Open-ended Fund Investment: A Starting Point to Financial Freedom
2025년 6월 27일Start with Open-ended Funds via Mirae Asset Securities
Are you a foreign investor looking to explore Vietnam’s financial markets? Mirae Asset Securities Vietnam makes it easy to start with Open-ended Funds, a safe, transparent, and flexible investment option managed by trusted professionals.
Why Invest in Open-ended Funds?
Open-ended Funds are a smart choice for new investors just starting their financial journey. As a form of collective investment, your capital is pooled with others and managed by a team of professional fund managers. They’ll allocate your assets, monitor market movements, and optimize for returns on your behalf.
With just 100,000 VND, you can:
- Invest systematically with reduced risk
- Diversify your portfolio with stocks, bonds, and more
- Withdraw flexibly when needed
- Enjoy safety and transparency under government regulations
Especially for First-time Investors
New to investing? Don’t worry! Mirae Asset Securities is here to support you every step of the way.
With over 20 Open-ended Funds available, you can choose based on your investment goals:
- Equity Funds: For high-growth potential
- Bond Funds: For stability with low risk
- Balanced Funds: A mix of growth and safety
Why Choose Mirae Asset Securities?
- Global, Trusted Brand: A member of Mirae Asset Financial Group, a global investment group headquartered in Korea, managing over $600 billion in assets.
- Trusted Fund Management Partners: Exclusive distributor or official partner of leading fund managers including: MAGI, SSIAM, VCFM, DFVN, BVF, FIDES, KIM, UOBAM.
- Easy Transactions with the M-Stock App: Transparent, secure, and designed to track fund performance anytime, anywhere.
- Expert Guidance: 1:1 financial consulting and personalized support to help you achieve your financial goals.
Get Started in Just 4 Simple Steps on M-Stock (Vietnamese Investor)
Step 1: Download the M-Stock app
Step 2: Open a free Open-ended Fund account
Step 3: Choose your fund → Enter investment amount → Confirm
Step 4: Monitor performance daily right in the app
View detailed instructions [HERE]
How to Start Investing as a Foreign Investor
Step 1: Open a Securities Trading Account
Foreign investors must open a Vietnamese securities trading account before subscribing to open-ended funds. There are two ways to open an account, depending on your location and prior experience with Vietnamese brokerages:
Option 1: Visit Mirae Asset Branch in Person
Case A: You have never opened a securities account in Vietnam
- Prepare two notarized copies of your passport (issued within the past 6 months)
- Visit a Mirae Asset Securities Vietnam branch
- Your securities account will be activated within 2–3 working days
- You can then proceed to open a fund account
Case B: You have previously opened a securities account at another brokerage in Vietnam
- Request your official Securities Trading Code (STC) file from the original brokerage
- Ensure all personal information in the STC is up to date (name, passport number, residency, etc.)
- If your STC contains outdated information, you must update it at the original brokerage first and wait for the updated STC
- Once you receive the updated STC, submit it to Mirae Asset Securities to proceed with opening your new account
Option 2: Open Account Remotely (Without Visiting)
- All requirements and documents are the same as in Option 1
- You will work with a Mirae Asset representative who will guide you through the remote application
- You must provide your details and documents as requested (passport scans, personal info, etc.)
- Mirae Asset Securities will prepare the application package and send it to you for signing
- Once the signed original documents are returned to Mirae Asset, your account will be opened within 2–3 working days
Important: The account will only be created after Mirae Asset receives the original signed documents by courier
Note: The Account Opening Form is not available online. Please contact us for consultation and document submission instructions.
