PVI AM established PVI Infrastructure Investment Fund

On 25/5/2017, PVI Asset Management Joint Stock Company (PVI AM) was officially licensed by the State Securities Commission to execute member fund with the following contents:

1. Fund name: PVI Infrastructure Investment Fund (Short name: PIF)
2. Type of fund: Member Fund
3. Chartered capital: VND 520 billion (Five hundred and twenty billion dong)
4. Fund’s operation duration: 05 (five) years
5. Fund management company: PVI Asset Management Joint Stock Company (PVI AM)

Establishment and Operating License No. 55/GP-UBCK dated 03/02/2015, the amended license No. 13/GPDC-UBCK dated 17/08/2017 by the SSC.

Address: 25^th Floor, PVI Tower, VP2 Yen Hoa, Yen Hoa, Cau Giay District, Hanoi

On 01/06/2017, at PVI AM’s head office, PVI AM successfully held the first PIF’s shareholder meeting. The meeting was led by Mr. Nguyen Anh Tuan, Chairman of the Board of Management with the participation of all shareholders, members of the Board of Management and PVI AM’s representatives. The main content of the meeting is to approve the PIF’s operation plan in 2017. Accordingly, PIF will invest to the shares of asset management and development companies with expected return of 9.5% per year.

Thus, the total chartered capital of two member funds managed by PVI AM is VND 1,520 billion. Together with a portfolio of investment management and investment advisory of nearly VND 10,000 billion, PVI AM is one of the largest asset management companies in the Vietnamese market. This is an opportunity but also a challenge for PVI AM in the context of the volatile market today. However, with the experienced and dedicated staffs, PVI AM is confident to provide the clients with the best products and services that will sustainably increase the clients’ wealth, and to be worthy of the trust and expectation the clients have been giving to the PVI brand.

Nguyen Nguyet Minh