Split Countdown: 11/10 Last Trading Day
The Fubon NASDAQ ETF (00662) 1-for-5 split has entered its final stage. Fubon Asset Management said November 10 is the last trading day for 00662 before the split, subscriptions/redemptions and trading will be suspended from November 11, the post-split price and unit count will be announced on November 16, and subscriptions/redemptions, trading, securities lending and transfers are expected to resume on November 17, relisting at the new post-split price. Investors holding 00662 or looking to gain exposure to large U.S. technology stocks should note the relevant trading schedule during the split period.
First NT$100 Billion Overseas ETF: Lower Entry Barrier
00662 has grown in recent years amid the rally in U.S. technology stocks and AI investment, with fund size officially surpassing NT$100 billion in June this year, becoming the first overseas equity ETF in Taiwan to top NT$100 billion and setting a new milestone in Taiwan's overseas ETF market. The split ratio for beneficial units is set at 5 times, lowering the price per unit to give investors greater flexibility in allocating capital. Before and after the split, the total value of investors' fund holdings will not change as a result of the split itself, and for investors who prefer to participate in the long-term trend of U.S. technology stocks in batches or via regular fixed-amount investment, it will also help improve convenience in use of capital.
New Index Rules: Large IPOs Included Faster
The NASDAQ-100 Index further revised its rules for newly listed companies this year, with eligible large IPO companies meeting market capitalization and related criteria able to be included as index constituents as early as 15 trading days after listing, allowing the index to capture existing tech giants while also having a greater opportunity to quickly bring in a new generation of large growth companies. Recently, global AI-focused company Anthropic has formally filed IPO registration documents with the U.S. Securities and Exchange Commission, reigniting market attention on AI unicorns entering public capital markets and highlighting the potential opportunity under the NASDAQ-100's new rules to capture new technology leaders.
Expanding AI Footprint: Asset Manager Suggests Staggered Deployment
Fubon Asset Management said AI industry development is expanding from infrastructure such as chips, servers and data centers to large language models, software services and enterprise AI applications, with the technology investment landscape continuing to broaden. The NASDAQ-100 Index brings together large innovative U.S. companies, and if representative AI, space technology, cloud computing and other large unicorns successfully list and meet the relevant conditions in the future, they will have the opportunity to enter the index more quickly. Recently, the focus of U.S. stock investment has shifted from how much Big Tech is spending on AI capital expenditure to whether AI can actually translate into revenue and profit. As large technology companies continue to invest in AI infrastructure, demand for high-performance computing, advanced semiconductors, cloud services and data centers still has room to grow, although technology stocks may still fluctuate in the short term due to corporate earnings, interest rate policy and valuations, and investors can deploy in batches or via regular fixed-amount investment to reduce the risk of entering at a single point in time.