Stocks with low beta could capture market upwards while preventing the downwards risks, which are ideal as investment targets for the aging society and volatile market environment. TIP launched the "TIP TAIEX+ Low Beta 100 Index" (called "TIP LB 100 Index" or "LB100" for short) on December 19th, 2016. Low beta constituent stocks are less volatile than the market, with 10 years back-testing result shows that not only can LB100 provide extraordinary defensive mechanism against market downsides but also have stable outstanding returns in the long run.
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 |
100 |
| Index Type |
PR/TR |
| Periodic Review |
April |
Index Performance
| Returns |
|---|
| 1 Month | -0.27% |
| 3 Months | 2.29% |
| 6 Months | 2.35% |
| 1 Year | 19.96% |
| 3 Years | 57.94% |
| 5 Years | 81.8% |
| Annualized Returns |
|---|
| 1 Year | 22.1% |
| 3 Years | 16.23% |
| 5 Years | - |
| Annualized Standard Deviation |
|---|
| 1 Year | 11.78% |
| 3 Years | 12.31% |
| 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.
