VNX High Quality Goods indexes
Since 1997, the Saigon Tiep Thi Newspaper has conducted the program High Quality Vietnamese Goods.
Every year, the Association of Vietnam High Quality Goods announces the list of the enterprises qualified with the title High Quality Vietnamese Goods and voted by the consumers.
This campaign aims to change the consumers' perception and their preference for imported goods in raising their trust in Vietnamese goods and services
VNX High Quality indexes Family
The VNX High Quality indexes family is composed by 3 indexes:
The VNX High Quality index is a full market capitalisation index, and composed by companies selected by the Association and trading on the HSX and HNX stock market exchanges.
This index is the equal-weight version of the VNX High Quality index. The index includes the same constituents as the capitalization weighted VNX High Quality index, but each company is allocated a fixed and equal weight of the index total at each semester rebalance.
The index is comprised of 10 leading of the High Quality Goods selected companies trading on the HSX and HNX stock market exchanges. It is designed to provide investors with tradable exposure to this particular theme. Their selection is based on the 12-month average daily value traded and the free float capitalisation. No stock has a weight of more than 15% at the rebalancing.
- VNX High Quality indexes Quarterly Report (March 2014 , PDF)
- VNX High Quality indexes Rules (December 2013 , PDF)