Vinacapital launches Việt Nam’s first-ever strategic-beta ETFs

Vinacapital launches Việt Nam’s first-ever strategic-beta ETFs

VinaCapital Fund Management Joint Stock Company has received approval from the State Securities Commission of Vietnam for making the initial public offering of two strategic-beta ETFs: VINACAPITAL VNMITECH and VINACAPITAL VN50 GROWTH.

VinaCapital has received approval from the State Securities Commission of Việt Nam for making the initial public offering of two strategic-beta ETFs: VINACAPITAL VNMITECH and VINACAPITAL VN50 GROWTH. — VNA/VNS Photo

For the first time, both individual and institutional investors can directly participate in the country’s long-term economic growth story through strategic-beta ETFs. These index-tracking funds operate under a clearly defined quantitative strategy, featuring transparent rules, periodic reconstitution and automated rebalancing.

The custom, rules-based reference indices are designed to reflect key characteristics of Việt Nam’s market, incorporating sectors that drive economic growth, profit expansion and liquidity.

The design of these ETFs aims to improve returns performance while effectively managing risk.

Unlike traditional ETFs that simply mirror broad market indices, strategic-beta ETFs combine passive management with data-driven portfolio constitution. These funds track custom-built strategic indices based on factors such as value, growth, corporate quality, and volatility, seeking enhanced performance, better risk control, and the potential to outperform broad market benchmarks.

VINACAPITAL VNMITECH (fund ticker: FUEMITEC) tracks the VNMITECH Index, focusing on three key sectors: industrials, technology, and materials.

It offers selective exposure to leading companies in high-tech innovation, automation, advanced manufacturing, strategic materials, and modern logistics.

Its investment strategy follows a transparent process, employing sector weight caps, liquidity-based weighting adjustments, and scheduled reconstitution and rebalancing.

This ensures strong alignment with Việt Nam’s ongoing industrial modernisation and digital transformation.

VINACAPITAL VN50 GROWTH (fund ticker: FUEVN50G) tracks the VN50 Growth Index, designed to provide exposure to 50 of the most promising large- and mid-cap companies that are selected from the VNAllshare universe.

The fund applies fundamental filters based on market capitalisation, liquidity and corporate governance quality.

It also incorporates a percentile-based earnings-per-share growth ranking model to prioritise companies with strong and sustainable profit growth momentum.

With a diversified portfolio structure, capped at 10 per cent per stock and 40 per cent per sector, the fund is built to adapt flexibly across market cycles while maintaining exposure to Việt Nam’s key growth drivers.

Brook Colin Taylor, CEO of VinaCapital Fund Management Joint Stock Company, said: "Việt Nam is entering a new phase of development, marked by strong and sustainable growth opportunities.

“The launch of these two strategic ETFs not only enables investors to access the market more effectively but also reflects VinaCapital’s long-term commitment to supporting the growth of Việt Nam’s economy." 

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