Franklin FTSE Taiwan ETF

FLTW

Valor de mercado US$ 4,45 bi

Consumer inflation has come in above the central bank's 2% warning level for four months, but strong growth fueled by AI provides space to hold off on rate hikes.

Since December 2025, the Franklin FTSE Taiwan ETF has outperformed global and EM equities by 3-5x while surging by 67%. Taiwan's tech exports which account for over 80% of GDP are growing, but at a slower pace, while Taiwanese GDP in H2 could be lower than H1. TSM's HPC exposure and growing 2nm capabilities are welcome, but rising CAPEX commitments are unlikely to help abet a below average FCF yield.

Foreign investors continued pulling money from Asian equities in July, but the headline outflow masks a striking shift underneath: capital moved away from the region's biggest AI winners while selectively returning to markets with less dependence on the semiconductor boom. Investors sold a net $25.48 billion of shares across seven major Asian markets during the month, extending the region's foreign-selling streak to nine months.

MediaTek , Taiwan's largest chip designer, said on Friday its board had approved a discretionary ‌financing budget of $5 billion to support long-term growth, including its expansion into AI chips for data centers.

Taiwan's ASE Technology Holding , the world's largest ​chip packaging and testing provider, said on Thursday ‌it would raise this year's capital expenditure by $2 billion to around $10.5 billion, driven by strong demand.

Asian stocks rallied on Wednesday as investors returned to semiconductor shares after a bruising sell-off, taking their cue from a Wall Street rebound even as Brent crude pushed further above $91 a barrel. MSCI's Asia-Pacific gauge outside Japan gained 1.2%, while South Korea's Kospi surged more than 6% and Japan's Nikkei 225 climbed 1.9%.

When it comes to broad international equities exposure, the sum of the parts is traditionally greater than the whole. Today, however, single-country exposure is also proving that individual parts can deliver a whole lot of performance.

Of the two hottest Asian markets, strategists are more bullish about South Korea than Taiwan.

Taiwan is the world's most critical semiconductor manufacturing hub.

This story is part of Forbes' coverage of Taiwan's Richest 2026. See the full list here.