The Taiwan Monthly
Market & ETP Overview
"Honor 20 ETF Launches Wealth Expo" marks enthusiastic participation, inclusive of TWSE's international forum exploring ETF development opportunities"
Coinciding with the 20th anniversary of ETF listings, the Taiwan Stock Exchange (the TWSE) held the "Honor 20 ETF Launches Wealth Expo" on August 11-12. The expo featured abundant activities and rich exhibition content, successfully garnering enthusiastic participation from more than 20,000 visitors. The main pavilion showcased the significant milestones of Taiwan's ETF market over the past 20 years, and helped investors understand the complete ETF ecosystem, as well as diverse products and services offered by the TWSE and securities and futures peripheral institutions. In addition, plenty of domestic fund managers and securities professionals proactively took part in the exhibition, and put in their best efforts to interact and engaged with the public.
Dozens of informative seminars and various activities were conducted over the two days with an aim to promote wider dissemination of ETF investment and financial knowledge, while also exploring the latest ETF developments and envisioning a new chapter for Taiwan's ETF market. The most noteworthy was the international forum on ETFs which took place on the morning of August 11, inviting foreign exchanges and international index companies to collectively explore the future trends of ETFs and indices. The international forum attracted more than 150 guests from the asset management and securities industries to participate in the event.
Mr. Lih-Chung Chien, President of the TWSE emphasized that Rome wasn't built in a day. The remarkable achievements of the ETF market's 20-year development are the result of the collective efforts of regulatory authorities, the TWSE, and industry players. They have diligently cultivated the ETF market, driving product diversification. Currently, there are over 230 ETFs, with a total AUM surpassing NT$3 trillion, and the number of beneficiaries has exceeded 6.5 million, making ETF investment a new national movement. He expressed the hope that through forum discussions, more innovative products could be generated, leading everyone to look towards the future and write a new chapter in Taiwan's ETF market history.
Dr. Albert Chou, Vice President of Corporate Planning & Strategy Department, TWSE, highlighted that Taiwan's ETF market has experienced steady growth in terms of both the number of ETFs and their scale. Notably, the rapid growth of fixed income ETFs was observed, with an increase in demand for "stable dividend" investments since the exemption of the securities transaction tax for bond ETFs in 2017. This has led to a swift rise in the number of investors holding bond-related thematic ETFs.
Furthermore, the TWSE launched the ETF integration information platform "ETFortune" on August 11, 2023. This platform employs visual analytical tools to consolidate market statistics, providing the latest information on ETF products and investment-related multimedia content. Investors can also utilize quantitative or qualitative indicators to swiftly filter through ETF screener.
The international forum consisted of two panel discussions. The first one was titled "Unveiling the Next Generation of Global ETFs," which had invited representatives from the HKEX, KRX, JPX, and Nasdaq. They shared insights on the current state and future trends of their respective markets, with a primary focus on innovative ETFs.
The second panel was titled "The Evolution of Index Investing: Opportunities and Challenges in a Changing Landscape." Representatives from FTSE Russell, ICE, MSCI, and S&PDJI engaged in a meaningful discussion about the innovative trends and applications of index investing.
For more details about this forum, please refer to the following link: TWSE Press Release - Taiwan Stock Exchange Corporation
For further question, please contact Ms. Chang at 1078@twse.com.tw.