Tap the best of Vietnam

Article Excerpt

VANECK VECTORS VIETNAM ETF, $12.69, 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 0.59%. Your top holdings include Vinhomes (real estate), 7.8%; Vietnam Dairy, 7.1%; Hoa Phat Group (iron and steel), 7.0%; Vingroup (conglomerate), 6.8%; and Masan (food), 5.3%. Other holdings include Feng Tay Enterprises (Taiwanese sports shoemaker and a Nike supplier with a Vietnam factory) at 3.6%. Vietnam is emerging from the pandemic, with tourism leading the way. Longer-term, it should continue to attract foreign manufacturers looking to steer clear of any China-U.S. trade issues. VanEck Vectors Vietnam ETF is a buy for aggressive investors. investors. …