Invest in future Vietnam

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.

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TPB’s net earnings +38%

— 04.01.22

According to its earning preview of today TPB had an excellent year 2021 despite the ongoing pandemic. ROE 22.61%. TPB’s capital adequacy ratio (CAR) is at 14% which allows the bank to build on future growth (SBV has set a…

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PYN Elite Investor Letter

Our Portfolio Manager Petri Deryng shares his views of the Vietnamese Stock market in his Investor Letters four times a year.

Investor Letter

A small book about investing

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.

Download the book (pdf)

5 412%

Total return

cumulatively on PYN Elite since the inception in 1.2.1999 until 31.12. 2021. The average annual return is 19.1%.


Million euros

of assets under management in PYN Elite Fund in December 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.


Equity investment allocation in Vietnam

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.


By subscribing to our newsletter, you will receive a monthly overview of the fund and up-to-date fund reports from Vietnam.