Vietnam Solid Data, No Tense, No Jittery
• PYN Elite’s key holdings (82% of the portfolio) valued at P/E 7.1 for 2021.
• Vietnam has the highest number of free trade agreements.
• Vietnam’s official GDP adjustment will result in increased investments by the government.
• Listed companies show an annual earnings growth of +15–20%.
• VN Index target upgraded to 1,800 points.
• Vietnam to be included in MSCI’s Emerging Market review list for upgrade within three years.
More about these topics and PYN Elite portfolio in our latest Investor Letter.
Investor Letter 3 2019 English.pdf
Portfolio Manager and Board Member, born 1961. Petri is the founder of PYN Fund Management. He has been a portfolio manager for the PYN Elite Fund since its inception in 1999. Petri has been quoted among the most successful portfolio managers in Finland and Europe. By Citywire, Morningstar and Arvopaperi Magazine. He has 30 years of experience in visionary and successful equity investing. Prior to starting as a full-time portfolio manager, Petri worked as an entrepreneur in the media industry in radio and television program productions. Petri is a graduate of economics. Petri has been living in Asia for a long time on the target markets for PYN Elite investments. In addition to investment, important things in his life are family, sea and fishing, as well as skiing, walking and cycling.