|As of 30 June 2019
|Supervisory bank||Standard Chartered Bank|
|Auditor||Ernst & Young|
|Distributors||SSI, Vietcombank, VCBS|
|Net Asset Value *||VND 253,636,845,691
|NAV change since last month||1.39%|
|YTD Total Return at NAV||1.39%|
|Highest NAV/ unit (52w)||21,133.94|
|Lowest NAV/ unit (52w)||17,790.29|
|Number of outstanding units *||12,835,717.09|
|% of foreign ownership *||20.44%|
|Distribution rate at NAV *||n/a|
|Expense ratio and Turnover rate
|Operating expense rate (%) *||1.98%|
|Portfolio turnover rate (%) *||2.82%|
|Portfolio Positions *||42|
|(*) Update at 31/07/2019|
The fund has flexibility in asset allocation taking either defensive or aggressive postures depending on opportunities available at various points in time. Under normal market conditions, the fund will invest 50% of its NAV in equity and 50% in high quality fixed income assets.
The fund seeks long-term total return via growth of capital and current income.
The fund offers a broad diversification and balanced exposure to the asset classes, making it attractive as a solid core holding in an investor’s portfolio.
The fund benefits from a flexible asset allocation strategy when economic conditions change.
VCBF Tactical Balanced Fund is 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”.
|Industrial Goods & Services||14.0%|
Food & Beverage
|Construction & Materials Telecommunications||7.8%|
|Oil & Gas||
|Automobiles & Parts||4.5%|
|Personal & Household Goods||0.8%|
|Top 05 holdings
|Company short name||% of NAV|
|Masan Corporation’s Bonds||
|Vietnam Dairy Product JSC (VNM)||
|Mobile World Investment Corporation (MWG)||5.1%|
|FPT Corporation (FPT)||5.1%|
HaDo Bond (HDG Bond)