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VNDAF fund certificate 29112022

VIETNAM TOP ASSET PERFORMERS

LONG-TERM GROWTH OPPORTUNITY

VNDAF is an Open-Ended Fund in Vietnam, investing in Vietnam Top Asset Performers.

VNDAF is designed to meet the needs of investors who want to allocate their investment in an efficient stock portfolio and look for outstanding long-term growth opportunity together with the growth of Vietnam’s economy.

WHO ARE SUITABLE FOR VNDAF?

  • Investors have idle money, want to make long-term investment but do not have time to follow the market
  • Investors want to have professional investment management follow investment discipline
  • Investors want to have a diversified investment portfolio, minimizing risks while maximizing profits
  • Investors want a convenient and easy form of investments

ADVANTAGES FROM VNDAF OPEN-ENDED FUND

HIGH LONG-TERM RETURN

VNDAF delivers outstanding return. Expected long-term profit of 12-15%/year.

SELECTIVE INVESTMENT STRATEGY

VNDAF invests in Vietnam TOP performer assets that deliver the best return.

SMALL INVESTMENT AMOUNT

Easy to invest from only 100,000 VND.

TRANSPARENCE, INDEPENDENCE

All investment activities are supervised by Supervisory Bank – BIDV.

BENEFITS

  • Professional management, prestige and toward long-term sustainable growth value
  • Outstanding income with a low level of investment risk through diversification of portfolio and discipline of selection for stocks of leading enterprises, with sustainable operating background and high growth potential
  • Be consistent with the form of periodic savings and investment or long-term assets investment for a future goal

SMALL AMOUNT FOR JOINING: Only from VND 1,000,000 or more
GUARANTEED LIQUIDITY: Fund management company guarantees the acquisition of fund certificates at the request of investors
EXPECTED PROFIT: 12%-18%
CONTRIBUTION OF INVESTMENT CAPITAL UNDER A STRATEGY: Investors contribute capital to a common account for investment with the purpose of making future profits under the predetermined strategy

  • VNDAF Fund is an investment fund certificate (VND Asset Fund), investing in stocks, which is suitable for long-term assets investment strategy and has proven to be effective in a long time.
  • There is no limit on the amount and duration of investment.
  • Small investment of only VND 1 million, it is possible to invest in stocks in VN30 portfolio.
  • Investors can resell fund certificates according to weekly fixed net asset value and transaction at any time.
  • Level of investment risk is lower than that of stock investment because of the diversity of asset allocation of portfolio, to ensure that the impact of price changes of some stocks on the portfolio is controlled at an acceptable level.
  • Investors can make investments from iVND online trading system or transfer transaction money from any Bank branch in VNDIRECT’s BANKGATE system connected to top 9 banks
  • RECOMMENDED INVESTMENT PERIOD is at least 8 years in order to have benefits from economic growth cycle and minimize short-term change risks of the stock market.
  • The expected level of profits in long-term cycle is from 12 to 18%.
  • For customers who choose VNDAF Fund Certificates in the form of short-term trading of index changes, it is necessary to have discipline of stop loss and profit taking in accordance with risk management of transaction form to avoid capital loss.
INVEST IN OPEN-END INVESTMENT TRUST SELF-INVESTMENT
Limit risks Diversified investment portfolio helps investors reduce risks and share risks with other investors Small investment scale, it is difficult to invest in diversified stocks, difficult to disperse risks
Professionally managed Managed by a professional investment manager, with advantages in information, research, analysis & investment experience Self-management. Investors must analyze and select stocks for investment by themselves
Reduce transaction costs Due to large transaction volume, transaction costs will decrease Transaction in small volume without advantage in transaction fees
Flexibility and liquidity Allow investors to decide the time of investment, and can withdraw money at any time For term deposit, the premature withdrawal will affect the interest rate which is already earned

NAV REPORT OF VNDAF FUND

See here

TRANSACTION INFORMATION

FUND VNDAF
Minimum purchase value Minimum VND 1,000,000
Minimum sales quantity Not available
Transaction date Every Thursday (Day T)
Time of receiving last order at the distribution agent 10:30 am day T-1
Bank account – Account name: VND ACTIVE INVESTMENT FUND

– Account number: 122.10.00.255.6668

– Bank: Bank for Investment and Development of Vietnam (BIDV) – Ha Thanh Branch

– Content: [Investor’s name] [Account number of open CCQ] buying VNDAF

 

BUYING FEES
Total amount registered to buy Buying fees on total amount registered to buy
From 1 million to 10 billion 1,00%
From over 10 billion 0,75%
SELLING FEES
Time of investment Selling fees on total selling value
Less than 3 months 1,00%
From 3 months – 1 year 0,75%
From 1-2 years 0,50%
From 2 years or more 0%

MANNER OF TRANSACTION

Manner 1: Online

Investors log in their security accounts and place orders on the price list of Online Fund Certificates
Or see detailed instructions on support page of VNDIRECT HERE
Manner: At the floor

Investors fill in BUYING / SELLING ORDER and submit at the floor

FAQs ABOUT VNDBF OPEN-ENDED FUND

 How long does an open-ended fund operate?
Open-ended fund in terms of duration – no fixed term
What does the fund invest in, what is the stock/bond/cash ratio, is the fund investment risky?
VNDBF profit comes from:

