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VietNam Holding is an Investment Trust

To achieve long term capital appreciation by investing in a diversified portfolio of companies that have high growth potential at an attractive valuation in Vietnam.

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Monthly Investor Report

19 Sep 2017 11:57

RNS Number : 1735R
VietNam Holding Limited
19 September 2017
 

VietNam Holding Limited ("VNH" or the "Company")

Monthly Investor Report

A report detailing the activities of the Company for the month of August 2017 has been issued by VietNam Holding Asset Management Limited, the investment manager of the Company. Electronic copies of the report have been made available to shareholders on the Company's website at http://www.vietnamholding.com/publications/investor-reports and a summary of the report is included below.

 

Investor Report Summary

 

August was a virtually flat month for the Vietnam All Share Index, and poor for VNH, with the fund down 2.23% to a net asset value per share of USD 2.714. The overall trend for the VNAS remains a positive one, after a 23.38% gain year-to-date on a USD basis.

 

This month has seen confirmation of the drive from the top of government to further expand banking sector loan growth, with a new target of 21-22% versus the previous 18%.

 

 

For more information please contact:

VietNam Holding Asset Management Limited

Investor Relations

Jay Vontobel

investorrelations@vnham.comwww.vietnamholding.com

Smith & Williamson Corporate Finance Limited 

Nominated Adviser

Tel: +44 20 7131 4000

Azhic Basirov / Ben Jeynes

Winterflood Investment TrustsBroker

Tel: +44 20 3100 0000

Joe Winkley / Neil Langford

Buchanan CommunicationsFinancial Public Relations

Tel: +44 20 7466 5000

Charles Ryland / Vicky Hayns

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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