Lan Nguyen, a member of PYN Elite’s portfolio management team, explains in an interview with Inderes the rationale behind the fund raising its VN Index target to 3,200 points.
In the interview conducted by Sara Antonacci, they also discuss the outlook for STB, which holds a significant weight in the portfolio.
In addition, Lan assesses when index provider MSCI may upgrade Vietnam to Emerging Market status.
The Interview is in English.
Important information regarding the text and the Fund
The attached publication is marketing material and should not be regarded as a recommendation to subscribe or redeem units of the PYN Elite Fund. Before subscribing please familiarize yourself with the Key Information Document, the Prospectus and the Rules of the Fund. The material presented in this text is based on PYN Fund Management’s view of markets and investment opportunities. PYN Elite Fund (non-UCITS) invests its assets in a highly allocated manner in frontier markets and in a small number of companies. This investment approach involves a larger risk of volatility compared to ordinary broadly diversified equity investments. The value of an investment may decline substantially in unfavorable market conditions or due to an individual unsuccessful investment. It is entirely possible that the estimates of economic development or a company’s business performance presented in this presentation will not be realized as presented and they involve material uncertainties. This publication is not meant to be read or distributed in Vietnam.