Fubon FTSE TWSE Taiwan 50 Exchange Traded Fund is based on the FTSE TWSE Taiwan 50 Index. The Index is designed to track the performance of Taiwan stock market, comprises 50 stocks. This Index covers the top 50 companies by total market capitalization. The index selects stocks on the basis of size, free float-adjusted market value, liquidity, foreign ownership limits, and length of trading and so on. The index is quarterly reviewed.
The index is comprised of top 50 companies is by total market capitalization from the Taiwan Stock Exchange Capitalization Weighted Stock Index ("TAIEX"), and FTSE's free float methodology applied throughout the index to ensure the weights within the index reflect the market capitalization available for investment.
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
||NAN YA PLASTICS
||CHINATRUST FINANCIAL HOLDING
||CATHAY FINANCIAL HOLDING CO
Source: Taiwan Stock Exchange Data as of 2020.08.31