BVFED launches e-transaction services

The Bao Viet Fund launched an electronic transaction system for its equity dynamic open-ended fund (BVFED) on January 15 on the website www.bvfed.com.vn.

It is the first open-ended fund in Viet Nam that has launched e-transaction services to help investors do secured trading online.

The fund's investors can also track the net asset value (NAV) reports on the website.

BVFED is an open-ended fund set up by the Bao Viet Fund Management Company Ltd in 2013, with a capital of VND71.3 billion (US$3.34 million).

With 200 domestic and foreign investors, the fund bases its portfolios according to the VN30, a market-cap weighted index of the 30 largest companies based on market capitalisation, highest profit potential and largest liquidity listed on the HCM City Stock Exchange.

bizhub

>   Stock prices retreat on fears of Circular 36 (15/01/2015)

>   VRC: Reminded of late information disclosure (14/01/2015)

>   Shares rebound on both bourses (14/01/2015)

>   APC: Reminded of late information disclosure (13/01/2015)

>   Shares rebound in early trading (13/01/2015)

>   HCMC bourse plans new global index (12/01/2015)

>   VN-Index soars to 8-month high (10/01/2015)

>   MAX: HNX notice: MAX stock under temporary trading suspension (09/01/2015)

>   Stocks extend gains on investor optimism (09/01/2015)

>   VN-Index climbs on blue chips (09/01/2015)