VNAM


MSCI Vietnam ETF

Reasons to Consider VNAM

Long-Term Growth Potential

Vietnam’s GDP grew at a rate exceeding 7% in both 2018 and 2019. Though interrupted by the pandemic, it is expected to resume annual rates of more than 6% growth in 2022-2025.1

Targeted Exposure

The Fund targets exposure to a single country.

Efficient Access

Efficient access to a broad basket of Vietnamese securities.

1Statista, Oct 2021

Key Information As of 09/29/22

Inception Date 12/07/21
Total Expense Ratio 0.50%
Net Assets $4.68 million
NAV $17.32
Fact Sheet

ETF Summary

The Global X MSCI Vietnam ETF (VNAM) invests across the large, mid, and small cap segments of the Vietnam market.

ETF Objective

The Global X MSCI Vietnam ETF (VNAM) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI Vietnam IMI Select 25/50 Index.

Trading Details As of 09/29/22

Ticker VNAM
Bloomberg Index Ticker MXVNAMN
CUSIP 37960A883
ISIN US37960A8835
Primary Exchange NYSE Arca
Shares Outstanding 270,000
Number of Holdings 66
30-Day Median Bid-Ask Spread 0.68%

Distributions As of 09/29/22

30-Day SEC Yield 1.66%
Distribution Frequency Semi-Annually

ETF Prices As of 09/29/22

NAV $17.32 Daily Change -$0.26 -1.50%
Market Price $17.26 Daily Change -$0.69 -3.85%

Performance History

As of recent
(06/30/22)
Fund NAV Market Price Index
Year-to-Date -28.43% -28.81% -28.22%
1 Month -8.84% -9.50% -8.80%
3 Months -24.32% -23.57% -24.22%
Since Inception -25.35% -25.85% -25.11%
Year-to-Date -24.83% -24.23% -24.54%
1 Month 5.09% 5.44% 5.12%
3 Months -4.25% -3.68% -4.13%
Since Inception -21.59% -21.08% -21.28%

Performance is shown on a total return basis (i.e., with gross income reinvested, where applicable). Cumulative return is the aggregate amount that an investment has gained or lost over time. Annualized return is the average return gained or lost by an investment each year over a given time period.

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. High short-term performance, when observed, is unusual and investors should not expect such performance to be repeated.

