Tap Taiwan’s top stocks

Article Excerpt

ISHARES MSCI TAIWAN INDEX FUND, $64.50, is a buy for aggressive investors. The ETF (New York symbol EWT; buy or sell through brokers) gives you direct exposure to some of the top public companies of this East Asian powerhouse economy. The fund’s largest holding is Taiwan Semiconductor at 21.4% of assets. That’s high for one stock, but it continues to be the world’s top maker of the most complex computer chips for customers such as Apple. Other top stocks held by the ETF include MediaTek (computer chips) at 4.6%, Hon Hai (contract electronics maker), 4.5%; and Evergreen Marine (shipping), 2.4%. The iShares MSCI Taiwan Index Fund launched on June 20, 2000. It charges you a reasonable MER of 0.59%. Taiwan’s technology-heavy economy is well-positioned during the pandemic—and beyond—with expanded work-from-home and e-commerce demands. Tensions with China add some uncertainty, but the chance of a military attack remains highly unlikely. iShares MSCI Taiwan Index ETF is a buy. buy…

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