The NAV of PYN Elite has shown positive performance during the current year. The year 2023 began with a NAV value of 395 and the latest figure has exceeded 443.
Vietnam’s GDP growth slowed to 3.3% during Q1. The country’s exports have recorded weak numbers since autumn, alike other Asian exporting countries, but the weakness of exports is not the
The ten percent jump in the PYN Elite NAV in January was wiped out during February, and now the NAV is back to the year-end level. Uncertainty still prevails in
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
We have experienced an unexpected and very peculiar year in Vietnam. In 2022 the stock market of Asia’s fastest-growing, most competitive, and the least-indebted country has faced a total crash.
VN Index -31.9% YTD VND Forex -8.1% YTD PYN Elite -37.3% YTD (21.10.2022) What is going on in the markets? Vietnam’s stock market has been globally one of the worst