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

7,412.53

206.55 (2.87%)
Updated at 05/04/2020
Fund Information

   FUND TYPE
SSIAM VNFIN LEAD ETF is an exchange traded fund, catered to domestic and foreign individual and institutional investor.
 
   INVESTMENT OBJECTIVES
TThe 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.
 
   INVESTMENT STRATEGY
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
 
 
AUTHORIZED SERVICE PROVIDERS
CUSTODIAN AND SUPERVISORY BANK Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) – Ha Thanh branch
TRANSFER AGENT Vietnam Securities Depository (VSD)
AUDITOR Ernst & Young Vietnam Limited
AUTHORIZED PARTICIPANTS SSI, MAS, BSC, VCSC
 
BOARD OF FUND REPRESENTATIVES
MR. BUI NGOC BINH Chairman, Independent Member
MS. TO MINH HUONG Independent Member
MS. NGUYEN THỊ HONG HAI Member
 
FUND MANAGERS
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