According to BSC, there are likely to be 5 stocks of FIT, APG, BMI, AGR, CTS that satisfy the criteria to be included in the VNFinLead Index basket in this restructuring period. Meanwhile, the EIB can be disqualified for not meeting the 0.1% minimum turnover condition.
On July 19th, HoSE will announce the VNFinLead list and the new index basket will officially take effect from August 2nd, 2021. SSIAM VNFinLead ETF (Stock Code: FUESSVFL) with a scale of nearly 3,000 billion dong which will complete the portfolio structure in July.
Based on data dated June 30th, 2021, BIDV Securities Company (BSC) has forecast some changes of VNFinLead during this portfolio review period.
According to BSC, there are likely to be 5 stocks of FIT, APG, BMI, AGR, CTS that satisfy the criteria to be included in the VNFinLead Index basket in this restructuring period. Meanwhile, the EIB may be disqualified for not meeting the 0.1% minimum turnover condition.
With the above forecast, BSC estimates that the SSIAM VNFinLead ETF will purchase about 663 thousand FIT shares, 597 thousand APG shares, 158 thousand BMI shares, 291 thousand AGR shares and 131 thousand CTS shares.
Besides, the fund also increased the proportion of some stocks such as HDB (3.2 million shares), TPB (2.5 million shares).
In the opposite direction, EIB may be sold all 1.23 million shares by ETF SSIAM VNFinLead due to being excluded from the index basket. In addition, the fund can also reduce weight and sell out STB (7.2 million shares) and CTG (3.1 million shares).