AllianceBernstein’s First Taiwan Momentum Income 50 Active ETF Set to Open for Subscription May 18

AllianceBernstein Investments Taiwan is entering Taiwan’s active ETF market with its first such fund, the AB Taiwan Momentum Income 50 Active ETF (00404A). The product uses a multifactor model to select 50 stocks and an options strategy to collect premiums, seeking both capital growth and income. Its investment themes include the AI supply chain, small- and mid-cap growth stocks, and industrial upgrading.

AllianceBernstein Investments Taiwan said 00404A is expected to open for subscription on May 18. The fundraising target and formal listing date have not been announced. The fund will adjust its holdings based on factors including growth, quality, valuation and momentum, while using option premiums to enhance income. It is also the firm’s first Taiwan equity ETF to combine active stock selection with a derivatives strategy.