Hanoi (VNA) – VinaCapital FundManagement Joint Stock Company (VCFM), one of the most experienced assetmanagement companies in Vietnam, on March 20 announced the establishmentof its fourth open-ended fund - the VinaCapital Insights Balanced Fund (VIBF).
The move aims to diversify VinaCapital’s open-ended products, which have servedas an effective investment channel for individual and organisational investorsthanks to its good security and liquidity.
The VIBF offers a balance in the investment of bonds, treasury bills, fixed incomeassets, large-cap stocks and other valuable papers and records.
The VIBF launched its fund certificate initial public offering the same day, andthe fund certificates are available for sale until April 15.
VCFM General Director Nguyen Thi Thai Thuan said the VCFM has been working todevelop its products to fit the demands of investors. She described the VIBF asan efficient financial tool to help investors gain stable income and increasetheir assets.
The VCFM was founded in 2012 as a subsidiary of VinaCapital Group and operatedunder the name of VinaWealth Fund Management Company until July 2017. VCFMprovides investment management and investment advisory services for both domesticand international investors.
The VCFMis fully owned by VinaCapital Group, one of Vietnam’s most experienced assetmanagement and real estate development companies, with nearly 2 billion USD inassets under management in Vietnam. VinaCapital has more than 15 years ofexperience in Vietnam, and currently manage funds across multiple assetclasses, including public and private equity, fixed income, real estate,venture capital and managed accounts.-VNA
The move aims to diversify VinaCapital’s open-ended products, which have servedas an effective investment channel for individual and organisational investorsthanks to its good security and liquidity.
The VIBF offers a balance in the investment of bonds, treasury bills, fixed incomeassets, large-cap stocks and other valuable papers and records.
The VIBF launched its fund certificate initial public offering the same day, andthe fund certificates are available for sale until April 15.
VCFM General Director Nguyen Thi Thai Thuan said the VCFM has been working todevelop its products to fit the demands of investors. She described the VIBF asan efficient financial tool to help investors gain stable income and increasetheir assets.
The VCFM was founded in 2012 as a subsidiary of VinaCapital Group and operatedunder the name of VinaWealth Fund Management Company until July 2017. VCFMprovides investment management and investment advisory services for both domesticand international investors.
The VCFMis fully owned by VinaCapital Group, one of Vietnam’s most experienced assetmanagement and real estate development companies, with nearly 2 billion USD inassets under management in Vietnam. VinaCapital has more than 15 years ofexperience in Vietnam, and currently manage funds across multiple assetclasses, including public and private equity, fixed income, real estate,venture capital and managed accounts.-VNA
VNA
