• FTSE Russell provides the index for the Fubon FTSE Vietnam ETF, the first ETF to list on the Taiwan Stock Exchange with a focus on Vietnamese stocks
  • Recent performance of Vietnam’s equity market has driven investor demand for the ETF
  • The launch takes the total number of Fubon Asset Management ETFs tracking a FTSE Russell index to 11

FTSE Russell, a leading global index, data and analytics provider, has been selected by Fubon Asset Management as the index provider of choice for the Fubon FTSE Vietnam ETF. The fund tracks the FTSE Vietnam 30 Index which comprises of the largest 30 Vietnam companies by market capitalisation that are traded on the Ho Chi Minh Stock Exchange.

Having started trading on the Taiwan Stock Exchange on 19 April 2021, capital tracking the Fubon FTSE Vietnam ETF has now reached USD358M in its first month of trading.

FTSE Russell has a long-standing relationship with Fubon, providing indexes for 11 Fubon ETFs which are tracked by USD2.29bn. The recent performance of Vietnam’s equity markets has driven investor demand for exposure to stocks listed on the Ho Chi Minh Stock Exchange.

Vietnam is currently on FTSE Russell’s Watchlist for potential promotion to emerging market status at the upcoming September 2021 annual review.

FTSE Russell has served as the index provider for 16 new Exchange Traded Products (ETPs) across Asia in 2020, ranging from money market ETFs to equity and fixed income and products, with seven products launched so far in 2021.

Evan Ong, Managing Director, Asia ETPs and Listed Derivatives Strategy, FTSE Russell comments:
“Having worked closely with our long-term customer, Fubon Asset Management, on this launch, we are thrilled to see such a positive response from investors with strong inflows since the start of trading. Vietnam has stood out as a growing market with its young population and growing equity market. The ETF is the latest product of FTSE Russell’s close collaboration with Fubon Asset Management and provides investors in the region with greater choice to access investment opportunities."

Cindy Yang, Fund Manager, Quantitative and Index Investment Dept., Fubon Asset Management Co., Ltd. Comments:
“We are pleased to see such strong investor demand for pure exposure to Vietnam’s equity market. The Fubon FTSE Vietnam ETF is the first product to offer dedicated coverage of this market on the Taiwan Stock Exchange and represents the latest example of collaboration with FTSE Russell. The index, data and analytics provider gives us access to a wide range of robust and transparent multi-asset indexes on a global basis, offering a great platform on which to build our ETP offering for the Asia market.”

To find out more, please visit: https://www.ftserussell.com/products/indices/fivnm30

 

Oliver Mann/Lucie Holloway
+44 (0)20 7797 1222
Newsroom@lseg.com

About FTSE Russell:

FTSE Russell is a global index leader that provides innovative benchmarking, analytics and data solutions for investors worldwide. FTSE Russell calculates thousands of indexes that measure and benchmark markets and asset classes in more than 70 countries, covering 98% of the investable market globally. 

FTSE Russell index expertise and products are used extensively by institutional and retail investors globally. Approximately $16 trillion is currently benchmarked to FTSE Russell indexes. For over 30 years, leading asset owners, asset managers, ETF providers and investment banks have chosen FTSE Russell indexes to benchmark their investment performance and create ETFs, structured products and index-based derivatives. 

A core set of universal principles guides FTSE Russell index design and management: a transparent rules-based methodology is informed by independent committees of leading market participants. FTSE Russell is focused on applying the highest industry standards in index design and governance and embraces the IOSCO Principles. FTSE Russell is also focused on index innovation and customer partnerships as it seeks to enhance the breadth, depth and reach of its offering. 

FTSE Russell is wholly owned by London Stock Exchange Group. 

For more information, visit www.ftserussell.com.

