| Name of Fund |
SinoPac Taiwan Superior Dividend Highlight Stocks ETF |
| Stock Code |
00907 |
| Fund Type |
Domestic ETFs |
| Listing Date |
2022.05.24 |
| Issuer/Manager |
SinoPac Securities Investment Trust |
| Underlying Index |
TIP Customized Taiwan Dividend Highlight Index |
| Investment Objective |
Using full replication method, supplemented by computer-assisted optimization method, to closely track the performance of underlying Index |
| Management Style |
Passive |
| Board lot |
1,000 units |
| Tick |
NTD 0.01 if the price of the unit is below NTD 50, NTD 0.05 if the price of the unit is above NTD 50 |
| Limit up and down |
10% |
| Trading time |
Same as ordinary stocks |
| Margin Trade |
- Available on listing
- Short selling under margin trading is exempted from the up-tick rule(which requires short sales to take place at no lower than the previous day's closing price)
- Investors should check with his/her broker to see if there is any quota available before executing short-selling
|
| Tax |
0.1% levied on the sale of the units |
| Brokerage Fee |
Same as for ordinary stocks – varies by broker but no higher than 0.1425% of the consideration |
| Investment Fees |
Total Expense Ratio (TER) includes Management fee, Custodian fees, index license fees, etc. Such expenses will be accrued daily and subtracted from the NAV. TER is calculated based on the estimated fund size: For fund size below NTD 2 bn (including), TER is approximately 0.49%; For fund size between NTD 2 bn and NTD 5 bn (including), TER is approximately 0.485%; For fund size above NTD 5 bn, TER is approximately 0.48%. |
| Creation and redemption |
Cash creation/redemption |
| Creation and redemption order input time |
9:00 –12:00 on each dealing day |
| Creation Unit / Redemption Unit |
500,000 units |
| Creation and redemption fee |
Varies by participating dealers but subject to the limit- Creation fee cannot exceed 2% of the creation consideration
- Redemption fee cannot exceed 2% of the redemption consideration
|
| Dividends Distribution |
- ˙ Dividends are distributed bimonthly and no later than 45 business days each starting from February/April/June/August/October/December.
- ˙ The first distribution will be after 90 calendar days(including) since fund inception date.
|
| Issuer's Website |
https://sitc.sinopac.com |