More than 40% of the listed companies come from IT industry in Taiwan, which is a unique feature in capital market. Instead of taking financial indicators such as operational stability, the current IT-related indices only consider the market value as standard. Therefore, TIP launched the TIP TAIEX+ IT Elite 30 Index (ITE30) on December 19th,2016. The methodology balances the long-term operational stability, competitiveness of products, shareholders’ rewards, and constant high dividends strategy.
|Universe||Listed companies of Taiwan Stock Exchange|
|Weighting Method||Free float adjusted Market Capitalization|
|Calculation Frequency||Every 5 sec|
|Number of Constituents||30|
|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.