NH-Amundi Asset Management, Vietnam Leverage Fund Achieves Over 30% Return Since Early Year
NH-Amundi Asset Management announced on the 17th that the Vietnam Leverage Fund has recorded a return of over 30% since the beginning of the year.
As of the 16th, the Vietnam Leverage Fund's year-to-date return is 30.71%. The return since inception reaches 39.13%.
The Vietnam Leverage Fund is managed to track 1.5 times the daily fluctuation rate of Vietnam's VN30 Index. The VN30 Index is Vietnam's representative index composed of 30 stocks selected based on market capitalization and liquidity within the Ho Chi Minh Stock Exchange. Therefore, this fund can be effectively used as an investment tool during upward trends in the Vietnamese stock market. Conversely, it should be noted that the opposite results may occur during downward trends in the Vietnamese stock market.
NH-Amundi Asset Management expects Vietnam to continue stable growth in the long term. The Vietnamese government is currently implementing a five-year socio-economic development plan along with the commencement of a large-scale high-speed railway project. Additionally, there is an industrial shift from primary industries to manufacturing and services, and related industries are expected to attract attention.
Kim Ju-in, team leader of the Passive Solution Division managing this fund, explained, “Vietnam is in a situation similar to Korea in the 1980s and is expected to follow a growth path like Korea.” He added, “Over the next five years, Vietnam’s national income growth rate is projected to be the highest among neighboring emerging countries, indicating promising long-term growth.”
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Go Soong-cheol, head of the Equity Management Division, stated, “NH-Amundi Asset Management can be considered the absolute leader in leverage funds, having launched the first leverage fund in Korea.” He added, “If you want to invest in the unlimited growth potential of the Vietnam market, the Vietnam Leverage Fund could be a good choice.”
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