh (HCM) 4.9%
Coteccons Construction Joint Stock Company (CTD) 4.9%
Military Commercial JS Bank (MBB) 4.2%
Total 28.7%

 

  • Mr. Nguyen Trieu Vinh, CFA, 20 years of investment and audit experience.
  • Mr. Nguyen Duy Anh, CFA, 10 years of investment and investment consulting experience.
  • Mr. Pham Le Duy Nhan, 10 years of investment and investment consulting experience.
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