VietNam Holding (LSE: VNH)

Currency in GBP

Last close As at 06/02/2023

GBP2.83

2.00 (0.71%)

Market capitalisation

GBP81m

VNH’s investment objective is to achieve long-term capital appreciation by investing in a diversified portfolio of companies that have high growth potential and an attractive valuation. The fund has experienced several significant changes since September 2017, including a new board and appointment of the current manager, Dynam Capital.

Latest Insights

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Investment Companies

VietNam Holding — Made in Vietnam

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VietNam Holding — Moving ahead

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VietNam Holding — The next five years and beyond

Equity Analyst

Victoria Chernykh

Victoria Chernykh

Director, Investment Trusts

Key Management

  • Craig Martin

    Portfolio Manager

  • Sean Hurst

    Non-Executive Chairman

Share Price Performance

Price Performance
% 1M 3M 12M
Actual 8.6 13.7 (12.9)
Relative 2.9 3.3 (13.9)
52 week high/low 356.0p/221.0p

Overview

VietNam Holding (VNH) seeks to capture the growth of Vietnam through an actively managed, high-conviction portfolio of companies. In its October 2022 report, the IMF upped its 2022 GDP growth forecast for Vietnam to 7% from 6% three months ago, while it expects the world to grow at 3.2%. Vietnamese growth paves the way for the continued expansion of domestic consumption and Dynam’s investment team chooses a tightly focused selection of businesses set to benefit from the positive demographic, industrial and urbanisation trends. VNH greatly differentiates itself from global equities and, despite the recent market weakness as Vietnam was not immune to the global markets’ sell-off, has strongly outperformed the MSCI AC World Index over the current manager’s tenure (over four years).

Research

Investment Companies

VietNam Holding — Made in Vietnam

Investment Companies

VietNam Holding — Moving ahead

Investment Companies

VietNam Holding — The next five years and beyond

Investment Companies

VietNam Holding — ‘Bun Bo Biden’ prospects in Vietnam

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VietNam Holding — Weak sentiment provides opportunity

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VietNam Holding — Restructured company offers opportunity

Thematics

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Vietnamese equities: Due a comeback?

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