Polaris International Investment Trust Corporation (Polaris) will use the TSE Taiwan Mid-Cap 100 Index and Fubon Investment Trust Corporation (Fubon) will use the TSE Taiwan Technology Index, both calculated by FTSE, as the basis of ETFs to be listed on the Taiwan Stock Exchange (TSE).
Product issuers are increasingly using FTSE tradable indices as the basis for ETFs and other indexed derivative products. Worldwide, FTSE indices are already supporting sixteen ETFs in a range of asset classes on stock exchanges such as NYSE, LSE, Euronext and HKEx.
Mark Makepeace, Chief Executive, FTSE Group commented: “These new licenses demonstrate FTSE’s skill in developing index solutions in line with global investor needs. We’re proud to be selected as an index partner again by these leading investment houses.”
More information about FTSE’s suite of index products is available at www.ftse.com
