Fund Information

   FUND TYPE SSIAM VNFIN LEAD ETF is an exchange traded fund, catered to domestic and foreign individual and institutional investor.    

SSIAM VNFIN LEAD ETF
9,318.08
14.52 (0.16%) Updated at 08/07/2020
GENERAL INFORMATION
FUND TYPE
 
SSIAM VNFIN LEAD ETF is an exchange traded fund, catered to domestic and foreign individual and institutional investor.
BENCHMARK INDEX – VNFIN LEAD Index
 

The VNFIN LEAD Index is the index that includes at least 10 companies, selected from component securities of VNAllshare Financials Index (VNFIN Index) satisfying the index criteria with a 15% weight limit for individual stocks.

 

The VNFIN LEAD Index represents 25% of the Vietnam’s capital market.

The index is reviewed every 3 months
INVESTMENT OBJECTIVES & STRATEGY
 
The investment objective of SSIAM VNFIN LEAD ETF is to replicate as closely as possible performance of VIETNAM LEADING FINANCIAL INDEX (VNFIN LEAD). The VNFIN LEAD is calculated based on the price index method, representing the price movement of stocks of listed companies under VNFIN index having the eligibility to participate in creation basket and satisfying index criteria.
 
The Fund adopts a passive investment strategy with the goal of replicating VNFIN LEAD- performance in all periods. The Fund does neither actively seek higher return than the Tracking Index nor 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 VNFIN LEAD basket, in proportion to weight of the stocks in the VNFIN LEAD index. When the basket of securities of VNFIN LEAD index changes, SSIAM VNFIN LEAD ETF shall adjust the Fund’s portfolio and weight corresponding to the changes in VNFIN LEAD index
CUSTODIAN AND SUPERVISORY BANK
Joint Stock Commercial Bank For Foreign Trade of Vietnam (VCB) - Headquarter
TRANSFER AGENT
Vietnam Securities Depository (VSD)
AUDITOR
Ernst & Young Vietnam Limited
AUTHORIZED PARTICIPANTS
SSI, MAS, BSC, VCSC,KIS
Mr. BUI NGOC BINH
Chairman, Independent Member
Ms. TO MINH HUONG
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