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00878

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

Analysis and statistics

  • Open
    21.0274$
  • Previous Close
    20.9889$
  • 52 Week Change
    --
  • Day Range
    0.04$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

The ETF with the financial product symbol 00878.TW refers to the Cathay Sustainable High Dividend ETF, a Taiwanese ETF that tracks the performance of a basket of stocks with high dividend yields and good ESG (Environmental, Social, and Governance) ratings. It focuses on providing investors with a combination of income and sustainable investing principles.
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Factors

Underlying Index Performance: The price of 00878.TW is heavily influenced by the performance of the underlying index it tracks, the MSCI Taiwan ESG Broad Corporate Bond Index. Higher bond prices in the index generally lead to a higher ETF price.

Interest Rate Changes: Rising interest rates typically cause bond prices to fall, negatively impacting the 00878.TW ETF. Conversely, falling interest rates can boost bond prices and the ETF's price.

Credit Quality: The creditworthiness of the bonds within the index affects the ETF. Downgrades to the credit ratings of the underlying bonds can lead to a price decrease.

Supply and Demand: Market demand for 00878.TW shares can also affect its price. Higher demand can drive the price up, while increased selling pressure can lower it.

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