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Provides investment management solutions focused on the Vietnamese listed market to an exclusive individual client base
Thien Viet Asset Management As a dedicated investment manager, our one and only goal is to grow and protect our clients’ wealth through a professional investment procedure
2016 - Thien Viet Growth Investment Fund - TVGF
2018 - Thien Viet Growth Investment Fund 2 - TVGF 2
Thien Viet Asset Management (TVAM), a 99% subsidiary of Thien Viet Securities (TVS), was founded in June 2015. TVAM offers two types of services including Closed-end Funds and Managed Accounts. The Fund’s investment objectives are to achieve long-term growth of capital, maximize investors’ profit and outperform all Vietnam indexes. In pursuing this objective, the Fund focuses on investing in listed and prelisted securities of Vietnamese companies that offer superior opportunities for growth
As of now, TVAM manages 2 funds and our assets under management (AUM) is over VND 1,200 billion for equity and VND 500 billion for fixed income. The average holding period for a stock in our portfolios is 1-2 years and our core philosophy is to focus on businesses with sustainable long term growth. Broadly speaking we are “value investors” as we focus on strong businesses at reasonable valuations
Thien Viet Asset Management | Fund life | TVAM Managed Account | VN index | |||
| Total return | Annualized return | Total return | Annualized return | ||
| Sigma | 2014-2016 | 16.9% | 16.9% | 31% | 9.6% |
| Gamma | 2013-2015 | 173% | 39.8% | 40% | 11.9% |
| Alpha | 2011-2020 | 880% | 28.9% | 129% | 9.6% |
| Beta | 2011-2020 | 603% | 21.6% | 129% | 9.6% |
| Year | NAV | VN-index |
|---|---|---|
| 2011 | -5,10% | -27,50% |
| 2012 | 46,80% | 17,70% |
| 2013 | 78,80% | 21,90% |
| 2014 | 36,10% | 8,10% |
| 2015 | 11,60% | 6,10% |
| 2016 | 16,30% | 14,80% |
| 2017 | 49,50% | 48,00% |
| 2018 | -2,10% | -9,30% |
| 2019 | 15,40% | 8,30% |
| 2020 | 31,90% | 14,90% |
| Return | NAV | VN index |
|---|---|---|
| Annualized after all fees |
20.4% | 8.9% |
| Since inception after all fees |
432% | 115% |
Capabilities 
