Reported about 1 year ago
Liu Li-ru, Deputy Director of the Labor Fund Bureau, explained the investment situation of the Labor Fund. With Taiwan stocks surging in May by 777 points, the Labor Fund's earnings for May reached NT$151.33 billion. Holding various leading concept stocks including Taiwan Semiconductor Manufacturing Company, the Fund Bureau's current stock proportion is almost like an enlarged version of ETF 0050. It is anticipated that the earnings in June may challenge the historical peak of March this year. With the fund's total size reaching NT$6.5994 trillion and an evaluation profit of NT$151.33 billion by the end of May, the Labor Fund's performance was strong with a return rate of 9.99%. Optimistic about the rising trend in June's returns, the Bureau forecasts a possibility of surpassing NT$1 trillion in June with continued growth. The stock market accounts for 43% while the bond market 45%, and alternative investments 12%, with Taiwan stocks making up 19.3% of the total shares. Liu analyzed that the favorable global financial market conditions and potential monetary policy changes may further enhance the Fund's performance, especially with the upcoming U.S. presidential election and corporate performance supporting market stability.
Source: YAHOO