Nguyen Tuan, deputy manager at An Binh Securities, expects the VN index to further expand in the short-term due to favorable earnings from large-caps, Reuters reports.
VNM top sectors include financials 35.9%, energy 24.0% and industrials 12.8%. The ETF includes about 25% in larger names, with 4.4% in mega-caps and 20.8% in large-capitalization stocks, followed by 47.9% in mid-caps and 24% in small-caps.
Market Vectors Vietnam ETF
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Max Chen contributed to this article.