The results of the largest ETF split proposal in history have been announced! Yuanta Taiwan 50 (0050) passed the split with a vote of 94.2% on the 24th, planning to split the shares by 4 times. Trading will be suspended from June 11 to 17, with resumption on June 18 for trading, subscription, lending, and transfer.

0050 is the first ETF in Taiwan's stock market, established on June 25, 2003, with an issuing price of NT$36.98. The split will change 1 share into 4, leading to an estimated cost of 40,000 NT dollars for one share of 0050 in the future. The split price will not be lower than the issuing price, with the net asset value per share divided by 4 and the number of shares held by investors multiplied by 4, keeping the total asset value unchanged.

Yuanta Investment Trust stated that the actual split ratio will be officially announced on May 14, with the net value split happening on June 11, and after trading resumes on June 18, investors can check the post-split stock price and the number of shares through the securities APP. 0050 has already become an important core target for long-term investment and asset allocation among the public. The timely split will bring the trading price back to a market-friendly range, facilitating participation from younger and small-scale investors.

According to statistics from the Taiwan Securities Depository and Clearing Corporation and the Stock Exchange, as of the week of April 18, 2023, the investor count for 0050 increased by 313,000 persons this year, with a cumulative net subscription amount reaching NT$130.3 billion by April 23, while by the end of March, the number of regular investment accounts reached 356,000, indicating its popularity surpassing other ETFs.

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