Investment Knowledge

WHAT IS SYSTEMATIC INVESTMENT PLAN (SIP)?

SIP is a periodical investment plan, in which investors will transfer a pre-determined capital amount (monthly or quarterly) to purchase fund shares.

A. BENEFIT OF SIP

• Exemption of subscription fee
• Maximize of long-term capital return
• Maintain investment discipline
• Investor’s average cost of investment per fund unit is lower than the average selling price, regardless of the fluctuations of fund certificate price

Quarter	Price (NAV/Fund Unit)	Amount Invested	Number of Fund Certificates distributed
1	10,000	3,000,000	300
2	12,000	3,000,000	250
3	15,000	3,000,000	200
4	11,000	3,000,000	272.72
Total		12,000,000	1022.72

The investor’s average cost of investment per fund unit is: 12,000,000/1,022.72 = 11,733 VND/Fund Unit

Selling price or Average subscription price: (10,000 + 12,000 + 15,000+ 11,000)/4 = 12,000

B. SIP OVERVIEW

1. FIXED SIP

INVESTMENT FREQUENCY	Monthly or Quarterly
INVESTMENT AMOUNT	Minimum VND 10,000 per month or VND 30,000 per quarter.
MINIMUM INVESTMENT DURATION	Minimum of 12 continuous payment periods for monthly SIP or 4 continuous payment periods for quarterly SIP*
CUT-OFF TIME	5:00 p.m. on the tenth of every month (for monthly SIP) or on the 10th of January, April, July and October (for quarterly SIP). If the tenth day falls on a public holiday, the payment deadline will be at 5:00 p.m. the working day preceding the tenth (for monthly SIP) or the working day preceding the tenth of January, April, July and October (for quarterly SIP).
DEALING DATE	Dealing date is the closest dealing date after the 10th of each month (monthly SIP) or on the 10th of January, April, July and October (quarterly SIP).

* If the investor discontinues SIP before the minimum investment duration when selling the fund units or switching to other funds, the investor shall pay an exit fee of 0.75% of the redemption amount or the switch-out amount in addition to the normal Redemption Fee/Switching Fee.

2. FLEXIBLE SIP

INVESTMENT FREQUENCY	Monthly
INVESTMENT AMOUNT	Minimum VND 10,000 per month and not required to pay a fixed amount each period. The Investor can invest any amount equal to or larger than the minimum requirement. The amount can be changed at any period.
MINIMUM INVESTMENT DURATION	No participation duration.
CUT-OFF TIME	The date of payment could be any working day of the month.
DEALING DATE	The Dealing Date (Day T) is the nearest date after the Fund receives money for the Flexible SIP of the Investor (thus, every dealing date could be a SIP date).

*  Note: - Amount of order allotment is one (01) order/ month, alloted on the nearest Dealing date (after the money is credited to the Fund's account) for the total amount the Fund receives up to that date.

             - The Flexible SIP is discontinued after three (03) months since the last subscription transaction of the investor.

C. INVESTMENT GUIDE FOR FOREIGN INVESTORS

	INSTRUCTION	NOTES
STEP 1	Apply for Securities Trading Code	Application submitted to Vietnam Securities Depository and Clearing Corporation (VSDC) – contact SSI Asset Management Company Limited (SSIAM) for assistance.
STEP 2	Open Foreign Indirect Investment Capital Account	Application submitted to any commercial banks in Vietnam
STEP 3	Open an open-ended fund trading account	At SSI or any designated distributors of SSIBF.

SIP SUBSCRIPTION ORDER

	INSTRUCTION	NOTES
STEP 1	Transfer of SIP Subscription money from the Indirect Investment Capital Account	Monthly or quarterly. Make sure investment capital is transferred to the fund’s designated account before 5:00 p.m. on the 10th of each month (monthly SIP) or on the 10th of January, April, July and October (quarterly SIP) Transfer Details: 1. SSI-SCA Beneficiary name: QUY DAU TU LOI THE CANH TRANH BEN VUNG SSI Bank account: in accordance to each distributor’s account   At Bank: Standard Chartered Bank (Vietnam) Limited 2. SSIBF Beneficiary: QUY DAU TU TRAI PHIEU SSI Bank account: in accordance to each distributor’s account At Bank: Joint stock Commercial Bank for Investment and Development of Viet Nam 3. VLGF Beneficiary account: QUY DAU TU TANG TRUONG DAI HAN VIET NAM   Bank account: in accordance to each distributor’s account   At Bank: Standard Chartered Bank (Vietnam) Limited Transfer amount: The registered SIP subscription amount Description: [Investor Name][Open-ended Fund Account Number] buy SIP SSIBF
STEP 2	Complete SIP Subscription Form and submit to Distributor.
STEP 3	Receive transaction confirmation	Within 03 working days after the Dealing Date (Day T)

FUND BANK ACCOUNT AT SUPERVISORY BANK

Investor transfers SIP investment capital to the bank account associated with the distributor at which their open-ended fund trading account was registered.

1. SSI-SCA

	DISTRIBUTOR	ACCOUNT NUMBER	SIP TYPE
1	SSI Securities Corporation	90275350212	FIXED SIP
2	SSI Asset Management Company Limited	90275350214	FLEXIBLE SIP
3	Vietcombank Securities Limited Company	90275350215	FIXED SIP
4	Mirae Asset Securities (Vietnam) Limited Liability Company	90275350220	FIXED SIP
5	Finco Vietnam Company Limited	90275350223	FIXED SIP
6	Thien Viet Securities Joint Stock Company	90275350222	FIXED SIP

2. SSIBF

	DISTRIBUTOR	ACCOUNT NUMBER	SIP TYPE
1	SSI Securities Corporation	1221536603	FIXED SIP
2	SSI Asset Management Company Limited	1221536597	FLEXIBLE SIP
3	Mirae Asset Securities (Vietnam) Limited Liability Company	1222156545	FIXED SIP
4	Finco Vietnam Company Limited	1222239783	FIXED SIP
5	Thien Viet Securities Joint Stock Company	1222168726	FIXED SIP

3. VLGF

	DISTRIBUTOR	ACCOUNT NUMBER	SIP TYPE
1	SSI Securities Corporation	90435575025	FIXED SIP
2	SSI Asset Management Company Limited	90435575024	FLEXIBLE SIP
3	Finco Vietnam Company Limited	90435575026	FLEXIBLE SIP