VIETNAM

Tundra Vietnam Fund is Scandinavia’s first actively managed equity fund with a focus on the Vietnamese stock market.

Tundra has once again assumed a pioneering role in exploring more inaccessible equity markets. With 90 million people, an average age of 28.5 years and labour costs one-third of those in China, Vietnam is emerging as an important new manufacturing centre in Asia, which is an important step towards increasing future prosperity, and something that several other Asian economies have done previously. In spite of restrictions on foreign ownership, the country’s stock market is one of the most liquid frontier markets in the world. Vietnam has expressed an intention to gradually open up the stock market to foreign investors, which may increase interest. Combined with good potential for high economic growth in the coming years, this makes Vietnam a natural element in a frontier market portfolio. Like all frontier markets, the risk is very high and only investors with an investment horizon of at least 10 years should invest in the fund.

10
Jan
2019
Monthly updates, News, Vietnam
Monthly Comment Vietnam – December 2018

THE FUND: The fund fell 6.9% net (SEK) in 2018 compared to the Benchmark Index (2.6%) net (SEK). The market has been on a roller coaster in 2018. The broader…

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10
Jan
2019
Monthly data, News, Vietnam
MONTHLY DATA VIETNAM – DECEMBER 2018

SEK: Monthly Data Tundra Vietnam_ENG_2018-12 EUR: Monthly Data Tundra Vietnam_EUR_2018-12 USD: Monthly Data Tundra Vietnam_USD_2018-12

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6
Dec
2018
Monthly data, News, Vietnam
MONTHLY DATA VIETNAM – NOVEMBER 2018

SEK: Monthly Data Tundra Vietnam_ENG_2018-11 EUR: Monthly Data Tundra Vietnam_EUR_2018-11 USD: Monthly Data Tundra Vietnam_USD_2018-11

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6
Dec
2018
Monthly updates, News, Vietnam
MONTHLY COMMENT VIETNAM – NOVEMBER 2018

THE FUND: The fund fell 3.1% (SEK) in November compared to the benchmark index which gained 1%. The fund’s underweight in the index heavy Real Estate sector (primarily Vingroup, Vinhomes,…

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Fund Nav Currency 1D % 3M % YTD % 1Y % 3Y % START Date
Tundra Vietnam A 178.15 SEK -0.5 -11.5 0.9 -13.0 48.3 78.2 18 Jan 2019
Tundra Vietnam C 17.32 EUR -0.2 -10.7 0.9 -16.9 - 12.2 18 Jan 2019
Tundra Vietnam D 19.81 USD -0.3 -11.4 0.2 -22.3 41.6 28.4 18 Jan 2019

FACTS

Launch date: 6 May 2014 (Class A)
Management fee (ann): 2.5%
Entry fee/exit fee: 0%/0%
Risk level: see KIID for details
Manager: Mattias Martinsson
Benchmark index: FTSE Vietnam Index Total Return
Bank account: SEB 5851-1103805
ISIN: SE0005797099
PPM: 762823

PORTFOLIO MANAGER

Mattias Martinsson (Lead porfolio manager)
mattias.martinsson@tundrafonder.se

Duc Nguyen
Shamoon Tariq

MONTHLY UPDATES

We publish a monthly comments on fund performance and market developments. Subscribe here. Read the latest update as well as older editions in the archive.

Capital invested in a fund may either increase or decrease in value and it is not certain that you will be able to recover all of your investment. Historical return is no guarantee of future return.

The Full Prospectus, KIID etc. are available here. You can also contact us to receive the documents free of charge.

Please contact us if you require any further information:+46 8-55 11 45 70