VNHAM has acted as an investment advisor for the Lumen Vietnam Fund since 2013.
The Lumen Vietnam Fund is a UCITS compliant Vietnam equity fund domiciled in Liechtenstein.
Asset Manager:
Vogt Asset Management AG (VAM), Balzers, Liechtenstein.
Fund Administrator:
IFM Independent Fund Management AG.
Investment policy:
The investment objective of the Lumen Vietnam Fund is primarily to achieve a long-term above average capital gain. The Lumen Vietnam Fund invests in equity securities and rights (shares, shares with warrants, etc.) of companies which have their registered office or the predominant part of their economic activities in Vietnam or which, as holding companies, predominantly hold participations in companies with their registered office in Vietnam and which are traded on a stock exchange.
The investment strategy aims, among other things, to ensure a high compatibility with sustainable economic growth in order to achieve the financial objectives of long-term capital gain. Companies that contribute to sustainable economic growth are characterized by good corporate governance, a sustainable product portfolio and efficient use of resources. In the traditional analysis, the asset manager considers environmental, social, and governance (ESG) criteria in its investment decision to assess sustainability risks and opportunities.
Key fund information
Fact sheets, Mid-November 2021.
Monthly comments, October 2021.
Fund Insight
Fund performance since inception (%)
(as at 15.11.2021)
Historic performance, per calendar year in %
(as at 15.11.2021)
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | YTD |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 2.82 | 9.53 | 0.42 | 2.03 | 7.45 | 6.86 | (1.00) | 4.70 | 2.26 | 8.09 | 2.14 | 55.02 | |
| 2020 | (5.49) | (2.40) | (30.54) | 24.68 | 10.71 | (0.74) | (4.50) | 16.00 | 5.30 | 1.65 | 10.54 | 9.47 | 25.95 |
| 2019 | 0.20 | 3.07 | 0.73 | 0.87 | (1.74) | 1.34 | 2.10 | 3.11 | 2.18 | (0.86) | (4.50) | (0.95) | 5.42 |
| 2018 | 7.64 | (0.87) | 3.32 | (7.75) | (8.07) | (1.04) | (1.16) | 3.45 | 4.89 | (10.16) | (2.26) | (1.28) | (13.99) |
| 2017 | 0.94 | 0.49 | 4.17 | (0.18) | 4.48 | 8.27 | (3.69) | (2.98) | 2.25 | (1.37) | 7.62 | 5.31 | 27.46 |
| 2016 | (2.91) | 4.26 | 2.98 | 1.87 | 1.41 | 7.89 | 1.48 | 4.47 | 3.46 | (4.77) | (3.60) | (1.03) | 15.78 |
| 2015 | (0.53) | 0.60 | (3.39) | 1.98 | (1.23) | 0.99 | 4.95 | (8.68) | 1.57 | 5.52 | (0.73) | (0.04) | 0.22 |
| 2014 | 8.50 | 8.64 | 0.41 | (2.96) | (2.51) | 1.17 | 4.53 | 5.91 | 1.57 | 0.16 | (3.85) | (1.56) | 20.75 |
| 2013 | 7.91 | 8.27 | (4.34) | (0.71) | 4.57 | (2.52) | 0.21 | (3.10) | 4.47 | 1.27 | 2.02 | 1.00 | 19.74 |
| 2012 | (1.77) | 5.87 | (4.97) | (1.36) | (2.22) | (5.42) | 0.79 | 0.35 | (2.19) | 7.34 | (4.26) |
Want to contact us?
We would be pleased to hear from you regarding any investment query.