BENCHMARK INDEX – VNX50 INDEX
VNX50 Index comprises of 50 listed stocks in both Ho Chi Minh City Stock Exchange and Hanoi Stock Exchange. The index consists of 50 top ranking stocks in terms of market capitalization, liquidity and free float ratio in the VNX Allshare basket of stocks. Index constituents’ weight are capped at 10% within the index. The base date of VNX50 Index is July 21st, 2017 with base Index value of closing value of VNX Allshare as of July 21st, 2017.
The index is reviewed every 6 months.
VNX50 represents 75% of the Vietnam total market capitalization.
INVESTMENT OBJECTIVES & STRATEGY
FULL REPLICATION APPROACH
With this approach, the Fund will invest in all or nearly all the stocks in the VNX50 basket, in proportion to weight of the stocks in the VNX50 index. When the basket of securities of VNX50 index changes, SSIAM VNX50 ETF shall adjust the Fund’s portfolio and weight corresponding to the changes in VNX50 index
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.