If you need help, please contact us:
Hotline: 1800 6277
Email: cs@miraeasset.com.vn
Step 2: Subscribe to Funds
If you already have a securities account at Mirae Asset Securities, follow these three simple steps:
Step 1: Open Fund Account (One-time)
- Contact Mirae Asset consultant
- Fill out the Fund Account Opening Form (sent by email or in-person)
- Submit the form and receive account confirmation
Step 2: Subscription Order (Each investment)
- Fill out the Subscription Form (List Full Fund Forms Below)
- Transfer funds to the selected fund’s bank account
- Submit transfer confirmation and subscription form
- Receive official transaction confirmation from Mirae Asset
Step 3: Redemption Order (When withdrawing)
- Fill out the Redemption Form (List Full Fund Forms Below)
- Submit request to Mirae Asset
- Receive transaction confirmation and payment within 3–5 business days (depending on fund calendar)
Additional forms available upon request: Switching Order, Systematic Investment Plan (SIP), Change of Registration, Cancellation Form
Fund Categories
- Equity Funds: Suitable for growth-oriented investors
- Bond Funds: Preferred by risk-averse investors seeking stable returns
- Balanced Funds: Designed for those wanting both growth and stability
Examples of available funds:
- Equity: MAGEF, DCAF, LHCDF, FVEF, VEOF, SSISCA, UVEEF, BVFED, BVPF, KDEF
- Bond: MAFF, DFIX, LHBF, FBF, VFF, SSIBF, BVBF
- Balanced: VIBF
View full fund details [HERE]
Guides & Forms For Foreign Investor To Start Investing Open Ended Fund
FUND |
INVESTMENT GUIDE |
FORM |
MAGEF - Mirae Asset (Vietnam) Fund Management |
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MAFF - Mirae Asset (Vietnam) Fund Management |
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SSI-SCA - SSI Asset Management |
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SSIBF - SSI Asset Management |
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VEOF - VinaCapital Fund Management (Form will be updated later) |
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VESAF - VinaCapital Fund Management (Form will be updated later) |
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VFF - VinaCapital Fund Management (Form will be updated later) |
||
VIBF - VinaCapital Fund Management (Form will be updated later) |
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DFVN-CAF - Dai-ichi Life Vietnam Fund Management (Form will be updated later) |
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DFVN-FIX - Dai-ichi Life Vietnam Fund Management (Form will be updated later) |
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UVEEF - UOB Asset Management (Form will be updated later) |
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BVFED - BaoViet Fund (Form will be updated later) |
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BVPF - BaoViet Fund (Form will be updated later) |
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BVBF - BaoViet Fund (Form will be updated later) |
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FVEF - Fides (Viet Nam) Fund Management JSC (Form will be updated later) |
||
FBF - Fides (Viet Nam) Fund Management JSC (Form will be updated later) |
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KDEF |
