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Home » Products/Services » Securities » Exchange Traded Funds » Lyxor ETF MSCI Taiwan

 

Lyxor ETF MSCI Taiwan


Lyxor ETF MSCI Taiwan-   -
Current Indicative Net Asset Value *+ (iNAV or IOPV) 1.14
* 15-mins delayed
+ merely indicative

 

Date of Listing

1 March 2007

 

Trading Name

LYXOR TAIWAN 10US$

Benchmark

MSCI Taiwan Index

 

Trading Currency

USD

Fund Manager

Lyxor International Asset Management

 

Trading Board Lot

10 units

Custodian

Societe Generale

 

Market Maker

Yes

 

Management Fees

0.65% per annum

 

Bloomberg Code

TWN SP <Equity>

Brokerage Fees

0.25 to 0.5% per transaction

(depends on broker)

 

Reuters Code

LTWN.SI

Sales Charge

Nil

 

Dividends

Annually (if any)

 

Click on these links for more information

Fund Website

Index Website

Daily Fund Values

Click on these links to download

Fund Prospectus

Fund Factsheet

Fund Annual Report

 

Lyxor MSCI Taiwan ETF

Lyxor ETF MSCI Taiwan offers investors a unique opportunity to gain instant exposure to Taiwan through a well-established globally recognized index. The investment objective of the ETF is to achieve results that closely correspond to the performance of MSCI Taiwan Index insofar as possible minimizing the tracking error between the ETF performance and that of the Index.

 

Key Investor Benefits

1. Instantly benefit from the increasing global demand in technology products

  • As the world leader in IC design and Semiconductors, Taiwan will benefit from increasing global demand for technology products.
  • Taiwan’s IC design industry represents a 22.1% of the global market, second only to the US; Taiwan’s semi-conductor represents 15.92% of the global market.

2. Leverage play on technology growth

  • MSCI Taiwan is highly correlated with NASDAQ. Correlation of 78% since 2001.
  • Outperforms the NASDAQ index by 40% since 2001.

3. Capture the Greater China investment opportunities

  • Taiwan and China becomes closer economic partners in terms of resources, market, FDI and technology know-how.
  • Achieve cost leadership in technology sector by setting up manufacturing base in China.

4. Achieve diversification

  • Invest in a portfolio of prominent Taiwanese stocks
  • Eliminate single stock or fund risk with a broader-based exposure

 

Fund Manager – Lyxor International Asset Management

Lyxor International Asset Management is a wholly-owned subsidiary of Societe Generale, belonging to the Corporate and Investment Banking arm of the Group. Lyxor AM offers the best in financial innovation and specializes in three businesses: structured alternative investments, structured funds, and index tracking for retail investors, institutional investors, management professionals and distribution networks for financial products.

 

The Benchmark – MSCI Taiwan Index

The MSCI Taiwan Index is a free-float weighted equity index representing about 105 companies with combined market capitalization of TWD 14 trillion. It was developed with a base value of 100 as of 31 December 1987.

