Intercontinental Exchange, Inc. announced that CTBC Investments Co. Ltd. ('CTBC Investments') has selected the ICE FactSet® Selected Financials and Data Industry Index for its newly launched CTBC Selected Financials and Data Industry ETF. The ICE FactSet Selected Financials and Data Industry Index (ICFSFDI) is a rules-based, modified float-adjusted market capitalization-weighted equity benchmark designed to track the performance of leading exchanges, asset managers, banks and broker-dealers, and financial data and analytics companies that provide products and services in the global financial system.

The CTBC Selected Financials and Data Industry ETF will use ICE's index as its benchmark and is expected to list on the Taiwan Stock Exchange on August 26, 2022. CTBC Investments is the third-largest asset management company in Taiwan in terms of assets under management in bond ETFs. This is the second CTBC ETF launched this year that is benchmarked to an ICE index and is part of a broader collaboration announced by the two companies in November 2020 to develop ESG indices and financial products for Taiwanese market participants.