Taiwan Fund Monthly Insights – February 2023

March 31, 2023

The TWSE Total Return Index rose 0.08% in February 2023, in US dollar terms. The top three performing industry groups were Technology Hardware & Equipment, Capital Goods and Transportation. The top three underperforming industry groups were Semiconductors & Semiconductor Equipment, Retailing and Insurance. The Taiwan TPEx Exchange Index, (“TWOTCI”, the over-the-counter index) rose 4.20% in February.