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00788B

$--
--%
1d
1w
1m

Analysis and statistics

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About

00788B.TWO represents the Cathay ESG Sustainable High Yield Bond ETF, traded on the Taiwan Stock Exchange (TWO). This exchange-traded fund primarily invests in a portfolio of high-yield bonds issued by companies that meet certain environmental, social, and governance (ESG) criteria. The fund aims to provide investors with a combination of income and potential capital appreciation by tracking the performance of a relevant ESG-focused high-yield bond index.
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Factors

Underlying Index Performance: 00788B.TWO tracks a specific index. The ETF's price largely mirrors the performance of the assets within that index.

Supply and Demand: Increased demand for the ETF pushes its price up, while increased selling pressure lowers it.

Management Fees & Expenses: These costs indirectly affect the ETF's price, as they reduce the overall return over time.

NAV (Net Asset Value): The NAV reflects the combined value of the ETF's holdings. Deviations between the ETF price and its NAV can occur, but arbitrage mechanisms usually keep them aligned.

Currency Exchange Rates: If the ETF holds assets denominated in foreign currencies, fluctuations in exchange rates can impact its price.

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