Vietnam Property Holding
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Structure |
Cayman Islands registered closed-end fund |
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Fund Launch |
November 2007 |
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Duration |
5 years (subject to shareholder vote for extension) |
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Fiscal Year End |
31 December |
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Listed |
Frankfurt Stock Exchange (FSE) and Xetra |
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NAV Frequency |
Monthly |
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Management Fee |
2% of NAV |
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Performance Fee |
20% of gains over 8% hurdle with a high water mark |
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Investment Manager |
Saigon Asset Management (SAM) |
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Auditor |
Grant Thornton |
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Legal Counsel |
Reed Smith LLP / Appleby |
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Administrator Custodian |
Deutsche Bank (Cayman) Ltd |
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Clearing/Settlement |
Euroclear/Clearstream |
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Market Makers |
886 AG |
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LCF Rothschild |
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Bloomberg |
3MT:GR |
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Reuters |
3MT.DE |
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ISIN |
KYG9361R1074 |
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German Securities Code |
A0M12W |
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About Vietnam Property Holding (VPH)
Vietnam Property Holding (VPH) is a closed-end fund listed on the Frankfurt Stock Exchange and Xetra. The objective of VPH is to maximize capital appreciation by making investments in real estate projects and companies in Vietnam. The Fund was ranked as the No. 1 performing Vietnam-focused property fund in 2009 by LCF Rothschild. VPH had an initial net asset value of approximately US$50 million.
Investment Objectives and Policies
We plan to maximize capital gains by investing in a diversified portfolio of attractively valued property projects and listed real estate companies, picking up on strong new trends in urban and resort development in Vietnam.
Differentiations
- Top Vietnam-focused property fund in 2009 (LCF Rothschild).
- Strong local partnerships with local decision makers help VPH identify co-investment opportunities, enhance resources, foster due diligence, and offer compliance with regulatory issues.
- Active engagement with portfolio companies management teams for value creation and enhancement.
- One of the few funds in Vietnam with a majority of independent investment committee members.
Investment Managers
- Louis Nguyen, CEO
- Henrik (Hien) Vu, Managing Director, Real Estate Investment
- Tuan Nguyen, Deputy Director, Real Estate Investment
Download current VPH fact sheet
For more details and the latest updates, please set up a meeting or conference call with our investment managers via email at This e-mail address is being protected from spam bots, you need JavaScript enabled to view it



