The objective of the investment policy of the fund is to achieve a reasonable performance in due consideration of the investment risk. To achieve its investment objective, the Vietnam Emerging Market Fund SICAV will invest in existing and newly issued securities of listed or unlisted companies that are based in Vietnam or that have substantial operations, sales or asset exposure linked to the economy, assets or currency of Vietnam. The Fund shall seek to make investments in companies believed by the Fund Manager to have good management, sound fundamentals and attractive valuations that are relative to the investment risks assumed. In addition, the Fund’s assets may be invested for varying periods of time in money markets, debt securities issued by Vietnamese government and administrative entities, by Vietnamese companies or by companies established in jurisdictions other than Vietnam which have significant operations in Vietnam.