95 ETFs, Beneficiaries Hit New Highs for Two Consecutive Weeks
According to TDCC shareholding distribution statistics as of October 22, with the listing of 00415A last week, the number of Taiwan stock ETFs reached a record high of 95, with beneficiaries up 329,000 on the week to 19,581,100 in total, a record high for 2 consecutive weeks, up 7,406,620 since the beginning of the year. By individual fund, a total of 26 funds including 00415A, 00406A, 0050, 00919, 00927, 0056, 00985A saw beneficiary counts hit new highs simultaneously, with actively managed, market-cap, and high-dividend types relatively popular.
Legal Entities: Stock Picking Is Difficult, ETFs Diversify Risk
Market legal entities said the outlook for Taiwan stocks is not bearish, and it is difficult for general investors to pick stocks on their own. Investing through Taiwan stock ETFs can effectively diversify single-stock risk and participate in future upside opportunities in Taiwan stocks. The actively managed Taiwan stock ETF research team of Capital Investment Trust said that in addition to fundamentals, Taiwan stocks are mainly influenced by international stock markets and foreign investor movements, with the focus remaining on picking stocks rather than the market. In recent years, the AI wave has reshaped Taiwan's industrial structure, with large technology leading stocks becoming the core of market growth, making the advantages of market-cap investing even more prominent. Aggressive investors are advised to choose actively managed market-cap ETFs that flexibly target strong groups and future growth trends, while conservative investors can use relatively stable and shock-resistant high-dividend ETFs to bring balanced risk benefits to their portfolios.
Actively Managed ETFs Focus on Three Pillars and AI Supply Chain
許育誌, manager of Capital Core 50 Active (00415A), said Taiwan stocks are expected to show stock-picking-rather-than-market performance ahead, recommending selecting the top 50 core Taiwan stocks along three main axes, including currently strong leading stocks with resilient profitability, heavyweight trending (quasi-)thousand-gold stocks born of the AI wave, and future leading stocks with business opportunity themes, to capture Taiwan's core competitiveness strategy. Overall, Taiwanese manufacturers play key technology supply and component manufacturing roles across the upstream, midstream, and downstream of the global technology chain, including wafer foundry, PCB-CCL, packaging and testing, and power supplies, and are expected to continue to benefit. Investors are advised to capture the market through actively managed Taiwan stock ETFs covering current market-cap leaders and quality thousand-gold stocks with both profitability and competitiveness, as well as future leading stocks with strong themes and potential growth momentum.
Bullish on Semiconductors and AI Application Groups
謝明志, ETF manager of Capital Semiconductor Income (00927) and Capital Taiwan Select High Dividend ETF (00919), said investment布局 can focus on industry leaders with solid fundamentals and moat advantages,把握 long-term AI growth momentum, and continue to monitor the AI technology iteration cycle to position early for short-term thematic breakout opportunities. He remains bullish on semiconductor advanced processes, semiconductor equipment, and communications groups, as well as AI applications and productivity-enhancing groups. Taiwan stock fundamentals are supported, and in the long run, each pullback is a布局 opportunity for medium- to long-term growth.