New fact sheets equity funds
Published on september 12, 2019
The TCM Vietnam High Dividend fund (+1%) outperformed the Vietnamese benchmarks by a small margin this month. The VN-Index as a gauge for the Vietnamese stock market ended 0.4% lower in August, after peaking in late July. Measured in euro the market was up 0.89% due to a stronger Dong.
Four names accounted for almost the whole (negative) index performance: Vietcombank (-4%), PetroVietnam GAS (-6%), Masan Group (-6%) and Vincom Retail (-7%). Most of the other index heavy weights stayed unchanged this month.
More news about Vietnam, Africa and the Global Frontier fund can be found in the latest fact sheets of the equity funds:
TCM Global Frontier High Dividend Equity
TCM Vietnam High Dividend Equity
TCM Africa High Dividend Equity
