TIP FactSet Taiwan Innovative Technology 50 Total Return Index

Overview

TIP FactSet Taiwan Innovative Technology 50 Index (abbr., “Taiwan Innovative Technology 50”) using Taiwan-listed common stocks and FactSet's Revere Business Industry Classification System (RBICS) industry classification. The index selects companies with revenues that conform to core technology concepts and pass liquidity tests, as well as standards for size and information disclosure. The index further selects eligible stocks based on indicators such as R&D innovation, stock price momentum, and profitability, and then selects the top 50 stocks according to their market capitalization. This index recognizes the performance of investment portfolio in the technology sector that continues to innovate.