Vietnam Property Holding - Saigon Asset Management

Vietnam Property Holding

Structure

Cayman Islands registered closed-end fund

Fund Launch 

November 2007

Duration

5 years (subject to shareholder vote for extension)

Fiscal Year End

31 December

Listed

Frankfurt Stock Exchange (FSE) and Xetra

NAV Frequency 

Monthly 

Management Fee 

2% of NAV

Performance Fee

20% of gains over 8% hurdle with a high water mark

Investment Manager

Saigon Asset Management (SAM)

Auditor

Grant Thornton

Legal Counsel

Reed Smith LLP / Appleby

Administrator Custodian

Deutsche Bank (Cayman) Ltd
Deutsche Bank AG, Ho Chi Minh City Branch

Clearing/Settlement

Euroclear/Clearstream

Market Makers

 886 AG
+49 6101 98861 18
 www.886ag.de

 LCF Rothschild
+44 207 845 5900
 www.lcfr.co.uk

Bloomberg

3MT:GR

Reuters

3MT.DE

ISIN

KYG9361R1074

German Securities Code

A0M12W

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