Active Taiwan Stock ETFs Become Mainstream, 5 Funds Launched Since April

Central News Agency (Reporter Tseng Jen-kai, Taipei, April 15) Following the high-dividend ETFs in the year before last and market-cap-weighted ETFs last year, this year it's the turn of active ETFs to rise. Since April, Uni-President Asset Management's Uni-President Taiwan Stock Growth (00981A) has become the first active ETF with a market value exceeding NT$100 billion. In addition, Cathay, J.P. Morgan, Nomura, Fubon, and Uni-President investment trust companies have all listed, launched, or opened for subscription active Taiwan stock ETFs. After the Financial Supervisory Commission (FSC) announced the opening of active ETFs at the end of 2024, Taiwan's first active ETF, Nomura Taiwan Select (00980A), was officially listed in early May last year. In less than a year, the cumulative number of listed active ETFs has exceeded 25, with a total market value exceeding NT$270 billion. With the AI boom, the Taiwan stock market index has repeatedly hit new highs. Active Taiwan stock ETFs, which invest in Taiwan stocks, are particularly hot. Many investors participate in Taiwan stock investments through active ETFs, managed by professional managers. In early April, Uni-President Asset Management's 00981A's market value broke through NT$100 billion, becoming Taiwan's first active ETF with a scale exceeding NT$100 billion. In just half a month, the latest market value of 00981A has advanced to NT$129.6 billion. Last week, Cathay Active Dynamic High Dividend (00400A) and J.P. Morgan Taiwan Xinsou (00401A) were listed on April 9 and 10, respectively. This week, Nomura Asset Management's first active high-dividend ETF, Nomura Taiwan High Dividend (00999A), will be open for subscription from April 13 to 16 and is expected to be listed on May 5. Fubon Asset Management also announced its entry into the active ETF market. The "Fubon Taiwan Longyao Active ETF Fund" was declared effective on April 14 and approved by the competent authority for subscription. At the same time, Fubon Asset Management's total ETF asset under management also officially broke through the new milestone of NT$1 trillion on the 14th. Uni-President Asset Management announced today the launch of its second Taiwan stock active ETF, Uni-President Taiwan Stock Upgrade 50 Active (00403A), which is scheduled to open for subscription from April 22 to 24 and tentatively listed on May 12. The newly launched 00403A by Uni-President Asset Management combines the characteristics of active ETFs and market-cap-weighted ETFs, taking the top 50 market-cap companies as the core base, and using the 51st to 200th largest companies as the main enhanced stock selection pool, from which companies with good growth prospects and excellent profitability are selected to be included in the investment portfolio, hoping to strengthen the growth momentum of the investment portfolio. (Editor: Chang Chun-mao) 1150415