Viet Capital Fund
Overview
Viet Capital Fund (VCF)
Description: Viet Capital Fund (VCF), established in early 2007, is a domestic member fund with an initial fund size of approximately US$ 50 million. As the primary objective was to achieve a high risk-adjusted return, VCF was selectively investing in leading firms with excellent management, solid fundamentals and sustainable growth at reasonable prices. VCF defined itself as always looking for win-win solutions by creating value for all of its business partners.
Sector focus: All key sectors with good potential and fast growth in Vietnam (not invest directly in real estate and infrastructure)
At a Glance
Fund size
VND 792 billion (as of Jul 31, 2008)
Investment strategy
90% invested in medium and long term investment and the remainder for short term and trading purposes.
Investment criteria
Investing in truly outstanding businesses with top notch management at an attractive price.
Investment size
No single investment may exceed 15% of NAV and no more than 30% may be invested into a group or related group.
Auditor
PwC
Custodian
HSBC
Fund director
Linh Nguyen
Investment specification

We believe that through an active approach to investing we can best achieve our investment objective of consistently meeting our clients' performance expectations.

The skills of our investment professionals and the resources of the organization are deployed to exploit these dynamic investment opportunities. We are therefore committed to:

  • Multi-disciplinary, methodical and systematic processes that can identify and assess opportunities for profitable investment. All investments will be subject to comprehensive and in depth due diligence and evaluation.
  • An innovative approach that draws upon a variety of asset management techniques to deliver tailored investment solutions to our clients. A disciplined and rigorous approach to evaluating deal opportunities and implementing investments.
  • Investments are prioritized for industries which aim to improve human living standards and add value to the Vietnamese society. Investments in unhealthy industries particularly those which negatively affect public health and the environment are avoided. Invested companies should have a growth rate at least 2 times higher than the GDP growth rate.
  • A partnership with our people.

The epitome of our investment guidelines and process: Safety, Stability and Effectiveness.

A combination of top-down and bottom-up approaches applied to screening and analyzing process to ensure superior stock picking.

Being aware of conducting business in a young emerging market, we consider Risk Analysis the core of our investment process. Thorough and comprehensive due diligence is conducted for every investment. Site visits and multiple meetings with target’s stakeholders and industrial experts are mandatory steps to complete the investment process.

After investment, a close and comprehensive watch is conducted rigorously to provide an effective risk-alerting and to enable a timely action for every investment.

Board of directors
Dương Đức Trung
Chairman – Viet Capital Fund Board of Representatives
Lê Nữ Thuỳ Dương
Member of Board of Directors
Nguyễn Quốc Khánh
Member of Board of Directors
This fund has been closed due to the expiration of its operating term.