Global X MSCI Vietnam ETF (VNAM)
ARCA ARCA Primary Summary
VNAM Chart
Vietnam On The Rise: Tailwinds Continue
Vietnam has rapidly closed the gap with EM ASEAN peers, surpassing the Philippines in GDP per capita and equity market capitalisation, and moving closer to Indonesia. Vietnam's economic transformation has been driven largely by manufacturing and its growing role in the global tech supply chain.
Global X MSCI Vietnam ETF Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
 Christopher C. Powers Farther Finance Advisors, LLC | 1,170 | $29,426 | $28,174.07 | -$1,251.93 | -4.25% |
 Matthew Cochran Atlantic Edge Private Wealth Management, LLC | 70 | $1,594 | $1,694.7 | $100.7 | 6.32% |
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Global X MSCI Vietnam ETF Profile
| ARCA Exchange | US Country |
Overview
The company specializes in investment services, focusing primarily on allocating a significant portion of its assets into securities linked to the Vietnam market. This strategic investment is spread across a wide range of financial instruments, including securities that make up the underlying index, which are predominantly valued in the local currency. To broaden its investment horizon and cater to international investors, the company also invests in American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs), which are based on the securities within the underlying index. This underlying index is meticulously designed to embody the performance of a broad spectrum of the Vietnamese equity market, ensuring a representation with a minimum but sufficient number of constituents. Although the fund leans towards a concentrated investment strategy by focusing on Vietnam, it is marked by its non-diversified status, implying a targeted investment approach rather than spreading its risk across myriad markets or sectors.
Products and Services
- Securities Investment
The core of the company's offerings involves investing in the securities that form part of the underlying index, primarily denominated in the local Vietnamese currency. This service is tailored for investors looking to gain exposure to the Vietnam equity market through a meticulously selected index representing a broad market spectrum.
- American Depositary Receipts (ADRs) Investment
In addition to local securities, the company provides investment opportunities in ADRs, which are U.S. bank-issued certificates representing shares in foreign stocks. This service is designed for investors wishing to invest in the Vietnamese market through securities that are traded on U.S. stock exchanges, combining the potential of Vietnamese equities with the convenience of U.S. market access.
- Global Depositary Receipts (GDRs) Investment
Expanding its global reach, the company also invests in GDRs, which are similar to ADRs but are typically offered for sale worldwide through various banks. These instruments allow investors to diversify their portfolio by including Vietnamese securities that are traded on international markets, providing a broader access to global investors.
