Fund Information

SSIAM VN30 ETF
10,610.82
68.40 (0.65%) Updated at 23/09/2020
GENERAL INFORMATION
FUND TYPE
 
SSIAM VN30 ETF is an exchange traded fund, catered to domestic and foreign individual and institutional investor.
BENCHMARK INDEX – VN30 Index
 

VN30 index (VN30) is a price index that includes stocks listed on the Ho Chi Minh City Stock Exchange which are eligible to participate in creation basket and index criteria. The VN30 index has a 10% weight limit for individual stocks and 15% for group of related stocks.

 

The VN30 Index represents 74% of the Vietnam’s capital market.

The index is reviewed freefloat every 3 months and constituents every 6 months.

 
INVESTMENT OBJECTIVES & STRATEGY
 

The investment objective of SSIAM VN30 ETF is to replicate as closely as possible performance of VN30 Index (VN30). The VN30 is calculated based on the price index method, representing the price movement of stocks of listed companies under the Index that meet the eligibility to participate in creation basket and satisfying index criteria.

 

The Fund adopts a passive investment strategy with the goal of replicating VN30- performance in all periods. The Fund does not actively seek higher return than the Tracking Index, nor does it use defensive measures when the stock market declines.

With passive investment strategy, the Fund can maintain a lower turnover ratio than other funds with active investment strategies, thereby reducing operational costs of the Fund.

FULL REPLICATION APPROACH
 
With this approach, the Fund will invest in all or nearly all the stocks in the VN30 basket, in proportion to weight of the stocks in the VN30 index. When the basket of securities of VN30 index changes, SSIAM VN30 ETF shall adjust the Fund’s portfolio and weight corresponding to the changes in VN30 index
CUSTODIAN AND SUPERVISORY BANK
Joint Stock Commercial Bank For Foreign Trade of Vietnam (VCB) - Headquarter
TRANSFER AGENT
Vietnam Securities Depository (VSD)
AUTHORIZED PARTICIPANTS
SSI, MAS, BSC, KIS
Ms. TO MINH HUONG
Chairman, Independent Member
Mr. BUI NGOC BINH
Independent Member
Ms. NGUYEN THỊ HONG HAI
Member
Mr. NGUYEN MINH HANH
Portfolio Manager
Mr. NGUYEN BA HUY
Associate Portfolio Manager
Prior to making investment decisions, Investor should thoroughly read and understand the Fund Prospectus, Fund Charter and other related documents, consider any risks associated with investing in the fund and transaction fees to which Investor is liable.
SSI