HOME ABOUT US OUR FUNDS AFFILIATIONS VIETNAM CONTACT Investor login HomeDragon Capital FundsVietnam Growth Fund Limited ‹ Back to listing Vietnam Growth Fund Limited, VGF Dragon Capital’s dynamic second fund is closed-ended, Cayman Islands incorporated, and listed on the Irish Stock Exchange. Launched in 2004, the fund is one of the largest dedicated offshore listed vehicle invested in Vietnam. The Fund seeks long-term capital appreciation from Vietnam’s listed and pre-IPO equities as well as offshore listed securities which derive a significant portion of their earnings from Vietnam. Within a narrower, more liquid universe, investments are screened for strong growth, value, and good corporate governance. Performance is evaluated on a rolling two year basis versus the VN Index. Bid 16.75 Offer 17.25 Updated 04/09/2015 NAV 22.13 As at 31/08/2015 Performance(%) (as at 27 August 2015) Weekly YTD 1YR 2YR 5YR Share Price -4.66 -6.70 -15.12 3.26 47.46 NAV -2.89 -1.20 -12.33 7.37 64.07 Fund Information Structure Cayman registered closed-end fund Inception Date 31 October 2004 Issued Shares 12,184,035 Fund Size US$268.58m (as at 27 August 2015) Geographical Focus Vietnam Benchmark VN Index / MSCI EM Index / VN30 Index Listed Irish Stock Exchange Valuation Policy Fair value NAV Frequency Weekly (Thursday) / Monthly (Month-end) Base Currency US$ Annual Management Fee 2% of NAV (Monthly) Performance Fee 20% over 8% hurdle with high water mark Minimum Investment at New Issue US$100,000 Par Value per Share US$1.00 ISIN KYG9361F1037 SEDOL B01H2V4 CUSIP G9361F103 Bloomberg DGCP<GO> or VIETNGF KY <GO> Reuters DRAGON1 Directors of Fund Marc Faber, Mark Lockwood, Wong Heng Tew, Stanley Chou, Dominic Scriven Portfolio Manager Hoang Kien Administrator & Custodian Standard Chartered Bank Auditor KPMG Limited Legal Advisor (Cayman Islands) Maples and Calder Legal Advisor (UK & Vietnam) Freshfields Bruckhaus Deringer Company Secretary & Registrar Maples Secretaries (Cayman) Limited Restrictions at time of investment Foreign Ownership Limitation: - unlisted (or before listing/privatisation) 49% - listed 49% (except bank 30%) Borrowing: - Policy <=25%, Articles <=50% Investments into other funds: - <=10% Other Restrictions: - <=8% in single counterparty risk - <=8% in single security - <=10% in commodities - <=10% in real property - <=30% in single industry sector Want to contact us? We would be pleased to hear from you regarding any investment query. Talk to Client Group Want to contact us? We would be pleased to hear from you regarding any investment query. Talk to Client Group Funds & Performance Investing across a range of asset classes, our funds have performed well along with Vietnam. (Currency - US$) Bid Offer NAV VEIL 2.65 2.73 3.43 NAV as at 31/08/2015 VGF 16.75 17.25 22.13 NAV as at 31/08/2015 VEUF - - 1,245.58 NAV as at 27/08/2015 VDeF-B 1,633.59 1,633.59 1,633.59 NAV as at 31/07/2015 VPF 0.50 0.55 0.82 NAV as at 31/07/2015 Last updated 04 September 2015 Value-adding Long term, significant minority, change-oriented, pro-active, value-adding, professional, and creative Institutional Investors Group on Climate Change We are conscious of the effects we have on our environment. We closely monitor, address long-term risks and opportunities associated with climate change. Asian Corporate Governance Association We commit to excellence in financial management and business integrity, working together with our stakeholders to promote good corporate governance principles and practices. Top of page © Dragon CapitalLegal DisclaimerSitemap