Focus Taiwan
Date: 2016/11/05
By: Tien Yu-pin and Frances Huang

Taipei, Nov. 5 (CNA) The equity market in Taiwan provides investors with a wide range of exchange traded funds (ETFs), including leveraged and inverse ETFs, in a bid to help them pursue profits or hedge risks, according to the Taiwan Stock Exchange (TWSE).

In addition to ETFs that track equities, the TWSE, which operates the local main board, said existing ETF products also includes those that track the trading of commodities such as crude oil and gold. With the help of such a comprehensive ETF product line, investors have more flexibility on the trading floor, the TWSE added.

In 2015, Taiwan was the first market in the greater China area to launch ETFs that tracked movements in the price of crude oil and gold. Hong Kong followed suit this year when it introduced ETFs that track crude oil prices.

Moreover, in 2016, Taiwan unveiled leveraged and inverse ETFs to track commodities, indicating that the local equity market is leading the way in the development of an ETF market in the greater China area, the TWSE said.    [FULL  STORY]