Reported 11 months ago
As the Taiwan Stock Exchange breached the 22,000 mark on June 11th, TSMC rose sharply along with prominent tech ETFs like the Fubon Technology (0052), Yuanta Electronics (0053), and Cathay Taiwan 5G+ (00881). With ETFs still soaring after the Dragon Boat Festival, 00881 stands out with the highest monthly returns. Having a significant weighting in TSMC and other tech plays, Cathay 5G+ yields impressive returns, with notable performance post the arrival of investor Huang Renxun. Referred to as the 'Nvidia supply chain package,' 00881 diversifies not only into leading tech firms but also AI-related components, earning its reputation as Taiwan's AI+. With exceptional performance in May and strong growth potential, the outlook remains positive despite Huang's departure from Taiwan, sustaining market momentum.
Source: YAHOO