00878 ETF Assets Surpass NT$600 Billion, Adds Evergreen and 4 Others

Cathay Securities Investment Trust announced today that its popular high-dividend ETF, Cathay Sustainable High Dividend (00878), has surpassed the NT$600 billion mark in assets. It now ranks as the third-largest ETF in Taiwan, trailing only Yuanta Taiwan Top 50 (0050) at NT$2 trillion and Yuanta High Dividend (0056) at NT$702.7 billion. The 00878 tracks the MSCI Taiwan ESG Sustainable High Dividend Select 30 Index, which underwent a routine adjustment effective June 1. Five new stocks were added: Evergreen Marine, EVA Air, Hua Nan Financial, Taishin Financial, and Uni-President. Four stocks were removed: Far Eastern New Century, Compal, Catcher Technology, and King Yuan Electronics. Fund manager Chiang Yu-teng stated that the semi-annual adjustments aim to maintain industrial diversification and low turnover, helping keep expense ratios low.