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IN BRIEF: Vietnam Enterprise Reduces Investment Manager Fee

23rd Feb 2021 14:45

Vietnam Enterprise Investments Ltd - closed-end fund focused on investing in Vietnamese equities - Reduces fees payable to investment manager. From July 1, the fee will be 1.9% of net asset value per annum for the first USD1.25 billion of the company's NAV, reducing to 1.7% per annum for NAV between USD1.25 billion and USD1.5 billion and to 1.5% per annum for NAV above USD1.5 billion.

Current stock price: 598.00 pence

Year-to-date change: up 9.7%

By Ife Taiwo; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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Vietnam Enterprise Investments
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