Hanoi, October 18, 2024 –SSI Asset Management Company (SSIAM) is excited to announce a partnership with Vietnam Prosperity Bank Securities Company (VPBS), which will now distribute three of SSIAM’s leading open-end fund products on the NEO Invest online trading platform.
Under this agreement, VPBS will distribute three outstanding funds from SSIAM: the SSI Sustainable Competitive Advantage Fund (SSI-SCA), the Vietnam Long-Term Growth Fund (VLGF), and the SSI Bond Fund (SSIBF). These funds have garnered strong interest from both domestic and international investors due to their superior returns compared to market indices. For foreign investors, these open-end funds are an effective means to tap into the robust growth of the Vietnamese market. Notably, SSI-SCA and VLGF rank among the top-performing equity open-end funds in the market for the first nine months of 2024, with growth rates of 31.2% and 28.6%, respectively, far exceeding the VNIndex's growth rate of 14%.
The collaboration with VPBS marks the next step in simplifying SSIAM's open-end fund products for Vietnamese investors, helping them develop and accumulate their assets. By expanding distribution channels for open-end fund certificates and integrating fund investments with other financial needs, SSIAM aims to provide novice domestic investors with a safe, efficient, and user-friendly access to the open-end market.
This collaboration not only enhances the investment experience for clients but also creates opportunities for both VPBS and SSIAM to maximize each other's strengths in the promising financial market. SSIAM believes that with VPBS's strong growth aspirations, this partnership will successfully bring open-end fund products to a broader range of investors.
Admin
Published:
18/10/2024