Taishin Securities Investment Trust has announced the launch of the Taishin Japan Semiconductor ETF, set to start fundraising on July 8. This ETF, focusing on the Japanese semiconductor industry, is the first of its kind in Taiwan to offer an income-equalization pricing model with an initial price of NT$10.
Ye Zhujun, General Manager of Taishin Securities Investment Trust, highlighted the expertise of Intercontinental Exchange, Inc. (ICE), a Fortune 500 company with over 50 years of experience in index services and a market value of approximately US$2 trillion. The Taishin Japan Semiconductor ETF will track the NYSE FactSet Japan Semiconductor Index, compiled by ICE, marking a significant first for the Taiwanese market.
Magnus Cattan, Executive Vice President of ICE Asia Pacific, emphasized that the NYSE FactSet Japan Semiconductor Index provides a reliable benchmark, capturing the performance of Japan’s semiconductor industry, from manufacturing to materials.
Huang Yumin, manager of the ETF, noted the explosive growth of the global semiconductor market driven by AI, high-speed computing, and automotive upgrades, with expectations of the market exceeding US$1 trillion by 2030. Japanese semiconductor equipment companies like Tokyo Electron, Screen, Advantest, and Disco are at the forefront, competing closely with their U.S. counterparts.
The ETF will include 50 carefully selected stocks, focusing on top companies such as Renesas Electronics, Advantest, Disco, and NX Semiconductor. Huang also highlighted the Japanese government’s “Japan Semiconductor Revitalization Plan,” which includes attracting foreign investments like TSMC and encouraging local companies to develop advanced technologies.
This strategic move by Taishin Securities Investment Trust underscores the long-term potential of the Japanese semiconductor industry, reflecting a promising outlook for investors.
