DCIP_Monthly Update_Aug 2023
12/09/2023
As of 31 August 2023, the net asset value of DCIP Fund units (NAV/Unit) was VND 10,410.19 VND/ unit, increased by 0.68% compared to end of July 2023 and 4.62% Ytd. For August 2023 , DCIP outperformed its internal reference index (the average 3months deposit rates of the 4 biggest banks, at competitive level of 3.8%pa.) which increased 0.32%.
The fund has curently re-structured the portfolio by raising its liquidity portion and lowering the corporate bond, especially 40% in bank deposit & CDs; 60% in short-term corporate bonds in August. The portfolio duration has approaching 1.02 year in average. With the current interest rate and bond market, the fund expects to maintain at high level in return in coming months.
