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Added to YB: 2026-02-18

Pitch date: 2026-02-13

VOF.L [neutral]

VinaCapital Vietnam Opportunity Fund Limited

+3.26%

current return

Author Info

Wexboy writes a blog about value investing, mostly in UK, Irish and US listed stocks. Sign up for the newsletter.

Company Info

VinaCapital Vietnam Opportunity Fund Limited specializes in growth equity investments. The fund seeks to invest 80 percent of its portfolio in private equity and 20 percent in equitization projects will be re-allocated to listed shares.

Market Cap

GBP 801.2M

Pitch Price

GBP 4.60

Price Target

N/A

Dividend

2.27%

EV/EBITDA

N/A

P/E

-19.26

EV/Sales

5.74

Sector

Capital Markets

Category

growth

Show full summary:
Wexboy 2025 Annual Review…Clawing My Way Back In Black - VinaCapital Vietnam Opportunity Fund

VOF.L (holding update): Flat 2025 (+2.4% div) despite VN Index +30% rally. NAV discount 21%, down from 23%. Portfolio under-performed due to mix (86% equities, 11% PE, 80% from private origins vs index Vingroup/Gelex winners). New PM Khanh Vu post-Andy Ho. 10%+ buyback. Vietnam bullish: 7% GDP, 13 P/E vs 18% earnings growth, FTSE EM upgrade Sept. Trust but verify.

Read full article (3 min)