Overview
Description
The Yuanta Taiwan Top 50 ETF is an exchange-traded fund designed to follow the performance of the FTSE TWSE Taiwan 50 Index, which comprises the 50 largest and most liquid companies listed on the Taiwan Stock Exchange. This ETF offers investors exposure to some of Taiwan's most prominent sectors, including technology, finance, and manufacturing, reflecting the significant influence these industries have on the country's economy. As a passive investment vehicle, the primary purpose of the Yuanta Taiwan Top 50 ETF is to replicate the index's returns by investing in its constituent stocks in essentially the same proportions. The fund plays a crucial role in enabling investors, both domestic and international, to gain diversified access to Taiwan's equity market with relatively low cost and high liquidity compared to directly investing in individual stocks. Its presence is significant in the financial market as it provides a measure for institutional and retail investors to participate in Taiwan's economic growth while reducing the complexities and risks associated with stock-picking in a foreign market.
About
Address
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Phone
886-2-2516-9339
Website
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Instrument type
ETF
Country
Taiwan
MIC code
XTAI