Estimated Daily Net Asset Value

RNS Number : 4121R

VietNam Holding Limited

14 June 2018

 

For immediate release

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

Estimated Daily Net Asset Value (NAV)

The Company announces that, at its close of business on 14 Jun 2018 its Estimated NAV was USD 218.10 million or USD 3.280 per share.

Change in position as at 14 Jun 2018

	NAV per share growth	VNAS (USD) growth
Daily	-0.58%	-0.98%
Calendar month-to-date	4.39%	5.64%
Calendar year-to-date	5.06%	1.49%
5 year CAGR	13.68%	11.89%

Daily performance is calculated by reference to the previous day NAV/share and VNAS (Vietnam All Share Index). As of 1 February 2018, the Estimated Daily NAV includes an accrual for an incentive fee potentially payable to the Manager at 30 June 2018. The accrual is adjusted on a weekly basis. Month-to-date performance is calculated by reference to NAV/share and VNAS as at 31 May 2018. Year-to-date performance is calculated by reference to NAV/share and VNAS at previous calendar year end (29 Dec 2017). 5 year CAGR (compound annual growth rate) is calculated by reference to NAV/share and VNAS as at 14 Jun 2013. VNAS is sourced from Bloomberg, which uses back-tested positions for VNAS for before 27 Jan 2014 as released by HoSE (Ho Chi Minh City Stock Exchange).

More information on the Company is available at www.vietnamholding.com 

Jay Vontobel

[e-mail]

Tel.: [phone]

VietNam Holding Asset Management Limited

The Estimated Daily NAV stated in this announcement is based on estimated valuations and accordingly the Company accepts no responsibility for the accuracy of the Estimated Daily NAV figure given, and neither is any responsibility implied. The actual month end NAV in any month may vary from the Estimated Daily NAV provided in the relevant month. Accordingly, no reliance should be placed on the Estimated Daily NAV and it has been provided for indicative purposes only.

 

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