ETF eNotice Fully Launched, eNotice Users Reach New High
2024/05/29
Taiwan Depository & Clearing Corporation (TDCC) launched its new eNotice service—electronic notification for ETF income distribution—on March 15th this year. In less than three months, with the strong support of investment trust companies, all 160 local ETFs that distribute income have been included in the eNotice service.
Since the first 22 ETFs, including Capital TIP Taiwan Select High Dividend ETF (00919), used eNotice for their income distribution in April, nearly 140,000 electronic notifications have been sent to investors. Following this, the local ETF with the most beneficiaries—Cathay MSCI Taiwan ESG Sustainability High Dividend Yield ETF (00878)—will also adopt eNotice for its quarterly income distribution notification in June. Statistics show that 00878 has seen a record high of 160,000 eNotice subscribers, marking the highest number of eNotice users for a single ETF since the service was launched, demonstrating outstanding results.
In response to Taiwan’s 2050 net-zero emission goals and to provide convenient digital services, the TDCC launched the eNotice platform in June last year. In March of this year, the service was further expanded to include ETF income distribution notifications. Currently, nearly 600,000 users have subscribed to the service, and over 220,000 electronic notices have been sent for 60 ETFs. Among the ETFs that have used eNotice service, Shin Kong US Treasury 1-3 Year Bond ETF (00831B), CTBC 0-5 Year AAA-BB EM USD Government Bond ex-144a ETF (00849B), and CTBC 15+ Year Developed Markets US Corporate Best-in-Class ESG Bond ETF (00883B) have the highest adoption rates from investors, each exceeding 30%.
TDCC’s Executive Vice President Jane Huang stated that with the global trend towards sustainable development and the increasing market demand for digital services, the eNotice service provides a win-win solution for the market. By using eNotice, issuing companies can showcase their active ESG efforts, save on printing and mailing costs, and improve the efficiency of stock affairs. Investors can use the one-stop service of eNotice to view the amount of their dividends and ETF income distribution issued by issuing companies and investment trust companies that adopt eNotice service, and also contribute to green sustainability.
TDCC has been committed to the development of stock affairs in Taiwan's capital market and has launched a variety of related services including eVoting, eMeeting, and eNotice. Through these services, TDCC aims to facilitate a comprehensive digital ecosystem for stock affairs in Taiwan. As the peak season for shareholders' meetings and dividend distribution approaches, investors are encouraged to use TDCC’s e-services for shareholder activism and support a new future of net-zero carbon emissions. For more details on these services, please visit the Stockservices website.
https://stockservices.tdcc.com.tw/
*Please beware of fraud: Notifications for dividend/ETF income distribution from the TDCC eNotice platform will be sent to the designated email address registered on the platform. The eNotice platform will never ask for your personal bank account details, nor will it request any remittances to specific accounts over the phone. Investors should exercise caution to protect their rights and safeguard their assets. If you receive any suspicious phone calls or online messages that may involve fraud, you can verify if it is a scam by calling the National Police Agency's 165 anti-fraud hotline.