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Vietnam Enterprise Investments Ltd (VEIL) Ord USD0.01(DI)

Sell:435.50p Buy:439.50p 0 Change: 6.00p (1.39%)
FTSE 250:1.15%
Market closed Prices as at close on 10 July 2020 Prices delayed by at least 15 minutes | Switch to live prices |
Sell:435.50p
Buy:439.50p
Change: 6.00p (1.39%)
Market closed Prices as at close on 10 July 2020 Prices delayed by at least 15 minutes | Switch to live prices |
Sell:435.50p
Buy:439.50p
Change: 6.00p (1.39%)
Market closed Prices as at close on 10 July 2020 Prices delayed by at least 15 minutes | Switch to live prices |
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Objective

The objective of the company is to seek medium to long term capital appreciation of its assets. Investment criteria are attractive growth and value metrics, good corporate governance, and alignment with the underlying growth drivers of Vietnam. VEIL maintains a broad universe, which includes companies operating and/or listed outside of Vietnam, and it looks to outperform the VN Index on a rolling three-year basis.
Security Weight
Mobile World Investment Corp 8.61%
Asia Commercial Bank (Vietnam) 8.04%
Vinhomes JSC 7.88%
Khang Dien House Trading and Investment JSC 7.11%
Hoa Phat Group JSC 5.71%
Military Commercial Joint Stock Bank 4.81%
FPT Corp 4.18%
Hai Phat Investment JSC Ordinary Shares 3.94%
Joint Stock Commercial Bank for Foreign Trade of V 3.79%
Vietnam Prosperity JSC Bank 2.98%
Sector Weight
Real Estate 29.89%
Financial Services 22.90%
Technology 12.79%
Basic Materials 6.11%
Industrials 6.07%
Consumer Defensive 3.70%
Consumer Cyclical 2.67%
Energy 2.22%
Healthcare 2.03%
Utilities 0.44%
Country Weight
Vietnam 93.23%

Fee Structure

Management fee is a 2.00% p.a. on the first USD 1.25bn of the NAV b 1.75% p.a. on the portion of the NAV in excess of USD 1.25bn and less than or equal to USD 1.5bn and c 1.50% p.a. on the portion of the NAV above USD 1.5bn. The contract is terminable on 24 months notice.

Dividend Policy

The investment objective of the Company is to achieve medium to long-term capital appreciation of its assets. As a result, the Company has no current intention to declare dividends. The Board may from time to time declare any such dividends to the holders of Ords as appear to the Board to be appropriate. No dividend may be declared or paid other than from funds lawfully available for distribution.

ASSET SPLIT

Total number of holdings: 41.

Trust Manager

Vu Huu Dien

Manager Bio

Not currently available for this investment trust.

Board Of Directors

Stanley ChouChairman, Gordon Lawson, Derek Loh, Dominic Scriven, Vi Peterson, Entela Benz-Saliasi

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Objective, holding data, trust manager and bio information, dividend policy, asset split and fee structure are provided by Morningstar.

The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.