Amundi Vietnam Opportunities Fund USD

東方匯理越南機會基金 美元

HK0000329125

Risk Rating: Level 6

iFund risk rating methodology is a qualitative and quantitative assessment of a single fund’s geographic and asset class focus, investment style and any potential risk factors, as measured from one (1) (lowest risk) to six (6) (highest risk). For the funds with risk rating five (5) or six (6), these are mainly aimed at providing capital appreciation to investors by investing primarily in single market equities, single industry equities or derivatives etc. For more details, please refer to the Due Diligence section under the Procedures page.

Non-dealing Hours

Dealing Information

Secure Transaction

Derivatives knowledge not required

HKD10,000.00Min. Subscription

1.80%

HKD5,000.00Min. Subscription

HKD / USD

HKD10,000.00Min. Subscription

HKD10,000.00

HKD10,000.00

Daily

15:30

2020-02-16

*Not include dividends (If applicable)

Fund Performances (including dividend, if any)

1 mth
-3.42%
3 mth
-6.64%
6 mth
-1.34%
1 yr
+0.28%
3 yr
+19.01%
5 yr
+37.04%

Analytical Figures (3 years)

Annualized Return
+5.97%
Annualized Volatility
+15.25%
Sharpe Ratio
+0.34

Fund Information

Fund Houses
Amundi Hong Kong Ltd. (Harvest and SGAM Fund Series)
Launch Date
2007-06-12
Fund Manager
Reginald Tan
Manager Start Date
Reginald Tan (Start Date: 2013-12-13)
Geographical Focus
Vietnam
Asset Class/ Sector
Equity - All cap
Risk Rating
Risk Level 6

iFund risk rating methodology is a qualitative and quantitative assessment of a single fund’s geographic and asset class focus, investment style and any potential risk factors, as measured from one (1) (lowest risk) to six (6) (highest risk). For the funds with risk rating five (5) or six (6), these are mainly aimed at providing capital appreciation to investors by investing primarily in single market equities, single industry equities or derivatives etc. For more details, please refer to the Due Diligence section under the Procedures page.

Fund AUM(As of 2020-02-12)
USD 23,017,987.46
Management Fee
1.80%
Latest Dividend
N.A.

Sector Leaders

    No Funds

Dealing Information

Secure Transaction

Derivatives knowledge not required

HKD10,000.00Min. Subscription

1.80%

HKD5,000.00Min. Subscription

HKD / USD

HKD10,000.00Min. Subscription

HKD10,000.00

HKD10,000.00

Daily

15:30

2020-02-16

Dividend Records

No Dividends

Investment Objective

To provide investors with long-term capital growth by investing directly or indirectly in a diversified portfolio of securities including equities, debt securities of issuers with actual or prospective business operations in Vietnam and provide economic exposure to the Vietnam market. The fund intends to invest mainly in Vietnam listed companies with existing operations, assets or investments in Vietnam. The fund may also invest in other Vietnam related companies such as:
- Companies that have publicly announced or made public their plans to expand existing and/or acquire similar or complimentary operations in Vietnam, with earnings enhancement potentials.
- Companies that have entered and/or announced to enter into joint venture projects with local Vietnamese companies, with minimum 25% stake in the joint venture company.

Nature and Extent of Risks

Investment involves risks. Please refer to the Explanatory Memorandum for details including the risk factors.
1. Concentration risk: The fund focuses in investing in a single country, which may give rise to higher concentration risk than funds that invests in more diversified countries.
2. Emerging countries risk: According to the objectives and investment strategy of the fund, it will invest in Vietnam, emerging country which may subject to emerging countries risk. Investment in securities of issuers of emerging countries involves special considerations and risks, including the risks associated with investment in emerging countries, such as currency fluctuations, the risks of investing in countries with smaller capital markets, limited liquidity, higher price volatility, different conditions applying to transaction and control and restrictions on foreign investment, as well as risks associated with emerging countries economies, including high inflation and inflation rates, large amounts of external debt as well as political and social uncertainties.
3. Additional risks due to the political, economic and social conditions in Vietnam: As the fund will invest in Vietnam, investments are currently exposed to risks pertaining to the Vietnamese market including risks brought about by current investment ceiling limits where foreign investors are subject to certain holding limits, and constraints currently imposed on the trading of listed securities where a registered foreign investor may only maintain a trading account with one licensed securities company in Vietnam etc. These may contribute to the illiquidity of the Vietnamese securities market, create inflexibility and uncertainly on the trading environment.
According to the objectives and investment strategy of the fund, it may invest in shares of unlisted companies in Vietnam. However, reliance on the financial statements of those companies may not be high, as not all of those companies are legally required to audit their annual financial statements. Nevertheless, investors should note that disclosure supervision in Vietnam is rather weak comparing to developed countries.
4. Risk attached to the use of Financial Derivative Instruments (“FDI”): According to the objectives and investment strategy of the fund, it may use FDI to the extent permitted under the SFC’s Code on Unit Trusts and Mutual Funds. The use of FDI may involve increased risks and costs. The fund’s ability to use such instruments successfully depends on its manager’s or sub-investment manager’s ability to accurately anticipate movements in stock prices, interest rates, currency exchange rates or other economic factors and the availability of liquid markets. If the manager’s or investment advisor’s anticipations are wrong, or if the derivatives do not work as anticipated, the fund could suffer greater losses than if the fund has not used the derivatives. Besides, investment in FDI is subject to additional risks, including credit risk of the issuer, liquidity risk, counterparty risk and valuation risk.
5. Performance fee risk: Any performance fee charged to the fund will not be calculated on a unit-by-unit basis and no equalisation or series of units provisions will apply. As such, the performance fee payable may not reflect the individual performance of the units in question.
6. Equity risk: Investment in common stocks and other equity securities are subject to market risk that historically has resulted in greater price volatility than experienced by bonds and other fixed income securities.

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Hotline

852
3896 3896

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North Point, Hong Kong

Mon - Fri (excluding public holidays)
09:00 - 18:00

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