Guoan Fund started to protect the market today. Take a look at the performance of the last two stock purchases.

Guoan Fund entered the market for the ninth time and only bought 8 stocks, all of which made a profit. (File photo)

[Reporter Zheng Qifang/Reported from Taipei] The results of the U.S. midterm election raised doubts about AI investment. U.S. and Asian stocks plummeted, and the National Security Fund launched its 10th market protection today. Looking back at the past 9 times of Guoan Fund's protection, except for the first loss, the other 8 entries all made profits; among them, in the 8th time of protection, 15 stocks were purchased, 12 stocks were profitable, and only 3 stocks were losses; in the 9th time of protection, 8 stocks were bought intensively, and all 8 stocks were profitable. TSMC made the most profit, and ASE Investment Holdings had the highest return on investment.

According to information disclosed by Guoan Fund, the eighth market protection period was from July 13, 2022 to April 13, 2023. The cost of buying stocks was 54.508 billion yuan, the third highest ever, and the total profit was 11.296 billion yuan. A total of 15 stocks were bought this time, 12 of which were profitable, including Uni-President, Formosa Plastics, Nanya, Delta Electronics, Quanta, TSMC, MediaTek, Fubon Gold, Cathay Gold, CITIC Gold, ASE, and Formosa Plastics; and another three stocks were loss-making, including Taiwan Chemical, Hon Hai, and Yushan Gold.

The ninth protection period of Guoan Fund is from April 9, 2025 to January 12, 2026. The total protection period is 279 days, the longest in history. The cost of buying stocks is 12.25 billion yuan, with a total net profit of 9.932 billion yuan. This time, 8 stocks were purchased in a concentrated manner, including Formosa Plastics, Delta Electronics, Hon Hai, TSMC, Quanta, MediaTek, Fubon Gold and ASE Investment Holdings, and all 8 stocks were profitable, with the purchase of TSMC worth 7.702 billion yuan and the largest profit of 7.772 billion yuan; however, the purchase of ASE Investment Holdings had the highest return on investment of 1.16 times, with a total purchase of 861 million yuan and a profit of 1.002 billion yuan.

Compared with the 8th protection, the holdings of Guoan Fund in the 9th protection were almost halved. The stocks purchased in the 8th protection were Uni-President, Nanya, Taiwan Chemical, Cathay Gold, Yushan Gold, CITIC Financial and Formosa Plastics. The 9th protection was no longer favored by Guoan Fund.