Which stocks will be included in the basket of foreign ETF funds in the third quarter restructuring period?

Which stocks will be included in the basket of foreign ETF funds in the third quarter restructuring period?

FRT – FPT Retail’s shares are expected to be added to the portfolio of both FTSE Vietnam Index and Marketvector Vietnam Local Index in the upcoming quarterly restructuring period. Another FPT stock, FTS, may also be included in the FTSE Vietnam Index.

On September 6, 2024, FTSE is expected to announce the list of stocks that will be part of the FTSE Vietnam All-share and FTSE Vietnam Index. Meanwhile, on September 13, 2024, MarketVector will announce the Marketvector Vietnam Local Index.

September 20, 2024 is expected to be the date to complete the restructuring of the entire portfolio of ETFs referenced by these indexes, including two popular funds, FTSE Vietnam ETF (FTSE ETF) and VanEck Vectors Vietnam ETF (VNM ETF). The official data closing date of the two indexes is August 30, 2024.

According to the forecast of BIDV Securities Joint Stock Company (BSC), FTSE Vietnam Index may add two new stocks FRT of FPT Digital Retail Joint Stock Company (FPT Retail, code FRT - HoSE) and FTS of FPT Securities Joint Stock Company (code FTS - HoSE). On the contrary, BSC forecasts that no stocks will be removed from this index.

Forecast of the number of shares bought and sold by two foreign ETF funds – Source: BSC

Under this scenario, BSC believes that FTSE ETF can buy 637,000 new FRT shares and 1.9 million FTS shares. In addition, FTSE ETF can buy 7 million VIC shares, 5.1 million VHM shares, 2.9 million VNM shares... Conversely, FTSE ETF can sell more than 16 million HPG shares, 7 million VIX shares, 3.2 million VRE shares...

As of August 23, 2024, the scale of FTSE Vietnam ETF will reach 293 million USD, equivalent to 7,296 billion VND.

As for Marketvector Vietnam Local Index, BSC predicts that the index will remove HNG stock of Hoang Anh Gia Lai International Agriculture Joint Stock Company (HAGL Agrico, code HNG - HoSE floor) and add 3 new stocks including NAB of Nam A Commercial Joint Stock Bank (code NAB - HoSE floor), FRT and MBS of MB Securities Joint Stock Company (code MBS - HNX floor) because they are in the top 85% of the accumulated free-float capitalization of stocks that satisfy the conditions.

According to this forecast, the VNM ETF fund will buy about 8.8 million NAB shares, 1 million FRT shares and 4 million MBS shares. In addition, VND may be increased in proportion and this fund will buy more than 24.7 million shares. HPG may also be purchased 2.5 million shares. Meanwhile, most of the other stocks in the portfolio will be sold. HNG is eliminated so all of its more than 13 million shares will be sold. VHM will be reduced in proportion and sold 5.4 million shares...

As of August 23, 2024, the VNM ETF portfolio size will reach 500 million USD, equivalent to about 12,500 billion VND.

Source: https://baodautu.vn/co-phieu-nao-se-lot-ro-cac-quy-etf-ngoai-trong-ky-co-cau-quy-iii-d223399.html