The Prudential Balanced Fund (PRUBF1) initiated by UK fund Prudential Vietnam Fund Management Co (PVFMC) has obtained the securities regulator’s approval to list on the HCMC Securities Trading Center.
The fund plans to list 50 mio PRUBF1 units with a face value of 10,000 VND. The fund’s total assets value had jumped to 525 billion VND (33 mio US$) to date, from the initial 500 billion VND (31.2 mio US$).
Under the PRUBF1’s plan, it invested 35% of the money in stocks and 65% in debt papers.
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