The MSCI Taiwan Index is designed to measure the performance of the large and mid cap segments of the Taiwan market. constituents, the index covers approximately 85% of the free float-adjusted market capitalization in Taiwan. The MSCI Taiwan Index was launched on Jul 31, 1989. About Taiwan Stock Exchange Weighted Index. The TWSE, or TAIEX, Index is capitalization-weighted index of all listed common shares traded on the Taiwan Stock Exchange. The index has a base value of 100 based on its 1966 level. The index is also known as the TSEC Index. The Formosa Stock Index is created by converting the existing TAIEX and TPEX into one new benchmark index, using a mathematic formula. The Formosa Stock Index can measure the aggregate performance of two local stock markets－Taiwan Stock Exchange (TWSE) and Taipei Exchange (TPEx). The constituents of the TIP Taiwan SMCG Index are selected

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