Estimated Daily Net Asset Value

RNS Number : 7119N

VietNam Holding Limited

02 February 2021

 

For immediate release

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

Estimated Daily Net Asset Value (NAV)

Volatility remains in the Vietnam stock market, with the VNI ending the day up 3.9% and the VNAS up 4.3% after strong messages from the Government to control the recent COVID-19 outbreaks. COVID-19 infections including the 'UK variant' in the community continue to increase, around 50 per day being reported, but the authorities appear to be taking effective measures, including closing some schools early ahead of the Lunar New Year holidays. The Fund's estimated NAV per share rose by 3.6%.

The Company announces that, at its close of business on 02 Feb 2021 its Estimated NAV was USD 136.9 million or USD 3.191 per share and GBP 99.9 million or GBP 2.329 per share (GBP/USD = 1.3699).

Change in position as at 02 Feb 2021:

	NAV per share (USD)	Vietnam All Share Index (USD)
Daily	3.6%	4.3%
Calendar month-to-date	1.5%	2.1%
Calendar year-to-date	-0.3%	0.6%
5-year CAGR	8.0%	12.9%
10-year CAGR	8.8%	6.1%

Daily performance is calculated by reference to the previous day NAV/share and VNAS (Vietnam All Share Index). Calendar month-to-date performance is calculated by reference to NAV/share and VNAS as at 29 Jan 2021. Calendar year-to-date performance is calculated by reference to NAV/share and VNAS at the previous calendar year end (31 Dec 2020). 5-year CAGR (compound annual growth rate) is calculated by reference to NAV/share and VNAS as at 02 Feb 2016. 10-year CAGR is calculated by reference to NAV/share and VNAS as at 02 Feb 2011. 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).

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.

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

Craig Martin

[e-mail]

Tel.: [phone]

Dynam Capital Limited
https://www.dynamcapital.com

 

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