Invest in the 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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Vietnam’s Credit Rating Upgraded

— 16.04.21

Fitch upgraded Vietnam’s outlook in April from stable to positive. Credit Rating Agency highlighted in the review Vietnam’s ability to sustain high growth and the brisk outlook of the economy. Vietnam’s public debt-to-GDP ratio also stands out, as it reflects…

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PYN Elite +1.4% in March

— 08.04.21

In March, PYN Elite gained 1.4% supported by CTG, VCI and HDB. VN Index gained 2.0% helped by VIC and banking stocks. The Index held up well supported by local investors buying as bank deposits become less appealing with lower…

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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. Here is the latest letter.

Investor Letter 1/2021

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)


Total return

cumulatively on PYN Elite since the inception in 1.2.1999 until March 2021. The average annual return 18.2%.



Million euros

of assets under management in PYN Elite Fund in March 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.


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