Description

This custom benchmark, named the MSCI Taiwan 20-35 Index, aims to replicate the market performance of prominent and medium-sized firms publicly traded in Taiwan. It effectively covers approximately 85% of the region's accessible market value (free-float market capitalization). The weighting of the index components is determined by their free-float adjusted market capitalization, subject to specific concentration limits: no single group entity may exceed 35% of the index, and other individual entities are capped at 20%. These thresholds incorporate a 10% buffer, which is applied each time the index undergoes its quarterly rebalancing. Further details regarding its selection and weighting methodologies are accessible on the MSCI website at https://www.msci.com.