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Vietnam Blue-chips Investment Fund - VF4

VF4 - Vietnam Blue-chips Investment Fund is the forth close-ended fund listed on HOSE which was initially raised its chartered capital of VND806.46 billion (USD48.9million) in January 2008 and listed in Ho Chi Minh Stock Exchange in June 2008. VF4 plans to increase its capital to VND8, 000 billion (USD484.8million) during its operation term.

VF4 invests in blue-chips on the Vietnam stock market as well as leading government enterprises operating in all fundamental sectors of the Vietnam economy. Investment potential in such enterprises will emerge from the equitization of large state-owned enterprises over a period of three years, from 2007-2010. The industries include but not limited to: energy, mining, finance, banking, telecommunication, infrastructure, property, consumer products. Those companies are top 20 in the industries which they are operating and have minimum chartered capital of VND150 billion. This is a golden opportunity for investors to cash in on the last remaining opportunity for equitization. In addition, the fast-growing private sector is becoming more competitive along with the economy is booming like never before has created even more blue-chips investment potentials.

Fund information
Fund nameVietnam Blue-chips Investment Fund
Fund typeClosed-ended public fund
Abbreviation nameVF4 investment fund
Trading codeVFMVF4, listed at HoSE
Fund CharterVND8,000 billion
First capital mobilization VND806.46 billion
Par valueVND10,000/unit
Inception dateFeb 29, 2008
Fund term10 years
CustodianHongKong and Shanghai Bank Cooperation (HSBC)
AuditorKPMG
DividendBased on returns from investments. Suggested by VFM and approved by investors in the Annual General Meeting.
Fund fees- Management fee: 2%/NAV/year
- Annual custodian & deposit fee: 0.08%/NAV/year
- *Incentive fee

* detailed in Fund Charter
Fund Licenses
License of issuing fund unitsLicense no. 04/UBCK - GCN dated December 18th, 2007 by State Securities Commission
License of fund operationLicense no. 11/UBCK - GCN dated February, 2008 by State Securities Commission
License of listing fund unitsLicense no. 58/QD - SGDHCM dated June 3, 2008 by Ho Chi Minh Exchange

For more understanding of the Fund objective, fees, risks; the prospective unit holders & investors should read and understand the contents of the Fund's Charter; Prospectus and, if necessary, consults their adviser(s).
Past earnings on the fund's distribution record is not a guarantee or reflection of the funds' future earnings/future distribution.

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