Taiwan Equities Rise 1811 Points, Funds Gain 1178 Hundred Million Yuan in Single Month
Taiwan equities performed strongly in September, rising 1811 points in a single month, up about 3.93%. Supported by sustained trading volume, the labor funds posted two straight gains, with a September gain of 1178 hundred million yuan. As of the end of September, the overall labor fund scale was 9 trillion 2109 hundred million yuan, with gains of 2 trillion 4405 hundred million yuan and a cumulative yield of 30.73%. Both the gain amount and yield rose for two consecutive months, with combined gains over the two months reaching 4845 hundred million yuan.
New Labor Pension Tops 6 Trillion, Average Distribution of 13.01 Ten Thousand Yuan per Worker
The New Labor Pension fund scale reached 6 trillion 622 hundred million yuan, with a yield of 30.43% and gains rising to 1 trillion 7044.2 hundred million yuan. Based on the current 1310 ten thousand effective accounts eligible for distribution, each worker will receive an average distribution of 13.01 ten thousand yuan. The Old Labor Pension fund scale was 1 trillion 2117 hundred million yuan, with a yield of 44.16%. The Labor Insurance fund scale was 1 trillion 6812 hundred million yuan, with a yield of 27.14%; the Employment Insurance fund scale was 1902 hundred million yuan, with a yield of 2.73%; the Occupational Accident Insurance fund scale was 387 hundred million yuan, with a yield of 1.51%; and the Wage Arrears Repayment fund scale was 269 hundred million yuan, with a yield of 17.33%. The National Pension Insurance fund entrusted by the Ministry of Health and Welfare was 9144 hundred million yuan in scale, with a yield of 29.57%; the Farmer Retirement fund entrusted by the Ministry of Agriculture was 325 hundred million yuan in scale, with a yield of 40.72%. In terms of long-term performance, the average yields over the past 10 years for the overall labor funds and the national pension fund were 12.20% and 12.32% respectively, and the average yields over the past 5 years were 15.58% and 15.39% respectively.
AI Stocks Provide Support, Funds Concentrated in Electronics Heavyweights
According to the Bureau of Labor Funds analysis, tense conditions in the Middle East pushed up international energy prices, aggravating global inflation and economic growth concerns. The U.S. Federal Reserve resumed interest rate hikes to curb inflation, driving a stronger U.S. dollar and higher U.S. Treasury yields, increasing uncertainty in global financial markets. International equities were mixed, with some markets under valuation-correction pressure, although AI-related stocks remained supportive. In Taiwan, benefiting from strong semiconductor and AI supply-chain demand, the index oscillated at high levels, with intraday swings widening, and funds concentrated in a few China Electrictronics heavyweights, reflecting divergence in market structure. The Bureau of Labor Funds noted that global financial markets continue to face multiple challenges including geopolitical conflicts, inflationary pressures, and monetary policy tightening, and the labor funds will continue to maintain a steady pace, focusing on long-term investment returns.