VEOF’s investment objective is to maximize return via both capital appreciation and dividend yield from the underlying invested assets. The fund
manager will invest into a diversified portfolio of listed companies in order to mitigate risk while achieving the investment objective.
- VEOF’s investment strategy is a hybrid of value and growth stocks, predominantly large capitalization stocks listed on Vietnam’s exchanges.
- The fund will invest into a diversified portfolio of attractive, high-performing sectors, including energy, food, technology, public utilities and industrial materials. For the short term, the fund will not invest into the banking sector due to limited opportunities.
- Investment decisions are based on bottom-up, fundamental equity research, stock market analysis and macro-economic analysis. VEOF will seek companies with sound fundamentals, good growth potential and strong corporate governance.
VEOF’s investment strategy will be evaluated and shifted periodically to achieve the investment objective. The strategy and tactics may experience style drift as required to respond to changing market conditions and take advantage of opportunities to maximize return to investors.
C. Asset Allocation Strategy
The fund’s long-term, underlying strategy is to allocate 90% to 95% of assets into listed equity in order to maximize shareholder return.
Depending on market fluctuations as well as macro-economic analysis, the fund’s asset allocation may differ temporarily from this target. The manager will take this action in order to adapt appropriately to market conditions and protect investor returns.