The Taiwan Fund, Inc.

Portfolio Holdings

As at 30 April 2019

Sector Market Value % of net assets
Semiconductor 62,013,439 39.0
Taiwan Semiconductor Manufacturing Co., Ltd. 36,610,854 23.0
MediaTek, Inc. 6,598,330 4.1
ASE Technology Holding Co Ltd 5,742,775 3.6
Globalwafers Co., Ltd. 4,645,869 2.9
Novatek Microelectronics Corp. 3,266,933 2.1
Chipbond Technology Corp. 2,344,584 1.5
Parade Technologies Ltd. 1,150,901 0.7
ASPEED Technology, Inc. 834,449 0.5
Silergy Corp. 818,744 0.5
Financial & Insurance 15,677,239 9.9
CTBC Financial Holding Co., Ltd. 5,444,066 3.4
Fubon Financial Holding Co., Ltd. 5,054,205 3.2
E.Sun Financial Holding Co., Ltd. 3,513,248 2.2
Mega Financial Holding Co., Ltd. 1,665,720 1.0
Plastics 11,380,344 7.2
Formosa Plastics Corp. 6,897,382 4.3
Formosa Chemicals & Fibre Corp. 4,482,962 2.8
Electric & Machinery 11,347,254 7.1
Hiwin Technologies Corp. 3,803,751 2.4
Airtac International Group 3,333,225 2.1
Yeong Guan Energy Technology Group Co., Ltd. 2,945,335 1.9
Global PMX Co., Ltd. 1,264,943 0.8
Other Electronic 9,027,637 5.7
Chroma ATE, Inc. 5,169,493 3.3
Kingpak Technology, Inc. 1,417,414 0.9
Communications & Internet 8,517,934 5.4
Merry Electronics Co., Ltd. 3,311,591 2.1
Wistron NeWeb Corp. 2,722,087 1.7
Accton Technology Corp. 2,484,256 1.6
Other 7,858,382 4.9
Chailease Holding Co., Ltd. 3,935,936 2.5
Nien Made Enterprise Co., Ltd. 3,030,776 1.9
Giant Manufacturing Co., Ltd. 891,670 0.6
Optoelectronic 7,072,587 4.4
Largan Precision Co., Ltd. 7,072,587 4.4
Electronic Parts & Components 5,637,358 3.5
Delta Electronics, Inc. 5,637,358 3.5
Cash 3,460,066 2.2
Trading & Consumers 3,158,053 2.0
President Chain Store Corp. 1,631,015 1.0
Poya International Co., Ltd. 1,527,038 1.0
Oil, Gas & Electricity 2,979,127 1.9
Formosa Petrochemical Corp. 2,979,127 1.9
Biotechnology & Medical Care 2,813,064 1.8
Ginko International Co., Ltd. 2,813,064 1.8
Foods 2,465,578 1.6
Uni-President Enterprises Corp. 2,465,578 1.6
Computer & Peripheral Equipment 2,038,510 1.3
Inventec Corp. 2,038,510 1.3
Cement 1,768,428 1.1
Taiwan Cement Corp. 1,768,428 1.1
Tourism 969,030 0.6
Gourmet Master Co., Ltd. 969,030 0.6
Textiles 834,051 0.5
Makalot Industrial Co., Ltd. 834,051 0.5