Taiwan Fund Monthly Insights - June, 2026

Taiwan’s equity market delivered resilient performance in June 2026, with the TAIEX Total Return Index (the “Benchmark”) rising 1.79% in U.S. dollar terms, driven by surging gains in defensive and cyclical sectors such as Healthcare and Materials, which helped the market weather profit-taking in the Technology sector and a record foreign institutional (FINI) net sell-off of U.S. $16.6 billion. During the month, the best three performing industry groups were Pharmaceuticals, Biotechnology & Life Sciences, Banks and Materials. We have holdings in the Materials industry group. The three poorest performing industry groups were Software & Services, Technology Hardware & Equipment and Automobiles & Components. We do not have any holdings in the Software & Services and Automobiles & Components industry groups.