Stats for Q2 2017: 5 New ETFs to Fuel the Taiwan Market 2017/03/10 17:00
Taiwan Index Plus Corporation (TIP), along with the Taiwan Stock Exchange (TWSE) welcome five new exchange-traded funds that will track Taiwan stocks and to be listed no later than Q2 2017, including three inverse and leveraged ETFs. The listings of the 5 ETFs are beneficial to fuel the Taiwan stock market.
The new launches include the Mega Taiwan Blue Chip 30 ETF and the Mega Taiwan Blue Chip 30 Daily Inverse ETF. Issued by Mega International Investment Trust Co., the Mega Taiwan Blue Chip 30 ETF tracks the TIP TAIEX+ Blue Chip 30 Index, a market-capitalization weighted index that tracks the shares of the 30 top-performing publicly traded companies in Taiwan that are financially stable, well established and provide good returns for investors. It was published last year in December by TIP with 2016 being the base year with a base value of 5000.
Other ETFs that will be listed on the exchange include funds providing 2x leveraged and single inverse exposure to the TAIEX Index, Taiwan’s market cap-weighted reference for locally-listed firms; and exposure to the TWSE Corporate Governance 100 Index, the first self-compiled corporate social responsibility type index by the TWSE. For the year 2016, the CG100 index performance return (12.29%) is higher than that of the TAIEX index performance return (11.17%).
Five Taiwan ETFs:
|
Fund Name |
Underlying Index |
IPO Date |
Listing Date |
|
CAPITAL TAIEX DAILY LEVERAGED 2X ETF (CTAIEX2X) |
TAIEX Leveraged 2X Index |
2017/3/20-22 |
2017/3/30 |
|
CAPITAL TAIEX DAILY INVERSED -1X ETF (CTAIEX-1X) |
TAIEX Inverse -1X Index |
2017/3/20-22 |
2017/3/30 |
|
Mega Taiwan Blue Chip 30 ETF (Mega Taiwan BC30 ETF) |
TIP TAIEX+ Blue Chip 30 Index |
2017/3/20-22 |
2017/3/31 |
|
Mega Taiwan Blue Chip 30 Daily Inverse ETF (Mega Taiwan BC30 Inverse ETF) |
TIP TAIEX+ Blue Chip 30 Index Daily Return Inverse -1X Index (BC30-1) |
2017/3/20-22 |
2017/3/31 |
|
Fubon TWSE Corporate Governance 100 ETF (Fubon TWSE CG100) |
TWSE Corporate Governance 100 Index (CG 100) |
2017/4/21-23(tentative) |
2017/5/17 (tentative) |
About Taiwan Index Plus Corporation
Established in 2016, TIP is a professional index and information services provider and wholly-owned subsidiary of the TWSE. It is responsible for index development, maintenance, licensing, and marketing in both domestic and foreign markets. It aims to provide investors with high-quality, comprehensive indices and information services, satisfy growing investor appetite for indexing strategies, and create innovative products for Taiwan's capital market. Investors are welcome to visit the Taiwan Index Plus Co. official website for more detailed information at http://www.taiwanindex.com.tw. Live video streaming is available at http://webpro.twse.com.tw/.
For further information, please contact:
Annie Hsia
Phone: +886-2-8729-9002
E-mail: [email protected]
Alissa Hsu
Phone:+886-2-8729-9001
Email:[email protected]