Monday, November 30, 2020 11:19:29 AM - Markets open
VN-INDEX 1,008.72 -1.50/-0.15%
HNX-INDEX 147.82 -0.35/-0.24%
UPCOM-INDEX 66.85 +0.06/+0.09%
Funds reports good performance in Q3
Vietnam+ - 10/6/2020 3:17:54 PM
 (0 ratings. You must sign in to rate.)
 Investment funds have seen their net asset value (NAV) increase strongly during the third quarter of this year thanks to positive movements of the market.
The VN-Index gained 9.71 percent in the third quarter. The VN30-Index also increased by 11.42 percent in Q3. With these recoveries, the VN-Index and the VN30-Index were among the world’s top growing stock indices in the quarter.
Newly established domestic exchange-traded funds (ETFs) of VFMVN Diamond and SSIAM VNFin Lead had the best performance with a growth rate net asset value (NAV) of 16.6 percent. Pyn Elite Fund also performed positively with a NAV increase of 14.67 percent, far ahead of the rise of the VN30-Index and VN-Index.
Vietnam Enterprise Investments Limited Fund (VEIL), run by Dragon Capital, also outperformed in the third quarter with a NAV growth of 13.15 percent.
The largest domestic ETF fund VFMVN30 ETF reported a growth of 12.04 percent, slightly higher than the growth of VN30 index.
Yurie Vietnam Alpha Securities reported the lowest growth among listed funds with a 6.95 percent increase.
Despite a positive performance in the third quarter, in the first nine months of the year, the VN-Index still fell 5.8 percent and the VN30 Index dropped 2.33 percent.
With less positive market movements, some funds also had negative growth in nine months such as VNM ETF, which was the fund with the worst performance as NAV growth was negative 7.18 percent.
The fund with the best performance so far this year was VOF VinaCapital with NAV growing by 7.78 percent.
The Pyn Elite Fund also reported a NAV growth of 2.4 percent./.
Read original article here
Newer News
27/11 VN-Index hits one-year high of 1,000 points
24/11 VN stocks remain upbeat, rally extends for 5th day
24/11 Realty stocks are attractive: experts
18/11 Margin trading should be allowed on UPCoM
16/11 Market rally to go on, corporate earnings in the sight
11/11 Trading value on HNX up 16.5 per cent in October
06/11 VN-Index ends 4-day rally on worries over US election
04/11 Shares narrow gains on market swing
28/10 Local stocks dragged by profit-making attempts
22/10 Individual purchases still key to market growth, VN-Index expected to end year at 1,000 points
Older News
30/09 Stock market dives, profit taking rises in banking, consumer and energy sectors
30/09 Billions of banking stocks to flood market under dividend plans
25/09 Shares lose steam on rising profit-taking
15/09 Realty, materials boost VN market
14/09 Varying forecasts for stock market, plenty of opportunities for investors
11/09 Shares struggle as large caps vary
09/09 Local ETFs draw foreign attention
07/09 Profit taking to weigh on local market, but September may be bright
07/09 Stock market makes smart recovery in August [Sửa | Xóa]
03/09 New circular helps perfect financial products and stock market: expert
Newsletter Signup
Top Stories
Reference exchange rate continue going down
Reference exchange rate down 8 VND at week’s beginning
Reference exchange rate down 15 VND
Growth target of 6 percent for 2021 is feasible: legislator
VNM: Vinamilk plans to import 1,200 milch cows from US in 2021
Market Update
Last updated at 11:15:01 AM
VN-INDEX 1,008.72 -1.50/-0.15%
Real-time chart
Top 5 Actives
Top 5 Gainers
Top 5 Losers
My Favorite Quotes
Your most recently viewed tickers will automatically show up here if you type a ticker in the Get Quotes box on the top of the page.
Company Research
Type in the symbol above for thorough background information, key statistics and financial information.
Stock Sectors
We continuously improve our services, here are the latest updates...
Allow you to monitor a customised group of securities. You can set up multiple Portfolios to help you better manage your investments.
Trigger Alerts
Get up-to-date alerts delivered directly to your email address.
Stock Screener
Allow you to filter the market and find exactly what sort of company you are looking for.
Live Terminal
Get instant access to FREE REAL-TIME streaming quotes for hundreds of stocks from HOSE, HNX and UPCOM exchanges.