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
| Index 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 Type |
PR/TR |
| Periodic Review |
April |
Index Performance
| Returns |
|---|
| 1 Month | -5.73% |
| 3 Months | -13.82% |
| 6 Months | -9.86% |
| 1 Year | 18.11% |
| 3 Years | 60.8% |
| 5 Years | - |
| Annualized Returns |
|---|
| 1 Year | 22.35% |
| 3 Years | 14.95% |
| 5 Years | - |
| Annualized Standard Deviation |
|---|
| 1 Year | 15.92% |
| 3 Years | 18.24% |
| 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.
