Fund Information

SSIAM VNFIN LEAD ETF

10,332.17

0.00 (%)
Updated at 26/02/2020
GENERAL INFORMATION

FUND TYPE

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

INVESTMENT OBJECTIVES

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.

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

Custodian and Supervisory Bank
Joint Stock Commercial Bank for Foreign Trade of Vietnam
Transfer agent
Vietnam Securities Depository (VSD)
Auditor
Authorized participants
SSI, MAS
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