Taiwan's First IC Design ETF '00947' Listed Today Featuring Leading Semiconductor Companies

Reported 7 months ago

FTNN News reported that Taiwan's IC design industry is globally competitive, especially with the rise of Generative AI expected to drive further growth. The first ETF focused on Taiwan's IC design industry, Taiwan IC Design Dynamic Momentum ETF (00947), was listed today. It opened at 14.96 yuan, crossed 15 yuan, reaching a high of 15.16 yuan, currently at 15.12 yuan. The ETF offers advantages like a low issuance price of 15 yuan, reduced volatility by incorporating multiple IC design stocks, quarterly portfolio review, and cash dividends suitable for investors with cash flow needs.

Source: YAHOO

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