The TNEX Digital Finance Platform and Services JSC, in partnership with Fincorp JSC, the owner of the Fmarket platform, officially launched its new “Investment Fund” product on the weekend, to create a suitable investment channel with attractive returns and relatively low-risk for customers, especially members of Generation Z.

The Investment Fund allows users to invest in fund certificates distributed by Fmarket, starting at only VND10,000 ($0.42).

By taking a few simple steps on the TNEX application, investors are able to open an account and perform direct trades with 35 open-ended funds (including stock funds, bond funds, and mutual funds) from 17 professional fund management companies in Vietnam distributed by Fmarket.

Fmarket is also known as the first open-ended fund trading platform licensed by the State Securities Commission, in 2018. This investment form has certain advantages, such as small investments, convenient transactions, attractive profits with effective funds, and the ability to remove investment capital barriers with fund certificates purchased from a starting amount of VND10,000 ($0.42).

The Investment Fund is considered to have greater potential than bank savings, and is more convenient and with lower risk than trading stocks personally. TNEX provides its investors with a fast, convenient and reliable trading platform by fully integrating the process of buying, selling and investing in fund certificates in just one application, instead of going through many different applications.

TNEX also provides useful financial knowledge, particularly in fund certificate investment, on its Vitamin T portal, helping new investors teach themselves. This is something young customers, especially Gen Z, lack when investing.

The combination of a digital financial platform and investment fund provides long-term, sustainable interest opportunities for users. The number of fund certificates purchased is not limited, and profit is the difference between the selling price and the buying price. Investment categories are offered with a diverse number of funds, suitable for many investor tastes, which can meet the needs of different customers, from Gen Z who are just starting their very first fund certificates to experienced customers.

“The introduction of the Investment Fund on TNEX digital-only bank offers our customers a new channel of indirect investment, which is convenient in doing transactions and quickly updated in investment,” said Ms. Pham Thi Nguyet Nga, CEO of TNEX. “TNEX has always accompanied our customers through the continuous introduction of convenient banking and financial services, and won international awards, most recently ‘Best Digital Bank for Gen Z in Vietnam and Southeast Asia 2023’ from The Digital Banker.”