20th July 2017
VinaCapital Vietnam Opportunity Fund
Limited (the "Company", the “Fund” or "VOF")
Monthly Net Asset Value
The Company announces that, at its close of business on
30 June 2017, its unaudited net asset
value was USD 956.01 million or
USD 4.77 per share (Sterling
equivalent at that date was GBP 735.98
million or GBP3.67 per share).
This represents a 2.80% increase from a net asset value per share
of USD 4.64 from its close of
business on 31 May 2017 (or 1.94%
increase in net asset value per share in GBP terms).
The monthly reported unaudited Net Asset Value is prepared by
the Fund’s Administrator and reviewed by the Fund’s Manager. It may
vary from the estimated weekly NAV announcements that are produced
by the Manager based on estimated valuations. The estimated weekly
NAV is provided for indicative purposes only. The Company accepts
no responsibility for the accuracy of the estimated weekly NAV
figure reported, and neither is any responsibility implied.
The unaudited monthly NAV is based on the following valuation
guidelines:
· Listed equities are
marked to market, based on the closing price of the last trading
day of the prior month, provided by the Vietnam stock exchanges (the Ho Chi Minh Stock
Exchange and the Hanoi Stock Exchange).
· Over the counter (OTC)
securities are based on the average of up to five independent
broker quotes for the last trading day of the prior month to the
extent available, or the last available price.
· Non-publicly traded
investments, including private equity and direct real estate
investments, and operating assets, are valued based on the last
available valuation as approved by the Audit Committee which may be
adjusted for any impairment, loss or disposal.
· Cash is based on cash in
the bank at the close of the prior trading month and may be
adjusted for receivables and accruals.
· The Vietnam Dong
(VND) foreign exchange rate is based on the daily reference rate
provided by Vietcombank as of the date of the monthly NAV. The
British Sterling (GBP) and US Dollar (USD) exchange rates are based
on the Reuters reference rate of the same day.
More information on the Company is available at
www.vof-fund.com
Enquiries:
Jonathan Viet Luu
VinaCapital Investment Management Limited
Investor Relations
+84 28 3821 9930
jonathan.luu@vinacapital.com
Joel Weiden
VinaCapital Investment Management Limited
Communications
+84 28 3821 9930
joel.weiden@vinacapital.com
David Benda / Hugh Jonathan
Numis Securities Limited, Broker
+44 (0)20 7260 1000
funds@numis.com
Franczeska Hanford
Northern Trust International Fund Administration Services
(Guernsey) Limited, Administrator
+44 1481 745001
fk26@ntrs.com