Taiwan Fund, Inc. Adjusts Net Asset Valuation Amid Lunar New Year Break

In a recent announcement, the Taiwan Fund, Inc. (TWN) outlined changes to its net asset value (NAV) calculations as the Taiwan market observes the Lunar New Year holiday. This is a notable move that addresses the fund's ongoing commitment to transparency and accuracy in its reporting processes.

Understanding the Importance of NAV

Net asset value is crucial for closed-end investment companies like the Taiwan Fund, as it reflects the market value of the fund's portfolio holdings. It assists investors in understanding the performance and value of their investments. Without accurate NAV, investors cannot make informed decisions regarding their holdings or potential entry and exit points.

Impact of Lunar New Year on Market Operations

Given that the Taiwan Stock Exchange (TSE) will be closed from January 23 to February 2, 2025, the fund's management will calculate its NAV based on portfolio holdings and their respective prices as of January 22, the last trading day prior to the holiday. This method aims to ensure that investors receive an accurate representation of the fund's value, taking into account any fluctuations in currency exchange rates between the U.S. dollar and the Taiwan dollar during this period.

Detailed NAV Calculation Period

The Taiwan Fund will begin calculating its NAV on January 23, 2025, and this process will continue until January 31, 2025. The adjustments made will reflect any changes in market conditions and currency rates, ensuring the reported value accurately represents the fund's holdings at the time the exchange reopens.

Insights into the Taiwan Fund

The Taiwan Fund, Inc. is a diversified closed-end investment company that primarily seeks long-term capital appreciation by investing in equity securities listed on the Taiwan Stock Exchange. It operates under the ticker symbol "TWN," making it accessible to investors looking to gain exposure to the Taiwanese market.

The fund's management emphasizes a long-term investment strategy, underscoring their commitment to maximizing shareholder value through meticulous portfolio management and responsive adjustments to NAV calculations during market holidays.

Additional Resources and Information

For further details about the Taiwan Fund, including insights into its holdings and investment strategy, investors are encouraged to visit the fund's official website at www.thetaiwanfund.com or contact customer service at 1-800-426-5523. This direct line provides not only information but also answers to any queries regarding the ongoing legislative and market conditions that may affect investment decisions.

As the fund navigates through this Lunar New Year break, it continues to uphold its standards of reporting accuracy, giving its investors reassurances of consistent operational integrity during market pauses. The reopening of the TSE is scheduled for February 3, 2025, at which point the fund aims to resume standard procedures and further engage with investors about their portfolios and performance outcomes.

This approach not only reflects careful consideration of market dynamics but also demonstrates the fund's adaptability to seasonal market rhythms, ensuring its investors remain well-informed and ready to capitalize on emerging opportunities in the Taiwan investment landscape.

For real-time updates and announcements, potential and current investors should stay connected to the fund’s channels to track any shifts that may influence their investment strategies moving forward.