VinaCapital Vietnam Opportunity Fund NAV falls 2.3% in first half

Fri, 27th Mar 2020

VinaCapital Vietnam Opportunity Fund posted a negative performance in the first half that undershot its benchmark. The company's net asset value total return per share for the six months through December fell 2.3%. The Vietnamese index rose by 1.7% over the same time period. VinaCapital Vietnam said the Vietnamese economy had been performing very strongly until the arrival of the Covid-19 pandemic. 'Although the underlying fundamentals of the economy are excellent, the impact of the virus in the short and medium term render any forecasting moot, both regionally and globally,' it said. Story provided by StockMarketWire.com

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