Taiwan Fund Monthly Insights - September, 2025

The Taiwan’s equity market returns reflected the optimism in the market in September. The Taiwan TAIEX Total Return Index, (the “Benchmark”) increased by 7.11% in September 2025 in U.S. dollar terms, outperforming regional peers on the strong demand for artificial intelligence (“AI”) and electronic component related stocks. Semiconductors & Semiconductor Equipment, Technology Hardware & Equipment and Insurance were the best performing industry groups. During the month, the poorest performing industry groups were Capital Goods, Software & Services and Transportation.