Vietnamese stocks performance February 2021
February has been another amazing month for the Vietnamese stock markets and consequently for our clients. No one can deny that Vietnam has been one of the most exciting market over the past twelve months. The Vietnamese economy is benefitting among other things from increased exports in 2020. Overall, the country did much better than its competitors. The near-term outlook looks very promising with at least 7% GDP growth rate expected in 2021. Over the month, Ho Chi Minh index is up by 10.6% and Hanoi index is up by 16.3%. Our reference portfolio is up by 10.3% this month. Anh Thomas returns over the long run are quite impressive. Since being launched, Anh Thomas portfolio overall return is +538.6% greatly outperforming both Hanoi and Ho Chi Minh indexes (+261.1% and +193.6% respectively).
We measure only the performance of the money that was invested. We factor in any cash received in the form of dividends from stocks purchased and any realized cash that was held resultant of the sale of a stock. We do not however factor in sums received for investment that did not enter the investment cycle. Please remember that past performance is no guarantee of future results.