Craig Martin, Chairman of Dynam Capital and the manager of Vietnam Holding, provides a review of 2023 and the outlook for 2024.
Vietnam Holding was the best-performing Vietnam-focused investment trust of 2023 as the share price returned 24% to investors. This compares to a low single-digit return and a loss for peers.
In addition to outperforming peers, Vietnam Holding substantially outperformed the benchmark in 2023 and has the narrowest discount of all Vietnam-focused investment trusts.
Craig discusses the innovative redemption facility that will allow investors to redeem shares at the NAV.