Top Holdings As of 09/29/22

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
8.19 HPG VN HOA PHAT GROUP JSC B29CC15 0.91 420,340 383,011.83
7.36 NVL VN NO VA LAND INVES BYZCMP7 3.57 96,391 344,021.75
7.34 VHM VN VINHOMES JSC BFZBXH0 2.14 160,600 343,370.37
7.29 MSN VN MASAN GROUP CORP B59R0P1 4.21 81,020 340,993.27
6.91 VIC VN VINGROUP JSC B27Y417 2.30 140,600 323,095.96
6.31 VNM VN VIET NAM DAIRY P B16GLK5 3.06 96,400 294,961.28
4.72 VCB VN BANK FOR FOREIGN B622TR5 3.11 70,875 220,738.64
3.35 VRE VN VINCOM RETAIL JSC BZ0WW59 1.14 137,000 156,835.02
2.88 SSI VN SSI SECURITIES CORP B1LB8G0 0.81 165,650 134,555.77
2.79 VJC VN VIETJET AVIATION JSC BYP2451 4.63 28,200 130,674.24
2.20 PDR VN PHAT DAT REAL ES B4V9BD3 2.14 48,189 103,030.35
1.90 VND VN VNDIRECT SECURITIES CORP B4XXQS3 0.73 121,540 89,006.57
1.81 STB VN SACOMBANK B19HJ45 0.83 102,000 84,570.71
1.60 SAB VN SAIGON BEER ALCO BDSFBV5 7.69 9,700 74,627.95
1.57 DGC VN DUC GIANG CHEMICALS JSC BP0RTK8 3.06 24,080 73,577.78
1.49 KDC VN KIDO GROUP CORP B16GKS6 2.65 26,300 69,624.16
1.41 KDH VN KHANG DIEN HOUSE B3M16J2 1.22 54,260 66,112.25
1.37 VHC VN VINH HOAN CORP B2N7VQ4 3.37 19,000 63,973.06
1.29 KBC VN KINH BAC CITY DE B2B3VJ7 1.16 51,900 60,178.66
1.26 GEX VN GELEX GROUP JSC BYV0WY4 0.77 77,100 59,058.08
1.26 VPI VN VAN PHU - INVEST BF2RZ53 2.52 23,320 58,790.74
1.23 BID VN BANK FOR INVESTM BJ4WY68 1.41 40,876 57,632.41
1.20 DPM VN PETROVIETNAM FER B291F68 1.90 29,500 55,933.29
1.18 GAS VN PETROVIETNAM GAS B83C9P6 4.42 12,500 55,239.90
1.10 THD VN THAIHOLDINGS JSC BMWT718 1.89 27,200 51,515.15
1.08 SHB VN SHB BANK B3V86Y9 0.52 97,100 50,675.08
1.08 POW VN PETROVIETNAM POWER CORP BFX2T66 0.53 95,300 50,337.33
1.05 CTG VN VIETNAM JS COMM B3PL622 0.95 51,500 48,985.69
1.02 PVS VN PETROVIETNAM TEC B2QMMQ3 0.95 50,200 47,537.88
1.01 PVD VN PETROVIETNAM DRI B1HMTK8 0.79 59,752 47,278.52
0.98 VCI VN VIET CAPITAL SEC BYVTMH4 1.21 37,840 45,866.67
0.90 SBT VN THANH THANH CONG B2PXTH7 0.68 61,900 42,074.28
0.89 DIG VN DEVELOPMENT INVE B3XZ1Y3 1.26 32,980 41,641.41
0.83 IDC VN IDICO CORP JSC BFMT742 2.08 18,640 38,833.33
0.79 BVH VN BAO VIET HOLDINGS B61NT57 2.25 16,400 36,927.61
0.75 HDB VN HDBANK BYX3359 0.81 43,375 34,959.23
0.73 DXG VN DAT XANH GROUP B56QVW5 0.84 40,800 34,343.43
0.70 HSG VN HOA SEN GROUP B3FQWF2 0.62 52,320 32,589.90
0.69 NT2 VN PETROVIETNAM NHO B3LNGB1 1.16 28,000 32,466.33
0.67 TCH VN HOANG HUY INVEST BYQ4467 0.46 68,416 31,242.15
0.61 PHR VN PHUOC HOA RUBBER JSC B43VC90 2.32 12,300 28,523.99
0.55 VCG VN VIETNAM CONSTRUC B3D0PX5 0.94 27,210 25,595.27
0.50 NLG VN NAM LONG INVESTMENT CORP B9FCRR9 1.31 17,800 23,373.74
0.47 PLX VN VIETNAM NATIONAL BYQH5X0 1.45 15,100 21,830.18
0.45 PPC VN PHA LAI THERMAL POWER JSC B1CH6Z2 0.70 30,100 21,092.80
0.43 HDG VN HA DO JSC B3PKX17 1.68 11,908 20,047.14
0.40 DGW VN DIGIWORLD CORP BZ03995 2.67 6,920 18,464.98
0.35 GMD VN GEMADEPT CORP B16GK97 1.99 8,300 16,540.61
0.31 SHS VN SAIGON - HANOI SECURITIES B5ZWC43 0.43 33,375 14,468.12
0.31 VIX VN VIX SECURITIES JSC B5N90B9 0.39 36,522 14,295.23
0.29 HPX VN HAI PHAT INVESTMENT JSC BDQQ303 1.09 12,200 13,350.17
0.28 HUT VN TASCO JSC B2QXYW6 0.90 14,200 12,849.33
0.27 DCM VN PETRO CA MAU FER BWG92M0 1.36 9,200 12,487.37
0.26 PC1 VN PC1 GROUP JSC BYX2RS7 1.39 8,900 12,361.11
0.26 FRT VN FPT DIGITAL RETAIL JSC BFM5DX1 2.99 4,100 12,251.68
0.26 GVR VN VIETNAM RUBBER GROUP LTD BDVQBH1 0.88 13,600 11,962.96
0.25 HNG VN HOANG ANH GIA LA BYMXL89 0.23 51,300 11,767.05
0.24 NVB VN NATIONAL COMMERC B67GJC7 0.77 14,728 11,343.54
0.21 APH VN AN PHAT HOLDINGS JSC BLC9PF1 0.46 21,875 9,989.22
0.20 BCG VN BAMBOO CAPITAL GROUP JSC BYM6QF0 0.51 18,535 9,439.12
0.16 CTR VIETTEL BD3FKG8 2.62 2,869 7,510.60
0.16 NKG VN NAM KIM STEEL JSC B3WZ5F3 0.77 9,660 7,440.15
0.16 BWE VN BINH DUONG WATER BF1Y1F7 2.07 3,600 7,439.39
0.15 DXS VN DAT XANH REAL ES BLR8MH4 0.65 10,934 7,132.87
0.15 SCS VN SAIGON CARGO SERVICE CORP BF51JC7 3.10 2,220 6,886.11
0.14 ITA VN ITACO B1H4JB5 0.22 29,000 6,444.44
0.03 CASH 0.00 22,083,407 1,308.15
Holdings are subject to change.

