Monday, June 24, 2013
VF1: extraordinary shareholders' meeting to discuss transfer funds open
extraordinary shareholders of the Fund Vietnam Securities Investment Fund (VF1) took place on 27/6 will meet to discuss plans to switch from closed-end fund open-end funds.
According to the extraordinary shareholders' meeting, VF1 maintained as open funds target investment allocation of 20% of the Fund's net assets in debt securities and money; approximately 80% in equity securities, preferred equity investments shares of large-cap companies and high growth potential. However, this rate may vary + / -10% of net asset value, in order to seize opportunities or mitigate risks to the portfolio.
Expected bank supervision, deposit new Standard Chartered Bank and the Securities Depository (VSD).
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