VNH Vietnam Holding Limited

TIDMVNH TIDMVNHW

RNS Number : 9938F

VietNam Holding Limited

23 May 2017

VietNam Holding Limited ("VNH" or the "Company")

Monthly Investor Report

A report detailing the activities of the Company for the month of April 2017 has been issued by VietNam Holding Asset Management Limited, the investment manager of the Company. Electronic copies of the report have been made available to shareholders on the Company's website at http://www.vietnamholding.com/publications/investor-reports and a summary of the report is included below.

Investor Report Summary

The first "down" month of the year is to be welcomed, in that it was a very modest down - of under half a percent off the Vietnam All Share (total return) Index to 724.7 - and also in that healthy bull markets need regular pauses in order not to stir up trouble down the road. Now that VNAS total return data are available, we will in future refer to these as our chief comparator - total return figures provide a stiffer bar to beat, but are the correct one, since VNH reinvests dividends rather than pays them out. With the index up 18% in local terms (16% in dollars) over the past 12 months, and 11% thus far in 2017 (same in dollars), Vietnam's bull market has been reliably chugging on. VNH's NAV per share rose 0.4% in the month of April to USD 2.827, making the 12-month and 2017-to-date appreciation 20.6% and 6.7% respectively.

For more information please contact:

 
VietNam Holding Asset Management Limited 
Investor Relations 
 Jay Vontobel 
 investorrelations@vnham.com 
 www.vietnamholding.com 
 
Smith & Williamson Corporate Finance      Tel: +44 20 7131 4000 
 Limited Nominated Adviser 
Azhic Basirov / Ben Jeynes 
 
Winterflood Investment Trusts             Tel: +44 20 3100 0000 
 Broker 
Joe Winkley / Neil Langford 
 
Buchanan Communications                   Tel: +44 20 7466 5000 
 Financial Public Relations 
Charles Ryland / Vicky Hayns 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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May 23, 2017 09:23 ET (13:23 GMT)

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