Overview
Description
Fubon 20 Equal Weight Total Return Index ETN is an exchange-traded note that tracks the performance of the TIP Highlight 20 Equal Weight Total Return Index. This index is composed of twenty companies that demonstrate robust dividend and growth potential, representing a diverse spread of industries within Taiwan. The selection process involves market capitalization, liquidity, and stock price screening, with a multi-factor indicator ranking to ensure balanced industry representation. Each constituent company is given equal weight and the index is rebalanced annually, which mitigates concentration risk and supports diversification. The ETN provides investors with direct exposure to the total returns—including dividends—of these twenty highlighted companies. As a structured product issued by Fubon Securities, it plays a role in broadening access to a representative basket of high-performing Taiwanese equities, serving institutional and retail investors who seek an efficient way to participate in the potential growth and income of Taiwan’s equity market without the need to manage individual stock positions.
About
Address
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Website
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Instrument type
ETF
Country
Taiwan
MIC code
XTAI