October stock performance was impacted by a raft of negative factors including increasing US interest rates and slower world economic growth. Asia has been particularly impacted and notably Japan. Vietnamese indexes snapped eight successive sessions of declines between October 18th and October 29th. Fortunately, our reference portfolio has outperformed the indexes this month. Indeed, over the month, Hanoi index is down by 9.4% and Ho Chi Minh index is down by 10.1%. Our reference portfolio ended up the month with a limited loss of 6.0%. Anh Thomas returns over the long run are impressive. Since being launched, Anh Thomas portfolio overall return is +324.8%, greatly outperforming both Hanoi and Ho Chi Minh indexes (+52.7% and +129.8% respectively).