Edison Investment Research Limited / GG00BYXVT888
12.11.2024 - 15:55:34Edison issues report on VinaCapital Vietnam Opportunity Fund (VOF)
Edison Investment Research Limited 12-Nov-2024 / 14:55 GMT/BST The issuer is solely responsible for the content of this announcement. London, UK, 12 November 2024 Edison issues report on VinaCapital Vietnam Opportunity Fund (LSE: VOF) VinaCapital Vietnam Opportunity Fund’s (VOF’s) sterling net asset value (NAV) per share increased by 9.1% over the year ending October 2024 in total return (TR) terms, compared to the Vietnamese equity market’s 14.1%, as measured by the VN Index. Vietnam’s equities are benefiting from increased interest from local retail investors, driven by low deposit rates, alongside favourable economic prospects, including a revival of exports. In 2024, Vietnam’s GDP growth is expected to accelerate and corporate earnings on average to grow at double-digits (LSEG Data & Analytics consensus). VOF’s shares trade at a 25% discount to NAV (vs a five-year average of 18%) and offer a 2.5% dividend yield. Click here to read the full report. All reports published by Edison are available to download free of charge from its website www.edisongroup.com Edison is authorised and regulated by the Financial Conduct Authority. Edison is not an adviser or broker-dealer and does not provide investment advice. Edison’s reports are not solicitations to buy or sell any securities. For more information, please contact Edison: enquiries@edisongroup.com +44 (0)20 3077 5700 Connect with Edison on: LinkedIn www.linkedin.com/company/edison-group-/ X www.x.com/edison_inv_res YouTube www.youtube.com/edisonitv Dissemination of a CORPORATE NEWS, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement. |