TIP Customized Taiwan Momentum Leaders 50 Index

Overview

The TIP Customized Taiwan Momentum Leaders 50 Index (abbr. "TIP Taiwan Momentum Leaders 50 Index") is constructed using TWSE- and TPEx-listed stocks as its selection universe. From the top 150 stocks by market capitalization, the index applies a liquidity screen and then selects 50 constituents based on their beta values relative to the Taiwan Stock Exchange Capitalization Weighted Stock Total Return Index. The index aims to reflect the performance of a portfolio of mid- and large-cap stocks with relatively high sensitivity to market return movements.