October Regular Investment Accounts Hit New Highs
October regular investment data from the Taiwan Stock Exchange shows the market's largest fund, Yuanta Taiwan 50 (0050), reached 1.309 million regular investment accounts, up 33,000 in a single month; the largest high-dividend fund, Yuanta High Dividend (0056), reached 344,000 accounts, up 11,000 in a month, both setting new record highs and ranking first and second in the market. Among them, 0050 has held the top spot in regular investment accounts for 21 consecutive weeks.
Mature Investors Buy Low as Volatility Intensifies
In October, the Taiwan stock market hit a new high before entering volatility, with bulls and bears alternating rapidly in the second half of the year, pulling back after setting a new high in October with a high-low spread of over 5,200 points. Institutional investors noted that facing volatility, investors showed mature strategies, buying aggressively on sharp declines while regular investment accounts continued to rise, steadily accumulating assets through large ETFs such as 0050 and 0056, showing a pattern of buying low and holding long term.
NT$144 Billion Inflows in Six Trading Days in Early November
On the fund-flow front, 0050 received NT$140.2 billion in net subscriptions in October, and as Taiwan stocks plunged in early November, it attracted another NT$144 billion in inflows during the six trading days from November 2 to November 9, showing market confidence in index investing. Institutional investors believe 0050 carries no human stock-selection error risk, and after every major Taiwan stock pullback, resilient large-cap bellwethers benefit strongly from both policy and fund-flow support, making holding the index the main theme in volatile markets.
Year-to-Date Returns Both Exceed 50%, Leading Active ETFs
From the start of the year through November 9, 0050 and 0056 returned 50.4% and 55.2%, while all actively managed ETFs returned below 50%, with the most popular 00981A at only 44.8%, more than 10 percentage points behind 0056. Meanwhile, ETF investors, known as the fourth institutional force, did not exit during the sharp Taiwan stock pullback, instead buying mid- and large-cap bellwethers against the trend through ETFs such as 0050 and 0056, forming a positive cycle supporting Taiwan stocks, which is expected to add further fund momentum to the market outlook.