Vietnam Emerging Market Fund SICAV (“VEMF SICAV”), launched in June 2014, is a UCITS compliant Luxemburg-incorporated fund. This is a Vietnam dedicated equity fund, mainly investing in public listed equities in Vietnam, on an actively-managed basis. The Fund’s mandate also allows investments in convertible debts and other equity‐linked instruments.

The Fund is open-ended with daily NAV, allowing for daily subscriptions and redemptions

 

   Sales Prospestus

   Key Investor Information Document (KIID) – Class A

   Key Investor Information Document (KIID) – Class B

   Key Investor Information Document (KIID) – Class C

   Key Investor Information Document (KIID) – Class D

 

Investor login

 

Fund Information

 

Domicile Luxembourg / June 2014
Structure

• Open-ended UCITS SICAV with daily NAV and Subscription/Redemption.

• Single fund with 4 share classes:

   A Shares (Institutional and HNWIs, EUR), B Shares (Retail, EUR),

   C Shares (Institutional and HNWIs, USD) and D Shares (Retail, USD)

UCITS IV Management Company IPConcept (Luxemburg) S.A.
Fund Manager VAM (Vietnam)

Custodian Bank/

Fund Administrator/

Registrar and Transfer Agent

DZ PRIVATBANK S.A., Luxemburg
Auditor KPMG Luxemburg S.à r.l.
Share Classes        A Shares                           B Shares                        C Shares                    D Shares

 ISIN Code

 Bloomberg ID

 Securities No.

LU1042536018                LU1042536281             LU1218444351         LU1218444435

IPCVEMA LX                    IPCVEMB LX                 IPCVEMC LX            IPCVEMD LX

  A1XE8U                              A1XE8V                         A14RPQ                     A14RPR

Minimum Initial Investment   EUR500,000                       EUR1,000                    USD500,000               USD1,000
Minimum Subsequent Investment   EUR100,000                        EUR1,000                    USD100,000                USD1,000
Upfront Load

         0%                              Up to 1.5%                          0%                         Up to 1.5%

Redemption Fee           0%                                    0%                                  0%                                 0%
Management Fee  Up to 1.62%                        Up to 2.12%                   Up to 1.62%             Up to 2.12%
Performance Fee 18% over 5% hurdle on high-water-mark basis for all share classes

 

 

 

Performance

(As of 31 Oct, 2017)

  NAV/Share Change (%)
1 M 3 M 6 M YTD 1 Y 2 Y 3 Y 4 Y 5 Y Since Inception
VEMF SICAV - CLASS A 1,136.7 -0.1 -1.7 -3.4 -5.5 -6.8 1.5 1.3 - - 13.7
VN-Index (EUR) - 6.5 10.0 10.3 15.0 14.4 29.6 44.7 84.2 118.8 61.8
VEMF SICAV - CLASS B 1,103 -0.1 -1.8 -3.6 -5.8 -7.2 0.1 -1.4 - - 10.3
VN-Index (EUR) - 6.5 10.0 10.3 15.0 14.4 29.6 44.7 - - 53.0
VEMF SICAV - CLASS C 1,021.8 -1.4 -2.4 3.4 4.8 -0.9 - - - - 2.2
VN-Index (USD) - 5.1 8.8 18.1 27.3 21.8 - - - - 32.2

Sector Breakdown

Sector Breakdown

 

Funds
Fund As of NAV/unit Returns (%) Inception date Structure Open frequency Bloomberg Reuters
1M 3M 6M YTD 1 Y 2 Y 3 Y 4 Y 5 Y 6 Y 7 Y 8 Y 9 Y 10 Y Since Inception
VEMF SICAV - CLASS A 31 Oct, 2017 EUR 1,136.7 -0.1 -1.7 -3.4 -5.5 -6.8 1.5 1.3 13.7 18 Jun, 2014 Open-ended Daily IPCVEMA LX 68266524
VN-Index - - 6.5 10.0 10.3 15.0 14.4 29.6 44.7 84.2 118.8 - - - - - 61.8 - - - - -
VEMF SICAV - CLASS B 31 Oct, 2017 EUR 1,103.0 -0.1 -1.8 -3.6 -5.8 -7.2 0.1 -1.4 10.3 01 Aug, 2014 Open-ended Daily IPCVEMB LX 68266525
VN-Index - - 6.5 10.0 10.3 15.0 14.4 29.6 44.7 - - - - - - - 53 - - - - -
VEMF SICAV - CLASS C 31 Oct, 2017 USD 1,021.8 -1.4 -2.4 3.4 4.8 -0.9 2.2 05 Aug, 2016 Open-ended Daily IPCVEMC LX -
VN-Index - - 5.1 8.8 18.1 27.3 21.8 - - - - - - - - - 32.2 - - - - -
VEMF 30 Nov, 2016 USD 8.0 0.8 12.4 8.9 8.9 -9.1 -10.0 7.7 33.8 48.8 0 0 0 0 0 -13.7 28 Feb, 2007 Open-Ended Monthly VAMVEMF KY Equity 65092798
VN-Index - - 2.6 12.6 10.1 10.1 4.4 4.6 25.0 40.3 34.9 0 0 0 0 0 -60.4 - - - - -
Last updated: 31 Oct 2017

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