I thought it would be some fun to look back at some of the Vietnam stock market exposures I have mentioned on the blog that I disclosed I owned personally, and see how they have fared. I do this with a little trepidation, as I know it has been a tough stock market environment over the last year but here goes..
Let’s get to the results quickly. I simply created some buy trades in the Sharesight Portfolio Tracker tool on the dates I mentioned the stock holdings in my blog, at levels they closed at back then. As I wanted to monitor this in the future, I have decided to make them equal weights with the exception of the Vina Capital Vietnam Opportunity Fund (VOF:LSE). I thought it would be a fun experiment to see how this mini concentrated portfolio went longer term in the future. To be a bit more realistic of how an investor might weight things, I have made VOF:LSE a 50% weight. After all it is highly diversified and more directly exposed to Vietnam. Whereas the other 5 holdings mentioned will likely be much more volatile being individual companies.
Don’t worry the 50% weight is hardly cherry picking, as VOF:LSE is showing a negative return and has not performed too much different to the benchmark I have chosen. It also hasn’t done much differently from the cumulative performance of the other 5 holdings.
Below is if an investor in the US for example, placed $50k in VOF:LSE, and $10k trades in the individual holdings.
Apologies if the display above is a bit unclear to read, but essentially we have a mixed bag of results that is down about 5%.
The strength in the USD has been mostly the reason for the negative return. This is because I have set this up from the perspective of an investor deploying USD cash in different currency investments above.
The portfolio experiment above is slightly worse at this point in time than the MSCI World Index ETF.
I thought keeping an eye on this would be a good process for me to do better at not losing sight of how some of these holdings are going. It will prompt be to do better keeping up with their reporting etc.
To make it more interesting I might introduce a new Vietnam flavoured holding for $10k every 6-12 months or so. That way it can be a bit like from an investor’s perspective that is in accumulation mode and sometimes putting some new savings into the market. It also might be a good process for me to encourage me to be on the lookout for more new investment possibilities with exposure to Vietnam.
DISCLAIMER: This blog is not financial advice of any kind and whilst I am sure no one would, just in case I would urge anyone not to blindly follow a blogger’s stock selections! I also stress that Vietnam related exposures only make up a very small part of my portfolio. I would never make my total portfolio look like the above. This is a Vietnam related stock market blog which is why I thought tracking this would be interesting!
If you were wondering when I made comments on the above holdings in the blog I have placed the links below.
VOF:LSE REVIEW
Is Thai Beverage or Nagacorp a good stock to buy?
Is Jardine Cycle and Carriage or United Overseas Australia a good stock to buy?
Is Innature a good stock to buy?
SHARESIGHT PORTFOLIO REVIEW
For those readers that are unfamiliar with the Sharesight Portfolio Tracker Tool screenshots, let me mention that I have been a happy user of this almost since the day it started.
To get a few things out of the way and be upfront with the readers, yes below will be a bit of a shameless plug for them as I have an affiliate relationship here. However they do have an option where you can create a free account and try it all yourself, it just limits you to one portfolio of up to 10 holdings that’s all.
I also want to be clear that it does not yet support Vietnam listed stocks. However there is an option to track such holdings manually. For example that may be worthwhile if you hold a handful or less, amongst a bigger portfolio of dozens of other global holdings.
The audience of this blog tends to be global investors from developed countries so I thought Sharesight might suit them. i.e. those unlikely to hold exclusively Vietnam listed individual stocks.
My link just below will take you to an offer for “value investing” followers. You can get started for free there straight away (try one portfolio of up to 10 stocks and see if you like it). If you choose later to subscribe to an annual plan, my link below will still get you 4 months’ worth of savings.
Value Investing | Sharesight Australia
If you are not interested at all well out of courtesy I shall say now that kind of concludes the blog post in terms of discussing Vietnam related investments. If you are interested feel free to continue reading below as I mention why I like using Sharesight and other facts about how it works.
IS SHARESIGHT GLOBAL?
