Fubon NASDAQ ETF (00662) split operation enters the final stage. Fubon Investment Trust stated that 00662 expects November 10 to be the last trading day before the split. Applications, redemptions, and transactions will be suspended from November 11. The price and number of units after the split will be announced on November 16. It is expected to resume applications, redemptions, transactions, borrowings, and transfers on November 17, and will be relisted for trading at the new price after the split. Investors who hold 00662 or are interested in investing in large U.S. technology stocks are reminded to pay attention to the relevant trading schedule during the split period.
00662 In recent years, as the investment boom in U.S. technology stocks and AI has heated up, the scale of assets has continued to grow. In June this year, the fund scale officially exceeded NT$100 billion, becoming the first domestic overseas stock ETF with a scale of over NT$100 billion, writing a new milestone in Taiwan's overseas ETF market. This further launch of the split operation is expected to make investors' capital allocation more flexible by lowering the price per unit; the total value of the fund held by investors before and after the fund split will not change due to the split itself. For investors who prefer to participate in the long-term trend of U.S. technology stocks in batches or regular quotas, it will also help improve the convenience of using funds.
It is worth noting that the NASDAQ-100 index has further adjusted the inclusion rules for new listed companies this year. Large IPO companies that meet market capitalization and relevant qualifications can be included in the index constituent stocks as soon as 15 trading days after listing. This allows the index to not only capture existing technology giants, but also have the opportunity to quickly include new generation large-scale growth companies. Recently, Anthropic, a global AI focus company, has officially submitted IPO registration documents to the U.S. Securities and Exchange Commission (SEC), once again arousing market attention on AI unicorns entering the public capital market, and also highlighting the potential opportunities to dominate new technology leaders under the new NASDAQ-100 system.
Fubon Investment said that the development of the AI industry is gradually extending from infrastructure construction such as chips, servers and data centers to large-scale language models, software services and enterprise AI applications, and the investment landscape of the technology industry continues to expand. The NASDAQ-100 index gathers large innovative companies in the United States, and with the adjustment of the inclusion mechanism for newly listed companies, in the future, if large-scale unicorns such as representative AI, space technology, and cloud computing are successfully listed and meet relevant conditions, they will have the opportunity to enter the index faster, allowing 00662 that tracks the NASDAQ-100 index to participate in the growth opportunities of the new generation of technology companies as the index components are adjusted.
Fubon Investment Trust pointed out that the focus of U.S. stock investment recently has shifted from "how much AI capital expenditures technology giants have invested" to whether AI can actually be converted into revenue and profits. As large technology companies continue to invest in AI infrastructure, there is still room for development in demand for high-performance computing, advanced semiconductors, cloud services and data centers, and the mid- and long-term technological innovation trends deserve attention. However, technology stocks may still be affected by factors such as corporate financial reports, interest rate policies, and evaluations in the short term. Investors can adopt a batch or regular quota approach to reduce the risk of entering the market at a single point in time.
The division multiple for the number of units of 00662 beneficial rights is determined to be 5 times, that is, 1 for 5. It is expected that applications, redemptions, and transactions will be suspended from November 11. During this period, investors will not be able to buy and sell in the centralized market. The split price and number of units will be announced on November 16, and applications, redemptions, transactions, borrowings, and transfers will resume on November 17. If investors have transaction or capital allocation needs, they should know the relevant dates in advance; the actual operation schedule may be adjusted depending on the situation, and any changes will be announced on the official website of Fubon Investment Corporation.
