Taiwan Fund Monthly Insights – October 2023
December 06, 2023The Taiwan TAIEX Total Return Index, (the “Benchmark”), declined 2.62% in October 2023, in US dollar terms, with electronics again continuing to lead the decline. The top three outperforming industry groups were Commercial & Professional Services, Semiconductors & Semiconductor Equipment and Telecommunication Services. The top three underperforming industry groups were Technology Hardware & Equipment, Transportation and Capital Goods.