The Taiwan Fund, Inc.

Portfolio Holdings

As at October 31, 2019

Sector Market Value % of net assets
Information Technology 138,608,694.68 78.62
TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD 36,792,168.33 20.87
RICHWAVE TECHNOLOGY CORP 7,608,285.02 4.32
GLOBAL LIGHTING TECHNOLOGIES 7,382,303.18 4.19
ACCTON TECHNOLOGY CORP 7,166,866.51 4.07
UNIMICRON TECHNOLOGY CORP 6,494,635.44 3.68
ASE TECHNOLOGY HOLDING CO LTD 6,463,839.29 3.67
MACRONIX INTERNATIONAL 5,662,068.63 3.21
WIWYNN CORP 5,382,861.65 3.05
CATCHER TECHNOLOGY CO LTD 5,178,561.46 2.94
EPISTAR CORP 5,116,709.65 2.90
MEDIATEK INC 4,382,845.22 2.49
GENIUS ELECTRONIC OPTICAL CO LTD 4,350,782.67 2.47
SILERGY CORP 4,340,664.58 2.46
LARGAN PRECISION CO LTD 4,111,627.60 2.33
ELAN MICROELECTRONICS CORP 4,027,200.60 2.28
KINGPAK TECHNOLOGY INC 3,279,337.40 1.86
NOVATEK MICROELECTRONICS CORP 3,180,762.47 1.80
KINSUS INTERCONNECT TECHNOLOGY CORP 2,735,812.49 1.55
HON HAI PRECISION INDUSTRY CO LTD 2,613,367.06 1.48
GLOBAL UNICHIP CORP 2,126,607.64 1.21
NAN YA PRINTED CIRCUIT BOARD CORP 1,865,442.42 1.06
DELTA ELECTRONICS INC 1,791,626.29 1.02
ASMEDIA TECHNOLOGY INC 1,690,182.49 0.96
CHROMA ATE INC 1,538,000.36 0.87
CHUNGHWA PRECISION TEST TECH CO LTD 1,028,104.01 0.58
FLEXIUM INTERCONNECT INC 888,947.29 0.50
COMPEQ MANUFACTURING CO LTD 852,458.07 0.48
SPEED TECH CORP 556,626.86 0.32
Consumer Discretionary 13,802,664.21 7.83
NIEN MADE ENTERPRISE CO LTD 2,579,655.39 1.46
GIANT MANUFACTURING CO LTD 2,412,903.86 1.37
GLOBAL PMX CO LTD 2,373,482.70 1.35
TAIWAN PAIHO LTD 1,882,754.88 1.07
HOTA INDUSTRIAL MANUFACTURING CO LTD 1,833,806.93 1.04
POYA INTERNATIONAL CO LTD 1,374,813.16 0.78
ECLAT TEXTILE CO LTD 1,345,247.29 0.76
Consumer Staples 4,123,395.28 2.33
UNI-PRESIDENT ENTERPRISES CORP 2,564,255.65 1.45
CHAROEN POKPHAND ENTERPRISE 817,660.68 0.46
GREAT WALL ENTERPRISE CO LTD 741,478.95 0.42
Industrials 3,673,954.11 2.08
AIRTAC INTERNATIONAL GROUP 2,413,889.39 1.37
SHIN ZU SHING CO LTD 1,260,064.72 0.71
Real Estate 3,047,065.59 1.73
KINDOM DEVELOPMENT CO LTD 3,047,065.59 1.73
Financials 412,279.69 0.23
CHINA LIFE INSURANCE CO LTD, TAIWAN 412,279.69 0.23