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VNDAF – SIP

VNDAF – SIP is a product that helps customers implementing a systematic savings investment. Accordingly, every month, investors spend a certain amount on accumulating Fund Certificates (VNDAF) and contribute capital to the fund for experts to manage and allocate investments under a specific strategy.

VNDAF is an open-end fund certificate of ETF, a form of investment in the portfolio of VN30 stock which has the largest capitalization in the market and the potential for long-term sustainable development. Read more about VNDAF Fund here.

REPORT ON NAV TO VNDAF

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ADVANTAGES FROM VNDAF – SIP

Price average
Joining SIP is a way to help you avoid fluctuations in the market. Spending a certain amount every month, you can buy more fund certificates at lower prices and less at higher prices.

Discount on purchase fee
The average investment cost per Fund Unit is lower than the average price of FC regardless of how the price changes. Besides, you will receive a 50% discount on your purchase fee when joining the SIP.

Enjoy compound interest
The longer the investment period is, the more you can accumulate proceeds because of compount interest

Establishing investment discipline is easy in a simple procedure
When participating in SIP, you do not need to place a monthly purchase order like normal investment, just transfer the SIP purchase amount periodically to the fund’s account.

HOW MUCH PROCEEDS DOES INVESTORS COLLECT BECAUSE OF COMPOUND INTEREST?

The table illustrates the proceeds over the investment period and the profit rate from investing only 1 million monthly.

Yearly profit rate Years of Investment
5 10 15 20 25
5% 68,006,083 155,282,279 267,288,944 411,033,669 595,509,708
10% 77,403,072 204,844,979 414,470,346 759,368,836 1,326,833,403
15% 88,574,508 275,217,058 668,506,759 1,479,239,481 3,243,529,615
20% 101,758,208 376,095,300 1,115,699,905 3,109,651,838 8,485,286,707
25% 117,398,588 521,931,099 1,915,870,809 6,719,113,709 23,270,146,863

TRANSACTIONAL INFORMATION

Frequency Monthly
Monthly investment amount Minimum: 1,000,000 VND / month.

Amounts may change monthly as long as they are greater than the minimum amount.

We recommend Investors should accumulate the money every month to benefit from the price average.
Period Minimum: 12 months.
Date of payment for SIP Any day of the month.

Investors are recommended to deposit money at a certain time of the month to establish the investment discipline.
Date of the transaction The latest trading day of fund certificates after the day on which the fund receives valid transactions from the Investor.
Number of orders matched during the month 01 order/month, matched for the total amount purchased in a transaction received by the Fund at the earliest of a month.
Termination of the periodic investment program SIP Investors do not pay as committed 2 or more times since the date of joining the program
Buying fee SIP buying fee = 0.5%

50% discount on buying fees compared to usual transactions
Selling fee for SIP program termination before the due date The fee for SIP sale= 1.3% if the Fund certificate is brought under the SIP program within 12 months since the date of starting the program

INSTRUCTIONS FOR TRADING

Step 1: Register to create a Fund Certificate trading account (FC)
(Apply for investors who do not have an FC trading account).
Please register online or fill buy/sell sheets and submit them to exchanges
Step 2: Register the Periodic Investment Agreement
( Agreement Link)
Step 3: Monthly, please pay for buying FC to the account of the Fund at the supervisory bank
Account information:
Name: QUY ĐAU TU CHU DONG VND
Number: 1221.0001.690341
Bank: Joint-stock Commercial Bank for Investment and Development of Viet Nam–branch Ha Thanh
Note:[Fullname of investor] [FC trading account number] mua VNDAFS003

Ex.: “Nguyen Van A 021C123456 mua VNDAFS003”
Notices:

Investors joining SIP do not need to fill Buy Order as usual. Buy order will be automatically placed for the latest day of FC transaction after the Fund receives Investor’s valid transaction.
Within 3 working days since the Trading Day, Investors will receive the notification of the results of trading fund certificates.