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TIP TPEx ESG Growth Total Return Index Launched; First Index Represents ESG And Growth of TPEx Companies

Date:2021/05/03

TPEx and Taiwan Index Plus, along with the Business Council for Sustainable Development of Taiwan, developed a new index “TIP TPEx ESG Growth Total Return Index” (Code: IR0148), which will be launched on May 3rd and will start to calculate in real time on June 21st.

Through the index back-testing from June 17,2016 to March 31,2021, the “TIP TPEx ESG Growth Total Return Index” had a total return of 112%, which was better than the TPEX during the same period. The “TIP TPEx ESG Growth Total Return Index” represents high growth companies with good ESG performance in TPEx market, and which has commercialized ETN to be traded later on. Investors could participate in such products to promote the ESG concepts, and make the world a better place.