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A photo of Vietnamese children in a classroom.
Children getting lessons in Viet Tri, Vietnam, as part of SOS Village's education project, which SKAGEN Funds is involved in. Photo: SOS Children's Villages.

SOS Children's Village Viet Tri is situated in the centre of Viet Tri City, the capital of Phu Tho Province. Viet Tri City is approximately 80 km north-west of Hanoi and home to an estimated 260,000 people.

In spite of various government initiatives, many families in the Phu Tho Province continue to live in poverty. Life for poor families and children is full of hardships. The poverty assistance payments do not always reach families who would be entitled to them.

Help improve lives 

Education remains out of reach for many, because although they are not charged fees, they cannot afford the other costs involved; books, transport and uniforms. In addition, it is also difficult for them to access health care.

The social and economic conditions in the area make the work of SOS Children's Villages particularly important. The provision of education, training and support for young people and children has continued to improve the lives of many in the local area.

The SOS Children's Village in Viet Tri currently provides a loving home for up to 150 children who can no longer live with their families. Additionally, there is a SOS Kindergarten, a SOS School, a SOS Youth Programme, and a SOS Vocational Training Centre.

Support to the SOS School

As part of the SOS Children's Villages program in Viet Tri, Vietnam, the SOS Hermann Gmeiner School caters for up to 1,250 children of both primary and secondary level (year 1-12). There is also a canteen where children can eat, thus ensuring they have at least one nutritious meal a day.

Children whose families could not otherwise afford to send them to school can get a scholarship. Most pupils perform well at school, increasing their chances of proceeding to further education. As extra-curricular activities, the SOS school offers sports and a range of other activities for children to partake in.

The financial support for the SOS school goes towards school materials, books, other learning and activity materials, the education of qualified teachers, further education of teachers, teacher salaries, running and operational costs, as well as maintenance of premises and services.

There is a particular focus on maintaining the quality of education, and as such, efforts are made to keep the number of pupils per class relatively low.

Children helping out in the garden, Vietnam.

Children helping out in the garden, Vietnam. Photo: SOS Children's Villages.

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Historical returns are no guarantee for future returns. Future returns will depend, inter alia, on market developments, the fund manager's skill, the fund's risk profile and management fees. The return may become negative as a result of negative price developments.