Invest in future Vietnam

PYN Elite is a Finnish equity fund (AIF) that has invested in Southeast Asian stock markets with convincing results for 23 years. The story goes on, welcome to join.

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Market ready to score triple-double in 2023

— 25.01.23

The portfolio manager’s main thoughts about the fund and the market: 1) The discount caused by disciplinary measures will disappear. 2) Earnings growth remains decent. 3) The decline in deposit rates will support the stock market valuation multiples. The index…

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PYN Elite up 1.1% in December

— 05.01.23

In December, VN-Index down -3.9% and PYN Elite up +1.1%. Foreign investors continued to net buy 540 million USD, focusing on HPG, STB and VHM. HOSE’s average trading liquidity improved to about 600 million USD. VN-Index had a volatile year,…

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PYN Elite’s Lan Ngyuen interviewed by Inderes

— 22.12.22

Lan Nguyen, member of PYN Elite’s portfolio team was interviewed by Antti Järvenpää from Inderes. You can see the interview from here. Timeline: 2:24 Disciplinary measures in the Vietnamese market 06:52 Vinhomes and real estate 11:51 Retail market & VRE…

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3 853%

Total return

cumulatively on PYN Elite since the inception on 1.2.1999 until 30.12.2022. The average annual return is 16.6%.


Million euros

of assets under management in PYN Elite Fund in December 2022. 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.


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