Small and Medium-sized Stocks Hit Record Highs! Small and Medium-Sized Taiwan Stock Funds Jumped Over 20% in Performance This Year, Here's What Fund Managers Say

Reported 9 months ago

Following the high on June 20th, the Taiwan stock market saw a pullback but managed to stay above 22,500 points, with many individual stocks hitting new highs. According to Prudential's statistics, since the Dragon Boat Festival, there have been 24 large-cap stocks with market values exceeding one trillion yuan setting new price highs, along with 172 small and medium-sized stocks rewriting historical highs. This has boosted the performance of related funds, with small and medium-sized Taiwan stock funds outperforming average funds both in the second quarter and year-to-date. Four outstanding funds with over 10% performance include Prudential's small and medium-sized stock fund, Cathay Financial Holdings' small and medium fund, Fubon's elite small and medium fund, and Cathay's small growth fund. Fund managers attribute this year's strong performance to AI trends, with tech sectors such as semiconductors, PCB, and electronic components benefiting.

Source: YAHOO

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