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00668K

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1d
1w
1m

Analysis and statistics

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About

00668K.TW represents the Fubon Taiwan Investment Grade Corporate Bond ETF. This Exchange Traded Fund (ETF), listed on the Taiwan Stock Exchange, primarily invests in a portfolio of investment-grade corporate bonds issued in Taiwan. Its objective is to track the performance of the Bloomberg Taiwan Corporate Bond Index, providing investors with exposure to the local corporate bond market while offering relatively lower risk compared to equity investments.
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Factors

Underlying Assets' Performance: The price mirrors the performance of the bonds it holds. Rising bond prices generally increase the ETF's price, while falling bond prices decrease it.

Interest Rate Changes: Rising interest rates typically cause bond prices to fall, decreasing the ETF's value, and vice versa.

Supply and Demand: Higher demand than supply can push the price above its net asset value (NAV). Conversely, high supply relative to demand can pull the price below the NAV.

Market Sentiment: General investor optimism or pessimism toward the bond market influences buying and selling pressure, thereby impacting the ETF's price.

Credit Risk of Holdings: Downgrades or concerns about the creditworthiness of the bonds held in the fund can negatively affect the ETF's price.

Expense Ratio: The ETF's management fees reduce the return, indirectly affecting its price compared to similar ETFs with lower expenses.

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