The funds top five holdings are Taiwan Semiconductor Manufacturing Co Ltd, 22.28; Hon Hai Precision Industry Co Ltd, 8.64; Cathay Financial Holding Co Ltd, 2.69; Chunghwa Telecom Co Ltd, 2.62; and Formosa Plastics Corp, 2.46. The funds focus on the Taiwan market makes it non-diversified, so investors need to diversify their portfolios with other investments.