| As of 19 December 2024 | |
| Symbol | VCBF-FIF |
| Inception date | 09/08/2019 |
| License number | 40/GCN-UBCK |
| Supervisory bank | Standard Chartered Bank |
| Auditor | Ernst & Young |
| Distributors | VCBF, VCBS, FMARKET |
| Profit distributions | N/A |
| Net Asset Value | 368,061,293,292 VND |
| NAV/unit |
14,425.22 |
| NAV change since last period | |
| YTD Total Return at NAV | |
| Highest NAV/ unit (52w) | 10,338.9 |
| Lowest NAV/ unit (52w) | 9,997.36 |
| Number of outstanding units | 25.515,111.31 |
| % of foreign ownership * | 2.26% |
| Distribution rate at NAV * | N/A |
| Expense ratio and Turnover rate |
|
| Operating expense rate (%) * | 0.59% |
| Portfolio turnover rate (%) * | 47.38% |
| Portfolio Positions * | 9 |
|
(*) Update at 19 December 2024 |
VCBF Fixed Income Fund is a bond fund with 100% of its NAV invested in high quality fixed income assets.
The Fund's main investment objective is to preserve initial capital and to generate regular income by investing in fixed income assets.
The Fund will follow a straightforward, disciplined investment strategy seeking income.
The Fund will maintain a diversify portfolio of high quality fixed income assets, mainly Vietnam Government bonds, Government backed bonds, municipal bonds and high quality corporate bonds.
Based on the Manager's assessment of the macroeconomic situation and interest rate trends, the Manager will allocate assets to achieve the Fund's objectives.
.
For Government bonds, Government guaranteed bonds and municipal bonds, the Manager focuses on maturity management, chooses bonds depending on interest rate expectations, and the liquidity of different terms.
For corporate bonds, the Fund Manager applies a bottom-up approach based on the basics of the enterprise. The Fund will consider investing in bonds of issuers with good financial status, stable cash flow and high debt repayment capability.
The benchmark is the rate of return of 10 (ten) year bonds issued by the Government of Vietnam.
The Fund offers relatively stable returns which are expected to be higher saving interest rates. The expected return of the Fund is over 8% per year.
The Fund has other benefits as an open-ended fund. You can read more about benefits of an open-ended fund in “Benefits of OEFs” item on menu “Open-end funds”
| Portfolio Details | |||
| As of 30 September 2024 |  |
||
| Asset Mix | |||
| Corporate Bonds |
74.5% |
||
| Term Deposit | 16.4% | ||
| Cash and Others | 2.2% | ||
| Certificates of Deposit | 6.8% | ||
| Top 05 holdings |
|
| Company short name | % of NAV |
| Bond of Coteccons (CTD122015) | 15.3% |
| Bond of Vinhomes JSC (VHM121025) | 13.0% |
| Bond of Masan (MSN123008) | 11.8% |
|
Bond of TNG Investment And Trading Joint Stock Company (TNG122017) |
8.9% |
| Bond of Masan MEATLife (MML121021) | 8.8% |
| Total | 57.8% |
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