Dragon Capital Vietfund Management (DCVFM) | Fund Factsheet

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Equity fund

Equity fund invests in stocks. There are different types of equity funds such as growth stocks (which don’t usually pay dividends), income funds (which hold stocks that pay large dividends), value stocks, large-cap stocks, mid-cap stocks, small-cap stocks, or combinations of these.

Fixed income fund

Fixed income fund focuses on the source of investment that brings about fixed rate of return like government bonds, and high-yield corporate bonds. They aim to have money coming into the fund on a regular basis, mostly through interest that the fund earns. High-yield corporate bond funds are generally riskier than funds that hold government.

Balanced fund

The portfolio of a balanced fund comprises of a mix of equities and fixed income securities. This type of fund split the money into different investments to balance between risk and return. It tend to have more risk than fixed income funds, but less risk than pure equity funds. Based on the market condition that the fund may choose to be aggressive or conservative by increasing their holding of bond / stocks to make use of the chance.

Money market fund

This fund invest in short-term fixed income securities such as government bonds, treasury bills, bankers’ acceptances, commercial paper and certificates of deposit. They are generally a safe with lower potential return than the other types of mutual funds.

Exchange traded fund

This fund tracks an index or a basket of stocks like an index fund, but trades like a stock on an exchange. The Creation Units are listed and traded on stock exchange (HOSE). Because it is traded like a stock, ETF doesn’t have NAV like other funds. Investors gain from trading ETF at different prices.

Specialty fund

This type of fund focuses on specific industry such as health or real estate. Due to the specialty of investment, this fund may bring higher return but is also more sensitive with volatility than other mutual funds.

Pension Fund

A pension fund is a fund established by an employer to facilitate and organize the investment of employees’ retirement funds contributed by the employer and employees. The pension fund is a common asset pool meant to generate stable growth over the long term, and provide pensions for employees when they reach the end of their working years and commence retirement.