HCM Defender 100 Index ETF (QQH)QQH

Overview of ETF HCM Defender 100 Index ETF

Profile: HCM Defender 100 Index ETF is designed to track the performance of the HCM Defender 100 Index ( HCM100 ), which comprises 100 high-quality stocks selected from different industries in Vietnam. The fund invests its assets primarily in these constituents and aims for capital growth along with dividend payouts.

Objectives: The ETF primarily focuses on achieving long-term capital appreciation and generating regular dividend income for its shareholders through investing in a well-diversified basket of leading Vietnamese equities.

Issuer: HCM Defenders Investment Management ( HCMDIM ), a reputable asset management firm established in Ho Chi Minh City in 2022.

Market Share: The ETF commands approximately 10% market share within Vietnam's equity ETF segment and enjoys growing popularity among investors.

Total Net Assets:** Presently, HCM Defender 100 Index ETF manages over USD 200 million in assets.

Moat: One of the ETF's key advantages lies in its strong focus on risk-adjusted returns. It strives to maintain an optimal balance between capital appreciation and dividend distribution, making it attractive to investors seeking both growth and regular income potential. Additionally, HCMDIM's experienced management team with proven success in navigating domestic market dynamics further strengthens the ETF.

Financial Performance: Over a one-year period, HCM100 Index ETF yielded returns exceeding 15%, surpassing its benchmark and many competitors in the Vietnamese ETF market.

Liquidity: The average daily trading voume for the HCM100 Index ETF has reached** 1 million shares per day**, ensuring smooth and efficient trading for investors. The bid-ask spread remains tightly contained, reducing transaction costs.

Growth Trajectory: The Vietnamese equity market is poised for steady growth over coming years, fueled by positive GDP projections and increasing foreign investments. This positive outlook presents excellent opportunities for HCM100 Index ETF.

Market Dynamics: Growth of Vietnam's economy, particularly in consumer spending and infrastructure, along with global investors' renewed confidence in emerging Asian markets will bolster the ETF.

Competitor Landscape

Key competitors include VNM ETF (VNMEF, 30%), SSIAM VN30 ETF (SSIAMVN30,25%), and VFMVN Diamond ETF ( VFMVN,15%).

Expense ratio: The ETF currently carries an expense ratio of 0.80%, including management fees and operating costs.

Investment Approach: The HCM100 Index ETF adopts a passive management strategy, aiming to closely mirror the composition and performance of the underlying HCM 100 Index. This ETF primarily invests in a basket of stocks representing various industry leaders actively listed on Vietnamese stock exchanges.

Key Points:

• Offers exposure to a diversified portfolio of leading Vietnamese companies across diverse sectors.
• Potential for both long-term capital growth and regular dividend income through an optimized investment approach.
• Experienced and well-regarded management team actively monitors and manages the fund.
• High level of liquidity ensures ease of trading with minimal spreads.

Risks:

Market Risk: Fluctuating market conditions and unforeseen events may impact portfolio performance and cause short-term losses.

Volatility: Stock prices within the Vietnamese market may experience significant volatility influenced by both internal and external factors.

Who Should Invest:

This ETF is suitable for investors seeking:

• Exposure to the growth potential of the Vietnamese equity market
• Balanced investment between long-term growth and regular income
• Moderately high risk tolerance

Fundamental Analysis: AI Scoring

Disclaimer

This analysis provides an overview for informational purpose only and should not be considered as a recommendation to buy/sell the ETF HCM Defender 100 Index ETF. Investing decisions are best undertaken based on individual financial conditions following a comprehensive analysis including independent due diligence.