REG - VietNam Holding Ltd - Estimated Daily Net Asset Value

VietNam HoldingAnnouncement

21/04/2020 10:55

RNS Number : 3435K
  
VietNam Holding Limited
  
21 April 2020
  
 

For immediate release
VietNam Holding Limited ("VNH" or the "Company")
Estimated Daily Net Asset Value (NAV)
The Vietnam market experienced a significant decline due to profit taking today, after rising by more than 20% month-to-date, triggered by the sharp drop in WTI oil futures. The market fell broadly and the VNAS fell by 3.9%. The Fund's NAV per share fell by 3.9%.
The Company announces that, at its close of business on 21 Apr 2020 its Estimated NAV was USD 106.9 million or USD 2.103 per share and GBP 86.2 million or GBP 1.697 per share (GBP/USD = 1.2394).
Change in position as at 21 Apr 2020:
 







NAV per share (USD)


Vietnam All Share Index (USD)




Daily


-3.9%


-3.9%




Calendar month-to-date 


15.9%


16.0%




Calendar year-to-date


-24.2%


-20.4%




5-year CAGR


0.4%


2.4%




10-year CAGR


3.8%


0.5%



 
 
Daily performance is calculated by reference to the previous day NAV/share and VNAS (Vietnam All Share Index). Calendar month-to-date performance is calculated by reference to NAV/share and VNAS as at 31 Mar 2020. Calendar year-to-date performance is calculated by reference to NAV/share and VNAS at the previous calendar year end (31 Dec 2019). 5-year CAGR (compound annual growth rate) is calculated by reference to NAV/share and VNAS as at 21 Apr 2015. 10-year CAGR is calculated by reference to NAV/share and VNAS as at 21 Apr 2010. VNAS is sourced from Bloomberg, which uses back-tested positions for VNAS for before 27 Jan 2014 as released by HoSE (Ho Chi Minh City Stock Exchange).
The Estimated Daily NAV stated in this announcement is based on estimated valuations and accordingly the Company accepts no responsibility for the accuracy of the Estimated Daily NAV figure given, and neither is any responsibility implied. The actual month end NAV in any month may vary from the Estimated Daily NAV provided in the relevant month. Accordingly, no reliance should be placed on the Estimated Daily NAV and it has been provided for indicative purposes only.
 
More information on the Company is available at www.vietnamholding.com 
Craig Martin
craig@dynamcapital.com
Tel.: +84 28 38277 590



Dynam Capital Limited
https://www.dynamcapital.com


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