Estimated Daily Net Asset Value
For immediate release
VietNam Holding Limited ("VNH" or the "Company")
Estimated Daily Net Asset Value (NAV)
After several weeks of strong gains in the Vietnamese equity market, today saw a sharp correction across the board with the VNI down 5.1% and the VNAS down 5.3%. The Fund's NAV per share fell by an estimated 5.4% during the day as a result.
The Company announces that, at its close of business on 19 Jan 2021 its Estimated NAV was USD 141.8 million or USD 3.304 per share and GBP 104.3 million or GBP 2.430 per share (GBP/USD = 1.3597).
Change in position as at 19 Jan 2021:
NAV per share (USD)
Vietnam All Share Index (USD)
Daily performance is calculated by reference to the previous day NAV/share and VNAS (Vietnam All Share Index). Calendar month-to-date performance is calculated by reference to NAV/share and VNAS as at 31 Dec 2020. Calendar year-to-date performance is calculated by reference to NAV/share and VNAS at the previous calendar year end (31 Dec 2020). 5-year CAGR (compound annual growth rate) is calculated by reference to NAV/share and VNAS as at 19 Jan 2016. 10-year CAGR is calculated by reference to NAV/share and VNAS as at 19 Jan 2011. VNAS is sourced from Bloomberg, which uses back-tested positions for VNAS for before 27 Jan 2014 as released by HoSE (Ho Chi Minh City Stock Exchange).
The Estimated Daily NAV stated in this announcement is based on estimated valuations and accordingly the Company accepts no responsibility for the accuracy of the Estimated Daily NAV figure given, and neither is any responsibility implied. The actual month end NAV in any month may vary from the Estimated Daily NAV provided in the relevant month. Accordingly, no reliance should be placed on the Estimated Daily NAV and it has been provided for indicative purposes only.
More information on the Company is available at www.vietnamholding.com
Tel.: +84 28 38277 590
Dynam Capital Limited