The Fund's investment objective is to replicate movements in the TOPIX Total Return index with JPY hedged into TWD.
Fubon TOPIX ETF seeks to track the investment results of a broad-based benchmark composed of Japanese equities.
TOPIX is a free-float adjusted market capitalization-weighted index that is calculated based on all the domestic common stocks listed on the TSE First Section. TOPIX shows the measure of current market capitalization assuming that market capitalization as of the base date (January 4 ,1968) is 100 points. This is a measure of the overall trend in the stock market, and is used as a benchmark for investment in japan stocks.
Principal Investment Strategy
Scripless with quarterly rebalancing.
Top Ten Holdings
||Toyota Motor Corp
||SoftBank Group Corp
||Nippon Telegraph & Telephone Corp
||Takeda Pharmaceutical Co Ltd
||Nintendo Co Ltd
||Mitsubishi UFJ Financial Group Inc
||Daiichi Sankyo Co Ltd
||Recruit Holdings Co Ltd
Source: Tokyo Stock Exchange Data as of 2020.06.30