Company name DWS Vietnam Fund
Headline Interim Management Statement


RNS Number : 3108G
DWS Vietnam Fund Limited
19 November 2015
 

INTERIM MANAGEMENT STATEMENT

 

 

DWS Vietnam Fund Limited (the "Company")

 

 

In compliance with

Regulation 9(2)(a) & (b) Transparency (Directive 2004/109/EC) Regulations 2007

 

19 November 2015

 

This interim management statement covers the period from 01 July 2015 to 19 November 2015. It has been produced for the sole purpose of providing information to the Company's shareholders in accordance with the requirements of the Transparency Rules. It should not be relied upon for any other purpose.

 

 

Investment Objective

 

The primary investment objective of the Company is to seek long-term capital appreciation of its assets by investing in a diversified portfolio of Vietnamese-related securities (onshore and offshore), such as equity, fixed-income and money market instruments.

 

 

Material Events and Transactions

 

a)  Teignmouth Limited, a special purpose vehicle wholly-owned by the Company, bought back its shares in the Company at the following price in line with the Company's buy-back policy outlined in its Prospectus dated 20 February 2007.

-    20 August 2015, bought back 1,000,000 shares at USD 0.5725 per share

-    20 August 2015, bought back 750,000 shares at USD 0.57625 per share

-    21 August 2015, bought back 2,500,000 shares at USD 0.5675 per share

-    24 August 2015, bought back 750,000 shares at USD 0.55 per share

-    14 September 2015, bought back 400,000 shares at USD 0.55 per share

-    21 September 2015, bought back 250,000 shares at USD 0.555 per share

-    21 September 2015, bought back 95,000 shares at USD 0.555 per share

-    22 September 2015, bought back 320,000 shares at USD 0.56 per share

-    22 September 2015, bought back 400,000 shares at USD 0.5575 per share

-    23 September 2015, bought back 1,000,000 shares at USD 0.565 per share

-    16 November 2015, bought back 250,000 shares at USD 0.5925 per share

-    16 November 2015, bought back 58,607 shares at USD 0.5925 per share

-    17 November 2015, bought back 248,917 shares at USD 0.5975 per share

-    18 November 2015, bought back 250,000 shares at USD 0.605 per share

-    18 November 2015, bought back 200,000 shares at USD 0.6 per share

-    18 November 2015, bought back 946,646 shares at USD 0.6 per share

 

 

Controlled Undertakings as of 30 September 2015:

 

The Company had no controlled undertakings as of 30 September 2015.

 

 

Financial Position as of 30 September 2015:  

                                                                                                          

Investments                                                           USD 304,248,188.73

Cash and other net current assets                           USD     5,611,106.80                                                                                

Net assets                                                             USD 309,859,295.53

Net assets attributable to Shares                             USD 309,859,295.53

 

                                                                      

Gearing - None

 

Performance:

As of 30 September 2015, net asset value per share was USD 0.7070.

 

% increase/(decrease) based on net asset value per share over

3 months                   1 year    

-3.98%                      -6.18%

 

                                                                            

Further information:

Professional Advisers

If you have any questions, please contact Deutsche Asset Management (Asia) Limited, One Raffles Quay, #17-10 Singapore 048583.

Investor

If you have any questions, please contact Deutsche Asset Management (Asia) Limited, One Raffles Quay, #17-10 Singapore 048583.

 

The information provided in this statement should not be considered as a financial promotion.

 

Interim management statements are expected to be published in May and November each year.

 

Please note: It is currently intended that Interim Management Statements will be announced via a regulatory news service through the Irish Stock Exchange but will not be mailed to shareholders except on request.

 

 

 

 

 

 

 

This announcement has been issued through the Companies Announcement Service of

The Irish Stock Exchange

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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