© 2021 London Stock Exchange Group plc and its applicable group undertakings (the “LSE Group”). The LSE Group includes (1) FTSE International Limited (“FTSE”), (2) Frank Russell Company (“Russell”), (3) FTSE Global Debt Capital Markets Inc. and FTSE Global Debt Capital Markets Limited (together, “FTSE Canada”), (4) MTSNext Limited (“MTSNext”), (5) Mergent, Inc. (“Mergent”), (6) FTSE Fixed Income LLC (“FTSE FI”), (7) The Yield Book Inc (“YB”) and (8) Beyond Ratings S.A.S. (“BR”). All rights reserved.

FTSE Russell® is a trading name of FTSE, Russell, FTSE Canada, MTSNext, Mergent, FTSE FI, YB and BR. “FTSE®”, “Russell®”, “FTSE Russell®”, “MTS®”, “FTSE4Good®”, “ICB®”, “Mergent®”, “The Yield Book®”, “Beyond Ratings®” and all other trademarks and service marks used herein (whether registered or unregistered) are trademarks and/or service marks owned or licensed by the applicable member of the LSE Group or their respective licensors and are owned, or used under licence, by FTSE, Russell, MTSNext, FTSE Canada, Mergent, FTSE FI, YB or BR. FTSE International Limited is authorised and regulated by the Financial Conduct Authority as a benchmark administrator.

All information is provided for information purposes only. All information and data contained in this publication is obtained by the LSE Group, from sources believed by it to be accurate and reliable. Because of the possibility of human and mechanical error as well as other factors, however, such information and data is provided "as is" without warranty of any kind. No member of the LSE Group nor their respective directors, officers, employees, partners or licensors make any claim, prediction, warranty or representation whatsoever, expressly or impliedly, either as to the accuracy, timeliness, completeness, merchantability of any information or of results to be obtained from the use of FTSE Russell products, including but not limited to indexes, data and analytics, or the fitness or suitability of the FTSE Russell products for any particular purpose to which they might be put. Any representation of historical data accessible through FTSE Russell products is provided for information purposes only and is not a reliable indicator of future performance.

No responsibility or liability can be accepted by any member of the LSE Group nor their respective directors, officers, employees, partners or licensors for (a) any loss or damage in whole or in part caused by, resulting from, or relating to any error (negligent or otherwise) or other circumstance involved in procuring, collecting, compiling, interpreting, analysing, editing, transcribing, transmitting, communicating or delivering any such information or data or from use of this document or links to this document or (b) any direct, indirect, special, consequential or incidental damages whatsoever, even if any member of the LSE Group is advised in advance of the possibility of such damages, resulting from the use of, or inability to use, such information. No member of the LSE Group nor their respective directors, officers, employees, partners or licensors provide investment advice and nothing contained herein or accessible through FTSE Russell products, including statistical data and industry reports, should be taken as constituting financial or investment advice or a financial promotion.

Past performance is no guarantee of future results. Charts and graphs are provided for illustrative purposes only. Index returns shown may not represent the results of the actual trading of investable assets. Certain returns shown may reflect back-tested performance. All performance presented prior to the index inception date is back-tested performance. Back-tested performance is not actual performance, but is hypothetical. The back-test calculations are based on the same methodology that was in effect when the index was officially launched. However, back-tested data may reflect the application of the index methodology with the benefit of hindsight, and the historic calculations of an index may change from month to month based on revisions to the underlying economic data used in the calculation of the index. This document may contain forward-looking assessments. These are based upon a number of assumptions concerning future conditions that ultimately may prove to be inaccurate. Such forward-looking assessments are subject to risks and uncertainties and may be affected by various factors that may cause actual results to differ materially. No member of the LSE Group nor their licensors assume any duty to and do not undertake to update forward-looking assessments. No part of this information may be reproduced, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without prior written permission of the applicable member of the LSE Group. Use and distribution of the LSE Group data requires a licence from FTSE, Russell, FTSE Canada, MTSNext, Mergent, FTSE FI, YB, BR and/or their respective licensors.