New fact sheets equity funds
The month of June brought a 10.3% performance for investors in the TCM Vietnam High Dividend Fund, outperforming the benchmark ETF by 1.7%. Strong corporate earnings caused a strong momentum on the three Vietnamese exchanges.
During the second quarter Vietnam’s GDP growth amounted to 6.6%, despite the fact that a new wave of Covid-19 started in May. The GDP growth figures over the first half of 2021 were broadly in line with expectations. Because of new outbreaks and the slow start of the vaccination process the second half of the year might show some lower growth.
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