– Bond yields, interest rates of certificates of deposit, deposits and other fixed income assets

The expected return of the bond fund is from 7-8%/year
Where does the fund’s profits come from?
The profit of VNDBF is usually higher than bank deposits with the same tenor because the Bond Fund invests in financial assets with higher returns. However, Bond Fund invests in listed bonds that have value based on the demand & supply of the market. Therefore, in the short term, the value of listed bonds may have small changes.
Is the return on an open-ended fund always higher than the saving interest rates?
Open-ended funds aim to achieve long-term returns higher than the interest rates of bank deposits. Bank deposits have guaranteed interest rates so profits are limited. Open-ended funds profit from capital growth and income from investments, so there is no limit to profits. However, in the short term, the fund may have higher or lower returns than bank deposits.
Do open-ended funds guarantee profits? What should I do if the fund is at a loss?
Stock open-ended funds do not guarantee a profit rate (according to the law). The NAV price of fund certificates may fall below the value purchased by investors due to market fluctuations. However, since investing in funds is an investment to get high returns over the long term, the secret to accepting market volatility is to focus on long-term results rather than day-to-day changes.
Liquidity of open-ended funds compared to other investment channels?
The VNDAF open-ended fund has HIGHER liquidity than other investment channels. Fund investors can withdraw part or all of the investment easily and quickly by selling fund certificates to IPAAM at any time. IPAAM is responsible for buying back all fund certificates at the fair price at the time of sale minus selling fees (if any).
How to calculate NAV of open-ended funds?
Fund certificate price = (Total Market Value of Fund’s Assets – Total Debt of Fund)/ Total number of Fund Certificates in circulation.
How transparent is the fund? Is there a risk of losing money?
-All funds and assets of the fund are kept in the fund account in the Depository Bank, BIDV. The equity value is calculated independently and objectively by the Fund Management Department of BIDV.

-Report on the net asset value of the fund and value of fund certificates is published on the trading day on the website of the fund management company: http://ipaam.com.vn; report to the SSC and post it on the SSC website.

-Payment transactions to buy fund certificates of customers are deposited directly into the fund account at BIDV. When the customer sells the certificate, the money from the sale of the certificate is transferred directly from the fund account at BIDV to the bank account that the customer has registered to receive money. Thus, there is no cash transaction from the fund’s account with VNDirect/IPAAM employees, no risks can occur.
Is there a certificate of ownership of fund certificates? If there is no certificate, how to certify the customer’s ownership if there is a complaint?
-The value of NAV/Fund Certificate changes constantly, so the investment value of customers also changes weekly, so there is no “Certificate” for the customer because the Fund Certificate can only confirm the amount customer’s fund certificates at a time. The value of NAV/Fund Certificate is constantly changing, so the certificate is not worth much.

-In case of customer request, the Fund Management Company is willing to provide Fund Certificate Account Statement at the time of customer request (such as the Bank providing the Client’s Account Statement).

-All customer transactions: money is transferred to BIDV, matched orders are confirmed by Vietnam Depository Center (VSD), so there is complete evidence of customer transactions confirmed and provided by third parties. Therefore, it is possible to provide sufficient evidence to customers when customers have needs.
Does the fund pay an annual dividend? What is the dividend rate?
Open-ended funds use money to invest, so there is usually no annual dividend policy, but the fund’s profits will be continuously reinvested and profitable for customers. In case the customer wishes to receive the profit of the fund when the price has growth, the customer will sell a part of the fund certificate to realize the profit of the fund certificate. If the fund cannot find effective investment opportunities and change the policy, decide to pay dividends, when the decision is made, we will promptly notify the Customer.
I am also investing in fund certificates of foreign funds, the returns are generally higher, so what’s better for me if I invest in domestic funds?
Many foreign investors and foreign funds invest in Vietnam’s stock market, especially in recent years, proving the attraction and potential of the market. You can choose to invest a moderate amount of money in VNDBF fund certificates to diversify the investment portfolio, minimize risks, and have a clear comparison of the investment efficiency between two funds.
How long should I invest in an open-ended fund to get the best return?
According to statistics, open-ended funds provide high returns in the long run, higher than savings interest rates and bond investment rates. Therefore, an open-ended fund can provide a higher return when you invest for the long term. However, the length of time it takes to invest in a fund depends on your own financial goals and the amount of money you intend to invest. We recommend the fund investment period should be 5 years or more.
Does the customer have to keep certain amount of money (or fund certificates) to maintain the account? Is it possible to sell all the fund certificates in the account?
The VNDBF does not require a Minimum Balance to maintain an account. In case the Customer sells all of the fund certificates, the Customer is deemed to close the fund certificate account. When the Customer needs to re-invest in fund certificates, the distribution agent will reactivate the account.
When should I start investing in open-ended funds?
Investment returns from open-ended funds come from the growth of the stock market through the power of compound interest and investment duration. Therefore, you should invest in open-ended funds as soon as possible and as soon as you have determined your financial goals. Delaying investing only increases your burdens and makes achieving your financial goals more difficult.