Fubon NASDAQ ETF (00662) Share Price Exceeds NT$100, Initiates Fund Split Vote
Fubon Asset Management has initiated a beneficiary meeting vote for its Fubon NASDAQ (00662) ETF to undergo a fund split, following its share price surpassing NT$100. The vote, concluding on April 27th, aims to lower the investment threshold by adjusting the unit price to NT$20 or above, based on the fund's net asset value on April 30th. The actual split is scheduled for July 29th, with trading resuming on August 4th. This move, tracking the NASDAQ-100 index, is intended to enhance liquidity and investor participation, similar to the successful 2025 split of Fubon Technology (0052) ETF, which saw a 1.4x increase in beneficiaries.
📋 Article Processing Timeline
- 📰 Published: April 13, 2026 at 17:01
- 🔍 Collected: April 13, 2026 at 17:31 (29 min after Published)
- 🤖 AI Analyzed: April 13, 2026 at 21:08 (3h 36m after Collected)
Fubon NASDAQ (00662) ETF's share price has exceeded NT$100. Fubon Asset Management announced today the initiation of a beneficiary meeting vote for 00662 to decide on a fund split, with voting concluding on April 27th. If the split proposal is approved, it will be based on the fund's net asset value (NAV) on April 30th, adjusting to the largest integer multiple that brings the price back to NT$20 or above. After calculating the actual split multiple, the split will be implemented on July 29th, the first day of trading halt, with the NAV on that day determining the post-split NAV. Trading will resume on August 4th. Fubon Asset Management stated that due to the strong performance of US tech stocks, 00662's fund size and NAV have both increased. The decision to initiate a split vote was made to address the rising investment threshold caused by the higher NAV. Fubon 00662 tracks the NASDAQ-100 index, covering global tech leaders. Established in June 2016 with a listing price of NT$20, 00662's share price first broke the NT$100 mark in October last year. The latest closing price is NT$101.85. Fubon Asset Management noted that ETF splits are a common international mechanism that adjusts the number of beneficiary units, lowering the per-unit price while maintaining the total investment value. This helps improve liquidity and trading convenience, and encourages participation from regular fixed-amount and small investors. Fubon Asset Management cited the experience of another ETF, Fubon Technology (0052), which split in 2025. After the split, 0052's beneficiaries increased from 188,000 at the end of November 2025 to 448,000 at the end of March 2026, a nearly 1.4-fold growth in just four months, demonstrating that ETF splits help boost trading activity and investor participation.