0057 FB MSCI Taiwan

Fund Details


Investment Objective

The Fubon MSCI Taiwan Exchange Traded Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of Taiwanese equity market, as represented by the MSCI® Taiwan Index.

Fund Characteristic

  • Total replication of the performance of MSCI® Taiwan Standard Capital Index in local currency which is a professional, exact, tradable, and representative broad market index.
  • The most used benchmark by foreigner investors.
  • The MSCI® Taiwan Index covers almost every sector in Taiwan stock market, including technology, finance, and non-tech, non-finance sector.
  • Consists of 80% Large cap.+20% mid-cap.
  • Investing “One Basket of Stocks”at once.
  • Providing an easy way to implement sector rotation and Asset allocation.

Index Description

Fubon MSCI Taiwan Exchange Traded Fund is based on the MSCI® Taiwan Index. The Index is designed to track the performance of Taiwanese stock market, comprises 114 stocks listed on TWSE and OTC, and the market cap coverage related to TWSE index is almost 80%. The index selects stocks on the basis of size, free float-adjusted market cap., liquidity, foreign inclusion factor, and length of trading. The index is quarterly reviewed.

Principal Investment Strategy

Index strategies enable the deduction of various necessary fees from funds to replicate the performance of underlying index. The fund will concentrate its investments in a particular industry or group of industries to approximately the same extent as the underlying index.

Industry Breakdown

  • Comprehensive and representative, the MSCI® Taiwan Index covers different 18 sectors in stock market.
  • The MSCI® Taiwan Index consists of 80% large cap. and 20% mid-cap., comprises 114 stocks listed on TSEC and OTC, including Information Technology stocks (49.35%), Finance stocks in TSEC(16.30%), Materials stocks (11.60%).

Top Ten Holdings


    No. Stock Code Stock Name Weighting
    1 2330 TAIWAN SEMICONDUCTOR MANUFACTURING 38.01%
    2 2317 HON HAI PRECISION INDUSTRY 4.91%
    3 2454 MEDIATEK 2.78%
    4 2412 CHUNGHWA TELECOM 2.30%
    5 3008 LARGAN PRECISION 2.17%
    6 1301 FORMOSA PLASTICS CORP 1.88%
    7 2891 CHINATRUST FINANCIAL HOLDING 1.87%
    8 1216 UNI-PRESIDENT ENTERPRISES 1.78%
    9 2886 MEGA FINANCIAL HOLDING CO LT 1.74%
    10 1303 NAN YA PLASTICS 1.59%

Source: MSCI®Barra Data as of 2020.03.31