Invest in future Vietnam

PYN Elite is a Finnish equity fund (AIF) that has invested in Southeast Asian stock markets with convincing results for 25 years. The story goes on, welcome to join.

PYN Elite up 5.0% in May

PYN Elite rose 5.0% in May, outperforming the VN Index’s 4.3%, driven by ACV (+24%) and CMG (+36%). The Vietnamese technology sector is advancing up the value chain and becoming

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PYN Elite down 8.2 % in April

The VN-Index saw a drop of 8.5% in mid-April, before staging a comeback and closing at -5.8% MoM. PYN Elite -8.2% MoM, driven by short-term profit taking in banking stocks

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Portfolio Manager's Investor Letter

PYN Elite’s portfolio manager, Petri Deryng, publishes a comprehensive Investor Letter four times a year, reviewing the Vietnamese market and often also global markets.

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cumulatively on PYN Elite since the inception on 1.2.1999 until 31.5.2024. The average annual return is 16,2%.


of assets under management in PYN Elite Fund in May 2024. 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.

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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.


7th May 2024

We have become aware in recent weeks of an ongoing fraud in Vietnam. This fraud involves the illegal use of the names ‘PYN’ or ‘PYN Elite,’ or variations thereof, in attempts to scam money from individuals through false or fake companies, mobile apps, websites, or social media.