Companies in the Index

As at 5 March 2007

ACCTON TECHNOLOG

FORMOSA CHEM & F

POWERCHIP SEMI

ACER INC

FORMOSA PETROCHE

PRESIDENT CHAIN

ADVANCED SEMICON

FORMOSA PLASTIC

QUANTA COMPUTER

ADVANTECH CO LTD

FORMOSA TAFFETA

REALTEK SEMI

ASIA CEMENT CORP

FOXCONN TECHNOLO

RITEK CORP

ASIA OPTICAL CO

FU SHENG IND

SHIN KONG FINANC

ASUSTEK COMPUTER

FUBON FINANCIAL

SILICONWARE PREC

AU OPTRONICS COR

FUHWA FINANCIAL

SINOPAC FINANCIA

BENQ CORP

GIANT MANUFACTUR

SYNNEX TECH INTL

CATCHER TECH

GIGABYTE TECH

TAISHIN FINANCIA

CATHAY FINANCIAL

HANNSTAR DISPLAY

TAIWAN CEMENT

CATHAY REAL ESTA

HIGH TECH COMPUT

TAIWAN FERTILIZE

CHANG HWA BANK

HON HAI PRECISIO

TAIWAN GLASS IND

CHENG SHIN RUBBE

HUA NAN FINANCIA

TAIWAN MOBILE CO

CHENG UEI

INNOLUX

TAIWAN SECOM

CHI MEI OPTOELEC

INVENTEC APPLIAN

TAIWAN SEMICONDU

CHINA AIRLINES

INVENTEC CO LTD

TATUNG CO LTD

CHINA DEVELOPMEN

KINPO ELEC INC

TECO ELEC & MACH

CHINA MOTOR CORP

LARGAN PRECISION

U-MING MARINE

CHINA STEEL CORP

LITE-ON TECHNOLO

UNI-PRESIDENT

CHINATRUST FINAN

MACRONIX INTL

UNITED MICROELEC

CHUNGHWA PICTURE

MEDIATEK INC

VIA TECH INC

CHUNGHWA TELECOM

MEGA FINANCIAL H

WALSIN LIHWA

CMC MAGNETICS

MICRO-STAR INTL

WAN HAI LINES

COMPAL COMMUNICA

MITAC INTL

WATERLAND FINANC

COMPAL ELECTRON

NAN YA PLASTICS

WINBOND ELECTRON

COMPEQ MFG CO

NAN YA PRINTED

WINTEK CORP

DELTA ELECT INC

NIEN MADE ENT

YA HSIN INDUS

D-LINK CORP

NOVATEK MICROELE

YAGEO CORP

E.SUN FINANCIAL

OPTIMAX TECH COR

YANG MING MARINE

ETERNAL CHEMICAL

ORIENTAL UN.CHEM

YIEH PHUI ENTERP

EVA AIRWAYS CORP

PHOENIX PRECIS

YUANTA CORE PAC

EVERGREEN MARINE

PHOENIXTEC POWER

YUEN FOONG YU PA

FAR EASTERN TEXT

POLARIS SEC CO

YULON MOTOR CO

FIRST FINANCIAL

POU CHEN

ZYXEL COMMUN

 

Historical Price Chart of the Index and ETF

For interactive charting, please click here.

 

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Disclaimers:

A full description of the Lyxor ETF is set out in its Prospectus issued by Lyxor International Asset Management, the responsible person for the Lyxor ETF in Singapore. The Prospectus of the Lyxor ETF is available from RBC Dexia Trust Services Singapore Limited (Registration Number 199504677Z), the Singapore representative of the Lyxor ETF. All applications for units in the Lyxor ETF must be made on the application form accompanying the Prospectus. Past performance or any forecast is not necessarily indicative of future or likely performance. This document is published for information and general circulation only and does not have regard to the specific investment objectives, financial situation and the particular needs of any specific person. The value of units in the Lyxor ETF and the income accruing to the units, if any, may rise or fall. Potential investors should read the Prospectus of the Lyxor ETF before deciding whether to invest in the units of the Lyxor ETF, and should seek advice from a financial adviser regarding the suitability of the investment product or consider carefully whether the Lyxor ETF is suitable for him before investing. Investors may only redeem units with Lyxor International Asset Management under certain specified conditions. The listing of the units of the Lyxor ETF does not guarantee a liquid market for the units. The information contained herein is provided by Société Générale, the Singapore marketing representative of the Lyxor ETF.  Any reference to Lyxor International Asset Management is a reference to such company solely in its capacity as the manager of the Lyxor ETF. Lyxor International Asset Management carries on fund management work outside Singapore and neither carries on business nor offers any services in Singapore.  Please refer to the Prospectus for disclaimers on the Hang Seng Index.

Please note that the Lyxor ETF may make use of financial derivative instruments negotiated over-the-counter for efficient portfolio management and/or hedging purposes. Investors should refer to the Prospectus for more information.