Initially a Cayman Islands registered closed-end investment fund. Converted to an open-end mutual fund on 14 June 2013
9 August 2007
Applications may be made prior to each Dealing Day (first business day of each calendar month)
USD $100,000 or its equivalent in another currency
Quarterly with a minimum of sixty (60) days written notice submitted to the Administrator
Up to 15% of the Fund’s issued and outstanding shares will be available for each redemption. Redemption requests may need to be processed pro-rata based on the amount of requests received; Settlement is thirty (30) days after the Redemption Date.
3% of NAV of the redeemed Shares
922.182 (as of June 2020)
EUR 3.306.236 (as of 30 June 2020)
Grant Thornton (Cayman Islands)
2% of NAV
20% of gains over 8% hurdle with a high water mark
Deutsche Bank (Cayman) Ltd
Deutsche Bank AG, Ho Chi Minh City Branch
Euroclear / Clearstream
+44 207 898 7127
Renell Bank, Frankfurt
+49 69 133 8765-0
Saigon Asset Management is the Investment Manager of the Fund subject to the overall policies, control, direction, review, instructions and supervision of the Board of Directors.
Mr. Clemens Zankel – Chairman & Independent Non-Executive Director
Mr. Alpay Ece – Independent Non-Executive Director
Ms. Claire Heathfield – Independent Non-Executive Director
The investment objective of the Fund is to achieve capital appreciation by making equity investments in companies with significant interests in Vietnam. Specifically, the Fund intends to invest in equity securities of publicly and privately owned companies, over-the-counter (OTC) companies, listed companies, and debt securities. The Fund aims to invest in a diversified and balanced portfolio that should achieve above average returns at an acceptable level of risk, give rise to long-term and short-term returns, and be capable of yielding recurrent earnings and/or capital gains.