Estimated Daily Net Asset Value

RNS Number : 8641N

VietNam Holding Limited

03 February 2021

 

For immediate release

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

Estimated Daily Net Asset Value (NAV)

Domestic investor confidence in Vietnam appeared to be buoyed by the continuing response of the Government to the ongoing outbreaks of Covid-19 in various parts of the country. The VNI rose by 3.3% and the VNAS by 3.4%. The Fund's estimated NAV per share increased by 3.2% during the day.

The Company announces that, at its close of business on 03 Feb 2021 its Estimated NAV was USD 141.3 million or USD 3.293 per share and GBP 103.4 million or GBP 2.409 per share (GBP/USD = 1.3669).

Change in position as at 03 Feb 2021:

	NAV per share (USD)	Vietnam All Share Index (USD)
Daily	3.2%	3.4%
Calendar month-to-date	4.8%	5.6%
Calendar year-to-date	2.9%	4.0%
5-year CAGR	8.7%	13.6%
10-year CAGR	9.2%	6.4%

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 03 Feb 2016. 10-year CAGR is calculated by reference to NAV/share and VNAS as at 03 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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