DR on DCVFMVN30 ETF (E1VFVN30) | 44.32 *
DR on DCVFMVN30 ETF (E1VFVN30) | 44.32 *
* Foreign stock markets of the underlying securities are closed.
The iNAV price of Depositary Receipt (DR), which has ETF as the underlying securities, is an estimated price reflecting the value of the DR. The calculation of iNAV is derived from the latest value of the underlying securities announced by the ETF issuer (which could be displayed later than the actual data around 15 minutes in some countries).
In practical, the market makers may not be able to place bid/ask price at the iNAV level due to the difference between the bid/ask spread of the underlying securities and iNAV calculated as abovementioned, the limited liquidity for trading or the occurrence of relevant transaction costs.
In addition, the iNAV and the bid/ask spread calculation by the market makers comply with the same principle as other ETFs listed on the Stock Exchange of Thailand.
1) iNAV is not the bid/ask price of DR, but it is an indicative net asset value (NAV) per unit during the day, which is calculated from the exchange rate between Thai Baht and trading foreign currency of the ETFs listed in foreign securities exchanges.
2) Bualuang Securities Public Company Limited (“Bualuang Securities”) does not guarantee that the bid/ask price of DR will align with iNAV. Such incident may arise when the numbers of DR held by Bualuang Securities are insufficient to provide liquidity or when the foreign securities exchange is closed or any other circumstances.
| iNAV (VN) | Exchange Rate VN/THB (THB) | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.001222 | 0.001224 | 0.001227 | 0.001229 | 0.001232 | 0.001234 | 0.001236 | 0.001239 | 0.001241 | 0.001244 | 0.001246 | |
| 32900 | 40.187 | 40.270 | 40.352 | 40.434 | 40.516 | 40.599 | 40.681 | 40.763 | 40.845 | 40.928 | 41.010 |
| 33100 | 40.432 | 40.514 | 40.597 | 40.680 | 40.763 | 40.845 | 40.928 | 41.011 | 41.094 | 41.176 | 41.259 |
| 33300 | 40.676 | 40.759 | 40.842 | 40.926 | 41.009 | 41.092 | 41.175 | 41.259 | 41.342 | 41.425 | 41.508 |
| 33500 | 40.920 | 41.004 | 41.088 | 41.172 | 41.255 | 41.339 | 41.423 | 41.506 | 41.590 | 41.674 | 41.758 |
| 33700 | 41.165 | 41.249 | 41.333 | 41.417 | 41.502 | 41.586 | 41.670 | 41.754 | 41.839 | 41.923 | 42.007 |
| 33900 | 41.409 | 41.494 | 41.578 | 41.663 | 41.748 | 41.833 | 41.917 | 42.002 | 42.087 | 42.172 | 42.256 |
| 34100 | 41.653 | 41.738 | 41.824 | 41.909 | 41.994 | 42.079 | 42.165 | 42.250 | 42.335 | 42.420 | 42.506 |
| 34300 | 41.897 | 41.983 | 42.069 | 42.155 | 42.240 | 42.326 | 42.412 | 42.498 | 42.583 | 42.669 | 42.755 |
| 34500 | 42.142 | 42.228 | 42.314 | 42.401 | 42.487 | 42.573 | 42.659 | 42.745 | 42.832 | 42.918 | 43.004 |
| 34700 | 42.386 | 42.473 | 42.560 | 42.646 | 42.733 | 42.820 | 42.907 | 42.993 | 43.080 | 43.167 | 43.254 |
| 34900 | 42.630 | 42.718 | 42.805 | 42.892 | 42.979 | 43.067 | 43.154 | 43.241 | 43.328 | 43.416 | 43.503 |
| 35100 | 42.875 | 42.962 | 43.050 | 43.138 | 43.226 | 43.313 | 43.401 | 43.489 | 43.577 | 43.664 | 43.752 |
| 35300 | 43.119 | 43.207 | 43.295 | 43.384 | 43.472 | 43.560 | 43.648 | 43.737 | 43.825 | 43.913 | 44.001 |
| 35500 | 43.363 | 43.452 | 43.541 | 43.630 | 43.718 | 43.807 | 43.896 | 43.984 | 44.073 | 44.162 | 44.251 |
| 35700 | 43.608 | 43.697 | 43.786 | 43.875 | 43.965 | 44.054 | 44.143 | 44.232 | 44.322 | 44.411 | 44.500 |
| 35900 | 43.852 | 43.942 | 44.031 | 44.121 | 44.211 | 44.301 | 44.390 | 44.480 | 44.570 | 44.660 | 44.749 |
