Dragon Capital launches Vietnam Ucits fund

DragonDragon Capital, a fund management firm based in Vietnam, has launched an Ireland-domiciled Ucits fund to invest in Vietnamese companies listed on the Ho Chi Minh Stock Exchange. In addition, the Vietnam Equity Ucits fund, can invest in companies listed elsewhere as long as they have a significant exposure to the country. A small portion of its portfolio can also be held in Vietnamese sovereign or corporate bonds. Dragon Capital focuses on private bank clients and wealth managers. The fund will have a minimum investment of $25,000 (€18,502) and the annual management charge is 2%. ©2013 funds europe

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