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.
Overview
| Universe | Listed companies of Taiwan Stock Exchange |
| Weighting Method | Free float adjusted Market Capitalization |
| Base Date | 2016.12.16 |
| Launch Date |
2016.12.19 |
| Base Value | 5,000 |
| Calculation Frequency | Every 5 sec |
| Number of Constituents | 30 |
Index Performance
| Returns |
|---|
| 1 Month | 14.76% |
| 3 Months | 27.92% |
| 6 Months | 26.79% |
| 1 Year | 33.88% |
| 3 Years | 48.08% |
| 5 Years | - |
| Annualized Returns |
|---|
| 1 Year | 22.99% |
| 3 Years | 12.31% |
| 5 Years | - |
| Annualized Standard Deviation |
|---|
| 1 Year | 25.22% |
| 3 Years | 18.21% |
| 5 Years | - |
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.
