“National ETF” 00878 has more than one million beneficiaries and aims to stabilize dividend distribution. The return rate in 2023 will reach 45.41%, and it has successfully completed past dividend distributions. The dividend distribution will be further increased in the first quarter of 2024, with the dividend amount reaching 0.4 yuan. Based on the closing price of 21.63 yuan on January 31, the annualized dividend rate is as high as 7.4%. As of January 26, the number of beneficiaries has reached 1.18 million, with a scale of 246.6 billion yuan. Cathay Investment Trust announced that 00878 will be ex-dividend on February 27. Investors who hold or purchase it before February 26 at the latest can participate in this dividend distribution.
As of the end of 2023, the third among the top 10 holdings of domestic investors is 00878. 00878 is also the ETF with the largest holdings and the most popularity among the three major groups of students under 22 years old, office workers and housewives. 00878 also conducted a share swap in November last year. Three new constituent stocks were added, including UMC (2303), World Advanced (5347), and Uni-President (1216); four constituent stocks were deleted, including Acer (2353) and Development Finance. (2883), Sinosteel (2002), Nanya (2408).
This adjustment still maintains the robust characteristics and low turnover rate of the 00878 underlying index, and the number of shares exchanged is not large. The underlying index of 00878 mainly selects companies with stable dividend distribution in the past three years and excellent dividend yield in the past 12 months. It focuses on the medium and long-term dividend stability of the company and does not pursue high turnover methods such as large-scale share swaps to increase the nominal yield. At the same time, it reduces the opportunity to invest in cyclical stocks or companies that increase dividends due to one-time gains.
You Rijie, manager of Cathay Pacific Sustainable High Dividend (00878), pointed out that there are three main reasons why 00878 is favored by investors. First of all, the fund’s stock selection focuses on industrial balance and sustainable corporate development, which has won high recognition from Taiwanese investors and young people. Secondly, the handling fees are relatively low, with the total expense ratio for the year being only 0.46%, once again becoming the lowest total expense ratio among high-dividend ETFs. Finally, 00878 has the characteristics of rising and falling resistance, suitable for long-term retirement planning, and is the first choice for prudent investors.
Regarding the imminent closure of Taiwan stocks, You Rijie said that although foreign investors sold more than NT$78.2 billion in a single day, causing market panic, the market value of Taiwan listed companies held by foreign investors is still high, mainly because the stock market has surged, and the adjustment of positions is not bearish. Taiwan stocks. In addition, statistics show that Taiwan stocks have the highest average return rate from November to December to January to February of the following year, and there is a high chance of a “red envelope market”. You Rijie suggests that investors can use Taiwan stock ETF regular quotas to seize the investment opportunities of the red market after the year and the long stock and bond market in 2024 during the two days when the Fed is about to announce its latest decisions and the US stock market financial reports are coming out one after another.
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Financial management and investment are one of the important ways to achieve financial freedom. Only through effective financial management can you manage your life and complete your life plan. Only by investing can you have the opportunity to earn extra income, increase assets, and ultimately achieve a financial status that does not rely on traditional wages. , however, the first step in financial management, what should be paid attention to in financial management so as not to lose money, how to start investing, the prospects of industries and stocks, the pulse of the global economy, etc., are not easy to get started with, and some tips are not known to ordinary people. Therefore, “Finance Weekly” wants to help everyone understand financial management and investment, so that novices who don’t know anything can also find their own “way to get rich”. It has opened a Q&A mailbox and invites readers to submit their doubts to this mailbox. : moneyweeklyevent@gmail.com, professional researchers will answer your questions!
