CTBC Investments Taps ICE FactSet Selected Financials and Data Industry Index for New ETF

Intercontinental Exchange, Inc., a leading global provider of data, technology and market infrastructure, announced that CTBC Investments Co., Ltd. has selected the ICE FactSet Selected Financials and Data Industry Index for its newly launched CTBC Selected Financials and Data Industry ETF.

The ICE FactSet Selected Financials and Data Industry Index (ICFSFDI) is a rules-based, modified float-adjusted market capitalization-weighted equity benchmark designed to track the performance of leading exchanges, asset managers, banks and broker-dealers, and financial data and analytics companies that provide products and services in the global financial system. The CTBC Selected Financials and Data Industry ETF will use ICE's index as its benchmark and is expected to list on the Taiwan Stock Exchange on August 26, 2022.

"We're pleased that a leading asset manager like CTBC Investments will launch a new ETF benchmarked to an ICE index, offering exposure to the global capital markets and financial data industries,"said Magnus Cattan, Head of ICE Fixed Income and Data Services in APAC."The companies contained in the index are at the forefront of the merging of finance and technology, which results in innovative new products and services for their clients. Our growing suite of thematic indices provide access to regional and global megatrends that are shaping the world we live in, while offering diversifying sources of return for investors' portfolios."

"We all know that the market is becoming harder to invest, but the financial sector will remain a critical role in the economy,"said Eric Chang, President of CTBC Investments."which is why the CTBC Selected Financials and Data Industry ETF seeks to provide investors in Taiwan a way to invest in world-leading financial services, such as asset management companies, banks, stock exchanges, etc."