July 2008 Issue

LionGlobal Vietnam Fund

Fund Objective Fund Features

(As At 30 June 2008)
The Fund aims to achieve medium to long-term capital appreciation by investing in Vietnam. The Fund will invest in
companies listed in Vietnam and other companies listed elsewhere that have operations in, or derive part of their Launch Date:
revenue from Vietnam and the Indo-China region. The Fund may also invest in short-term fixed income instruments 15 January 2007
listed or traded on recognised markets within the Indo-China region. Preliminary Charge:
5%
Performance Management Fee:
1.5% p.a.
SGD Class - Cumulative returns up to 30 June 2008 based on single pricing. Dividends are reinvested net of all
Fund Size:
charges payable upon reinvestment and in SGD terms. (ISIN Code SG9999003495, Bloomberg Code LCVIETS)
118 18
S$51.7 million
112 12
RETURNS (%) NAV Price:
106 6 P
P
100 0 e Time Period NAV NAV^ Benchmark S$0.482/US$0.354
r
94 -6 r
i
88 -12 c Year-to-date -46.2 -48.8 -61.3
c
e 82 -18
e Sector Allocation
n 1 year -51.9 -54.3 -66.8 (As At 30 June 2008)
76 -24
t
I 70 -30 Since
n 64 -36 % of NAV
d
C inception p.a.
58 -42 h -40.5 -42.6 -55.4 Consumer, 26.5
e
52 -48 a
(as at
x
46 -54 n 02/02/2007) Non-cyclical
e
g
d 40 -60
e
Industrial 21.2
34 -66
Source : Lion Global Investors Limited/Morningstar Financial 10.9
28 -72
^NAV : Figures include Preliminary Charge.
22
Apr Jul Oct 08 Apr
-78
Benchmark: VN Index
Consumer, Cyclical 9.1
LionGlobal Vietnam SGD (SG) B/B -51.80 Sovereign 8.3
LionGlobal Vietnam SGD (SG) O/B -54.21 Communications 5.1
-----
LionGlobal Vietnam SGD BM (BF) B/B -67.89 Energy 4.7
Others 4.5
USD Class - Cumulative returns up to 30 June 2008 based on single pricing. Dividends are reinvested net of all Cash & Cash 9.7
charges payable upon reinvestment and in USD terms. (ISIN Code SG9999003503, Bloomberg Code LCVIETU) Equivalent
115 15
110 10 100
105 5
RETURNS (%)
P
P 100 0 Time Period NAV NAV^ Benchmark
e
r 95 -5
i 90 -10
r
c Year-to-date -42.8 -45.7 -59.0 Top Holdings
c 85 -15
(As At 30 June 2008)
e
e
80 -20 n
1 year -45.9 -48.6 -62.7
I
75 -25 t Since
70 -30 1 DHG Pharmaceutical JSC
n inception p.a.
d
65 -35 C -35.1 -37.5 -51.3 2 Ascott Residence Trust
60 -40 h (as at
e
x 55 -45 a 02/02/2007) 3 PTT Exploration & Prod FR
50 -50 n
e
d 45 -55 g 4 GS Engineering &
e Source : Lion Global Investors Limited/Morningstar
40 -60 Construction Corp
35 -65 ^NAV : Figures include Preliminary Charge.
30 -70 Benchmark: VN Index 5 Sanyang Industrial Co Ltd
Apr Jul Oct 08 Apr
6 Vedan International Hldgs
LionGlobal Vietnam USD (SG) B/B -45.62 7 Siam Cement Pub Co FR
LionGlobal Vietnam USD (SG) O/B -48.34 8 Gamuda Berhad
-----
LionGlobal Vietnam USD BM (BF) B/B -63.69 9 Vietnam Devt Bank 8.1%
26/01/2012
Importance Notice: This publication is for information only and does not have regard to your specific investment 10 Tuong An Vegetable Oil
objectives, financial situation or particular needs. You should read the prospectus, available from Lion Global Inves- Joint Stock Hldgs
tors Limited (“Lion Global Investors”) or its distributors, before deciding whether to subscribe for or purchase units
of the Fund. Investments in the Fund are not obligations of, deposits in, guaranteed or insured by Lion Global Investors
or any of its affiliates and are subject to investment risks, including the possible loss of the principal amount invested.
The value of units in the Fund and the income accruing to the units, if any, may fall or rise. Past performance of the
Fund or Lion Global Investors and any economic or market predictions, projections or forecasts are not necessarily
indicative of future or likely performance. Any opinion or view presented is subject to change without notice. Lion
Global Investors shall not be liable for any losses or damages of any kind howsoever arising from you acting on any
information herein. You may wish to seek advice from a financial adviser before making a commitment to purchase the One George Street #08-01Singapore 049145
Fund. In the event that you choose not to seek advice from a financial adviser, you should consider whether the Fund Tel: (65) 6417-6900 Fax: (65) 6417-6806
www.lookforLion.com
is suitable for you. Co Reg No: 198601745D
A member of the OCBC Group