Vietnam Fund Performance Report - February 2026: Accelerating Redemptions in Investment Funds

FiinGroup is pleased to introduce the report “Vietnam Investment Fund Activities – February 2026”, offering the most updated and detailed insights into fund performance and capital flows across the market.

Key highlights of the report include:

• Equity funds recorded lower returns in February 2026, mainly among open-ended funds, while foreign-domiciled ETFs rebounded strongly. Bond funds delivered steadily, albeit muted, returns amidst low volatility yields; however, these vehicles struggled to justify their relative appeal against the more competitive deposit rates offered by commercial banks.
• Net outflows from investment funds continued, estimated at over VND4.2 trillion in February 2026. Redemption pressure remained concentrated in equity funds, mainly driven by open-ended funds. Similarly, bond funds suffered net outflows for the sixth consecutive month.
• In February 2026, most open-end equity funds (20 of 36 funds) shifted gears to put cash to work, reversing a two-month trend of building defensive cash buffers. Notably, the reduction in cash positions was mostly seen at large funds, whereas the smaller peers generally opted to increase cash holdings.
• HPG was the most net-bought stock by funds in February 2026 (by volume). In contrast, FPT and state-owned stocks (OIL, PVT) recorded strong net selling.

Figure: HPG recorded the largest net buying by funds in February 2026 (by volume)

For more detailed information, please download the full report HERE

The Investment Fund Activity Report is a monthly publication by FiinGroup designed to deliver an overview of fund performance in Vietnam.

Source: Data and insights are extracted from FiinPro-X.

Learn more about FiinPro-X:https://fiinpro.com/fiinpro-x