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00890B

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

Analysis and statistics

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About

The ETF with the financial product symbol 00890B.TWO refers to the Fubon Taiwan Technology Momentum ETF. This ETF, traded on the Taiwan Stock Exchange (TWSE), aims to track the performance of the FTSE Taiwan Technology 30/18 Capped Index. The index measures the performance of a selection of technology companies listed on the TWSE, weighted according to their market capitalization and momentum factors, while also applying capping to limit concentration in any single stock. The ETF provides investors with a way to gain exposure to a portfolio of Taiwanese technology stocks that exhibit positive momentum characteristics.
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Factors

Underlying Index Performance: The ETF's price closely mirrors the performance of the underlying index it tracks, meaning gains or losses in the index directly impact the ETF's value. Supply and Demand: High demand for the ETF typically drives its price up, while increased selling pressure can lead to price declines. Net Asset Value (NAV): The NAV, calculated by dividing the total value of the ETF's holdings by the number of outstanding shares, serves as a benchmark for its fair value, influencing its market price. Expense Ratio: The ETF's expense ratio, representing the annual cost of managing the fund, can subtly affect its overall returns and attractiveness to investors. Market Sentiment: Broader market trends and investor sentiment can influence the ETF's price, regardless of its underlying holdings or fundamental value.

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