During the era of low interest rates, companies that pay dividends stably are investable targets. TIP launched the TIP TAIEX+ Dividend Appreciation 150 Index (DVA 150 Index) on July 25th, 2016. The 150 constituted stocks were selected based on the criteria of cash dividends with further smart-beta weighting scheme.
|Universe||Listed companies of Taiwan Stock Exchange|
|Calculation Frequency||Every 5 sec|
|Number of Constituents||150|
|Annualized Standard Deviation|
The index performance is calculated through its total return index values; the price index values will be used in calculation only when there is no total return index.