DCDE – 10/2023
Closing out October, DCDE Fund witnessed an 11.8% dip in NAVPS, reflecting the broader market shifts. Despite this, the Fund has sustained a resilient 6.5% growth year-to-date, outpacing the VNIndex by an impressive 4.4%. Noteworthy is the recalibration of the portfolio, witnessing reductions in key sectors like Consumer, Retail, Real Estate, and Securities, impacting stocks including VCI, MWG, VCG, VHC.
Looking ahead, DCDE Fund is strategically realigning its holdings to amplify income. This involves shedding non-dividend-paying stocks and acquiring shares of companies with a proven track record of consistent dividends, especially those that have recently experienced substantial sell-offs. Prioritizing stable sectors known for their robust payouts, the Fund is eyeing opportunities in Banking, Securities, Retail, and Energy.
