Taiwan Fund Monthly Insights - March, 2024

April 26, 2024

The Taiwan TAIEX Total Return Index, (the “Benchmark”) rose 5.91% in March 2024, in US dollar terms. The top three outperforming industry groups were Commercial & Professional Services, Technology Hardware & Equipment and Semiconductors & Semiconductor Equipment. The top three underperforming industry groups were Energy, Consumer Discretionary Distribution & Retail and Transportation.