2004 July Monthly Highlights

Yuanta Q1 2004 Earnings Release

2004 July Monthly Highlights 

  First Global Investment Trust
 


First Global Investment Trust (FGIT) was established in 1992 with NT$583 million in capital. Its EPS after tax in 2003 recorded above NT$3 for the third consecutive year at NT$3.63. FGIT has more than 169 thousand beneficiaries at the end of 2003 for a 9.41% market share in Taiwan. As for its Regular Savings Plan, 41 thousand people have joined the program which represent 13.8% market share, ranks second in the market. Overall, FGIT's performance was outstanding in the year 2003.

FGIT's core business includes issuing beneficiary certificates to raise trust funds and providing discretionary services. Its total assets under management have placed FGIT in the top 5 largest investment trust companies in Taiwan. In 2003, FGIT received

the discretionary rights to manage NT$5 billion of the government pension fund, and has followed this up by receiving the discretionary rights to manage NT$3 billion of the postal savings fund in 2004. This reflects on FGIT's management ability and its growing reputation among institutional investors for discretionary service performance. FGIT has received recognitions and awards for its outstanding performance, domestically and internationally. The awards received are as follows:

  • FGIT Excellence Fund was awarded the "Best Domestic one year fund" in "2003 Best Fund Award" presented by Taipei Foundation of Finance

  • FGIT Duo Li and Duo Li 2 have Moody's AA.tw/MR2.tw rating

  • FGIT Buffett Fund was awarded the "Best Domestic one year Fund" in "2002 Best Fund Award" presented by Taipei Foundation of Finance

  • FGIT Duo Li Bond Fund received "Taiwan 2001 Fund of The Year Award" in "NTD Money Market-5 years" category presented by Standard & Poor's

  • FGIT Excellence Fund was awarded the "Best Fund Manager" in "2000 Best Fund Award" presented by Taipei Foundation of Finance

FGIT's success is the collective efforts of Chairman (Ma), President (Tu), and the entire group of experienced professionals at FGIT, and was made possible by their devotion to designing new financial products and providing a high level of customer service.

In the future, not only will FGIT continue to post exceptional returns, it will also leverage the efforts and expertise of the Wellington Management Company of the United States, which is regarded as one of the top 10 asset management companies in the world, to enhance its level of professionalism and expand its global scope. FGIT will consolidate market research and operational performance to develop innovative financial products; and move forward in fulfilling its goal of becoming an asset management firm with true global reach.