Investing in Vietnam
FAQ's
Does Intereffekt Frontier Vietnam invest in warrants like Intereffekt Japanese, China and India Warrants? No, Intereffekt Fontier Vietnam wil be an equity only fund. There will be no leverage.
Will Intereffekt Frontier Vietnam invest in equities listed outside Vietnam, that are in one way or another linked to Vietnam? We will in principle invest in equities that are listed on the Vietnamese Exchange. If there are interesting equities and/or mutual funds trading outside Vietnam that have a strong link with it, then the fund will be able to invest in them.
What is the fund’s maturity? The shares are issued by the fund indefinitely. There will be no fixed end-date.
Costs/Fees
What fees does the management company charge? The management fee is 2% p.a., plus a performance fee of 10% p.a., with a 10% hurdle (this means: if the performance during a fiscal year surpasses the 10%, then beyond that 10% the performance fee kicks in). In the 2009 budget the total expected costs (excluding performance fee) are 3.38%.
Other Questions
What is the minimum investment? The minimum investment is one share.
How can I follow the performance of the fund? It is possible to follow the performance of the fund trough internet (see prices).
Is the fund continuously trading throughout the day, like the warrant funds?
No, Intereffekt Frontier Vietnam is an equity fund and therefore is priced once a day, on the basis of share buy/sell orders the previous day (see purchase).