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By LSE RNS

RNS Number : 9938F
VietNam Holding Limited
23 May 2017
 

VietNam Holding Limited ("VNH" or the "Company")

Monthly Investor Report

A report detailing the activities of the Company for the month of April 2017 has been issued by VietNam Holding Asset Management Limited, the investment manager of the Company. Electronic copies of the report have been made available to shareholders on the Company's website at http://www.vietnamholding.com/publications/investor-reports and a summary of the report is included below.

 

Investor Report Summary

The first "down" month of the year is to be welcomed, in that it was a very modest down - of under half a percent off the Vietnam All Share (total return) Index to 724.7 - and also in that healthy bull markets need regular pauses in order not to stir up trouble down the road. Now that VNAS total return data are available, we will in future refer to these as our chief comparator - total return figures provide a stiffer bar to beat, but are the correct one, since VNH reinvests dividends rather than pays them out. With the index up 18% in local terms (16% in dollars) over the past 12 months, and 11% thus far in 2017 (same in dollars), Vietnam's bull market has been reliably chugging on. VNH's NAV per share rose 0.4% in the month of April to USD 2.827, making the 12-month and 2017-to-date appreciation 20.6% and 6.7% respectively.

 

 

For more information please contact:

VietNam Holding Asset Management Limited

 

 

Investor Relations

Jay Vontobel

investorrelations@vnham.com
www.vietnamholding.com

 

 

 

 

 

Smith & Williamson Corporate Finance Limited Nominated Adviser

Tel: +44 20 7131 4000

 

Azhic Basirov / Ben Jeynes

 

 

 

 

 

Winterflood Investment Trusts
Broker

Tel: +44 20 3100 0000

 

Joe Winkley / Neil Langford

 

 

 

 

 

Buchanan Communications
Financial Public Relations

Tel: +44 20 7466 5000

 

Charles Ryland / Vicky Hayns

 

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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