The Ho Chi Minh Stock Exchange (HOSE) launched the total return index (TRI) on June 30 to evaluate investment efficiency.
Experts said the TRI is in accordance with international standards andpractices, especially given that the investment trend according to theVietnam stock market index is shaping more vividly.
Deputy Director of the bourse’s research and development office Ho NgocDoan Trang said the HOSE aims to diversify indicators serving investors,particularly investment funds.
She said the TRIprovides investors with an effective evaluation tool, as well as morereference for exchange-traded funds (ETF) as the TRI reflects returnsmore accurately than a price index.
Portfoliomanager at Dragon Capital Group Le Yen Quynh said the establishment ofthe total return index is necessary not only for investment funds butalso for investors at large, she said, adding that two biggest ETFs inVietnam, namely Market Vector and DB x-trackers FTSE, are utilising thisindex.-VNA
Experts said the TRI is in accordance with international standards andpractices, especially given that the investment trend according to theVietnam stock market index is shaping more vividly.
Deputy Director of the bourse’s research and development office Ho NgocDoan Trang said the HOSE aims to diversify indicators serving investors,particularly investment funds.
She said the TRIprovides investors with an effective evaluation tool, as well as morereference for exchange-traded funds (ETF) as the TRI reflects returnsmore accurately than a price index.
Portfoliomanager at Dragon Capital Group Le Yen Quynh said the establishment ofthe total return index is necessary not only for investment funds butalso for investors at large, she said, adding that two biggest ETFs inVietnam, namely Market Vector and DB x-trackers FTSE, are utilising thisindex.-VNA
