View source for Taiwan Top50 Tracker Fund

{{Infobox company
| name = Taiwan Top50 Tracker Fund <br /> 元大寶來台灣卓越50
| logo =
| type = [[Mutual fund|Fund]]
| traded_as = ({{TSE|0050}}, {{sehk|3002}}) ({{zh|c=台灣50}})
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| foundation = 2003
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| location_city = [[Taipei]]
| location_country = [[Taiwan]]
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{{Infobox company
| name = Fubon FTSE TWSE Taiwan 50 ETF <br /> 富邦台灣采吉50基金
| logo =
| type = [[Mutual fund|Fund]]
| traded_as = ({{TSE|006208}}, ({{zh|c=FB台50}})
| genre =
| foundation = 2012
| founder =
| location_city = [[Taipei]]
| location_country = [[Taiwan]]
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}}
The '''Taiwan Top50 Tracker Fund''' or '''TTT'''  is an [[exchange-traded fund]] holding [[Taiwan]] stocks. The fund tracks the FTSE TWSE Taiwan 50 Index.<ref>[http://www.twse.com.tw/en/products/securities/ETF/variety.php Specification of Taiwan Top50 Tracker Fund (TTT)]</ref>
== History ==
On August 19, 2009, Taiwan 50 (HKEx: 3002) was listed on the Hong Kong Stock Exchange, becoming the first Taiwan ETF with cross-border listing in Hong Kong.<ref>{{Cite web |title=寶來台灣卓越50基金今港掛牌 |url=http://www.881903.com/Page/ZH-TW/newsdetail.aspx?ItemId=150448 |archive-url=https://web.archive.org/web/20200330014340/https://www.881903.com/Page/ZH-TW/newsdetail.aspx?ItemId=150448 |archive-date=2020-03-30 |accessdate=2011-06-20 |url-status=live}}</ref>
On October 20, 2010, Taiwan Futures Exchange (TFE) announced Taiwan 50 as a marketable security for margin calls on futures transactions.<ref>{{Cite web |title=台灣50ETF 可做抵繳期貨保證金標的 |url=https://68traders.com/%e5%8f%b0%e7%81%a350-etf-0050/ |archive-url=https://web.archive.org/web/20201123184424/https://68traders.com/%E5%8F%B0%E7%81%A350-etf-0050/ |archive-date=2020-11-23 |accessdate=2020-05-02 |url-status=live}}</ref> After going ex-dividend on October 25 of the same year, the Taiwan 50 completed its dividend fill in 11 trading days, as foreign investors targeted large-capitalization stocks for buying.<ref>[http://www.bcc.com.tw/news/newsview.asp?cde=1334378 外資狂買大型股　台灣五十ETF11天就填息]{{dead link|date=August 2023|bot=InternetArchiveBot|fix-attempted=yes}}</ref><ref>{{Cite web |title=高價股當道 買ETF搭上股王列車 |url=http://mag.chinatimes.com/mag-cnt.aspx?artid=5714&page=1 |archive-url=https://web.archive.org/web/20120111062746/http://mag.chinatimes.com/mag-cnt.aspx?artid=5714&page=1 |archive-date=2012-01-11 |access-date=2010-11-19 |url-status=dead}}</ref>
After the Lunar New Year in 2011, foreign investors sold a lot of Taiwan stocks, and the proportion of foreign investors in the Taiwan 50 dropped drastically, but local corporations entered the market at a low price, and the total size of the fund grew against the trend.<ref>[http://money.chinatimes.com/news/news-content.aspx?id=20110307000157&cid=1203 兩大權值ETF 土洋法人對作]{{Dead link|date=August 2023|bot=InternetArchiveBot|fix-attempted=yes}}</ref> In June of the same year, foreign investors applied for conversion of their holdings into Taiwan 50s to avoid participating in the ex-dividend for equity shares and avoiding the 20% capital gains tax.<ref>{{Cite web |title=外資躲進台灣50 避稅避險 |url=http://udn.com/NEWS/FINANCE/FIN4/6462589.shtml |archive-url=https://web.archive.org/web/20110718103940/http://udn.com/NEWS/FINANCE/FIN4/6462589.shtml |archive-date=2011-07-18 |accessdate=2011-07-17 |url-status=live}}</ref> In August of the same year, when Taiwan stocks fell hard, the Taiwan 50 became the first choice of the government stock banks to protect their stocks, and on August 9, it recorded a huge turnover of 137,654 shares.<ref>[http://news.cnyes.com/Content/20110805/KDYJHGKMEAXI2.shtml?c=tw_stock 官股行庫銀彈滿滿！護盤指標首選台灣50]{{dead link|date=August 2023|bot=InternetArchiveBot|fix-attempted=yes}}</ref><ref>[http://tw.stock.yahoo.com/news_content/url/d/a/110809/3/2q7x1.html 《台北股市》護盤！台灣50爆13.76萬張天量]{{dead link|date=August 2023|bot=InternetArchiveBot|fix-attempted=yes}}</ref>
==Top 10 holdings==
*[[Taiwan Semiconductor Manufacturing Company]]
*[[Hon Hai Precision Industry]]
*[[MediaTek]]
*[[Formosa Plastics]]
*Nan Ya Plastics ([[Formosa Plastics Group]])
*[[Chunghwa Telecom]]
*Formosa Chemicals & Fibre ([[Formosa Plastics Group]])
*[[Cathay Financial Holding]]
*[[Delta Electronics]]
*[[China Steel]]
<small>(as of Jan. 2014)</small>
==External links==
*[https://finance.yahoo.com/q?s=0050.TW&ql=0 Yahoo! Finance page for 0050.TW]
*[https://finance.yahoo.com/q?s=006208.TW&ql=0 Yahoo! Finance page for 006208.TW]
*[https://www.bloomberg.com/quote/0050:TT Bloomberg page for 0050:TT]
*[https://www.bloomberg.com/quote/006208:TT Bloomberg page for 006208:TT]
==References==
{{reflist}}
[[Category:Finance in Taiwan]]
[[Category:Taiwanese stock market indices]]
[[Category:Companies listed on the Taiwan Stock Exchange]]
[[Category:Companies listed on the Hong Kong Stock Exchange]]
[[Category:Exchange-traded funds]]
[[Category:Financial services companies established in 2003]]
{{Taiwan-company-stub}}