Fuh Hwa Taiwan New Star Active ETF (00418A-TW) officially listed and began trading today on the 11th. The ETF opened in positive territory on its debut day, with the intraday stock price reaching a high of 10.21 yuan. Within the first ten minutes of trading, the trading volume surpassed 130,000 shares, securing the top position in overall Taiwan stock market trading volume. According to Fuh Hwa Investment Trust's official website, 00418A raised nearly 10 billion New Taiwan dollars during last month's fundraising period. The launch reflects growing investor interest in actively managed Taiwan equity stocks amid evolving market conditions.
00418A Raises Nearly 10 Billion NT$ and Discloses Top 10 Holdings
According to data displayed on Fuh Hwa Investment Trust's official website, 00418A raised nearly 10 billion New Taiwan dollars during last month's fundraising period. The current top 10 holdings and their respective weightings are: TSMC (6.7%), Unimicron (5.2%), ASEH (5.2%), Taiwan Union Technology Corporation (5.1%), MediaTek (4.3%), Wafer Works (3.9%), Nan Ya Plastics (3.9%), Catcher Technology (3.9%), ASE Technology Holding (3.6%), and Coretronic (3.7%).
Fund Manager Adopts Phased Deployment Strategy with 80% Initial Position
Fund manager Rong Yi-ping stated that considering the recent market capital flow remains in a settling phase with relatively high short-term volatility, the fund adopts a phased deployment and steady position-building strategy. The initial holding ratio at the time of listing is controlled at approximately 80%, with large-cap, liquid weighted stocks forming the foundation. This approach controls portfolio volatility and reserves capital, with plans to gradually increase positions after capital flow stabilizes.
Rong Yi-ping indicated that core holdings focus on large-cap weighted stocks with clear order outlooks and substantially realized revenue and profit. These holdings are distributed across key AI server supply chain segments with tight supply, including advanced manufacturing processes, packaging and testing, PCB and substrates, and power supply and thermal management. Stock selection concentrates on companies experiencing structural growth driven by specification upgrades, while reducing weightings in stocks benefiting purely from price increase themes and those with elevated valuations.
Core Holdings Focus on AI Server Supply Chain with Structural Growth
Regarding the deeper correction in small and mid-cap stocks during this wave, Rong Yi-ping stated that some high-quality individual stocks in optical communications, test interfaces, and high-end passive components have reached attractive valuations. At the current stage, the fund is deploying small positions to control volatility, with plans to increase positions in batches after panic sentiment is digested and capital flow stabilizes, capturing dual opportunities from valuation recovery and growth.
FAQ
What did 00418A achieve on its listing debut on the 11th?
00418A opened in positive territory with an intraday high of 10.21 yuan and surpassed 130,000 shares traded within the first ten minutes, ranking first in overall Taiwan stock market trading volume.
What is the fund manager's initial position strategy for 00418A?
Fund manager Rong Yi-ping stated the initial holding ratio at listing is controlled at approximately 80%, using large-cap liquid weighted stocks as the foundation to control portfolio volatility and reserve capital for gradual position increases after capital flow stabilizes.
What are the top holdings in 00418A's portfolio?
According to Fuh Hwa Investment Trust's official website, the top 10 holdings include TSMC (6.7%), Unimicron (5.2%), ASEH (5.2%), Taiwan Union Technology Corporation (5.1%), MediaTek (4.3%), Wafer Works (3.9%), Nan Ya Plastics (3.9%), Catcher Technology (3.9%), ASE Technology Holding (3.6%), and Coretronic (3.7%).
