Taiwan’s Largest ETF Set for Record Inflow, Defying War Angst
Taiwan’s largest equity exchange-traded fund is on track for record inflows this month, as domestic investors defy the global turmoil sparked by the Iran war and pile into the technology-heavy product.
The Yuanta/P-shares Taiwan Top 50 ETF listed on the Taiwan Stock Exchange has lured a net NT$140 billion ($4.4 billion) so far in March, eclipsing the previous all-time high of $2.9 billion in November, according to data compiled by Bloomberg. That’s even as foreign investors have been sellers this month.