VNM ETF updates quarterly investment portfolio

Update: March, 11/2019 - 09:00
VanEck Vectors Vietnam ETF (VNM ETF) has released the latest quarterly update for its Viet Nam-focused investment portfolio, in which it made no change regarding the number of inclusive stocks. — Photo
Viet Nam News

HÀ NỘI — VanEck Vectors Vietnam ETF (VNM ETF) – the Việt Nam-focused exchange-traded fund managed by asset management firm MV Index Solutions – has released the latest update of its quarterly portfolio review.

In the review, VNM ETF said it would not add or remove any local stocks from its portfolio, matching previous forecasts by Việt Nam-based securities firms.

The number of Vietnamese stocks in the portfolio will remain unchanged at 17, accounting for 72.33 per cent of the portfolio.

But the proportion of individual stocks will alter.

Leading the portfolio are realty-retail-tech firm Vingroup and dairy producer Vinamilk with percentages of 8 per cent each. But the percentage of Vingroup shares dropped 0.78 per cent quarterly and that of Vinamilk shares gained 0.16 per cent.

The following include high-class residential property firm Vinhomes (7 per cent, down 0.54 per cent from the previous quarter), Novaland (6.5 per cent, up 1.34 per cent) and Vietcombank (6 per cent, down 0.14 per cent).

VNM ETF will complete its portfolio shake-up this trading week between March 11 and 15. — VNS