NAV of four listed funds continue falling

VNStockNews.com - The investment funds listed on Ho Chi Minh Stock Exchange (HOSE) yesterday announced changes in weekly Net Asset Value (NAV).

Accordingly, the second week of December from 3 to 10, NAV of all four funds declined compared with the previous week.

In details, NAV of 100 million VFMVF1 fund certificates of VF1 Vietnam Securities Investment Fund on the southern bourse dropped by 219.5 billion dong. Therefore, till December 10, total NAV of VF1 was posted at nearly 2.337 trillion dong. NAV of each VFMVF1 lost 2,196 dong in value to 23,366 dong.

Similarly, over 80.6 million VFMVF4 units of VF4, a leading enterprise investment fund in Vietnam, lost over 135 billion dong in value to 869.8 billion dong. NAV of each VFMVF4 certificate was 10,785 dong.

Prudential Balanced Fund BF1 (with the fund certificate of PRUBF1) in the period saw a reduction of 12.5 billion dong in NAV to 439.4 billion dong. NAV of each PRUBF1 was down to 8,788 dong.

Lastly, NAV of Manulife Progressive Fund (MAPF1) slumped more than 10.5 billion dong between December 3 and 10 to 134.4 billion dong. Ending the week, the NAV of each MAFPF1 declined 490 dong from the previous report week to 6,278 dong/unit.