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Stock Performance June 2019


June has been a disappointing month for the Vietnamese stock markets. The markets have been waiting to see if the Vietnam-EU Trade Agreement would go through. On July the first, it was announced that the trade agreement had been signed. It is expected to have a positive effect on the Vietnamese stock market through a group of beneficiary shares such as textiles, fisheries, timber and seaport exports. European countries are also eager to tap into Vietnam's market. Over the month, both Hanoi index and Ho Chi Minh index recorded moderate losses. Hanoi index is down by 0.8% and Ho Chi Minh index is down by 1.2%. Our reference portfolio is down by 0.5%. Anh Thomas returns over the long run are impressive. Since being launched, Anh Thomas portfolio overall return is +328.8% greatly outperforming both Hanoi and Ho Chi Minh indexes (+50.0% and +138.3 respectively).


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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