| 36100 | 44.096 | 44.186 | 44.277 | 44.367 | 44.457 | 44.547 | 44.638 | 44.728 | 44.818 | 44.908 | 44.999 |
| 36300 | 44.340 | 44.431 | 44.522 | 44.613 | 44.703 | 44.794 | 44.885 | 44.976 | 45.066 | 45.157 | 45.248 |
| 36500 | 44.585 | 44.676 | 44.767 | 44.859 | 44.950 | 45.041 | 45.132 | 45.223 | 45.315 | 45.406 | 45.497 |
| 36700 | 44.829 | 44.921 | 45.013 | 45.104 | 45.196 | 45.288 | 45.380 | 45.471 | 45.563 | 45.655 | 45.747 |
| 36900 | 45.073 | 45.166 | 45.258 | 45.350 | 45.442 | 45.535 | 45.627 | 45.719 | 45.811 | 45.904 | 45.996 |
| 37100 | 45.318 | 45.410 | 45.503 | 45.596 | 45.689 | 45.781 | 45.874 | 45.967 | 46.060 | 46.152 | 46.245 |
| 37300 | 45.562 | 45.655 | 45.748 | 45.842 | 45.935 | 46.028 | 46.121 | 46.215 | 46.308 | 46.401 | 46.494 |
| 37500 | 45.806 | 45.900 | 45.994 | 46.088 | 46.181 | 46.275 | 46.369 | 46.462 | 46.556 | 46.650 | 46.744 |
| 37700 | 46.051 | 46.145 | 46.239 | 46.333 | 46.428 | 46.522 | 46.616 | 46.710 | 46.805 | 46.899 | 46.993 |
| 37900 | 46.295 | 46.390 | 46.484 | 46.579 | 46.674 | 46.769 | 46.863 | 46.958 | 47.053 | 47.148 | 47.242 |
| 38100 | 46.539 | 46.634 | 46.730 | 46.825 | 46.920 | 47.015 | 47.111 | 47.206 | 47.301 | 47.396 | 47.492 |
| 38300 | 46.783 | 46.879 | 46.975 | 47.071 | 47.166 | 47.262 | 47.358 | 47.454 | 47.549 | 47.645 | 47.741 |
| 38500 | 47.028 | 47.124 | 47.220 | 47.317 | 47.413 | 47.509 | 47.605 | 47.701 | 47.798 | 47.894 | 47.990 |
| 38700 | 47.272 | 47.369 | 47.466 | 47.562 | 47.659 | 47.756 | 47.853 | 47.949 | 48.046 | 48.143 | 48.240 |
| 38900 | 47.516 | 47.614 | 47.711 | 47.808 | 47.905 | 48.003 | 48.100 | 48.197 | 48.294 | 48.392 | 48.489 |
E1VFVN3001 is a depositary receipt which has DCVFMVN30 ETF as the underlying security. DCVFMVN30 ETF is tracking VN 30 index which composes of the first 30 largest Vietnam stocks (Similar to SET50 index). The ETF is managed by Dragon Capital VietFund Management Company who is experienced in asset management field in Vietnam.
The VN 30 index is often used to represent Vietnamese stocks as the market capitalization of the shares in the index represents more than 70% of the Ho Chi Minh Stock Exchange. In addition, Vietnam is a country with high growth potential, supported by many factors such as high number of populations (about 100 millions) and more than half of them are working age. The government focuses on supporting infrastructure development to support the country′s expansion and also enhanced trade relations with leading countries in the world, such as the United States and Japan, resulting in huge amounts of foreign investment into the country.
Opportunity to diversify into top 30 Vietnamese stocks
The VN 30 index consists of 30 stocks, with many criteria used to select stocks in the index such as market capitalization adjusted by free float ratio, liquidity, etc. Examples of interesting stock in the VN 30 index are FPT – the leading technology company in Vietnam that provides services in the field of information technology. VIC - the largest holding company in Vietnam with a wide range of businesses such as shopping malls, real estate, hotels and Electric car. VCB - Vietnam′s largest commercial bank in terms of market capital and profitability, etc.
Please be informed that during Vietnam Stock Exchange’s closing period, DR E1VFVN3001 may have less liquidity than when Vietnam and Thai Stock Exchange open at the same time.
