Taiwan Fund Monthly Insights - January, 2024

February 27, 2024

The Taiwan TAIEX Total Return Index, (the “Benchmark”) declined 2.10% in January 2024, in U.S. dollar terms. The top three outperforming industry groups were Utilities, Semiconductors & Semiconductor Equipment and Software & Services. The top three underperforming industry groups were Consumer Discretionary Distribution & Retail, Energy and Financial Services.