Billion-dollar Bets: Major Public Funds Invest 9.8 Billion in 0056, Plus Additional 5.2 Billion in Popular High-Dividend ETFs

According to recent reports, Taiwan's stock market closed last week (May 19-23) at 21,652.24 points, down 191.45 points or 0.88%. As per statistics from 'Wanggu.com', major public funds made notable purchases in ETFs over the last five days, particularly in Yuan Da High Dividend (0056), benefiting from the Shanghai Containerized Freight Index (SCFI), which has risen for three consecutive weeks. Analysts anticipate that container shipping rates will increase over the next several months, potentially boosting overall profit growth in Q3. Last week, the major public funds collectively purchased 28,534 lots of 0056, amounting to 9.8 billion.
Furthermore, these funds also increased their stakes in two popular high-dividend ETFs, namely Cathay Sustainable High Dividend (00878) and KGI Taiwan Selected High Dividend (00919), investing an additional 5.2 billion and acquiring 24,242 lots. Overall, among the top ETFs bought by the public funds, Yuan Da High Dividend (0056) ranked first, followed by Fuhua FTSE Real Estate (00712) and Cathay Sustainable High Dividend (00878).