I do however encourage you to search below to see the long list of stock exchanges and various securities they do support. It is probably very likely that they cover where you typically invest. Check out the below link
Supported Stock Exchanges, Mutual Funds, Managed Funds, ETFs, etc. | Sharesight Australia Help
As touched on earlier you could manually custom a holding from a rare stock exchange that is not supported currently for example like Vietnam. At the end of the link just above it walks you through that process here Add a Custom Investment | Sharesight Australia Help.
SHOULD I USE SHARESIGHT?
This is why I believe Sharesight is a crucial tool for the serious global investor and why I use it.
- Accurate performance reporting.
- Automatic feeds that update dividends, capital returns etc.
- Monitor global holdings of a huge range of stock exchanges.
- Records impact of currency movements.
- Monitor your realized /unrealized gains / losses.
- Project future dividends that are due.
- Automatic feeds from stockbrokers can mean no need to input the trades.
- Run reports highlighting geographical and sector diversity exposures.
- Benchmark your portfolio against many popular benchmarks.
- Use reports to complete your tax return filing obligations, no more tax headaches!
WHO OWNS SHARESIGHT?
Sharesight is a great success story that started from Tony and Scott Ryburn (father and son) from simple observations to some frustrations they had monitoring their own investments. They were tired of stockbrokers not showing their true performance, and also not knowing their tax obligations. These are absolutely crucial factors to be on top of to become a successful investor! I am not surprised brokers avoid giving you accurate performance data, they are just incentivized to see you over trade!
The founders therefore built the sharesight brand to solve such problems.
WHERE IS SHARESIGHT BASED?
Due to the founder’s backgrounds, for a long time Sharesight was focused on Australia / NZ. The company was founded in NZ. Keep reading though to see how they now are truly global.
SHARESIGHT REVIEW AUSTRALIA
Personally I am from Australia so I was an early adopter of their product. It has been fascinating to see how far things have come since, product options wise and them going global.
Nowadays the majority of their new signups are actually outside of Australia. That should give comfort to other investors located outside of Australia / NZ where the company initially specialized.
As an affiliate partner I have observed interested investors signing up from locations such as Canada, UK, US, HK, Japan, Singapore just to name some.
As an investor who scans many global stock exchanges, I have also tracked various of my own holdings across global stock exchanges mentioned just above seamlessly.
Further illustrating how global they have become is they now boast over 300,000 users coming from 106 countries worldwide. This was as at October 2021 so there could even be a lot more by now.
ARE SHARESIGHT FEES TAX DEDUCTIBLE?
One should seek their own advice on such matters, but in many places it is highly likely that a sharesight subscription is tax deductible. Therefore when weighing up if you think the paid plans are worth it, one can take into account the true after tax cost, which may be cheaper than the costs seem at first glance.
IS SHARESIGHT SECURE?
To quote from the Sharesight website itself “All data sent between you and our servers is encrypted using modern, industry standard Transport Layer Security (TLS). Additionally all data on our database servers is encrypted at rest. Sharesight’s servers are located in enterprise-grade data centres that employ numerous physical security measures including 24/7/365 monitoring and surveillance, on-site security staff and regular ongoing security audits.”
I personally haven’t encountered any problems, and also haven’t experienced problems with any systems downtime.
SHARESIGHT REVIEW REDDIT
Of course don’t just take my views on board. I have often found reviews / discussions on reddit threads free from biases. I trust you will however also come across favorable experiences amongst sharesight users over there.
SHARESIGHT DISCOUNT OFFER IN 2024
You can click the sharesight banner picture below for savings. The link will take you to my offer for “Value Investing” followers, and effectively save you 4 months’ worth if you decide to purchase an annual subscription.
If you are not sure and want to take a look at the free option (one portfolio to track of up to 10 holdings), you can also use my link here. It will mean if you decide to upgrade to a paid plan a bit later on, you will still access the offer to save on 4 months like I mentioned.
Is Vietnam a good investment?
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