According to data from FiinTrade and SSI Research, ETFs posted a net outflow of over VNĐ210 billion between May 12 and 16, marking the second consecutive week of withdrawals.
A total of VND1.5 trillion (US$64.4 million) worth of capital has been poured into the local exchange-traded fund VFMVN Diamond ETF in December, largely from top investment funds such as Dragon Capital and Pyn Elite Fund.
The value of local exchange-traded fund VFMVN Diamond ETF has increased by five-fold during its first trading week to VND482.3 billion (US$20.87 million)