PYN Elite is a Finnish equity fund (AIF) that has invested in Southeast Asian stock markets with convincing results for over 22 years. The story goes on, welcome to join.
In this investor letter we are trying to illustrate with few key data series our views of the outlook for Vietnamese stocks and PYN Elite Fund. We hope you will find these charts and tables useful to deepen your understanding,…
PYN Elite rose strongly (+9.9%) in May supported by all our banks (+30% May and +50% YTD on average) and VN Diamond (+12% May, +42% YTD). VN index also went up by 7.2% on the banking sector rally. Last year…
PYN Elite NAV lagged behind VN Index in April, but in May our NAV has again outperformed the index. Our bank stocks have been on a tailwind, and the heavily weighted housing developer Vinhomes has also picked up. Companies in…
Our Portfolio Manager Petri Deryng shares his views of the Vietnamese Stock market in his Investor Letters four times a year.
A book has been made of PYN Elite fund’s past years in Southeast Asia, which has been compiled from the investor letters written by our Portfolio Manager Petri Deryng over the years. Read about the fund’s eventful times in Thailand and the latest turns in the Vietnamese market.
cumulatively on PYN Elite since the inception in 1.2.1999 until 31.05. 2021. The average annual return 18.6%.
of assets under management in PYN Elite Fund in May 2021. PYN Elite is the largest investment fund registered in Finland investing in Asian equities.
of experience in the Asian stock market, and also the equity fund managed longest by the same portfolio manager in Finland.
PYN Elite has been investing in Vietnam since 2013 and today all of our equity investments are in Vietnam, which is among the fastest growing economies in Asia.