Investment Objective
The Fund's investment objective is to replicate movements in the TOPIX Total Return index with JPY hedged into TWD.
Fund Characteristic
Fubon TOPIX ETF seeks to track the investment results of a broad-based benchmark composed of Japanese equities.
Index Description
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
| No. |
Stock Code |
Stock Name |
Weighting |
| 1 |
7203 JP |
Toyota Motor Corp |
3.61% |
| 2 |
6758 JP |
Sony Corp |
2.05% |
| 3 |
8306 JP |
Mitsubishi UFJ Financial Group Inc |
1.63% |
| 4 |
9432 JP |
Nippon Telegraph & Telephone Corp |
1.55% |
| 5 |
9984 JP |
SoftBank Group Corp |
1.50% |
| 6 |
4502 JP |
Takeda Pharmaceutical Co Ltd |
1.50% |
| 7 |
6861 JP |
KEYENCE CORPORATION |
1.43% |
| 8 |
6098 JP |
Recruit Holdings Co Ltd |
1.25% |
| 9 |
8316 JP |
Sumitomo Mitsui Financial Group Inc |
1.11% |
| 10 |
7974 JP |
Nintendo Co Ltd |
1.10% |
Source: Tokyo Stock Exchange Data as of 2020.01.31
