The Ho Chi Minh Stock Exchange (HOSE) launched the total return index (TRI) on June 30 to evaluate investment efficiency.

Experts said the TRI is in accordance with international standards and practices, especially given that the investment trend according to the Vietnam stock market index is shaping more vividly.

Deputy Director of the bourse’s research and development office Ho Ngoc Doan Trang said the HOSE aims to diversify indicators serving investors, particularly investment funds.

She said the TRI provides investors with an effective evaluation tool, as well as more reference for exchange-traded funds (ETF) as the TRI reflects returns more accurately than a price index.

Portfolio manager at Dragon Capital Group Le Yen Quynh said the establishment of the total return index is necessary not only for investment funds but also for investors at large, she said, adding that two biggest ETFs in Vietnam, namely Market Vector and DB x-trackers FTSE, are utilising this index.-VNA