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00720B

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--%
1d
1w
1m

Analysis and statistics

  • Open
    33.6059$
  • Previous Close
    33.0401$
  • 52 Week Change
    --
  • Day Range
    0.57$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

00720B.TWO represents Cathay Pacific Taiwan Select Dividend Plus ETF, an exchange-traded fund listed on the Taiwan Stock Exchange (TWO). This ETF aims to track the performance of the FTSE TWSE Taiwan Dividend+ Index, which comprises Taiwanese companies with relatively high dividend yields and good financial health. The fund seeks to provide investors with exposure to a portfolio of dividend-paying stocks in Taiwan, offering potential income and capital appreciation.
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Factors

Fund Composition: 00720B.TWO tracks a specific index, thus changes in the prices of the underlying bonds significantly impact its price.

Interest Rate Movements: Bond prices are inversely related to interest rates. Rising interest rates typically decrease the ETF's price, while falling rates can increase it.

Credit Risk: Changes in the creditworthiness of the bond issuers within the ETF's portfolio affect its value. Downgrades can lead to price declines.

Market Sentiment: Overall investor sentiment towards the bond market influences demand and supply, thus affecting the ETF's price.

Supply and Demand: Increased demand for the ETF can drive up its price, while higher supply can lower it. Market makers play a role in balancing this.

Expense Ratio: Although not a direct price driver, the ETF's expense ratio impacts the overall return investors receive. A higher ratio can make it less attractive.

Inflation Expectations: Rising inflation erodes the value of fixed-income investments, potentially leading to lower prices for the ETF.

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