According to the announcement from Thanh Cong Fund Management Company (TCAM), on October 4, 2024, the State Securities Commission granted a certificate of public offering to Thanh Cong Growth Investment Fund, with the trading code TCGF.
Thus, after the end of the initial issuance, the TCGF fund was officially established, the first trading day is Thursday, October 31, 2024. Investors have officially been able to trade and buy and sell TCGF fund certificates on the TCAM Weath application platform, or through the TCGF Fund's Distribution Agent.
TCGF Fund operates with the overarching objective of protecting the interests and increasing the value of investors owning fund certificates. Therefore, the fund's strategy is:
(1) Focus on value and select stocks of businesses with competitive advantages and long-term growth potential;
(2) Depending on the market situation and investment opportunities at each time, the fund applies a cautious strategy and allocates assets flexibly;
(3) The portfolio is diversified, focusing on stocks of important industry groups that have positive contributions to economic growth: banking, finance, consumer goods, retail, logistics, real estate, etc.;
(4) The stock portfolio is carefully selected and carefully valued to ensure effective investment goals.
TCGF Fund aims to seek stable and sustainable profits, maximizing the investment portfolio by allocating assets to stocks of leading enterprises with high growth potential in the medium and long term. TCGF Fund brings the opportunity to seek safe and sustainable profits in the stock market for individual investors, especially busy people who do not have time to update and monitor the market.
TCGF Open-End Fund is managed by a team of investment experts with solid knowledge and extensive experience in the domestic and foreign financial markets. The fund's stock portfolio selection is based on a professional analysis system and practical experience.
Mr. Vo Trung Cuong - Fund Management Director, TCAM Company said that with the establishment of TCGF open-end fund, investors - especially medium and long-term investors - have new options. The biggest goal of TCGF fund is to create an investment channel capable of bringing stable profits to those who want to seek profits from the stock market but do not have enough time, knowledge and experience about the market.
"With TCAM's average investment performance in the past being from 20% - 25%/year, we expect TCGF's profitability to reach at least 15%/year" - Mr. Vo Trung Cuong shared about TCGF's expectations.
Thanh Cong Fund Management Company Limited (TCAM) operates in two areas: Portfolio Management and Fund Management. TCAM is a member company of TCSC - one of the prestigious securities companies with more than 16 years of experience in the Vietnamese market. Therefore, TCAM has a competitive advantage by inheriting financial strengths from TCSC and the Saigon3 Group ecosystem.
With the motto "Quality Makes Difference", along with a team of experienced experts in the field of financial investment - fund management, TCAM constantly strives for sustainable development and brings prosperity to customers.