Sector Breakdown As of 08/31/22

Sector Weight (%)
Real Estate 30.9
Financials 20.4
Consumer Staples 18.8
Materials 12.9
Industrials 8.1
Utilities 3.4
Energy 2.1
Consumer Discretionary 1.9
Information Technology 1.5

Source: AltaVista Research, LLC

ETF Characteristics As of 09/29/22

Return on Equity 17.20%
Weighted Avg. Market Cap 6,399 M
2021 2022
Price-to-earnings 10.41 10.56
Price-to-book value 1.94 1.71

Source: AltaVista Research, LLC

ETF Research

Investing involves risk, including the possible loss of principal. International investing may involve risk of capital loss from unfavorable fluctuations in currency values, from differences in generally accepted accounting principles, or from economic or political instability in other nations. Emerging markets involve heightened risks related to the same factors as well as increased volatility and lower trading volume. Securities focusing on a single country may be subject to higher volatility. VNAM is non-diversified.

Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns. Market price returns are based on the official closing price of an ETF share or, if the official closing price isn’t available, the midpoint between the national best bid and national best offer (“NBBO”) as of the time the ETF calculates current NAV per share. NAVs are calculated using prices as of 4:00 PM Eastern Time. The returns shown do not represent the returns you would receive if you traded shares at other times. Indices are unmanaged and do not include the effect of fees, expenses or sales charges. One cannot invest directly in an index.

Since the Fund’s shares did not trade in the secondary market until several days after the Fund’s inception, for the period from inception to the first day of secondary market trading in Shares, the NAV of the Fund is used to calculate market returns.

Carefully consider the Fund’s investment objectives, risks, and charges and expenses before investing. This and other information can be found in the Fund’s summary or full prospectuses. Please read the prospectus carefully before investing.

Global X Management Company LLC serves as an advisor to Global X Funds. The Funds are distributed by SEI Investments Distribution Co. (SIDCO), which is not affiliated with Global X Management Company LLC or Mirae Asset Global Investments. Global X Funds are not sponsored, endorsed, issued, sold or promoted by MSCI, nor does MSCI make any representations regarding the advisability of investing in the Global X Funds. Neither SIDCO, Global X nor Mirae Asset Global Investments are affiliated with MSCI.

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