Reported about 1 year ago
Taiwan ETFs with funds over a billion have increased to seven, led by tech giants like TSMC resulting in Taipei stock market soaring to a record high. Notably, Fubon's Taiwan Top 50 ETF broke the billion-dollar mark, becoming the seventh member. The total number of these large-scale ETFs remains at fourteen after one exited and one entered the group, exhibiting strong investor demand for high dividend ETFs in Taiwan. The market's growth reflects the thriving ETF industry in Taiwan, with Fubon's Top 50 ETF being likened to a MLB Hall of Famer, standing out amidst various short-term players.
Source: YAHOO