Dealing

VIETNAM LONG TERM GROWTH FUND
9,359.12
131.62 (1.43%) Updated at 24/06/2022

Dealing

WHAT IS SYSTEMATIC INVESTMENT PLAN (SIP)?

SIP is a periodical investment plan, in which investors will transfer a pre-determined capital amount (monthly or quarterly) to purchase fund shares.

BENEFIT OF SIF

  • Exemption of subscription fee
  • Maximize of long-term capital return
  • Maintain investment discipline
  • Investor’s average cost of investment per Fund Unit is lower than average selling price, regardless of the fluctuations of fund certificate price

Quarter

Price (NAV/Fund Unit)

Amount Invested

Number of Fund Certificates distributed

1

10,000

3,000,000

300

2

12,000

3,000,000

250

3

15,000

3,000,000

200

4

11,000

3,000,000

272.72

Total

 

12,000,000

1022.72

Investor’s average cost of investment per Fund Unit is: 12,000,000/1,022.72 = 11,733 VND/Fund Unit

Average Selling Price/Subscription Price= (10,000 + 12,000 + 15,000+ 11,000)/4 = 12,000

SIP OVERVIEW

FIXED SIP

INVESTMENT FREQUENCY

Monthly or Quarterly

MINIMUM INVESTMENT AMOUNT

Minimum VND500,000 per month or VND1,500,000 per quarter.

MINIMUM INVESTMENT DURATION

Minimum of 12 continuous payment period for monthly SIP or 4 continuous payment periods for quarterly SIP*

CUT-OFF TIME

5:00 p.m. on the tenth of every month (for monthly SIP) or on the tenth of January, April, July and October (for quarterly SIP). If the tenth day falls on a public holiday, the payment deadline will be at 5:00 p.m. the working day preceding the tenth (for monthly SIP) or the working day preceding the tenth of January, April, July and October (for quarterly SIP).

DEALING DATE

Dealing date is the closest dealing date after the 10th of each month (monthly SIP) or on the 10th of January, April, July and October (quarterly SIP).

 FLEXIBLE SIP

 

INVESTMENT FREQUENCY

Monthly.

MINIMUM INVESTMENT AMOUNT

Minimum VND500,000 per month.

MINIMUM INVESTMENT DURATION

No participation duration.

CUT-OFF TIME

Date of payment could be any working day of the month.
DEALING DATE

Dealing date is the closest dealing date after the Fund receives money for the Flexible Systematic Investment Plan of the Investor.

*  If Investor discontinues SIP before the minimum investment duration, when selling the Fund units or switch to other funds, Investor shall pay an exit fee of 0.75% of the redemption amount or the switch-out amount in addition to the normal Redemption Fee/Switching Fee.

INVESTMENT GUIDE FOR FOREIGN INVESTORS

 

INSTRUCTION

NOTES

STEP 1

Apply for Securities Trading Code

Application submitted to Vietnam Securities Depository (VSD) – contact SSI Securities Corporation (SSI) for assistance.

STEP 2

Open Foreign Indirect Investment Capital Account

Application submitted to any commercial banks in Vietnam

STEP 3

Open an open-ended fund trading account

At SSI or any designated distributors of VLGF.

 

SIP SUBSCRIPTION ORDER

  INSTRUCTION NOTES
STEP 1 Transfer of SIP Subscription money from the Indirect Investment Capital Account

Monthly or quarterly. Make sure investment capital is transferred to the Fund’ designated account before 17:00 on the 10th of each month (monthly SIP) or on the 10th of January, April, July and October (quarterly SIP)

Transfer Details:

Beneficiary: VLGF

Bank account: in accordance to each Distributor’s

At Bank: Standard Chartered Bank (Vietnam) Limited

Transfer amount: The registered SIP subscription amount

Description:

[Investor Name][Open-ended Fund Account Number] buy SIP VLGF
STEP 2

Complete SIP Subscription Form and submit to Distributor.

Before 14:40 on Day T-1
STEP 3 Receive transaction confirmation Within 03 working days after Dealing Date (Day T)

FUND BANK ACCOUNT AT SUPERVISORY BANK

Investor transfers SIP investment capital to the bank account associated with the Distributor at which their open-ended fund trading account was registered.

 

DISTRIBUTOR

ACCOUNT NUMBER

1

SSI

90435575025

2

SSIAM

90435575024
3 FINCO 90435575026

INVESTMENT GUIDE FOR FOREIGN INVESTORS

 

INSTRUCTION

NOTES

STEP 1

Apply for Securities Trading Code

Application submitted to Vietnam Securities Depository (VSD) – contact SSI Securities Corporation (SSI) for assistance.

STEP 2

Open Foreign Indirect Investment Capital Account

Application submitted to any commercial banks in Vietnam

STEP 3

Open an open-ended fund trading account

At SSI or any designated distributors of VLGF.

 

TRADING OVERVIEW

SUBSCRIPTION AMOUNT

Minimum VND500,000

REDEMPTION

No minimum requirement

DEALING DATE

Every working day (Day T)

CUT-OFF TIME

14:40 pm on Day T-1

 

DEALING INSTRUCTIONS

 

SUBSCRIPTION ORDER

 

INSTRUCTION

NOTES

STEP 1 Transfer of Subscription money from the Indirect Investment Capital Account

Before 15:00 on Day T-1

Transfer Details:

Recipient: VLGF

Bank account: in accordance to each Distributor’s

At Bank: Standard Chartered Bank (Vietnam) Limited

Transfer amount: The registered subscription amount

Description:

[Investor Name][Open-ended Fund Account Number] buy VLGF

STEP 2

Complete Subscription Form and submit to Distributor.

 

Before 14:40 on Day T-1

STEP 3

Receive transaction confirmation

Within 03 working days after Dealing Date (Day T)

FUND BANK ACCOUNT AT SUPERVISORY BANK

Investor transfers investment capital to the bank account associated with the Distributor at which their open-ended fund trading account was registered.

 

DISTRIBUTOR

ACCOUNT NUMBER

BENIFICIARY NAME AND BENIFICIARY BANK

1

SSI

90435575005

Benificiary name: VLGF
Benificiaty bank: Standard Chartered Bank (Vietnam) Limited

2

SSIAM

90435575004

3

FINCO

90435575006

REDEMPTION ORDER

 

INSTRUCTION

NOTES

STEP 1

Complete Redemption Form and submit to Distributor

Before 15:00 on Day T-1

 

STEP 2

Receive Trading Confirmation

Within 03 working days after Dealing Date  (Day T)

STEP 3

Receive Redemption Payment

To Investor’s Indirect Investment Capital Account within 05 working days after Dealing Date (Day T)

 

SSI