ETF Monitor – A NEW DIAMOND FOR VIETNAM’S STOCK MARKET
Strategy Note 28/02/2020 220
- ETF VFMVN DIAMOND will go IPO since 3 Mar 2020.
- Assuming that VFM will raise the capital of VFMVN Diamond ETF to VND1,000bn (~US$42.5m), below is our estimation on the value size of each components and required days to buy.
- VPB, FPT and MWG will enjoy the top 3 biggest stock weight with 15.3%, 14.7% and 14.0%, respectively.
- We observed that VN DIAMOND index outperformed since Nov 2019.
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