What to expect from Fubon FTSE ETF capital flow of more than 8,000 billion, focusing on HoSE shares?

Fubon FTSE Vietnam ETF raised VND 4,279 billion since it was approved to raise capital on March 24. The ETF aims to expand its scale to more than VND 8,000 billion within 6 months from its listing.

According to the newly released news of VNDirect, this securities company expects this new ETF will start buying component shares within the next 2 weeks before being listed on the Taiwan Stock Exchange on April 19. . VNDirect estimated that the stocks with the largest proportion were VIC (3.9 million units), HPG (8.9 million units) and VHM (4.1 million units). Stocks that need the longest number of trading days are VCG (7.4 days), SAB (5.3 days) and MSN (4.5 days).

What to expect from Fubon FTSE ETF capital flow of more than 8,000 billion, focusing on HoSE shares?

Fubon FTSE Vietnam is currently the 6th largest ETF in Vietnam (as of March 2021)

Fubon FTSE Vietnam is the first ETF to raise money from Taiwan (China) to invest in Vietnamese stocks, based on the FTSE Vietnam 30 Index.

FTSE Vietnam 30 Index includes shares of 30 companies with the largest market capitalization in the whole market, is in the FTSE Frontier Vietnam Index and traded on the HoSE.

Previously, Fubon FTSE Vietnam ETF assessed that good disease control, positive foreign investment attraction as well as the reform efforts of the Government of Vietnam will help capital flows continue to pour into the stock market.

“Vietnam is now like Taiwan in the 1980s. You couldn’t invest in Taiwan 40 years ago, but you can make a profit through Vietnam’s economic reforms through investments. Fubon Vietnam ETF “, said Yang Yining, Investment Director of Fubon Vietnam ETF.

Source: bizlive.vn – Translated by fintel.vn

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