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December 2017 stock performance


December has been another good month for the Vietnamese stock market. On the economic side, the Vietnamese Government announced that the country’s economy grew 6.8% in 2017. This is the highest economic growth recorded in 10 years. This growth has been driven in part by strong performances in industrial output and tourism. Industrial and construction output grew 8% on year to year basis while the service sector expanded 7.4%. Over the month, Ho Chi Minh index is up by 3.6% and Hanoi index is up by 1.9%. Our reference portfolio recorded a 3.3% monthly gain. Anh Thomas returns over the long run are impressive. Since being launched, Anh Thomas portfolio overall return is +353.7%, greatly outperforming both Hanoi and Ho Chi Minh indexes (+69.3% and +147.3% respectively).

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Disclaimer:

 

This website shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities, in any country or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such country or other jurisdiction. Please also note that the value of your investments can both rise and fall over time and that you should not assume that past performance will repeat itself. You may receive less than you originally invested. Anh Thomas Investment also declines any responsibility in respect of the tax treatment of your investments.

 

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