UPDATING |
|
LHCDF |
UPDATING |
|
LHBF |
UPDATING |
Mirae Asset Open-ended Fund Trading Schedule
*Bangkok Time Zone
Fund Name |
Order Cutoff (VSD) |
Fund Bank Transfer Deadline |
Trading Date (T) |
Result Date |
Redemption Date |
MAGEF |
11:00 T-1 |
17:00 T-1 |
Daily |
T+1 |
T+5 |
MAFF |
11:00 T-1 |
17:00 T-1 |
Daily |
T+1 |
T+5 |
SSISCA |
14:59 T-1 |
14:59 T-1 |
Daily |
T+1 |
T+2 |
SSIBF |
14:59 T-1 |
14:59 T-1 |
Daily |
T+1 |
T+3 |
VEOF |
14:40 T-1 |
14:40 T-1 |
Daily |
T+1 |
T+3 |
VESAF |
14:40 T-1 |
14:40 T-1 |
Daily |
T+1 |
T+3 |
VFF |
14:40 T-1 |
14:40 T-1 |
Tue, Thu |
T+1 |
T+4 |
VIBF |
14:40 T-1 |
14:40 T-1 |
Daily |
T+1 |
T+4 |
DCAF |
11:30 Mon |
11:30 Mon |
Tue |
T+1 |
T+4 |
DFIX |
11:30 Mon |
11:30 Mon |
Tue |
T+1 |
T+4 |
UVEEF |
14:45 T-1 |
14:45 T-1 |
Daily |
T+1 |
T+3 |
BVFED |
14:40 Wed |
14:40 Wed |
Thu |
T+1 |
T+5 |
BVPF |
14:40 T-1 |
14:40 T-1 |
Tue, Fri |
T+1 |
T+5 |
BVBF |
14:40 Tue |
14:40 Tue |
Wed |
T+3 |
T+5 |
FVEF |
16:30 T-1 |
14:30 T-1 |
Daily |
T+1 |
T+5 |
FBF |
14:30 T-1 |
14:30 T-1 |
Wed |
T+1 |
T+3 |
LHBF |
14:30 T-1 |
14:30 T-1 |
Thu |
T+1 |
T+5 |
LHCDF |
14:30 T-1 |
14:30 T-1 |
Tue, Fri |
T+1 |
T+5 |
Track Fund Performance Daily
As of NAV date: 27/06
Fund |
Type |
Issuer |
Inception |
NAV |
1Y Return |
Avg. 3Y Return |
BVFED |
Equity |
BVF |
01/2014 |
24,717.00 |
12.93% |
31.74% |
LHCDF |
Equity |
LHC |
05/2024 |
11,124.00 |
12.61% |
- |
LHBF |
Bond |
LHC |
12/2022 |
14,214.00 |
11.70% |
- |
MAFF |
Bond |
MAGI |
11/2021 |
12,839.90 |
6.94% |
24.23% |
VFF |
Bond |
VCFM |
04/2013 |
24,583.12 |
6.86% |
23.74% |
VIBF |
Balance |
VCFM |
07/2019 |
18,455.95 |
6.12% |
25.25% |
SSIBF |
Bond |
SSIAM |
08/2017 |
16,084.99 |
5.39% |
20.38% |
BVBF |
Bond |
BVF |
04/2016 |
21,135.00 |
5.74% |
21.13% |
FBF |
Bond |
FIDES |
01/2022 |
11,907.00 |
4.56% |
18.00% |
SSISCA |
Equity |
SSIAM |
09/2014 |
40,612.77 |
3.28% |
42.15% |
DFIX |
Bond |
DFVN |
02/2021 |
11,551.50 |
3.19% |
13.02% |
VEOF |
Equity |
VCFM |
07/2014 |
30,507.91 |
1.91% |
24.15% |
MAGEF |
Equity |
MAGI |
07/2019 |
17,243.91 |
1.62% |
23.49% |
BVPF |
Equity |
BVF |
12/2016 |
20,909.00 |
0.71% |
31.48% |
UVEEF |
Equity |
UOBAM |
11/2022 |
14,646.77 |
0.27% |
- |
VESAF |
Equity |
VCFM |
04/2017 |
30,772.53 |
0.11% |
26.89% |
KDEF |
Equity |
KIM |
04/2025 |
10,899.59 |
- |
- |
DCAF |
Equity |
DFVN |
01/2019 |
15,641.21 |
-4.37% |
11.42% |
FVEF |
Equity |
FIDES |
04/2023 |
12,684.00 |
-0.20% |
- |
Frequently Asked Questions
- Can foreign individuals invest in Vietnamese mutual funds?
Yes. Foreign individuals can invest in open-ended funds through Mirae Asset Securities once a securities trading account is opened. - What is the minimum investment amount?
Just 100,000 VND (~4 USD). - Do I need to be in Vietnam to open an account?
No. You can complete the process remotely. Our team will assist you step-by-step. - Can I redeem my investment anytime?
Yes. Redemption follows each fund’s calendar. Payment is typically made within T+3 to T+5 business days. - How do I track my fund’s performance?
Via the M-Stock app, updated daily with NAV, historical return, and transaction history.
Checklist for Foreign Investors
Ready to Start?
Contact us to begin your investment journey via
Hotline 1800 6277 or Email: cs@miraeasset.com.vn