According to statistics on TDCC’s Fund Clear information website, as of the end of June 2020, mutual funds, onshore and offshore combined, held by Taiwanese investors were worth NT$7.4 trillion, suggesting that mutual funds as an asset class are gaining traction among investors in Taiwan.

TDCC established an Offshore Fund information reporting and announcement Platform and a Futures Fund information reporting and announcement Platform, respectively, in 2005 and 2007, upon the requests of competent authorities to serve market demand. In 2018, TDCC took a step further by working with the Securities Investment Trust and Consulting Association in building Fund Clear, an integrated portal for mutual fund information that allows investors to access complete information about onshore and offshore funds on a single website.

TDCC President Chu Han-chiang said in order to better help investors make trade decisions, the mutual fund information website will embark on a cooperation project with Morningstar Inc. by introducing some unique and proprietary features of Morningstar, including star ratings for mutual funds, style box of investment portfolios and performance charts of per 10k currency investments. The newly added information will be presented in a more straightforward and instinctive fashion, using reader-friendly graphics and charts, rather than just a compilation of numbers.

Morningstar Rating is a system of gauging risk-adjusted returns of a mutual fund in relation to its category peer group on a scale of one to five stars (five being the highest) based on the returns, risks and fees of individual funds. The Morningstar Style Profile summarizes the style of a mutual fund in a simple nine-square graphic according to its investment portfolio, so that investors do not just make assumptions about the fund based on its name. The per 10k currency performance chart indicates the returns of a mutual fund (for investment of 10k of whatever currency it is denominated in) over the past three years.

President Chu emphasized that TDCC has been in the mutual fund business for more than a decade. The Fund Clear information website is a credible portal that aims to provide investors with well-rounded fund market information services. Fund Clear intends to provide more useful information to investors moving forward to build a complete eco-system of fund services.

Fund Clear(Chinese Version Only)