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.
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.
Top Ten Holdings
||TAIWAN SEMICONDUCTOR MANUFACTURING
||HON HAI PRECISION INDUSTRY
||FORMOSA PLASTICS CORP
||CHINATRUST FINANCIAL HOLDING
||NAN YA PLASTICS
||MEGA FINANCIAL HOLDING CO LT
Source: MSCI®Barra Data as of 2020.01.31