tailieunhanh - ANNUAL REPORT 2011 VIETNAM SECURITIES INVESTMENT FUND

We begin our sample construction with a list of the top 75 countries in the world based on GDP at the end of 2001. 9 This list is matched with countries identified as having a fund industry in publications of either the Investment Company Institute (ICI) or Fédération Européenne des Fonds et Sociétés d'Investissement (FEFSI). 10 The asset size for the countries not listed in the ICI and FEFSI data sources is gathered through web-based sources and discussions with industry experts. We are able to obtain a sample of 55 countries with data on the relative size of the. | V I E T F u N D MANAGEMENT IJA I HMnj IMllAIIClAMIClIIIUn lCIAIWMIllA ANNUAL REPORT 2011 VIETNAM SECURITIES INVESTMENT FUND VF1 ABBREVIATIONS AR Annual Report HOSE BOR Board of Representative IR CEO Chief Executive Officer JSC EPS Earning per share NAV HNX Hanoi Stock Exchange Q Hochiminh Stock Exchange Investor Relations Joint Stock Company Net Asset Value Quater FUND INFORMATION English name Vietnam Securities Investment Fund Trading Code VFMVF1 Investment objective VF1 aims to invest to listed and unlisted shares fixed-income securities and other financial instruments to build a balanced portfolio Fund type Closed-end public fund Current chartered capital 1 000 000 000 000 VND Outstanding fund unit 100 000 000 units Inception date May 20 2004 Listing date November 8 2004 Fund term 10 years Management Fund VietFund Management VFM Custodian Joint Stock Commercial Bank for foreign trade of Vietnam Vietcombank Management fee 2 NAV year Custodian depositing fees 0 08 NAV year Dividend By annual based on realized return and approved by Annual Meeting of Investors ROE VFM VND VFA Investment Fund or VFA VF4 Investment Fund or VF4 Return on Equity VietFund Management Vietnam Dong Vietnam Active Fund Vietnam Blue-chips Fund VF2 Investment Fund or VF2 VF1 Investment Fund or VF1 UPCOM VN-Index VNI P E Vietnam Growth Investment Fund Vietnam Securities Investment Fund The Unlisted Public Companies Market Over-the-counter Price-Earnings .