Taiwan's active ETF market has surged to become Asia’s third largest by assets, driven by policy liberalisation and rising investor acceptance, signalling a new phase in local and global asset management.
主動式ETF近年迅速成為全球資本市場的熱門話題,台灣也正跟上這股潮流。台灣證交所指出,截至2025年4月,台灣ETF市場已成為亞洲第三大,總資產規模達新台幣6.4兆元;在金管會於2024年底核准後,主動式ETF於台灣加速落地,被視為ETF發展邁向新階段的重要標誌。
在台灣,這類商品的成長速度尤其引人注目。證交所資料顯示,主動式ETF自2025年5月推出後,到2025年底已掛牌七檔,並吸引逾新台幣500億元資金;到2026年3月底,投信投顧公會統計的台股主動式ETF規模更進一步攀升至約新台幣2,309.8億元,顯示投資人接受度持續提高。
主動式ETF之所以受青睞,關鍵在於它結合了ETF的交易便利與主動選股的靈活度。與被動追蹤指數的產品不同,主動式ETF可由經理人依產業趨勢、基本面與市場情緒調整部位,在熱門題材快速輪動的市場中,提供投資人以單一工具參與多個強勢板塊的機會。證交所也指出,這類產品兼具即時交易、透明度較高,以及相對傳統共同基金較低的門檻與成本。
政策鬆綁同樣推了一把。金管會在2026年4月24日將國內股票型基金及主動式ETF對單一上市股票的持股上限,自10%放寬至25%,市場因此將其稱為「台積電條款」。這項調整意味著資金配置邏輯更朝向核心龍頭集中,可能強化大型權值股的吸金效果,也讓中小型股在資金相對分散下承受更大波動。
放眼全球,主動式ETF的發展空間仍被看好。台灣證交所引述市場預估指出,全球主動式ETF資產管理規模到2030年可望達約4.2兆美元;花旗也預期,未來十年主動式ETF在整體資產管理中的市佔率仍將上升。對投資人而言,這代表ETF已不再只是「買市場」的工具,而是逐步走向「找人幫你打敗市場」的新階段。
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Inspired by headline at: [1]
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Source: Noah Wire Services
Noah Fact Check Pro
The draft above was created using the information available at the time the story first
emerged. We’ve since applied our fact-checking process to the final narrative, based on the criteria listed
below. The results are intended to help you assess the credibility of the piece and highlight any areas that may
warrant further investigation.
Freshness check
Score:
7
Notes:
The article references events up to April 2026, with the latest data from late April 2026. However, the article was published on May 4, 2026, which is more than 7 days after the latest referenced data. This delay raises concerns about the freshness of the information presented. Additionally, the article includes data from April 2025, which is over a year old, potentially affecting the relevance of the information. The article also cites a source from May 2025, which is nearly a year old, further impacting the freshness of the content. Given these factors, the freshness score is reduced. ([wwwc.twse.com.tw](https://wwwc.twse.com.tw/market_insights/zh/detail/8a8216d696b406fc0196f0f178970126?utm_source=openai)) ([taiwannews.com.tw](https://www.taiwannews.com.tw/zh/news/6102290?utm_source=openai)) ([finance.ftvnews.com.tw](https://finance.ftvnews.com.tw/news/detail/2026429W0111?utm_source=openai))
Quotes check
Score:
5
Notes:
The article includes direct quotes from various sources. However, the earliest known usage of these quotes cannot be independently verified, raising concerns about their originality and accuracy. Without independent verification, the reliability of these quotes is uncertain. ([finance.ftvnews.com.tw](https://finance.ftvnews.com.tw/news/detail/2026429W0111?utm_source=openai))
Source reliability
Score:
6
Notes:
The article cites sources such as the Taiwan Stock Exchange (TWSE) and other financial institutions. While TWSE is a reputable source, the article also references sources that are less well-known or niche, which may not be as reliable. Additionally, some sources are from nearly a year ago, which may affect their current relevance. ([wwwc.twse.com.tw](https://wwwc.twse.com.tw/market_insights/zh/detail/8a8216d696b406fc0196f0f178970126?utm_source=openai))
Plausibility check
Score:
7
Notes:
The claims about the growth and development of active ETFs in Taiwan are plausible and align with known market trends. However, the reliance on outdated data and unverified quotes raises questions about the accuracy and timeliness of the information presented. ([wwwc.twse.com.tw](https://wwwc.twse.com.tw/market_insights/zh/detail/8a8216d696b406fc0196f0f178970126?utm_source=openai))
Overall assessment
Verdict (FAIL, OPEN, PASS): FAIL
Confidence (LOW, MEDIUM, HIGH): MEDIUM
Summary:
The article presents information on the development of active ETFs in Taiwan, referencing events up to April 2026. However, the publication date of May 4, 2026, is more than 7 days after the latest referenced data, raising concerns about the freshness of the information. Additionally, the article includes data from April 2025 and May 2025, which are over a year old, potentially affecting the relevance of the content. The reliance on unverified quotes and sources that are not entirely independent further diminishes the reliability of the article. Given these factors, the overall assessment is a FAIL with MEDIUM confidence.