News

VNIndex + 2.2% in Oct, – 3.7% YTD, while PYN +2.0% in Oct and +4.4% YTD. The index had a strong rally for the first three weeks of October as

VN Index +2.7% in Sep, -5.8% YTD; while PYN Elite +4.9% in Sep, and +2.4% YTD. The fund’s outperformance was attribut-ed to overweight on banks: the 7 bank stocks in

PYN EIite up 12.8% in August Vietnam stock market recovered well in August, VN Index was up 10.4% thanks to VCB (+8.6%), VNM (+13.1%) and BID (+11.7%). PYN Elite’s NAV

In July, VNIndex went down 3.24% due to 1) The anticipation of 2Q’s poor earnings results and 2) The outbreak of Covid-19 in Danang in late July. VCB, VNM and

VN INDEX declined -4.6% in the month, driven by large cap such as VIC (-8%) and VCB. PYN Elite is almost flat at -0.5% in the month. Liquidity was strong

Vietnam stock market continued to recover in May, VN Index was up 12.4% thanks to VCB (+25.3%), VHM (+20.4%) and VNM (+16.2%) while PYN Elite’s NAV increased 7.9% because of