VCBF-TBF is an open-ended fund with a balanced investment strategy. It invests in stocks and fixed income assets with good credit quality.
VCBF-TBF invests 50% (±25%) in listed stocks and fixed income assets with large and mid-market capitalizations. Investments include Vietnamese government bonds, local government bonds, government-guaranteed bonds, and listed corporate bonds with good credit ratings.
The fund's asset allocation is adjusted based on the assessment of risk-return of investment opportunities.
Average changes of VNIndex and 10-year Vietnamese government bond yields.
| Stock Code | Stock Name | % of NAV |
|---|---|---|
| MML121021 | Masan MEATLife JSC Bond | 5.7% |
| FPT | FPT Corporation | 5.5% |
| MBB | Military Commercial Joint Stock Bank | 5.2% |
| STB | Saigon Thuong Tin Commercial Joint Stock Bank | 4.8% |
| MWG | Mobile World Investment Joint Stock Company | 4.1% |
| Total | 25.3% | |
Ms. Duong Kim Anh, M.Econ
Chef Investment Officer
Ms. Kim Anh was appointed as VCBF’s Chief Investment Officer in March 2024. Ms. Kim Anh joined VCBF in June 2006 as an Investment Analyst and progressed to oversee all aspects of the investment process for the three institutional private equity funds. She started managing fixed income portfolios and co-managing mutual funds in 2016 and became Deputy Chief Investment Officer in 2018.
Before joining VCBF, Ms. Kim Anh was a senior investment consultant with Invest Consult Group, a local investment consulting group, for six years.
Ms. Kim Anh holds a Master of Economics degree in Banking & Finance from a post-graduate program, jointly offered by ESCP-EAP and University of Paris Dauphine, a Bachelor of Applied Science, Property Economics degree from Queensland University of Technology, Australia.
Mr. Nguyen Trieu Vinh, CFA, ACCA
Deputy Head of Investment Division – Head of Equity Investment
Mr. Vinh is currently the Deputy Head of the Investment Division at VCBF and co-managing equity portfolios and mutual funds.
Mr. Vinh joined VCBF in July 2008 as an Investment Specialist in the Private Equity team. Vinh joined the Asset Management team at the start of 2014 and then became Head of Research and Assistant Portfolio Manager in October 2015. After pursuing his postgraduate education in Canada, he rejoined VCBF in late 2020.
Before VCBF, Mr. Vinh was an auditor with PricewaterhouseCoopers Vietnam, where he covered clients in the food and beverage and insurance sectors.
Mr. Vinh holds Master of Business Administration degree from University of British Columbia and Bachelor of Arts degree from the University of Economics of Ho Chi Minh City. Mr. Vinh is a member of ACCA (UK) and a Chartered Financial Analyst (CFA) Charter holder.
Mr. Pham Le Duy Nhan, M.Fin
Portfolio Management Director
Mr. Nhan joined VCBF in April 2016 as an Equity Research Analyst, covering Pharmaceuticals, Retail, Aviation and Real Estate. He was promoted to Associate Research Manager in August 2018 and has been assisting Portfolio Managers to manage discretionary equity investment portfolios for high-net-worth individuals since then. He became Portfolio Manager since August 2019.
Before joining VCBF, Mr. Nhan had three years’ experience as Senior Analyst with VN Direct Securities Company and Analyst for FPT Securities Company. He was responsible for companies in the industries of Food and Beverage, Aviation and Garment.
Mr. Nhan holds Master of Finance degree from the La Trobe University, Australia, where he earned the Dean’s Medal for Academic Excellence as Best Postgraduate in 2012, and Bachelor of Finance & Banking degree from the University of Economics of Ho Chi Minh City, where he was awarded Exemplary Student.
You want to invest? Please fill the form:
