Focus on Vietnam’s finest

Article Excerpt

VANECK VECTORS VIETNAM ETF, $12.70, is a buy for aggressive investors. This emerging-markets ETF (New York symbol VNM) taps the leading Vietnamese firms as well as foreign firms that get a significant share of their revenue from this Southeast Asian nation. The fund started up in August 2009. Its MER is 0.70%. Your top holdings include Vinhomes (real estate), 7.9%; Vingroup (conglomerate), 7.7%; Vietnam Dairy, 7.3%; Hoa Phat Group (iron and steel), 6.5%; and Vietnam Dairy, 6.5%. Other holdings include Bank For Foreign Trade Of Vietnam, 6.1%; SSI Securities Corp., 5.5%; and Masan Group (food), 4.9%. Vietnam has emerged from the pandemic, with tourism leading the way. Longer-term, it will keep attracting foreign manufacturers looking to steer clear of China-U.S. trade issues. VanEck Vectors Vietnam ETF is a buy for aggressive investors. investors…