Fund Information

94.48 (0.62%) Updated at 01/06/2023
General information
Ticker FUESSV50
Bloomberg Ticker FUESSV50 VN Equity
Inception Date 10/12/2014
Management Fee 0.65%/year
Benchmark Index VNX50 Index
Net Assets
Net Asset Value 135410865629 VND
NAV/Unit 15,387.59 VND
+/- daily NAV change 0.62%
+/- year to date 7.12%
Number of total outstanding fund certificates 8,800,000
Fund Indicators
Number of Holdings 50
P/E Ratio 11.11x
P/B Ratio 1.46x
Tracking Error 0.40%
SSIAM VNX50 ETF is an exchange traded fund, catered to domestic and foreign individual and institutional investor.
VNX50 index (VNX50) is a price index that includes 50 stocks listed on the Hanoi Stock Exchange (HNX) Ho Chi Minh City Stock Exchange (HOSE). The VNX50 index includes the top 50 companies with capitalizaion,liquidity and free transfer ration in the VNX Allshare basket. The maximum capitalization rate for each stock in the VNX50 Index is 10%. The base date of the VNX50 Index is 21st July 2017 with the base score being the closing index value of VNX Allshare  on 21st July 2017.
The index is reviewed and adjusted every 6 months.
The VNX50 Index represents 75% of the capitalization of Vietnam’s stock market.

The investment objective of SSIAM VNX50 ETF is to replicate as closely as possible the performance of VNX50 Index in all periods.

The Fund adopts a passive investment strategy. The Fund does not actively seek higher return than the Tracking Index, nor does it use defensive measures when the stock market fluctuates adversely.

With passive investing, the Fund is able to maintain a lower turnover ratio than other funds with an active investment strategy, thereby reducing operational costs of the Fund.

The Fund's investment methodology is whole simulation method.

With this method, the Fund will invest in all or almost all of the stocks in the VNX50 basket according to the proportion of the stocks in the VNX50 basket. When the Tracking Index changes at periodic or unusual review periods, the Fund shall adjust the portfolio and weight corresponding to the changes in VNX50 Index.
Custodian and Supervisory Bank
Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) – Ha Thanh branch
Transfer agent
Vietnam Securities Depository (VSD)
Ernst & Young Vietnam Limited
Authorized participants
Ms. Tran Thi Thanh Y
Chairman, Independent Member
Mr. Nguyen Thanh Phuong
Independent Member
Ms. Nguyen Thi Hong Hai
Independent Member
Mr. Nguyen Ky Minh
Portfolio Manager
Mr. Nguyen Trong Hung
Investment Officer