| As of 19 November 2024 |
|
| Symbol | VCBF-MGF |
| Inception date | 02/12/2021 |
| License number | 48/GCN-UBCK |
| Supervisory bank | Standard Chartered Bank |
| Auditor | Ernst & Young |
| Distributors | VCBF, FMARKET |
| Profit distributions | N/A |
|
Net Asset Value |
558,209,800,650 VND |
| NAV/unit | 12,563.86 |
| NAV change since last period | |
| YTD Total Return at NAV |
|
| Highest NAV/ unit (52w) | 27,193.79 |
| Lowest NAV/ unit (52w) | 20,665.63 |
| Number of outstanding units |
44,429,791.74 |
| % of foreign ownership * | 0.28% |
| Distribution rate at NAV * | N/A |
| Expense ratio and Turnover rate |
|
| Operating expense rate (%) * | 2.34% |
| Portfolio turnover rate (%) * | 39.06% |
| Portfolio Positions * | 31 |
| (*) Update at 19 November 2024 |
VCBF Midcap Growth Fund (VCBF-MGF) is an open-ended fund which invests up to 100% of its Net Asset Value in listed equities with mid market capitalization and good liquidity.
The investment objective of the Fund is primarily to provide medium to long term capital appreciation.
The Fund will primarily invest in a diversified portfolio of stocks listed on the Ho Chi Minh Stock Exchange (“HSX”) and the Ha Noi Stock Exchange (“HNX”) which have a mid market capitalization and are liquid.
The Fund follows a blend of value and growth style of investing.
The Fund will follow a bottom-up approach to selecting stocks for investment, focusing on the individual attributes of a company, and choosing companies across sectors.
The VNMIDCAP Index shall be the benchmark.
The Fund gives you the opportunity to increase long-term returns through investment in a diversified portfolio of companies that are considered to be the best in their industry. These companies typically have good growth prospects, have good management teams and are priced reasonably or undervalued.
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”
VCBF Midcap Growth Fund focuses on generating long-term returns from investments in mid cap companies, hence could be considered as a core equity portfolio for all type of investors with an investment horizon of 3 - 5 years or longer.
| Portfolio Details | ||
| As of 30 September 2024 | 
|
|
| Asset Mix | ||
| Equity | 99.1% | |
| Cash and Others |
0.2% |
|
| Term Deposit | 0.6% | |
| Industry Breakdown | ||
| Financials | 31.1% |  |
| Industrials | 22.0% | |
| Consumer Discretionary |
12.7% |
|
| Utilities |
7.4% |
|
|
Information Technology |
6.5% | |
| Real Estates | 5.8% | |
| Not Classifed | 5.6% | |
| Materials | 4.6% | |
| Health care | 2.9% | |
| Consumer Staples | 1.4% | |
| Top 05 holdings |
|
| Company short name | % of NAV |
| Sai Gon Thuong Tin Commercial JS Bank (STB) |
9.1% |
| Military Commercial JS Bank (MBB) | 5.4% |
| Binh Duong Water - Environment Corporation – JSC., (BWE) | 5.1% |
| FPT Corp (FPT) | 5.1% |
| Phu Nhuan Jewelry Joint Stock Company (PNJ) | 4.9% |
| Total | 29.7% |
