Estimated Daily Net Asset Value

RNS Number : 5798O

VietNam Holding Limited

01 February 2023

 

For immediate release

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

Estimated Daily Net Asset Value (NAV)

Vietnam's equity markets trended downwards today after a period of relatively strong performance. The Vietnam All Share Index (VNAS) decreased by 3.4%, and the estimated daily NAV per share of the Fund declined by 3.5%.

The Company announces that, at its close of business on 01 Feb 2023 its Estimated NAV was USD 112.9 million or USD 3.932 per share and GBP 91.7 million or GBP 3.193 per share (GBP/USD = 1.2316).

Change in position as at 01 Feb 2023:

	NAV per share (USD)	Vietnam All Share Index (USD)
Daily	-3.5%	-3.4%
Calendar month-to-date	-2.3%	-2.4%
Calendar year-to-date	7.2%	7.6%
1-year	-22.3%	-33.3%
3-year CAGR	14.5%	8.0%
5-year CAGR	3.1%	-0.2%
10-year CAGR	10.7%	6.7%

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 31 Jan 2023. Calendar year-to-date performance is calculated by reference to NAV/share and VNAS at the previous calendar year end (30 Dec 2022). 1-year performance is calculated by reference to NAV/share and VNAS as at 01 Feb 2022. 3-year CAGR (compound annual growth rate) is calculated by reference to NAV/share and VNAS as at 01 Feb 2020. 5-year CAGR is calculated by reference to NAV/share and VNAS as at 01 Feb 2018. 10-year CAGR is calculated by reference to NAV/share and VNAS as at 01 Feb 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).

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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