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The Fund seeks to maximise total return by investing at least 70% of its total assets in fixed income transferable securities denominated in Renminbi or other non-Chinese domestic currencies issued by entities exercising the predominant part of their...
Provides dynamic exposure to both onshore Renminbi (RMB) and offshore USD-denominated Chinese bond markets.
Capitalizes on market dislocations between these two often uncorrelated credit segments to enhance risk-adjusted returns.
Targets credit-specific opportunities in the onshore market where low foreign ownership preserves structural diversification benefits.
Managed by Suanjin Tan, Yii Hui Wong, and Yingbo Xu, who collectively oversee the flagship strategy.
Supported by a dedicated APAC investment platform of over 75 professionals, including a sizable credit research team with a local onshore presence.
Leverages deep fundamental expertise across private and public credit, with lead managers averaging over 20 years of industry experience.
Seeks to deliver a combination of capital growth and consistent income by maximizing returns across different market regimes.
Targets a high information ratio by delivering resilient performance with lower realized volatility than traditional global bond aggregates.
Maintains a long-term track record of outperforming peers, consistently ranking in the first quartile of its category since inception.
Integrates top-down macro positioning with intensive bottom-up research to guide asset allocation between onshore and offshore markets.
Utilizes a proprietary fundamental, technical, and valuation framework to identify mispriced securities across the entire capital structure, including convertible bonds.
Employs nimble duration and flexible sector management to capture alpha from evolving credit cycles and policy shifts.
Endowus offers retail share class with 100% trailer fee rebated back to Endowus investors to achieve lower cost of access.
It serves as a comprehensive "all-in-one" allocation to the Chinese credit market, offering structural diversification due to its low correlation with global equities and fixed income.
Investors should consider this a thematic satellite position, as it involves concentrated single-country risk and exposure to emerging market credit volatility.
Daily data. Returns as of 26 Sep 2026.
| Year | Total | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
| 2026 | - | 1.4% | 0.4% | -1.6% | 1.4% | 0.4% | 0.1% | -0.0% | 0.1% | - | - | - | - |
| 2025 | 3.9% | 0.1% | 0.5% | 0.0% | -0.1% | 0.3% | 0.6% | 1.1% | 0.3% | 1.1% | 0.2% | -0.5% | 0.1% |
| 2024 | 6.4% | 0.9% | 1.0% | 0.2% | 0.1% | 0.5% | 0.5% | 0.6% | 0.5% | 1.0% | 0.3% | 0.1% | 0.4% |
| 2023 | 2.0% | 1.5% | 0.2% | -0.6% | 0.3% | -0.3% | 0.4% | 0.1% | -0.9% | -0.3% | -0.2% | 1.1% | 0.8% |
| 2022 | -4.3% | -0.7% | -1.3% | -0.9% | 0.6% | 0.4% | -0.4% | -0.6% | 0.1% | -1.2% | -2.1% | 0.9% | 0.9% |
| Load more | 5 of 9 | ||||||||||||
| China (People's Republic Of) (2056-01-15 Maturity) | 1.65% |
| China (People's Republic Of) (2056-06-25 Maturity) | 1.60% |
| Huafa 2024 I Company Ltd. (2079-12-31 Maturity) | 1.59% |
| China (People's Republic Of) (2055-08-25 Maturity) | 1.57% |
| Central Plaza Development Ltd. (2028-03-21 Maturity) | 1.33% |
| Japan (Government Of) (2056-06-20 Maturity) | 1.28% |
| Industrial & Commercial Bank of China Ltd. (2034-10-28 Maturity) | 0.91% |
Warning statements
Risk Warnings Investment involves risk. Past performance is not an indicator nor a guarantee of future performance or returns. Projected performance or returns are not guaranteed to materialise. The value of investments and the income from them can go down as well as up, and you may not get the full amount you invested. Rates of exchange may cause the value of investments to go up or down. Individual stock performance does not represent the return of a fund.
The value of the fund can be volatile and can go down substantially within a short period of time. It is possible that a certain amount or all of your investment could be lost.
Generic risk warnings relating to collective investment schemes
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