Important risk disclosure

Please click here and read carefully the summary of the key features and risks specific to this fund stated in the offering document prepared by the relevant fund house before making any investment decision.

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HK0000478872

GaoTeng WeInvest Money Market Fund(HK0000478872)

Cash management
Hong Kong
HKD Cash
Accumulating

Invest with

HKD Cash

Payout type

Accumulating

Risk rating

About this fund

Description

The Fund aims to provide returns in line with money market rates while seeking preservation of capital by investing primarily in a portfolio of short-term and high quality money market instruments denominated in HKD, USD or RMB.

Key information

Annual report

Key fact sheet

Prospectus

Factsheet

Our perspective

Why we think this fund is best-in-class

Product

Investing primarily into a diverse portfolio of high-quality HKD money market securities issued in Hong Kong, Macau, and China. Focus on capital preservation and liquidity, with yield generation being the second objective.

People

Co-managed by two Portfolio Managers with over 15 years of average experience, recognised by multiple industry accolades for investing into the Asian/Chinese fixed income and money market space. Supported by a team of two analysts/assistant PMs.

Performance

Favourable performance since inception in 2019, delivering total returns in line or better than comparable market benchmarks and peers. Track record of producing positive yield even during periods of low-to-zero market yields. Tends to invest primarily in high-quality bank deposits that utilises amortised cost method (instead of mark-to-market), which prevents significant drawdowns.

Process

In line with capital preservation and prudent liquidity management, invests for an average portfolio maturity of less than 60 days, with high liquidity maintenance (10% daily). Leveraging a proprietary AI system to optimise the Fund's allocation to various bank deposits available in the market on a day-to-day basis, engineered by Tencent which is one of GaoTeng's strategic investors.

Cost

Retail share class with 100% trailer fees rebated back to Endowus investors to achieve the lowest cost of access.

How it fits in a portfolio

The fund will provide capital preservation and liquidity for investors looking for short-term liquidity management for cash (HKD) that they will need in the very near future. in addition to the potential to earn yield. Note that capital preservation is the utmost objective of the Fund, but is not guaranteed.

Invest in this fund

Performance

Returns

NAV

Shows the total return of this accumulating fund, which includes dividends reinvested.

Total returns

Cumulative

Annualised

All Time

14.88%

YTD

0.62%

1 month

0.21%

6 month

1.28%

1 year

2.44%

3 year

11.35%

5 year

14.17%

As of Mar 2026

Distributions

This is an accumulating fund, so dividends are re-invested at the fund level.

Yield

2.63%As of Mar 2026

Risk metrics

Volatility

0.49%As of Mar 2026

Calendar returns

Year	Total	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2026	-	0.2%	0.2%	0.2%	-	-	-	-	-	-	-	-	-
2025	2.7%	0.3%	0.3%	0.3%	0.3%	0.3%	0.2%	0.1%	0.1%	0.2%	0.2%	0.2%	0.2%
2024	4.4%	0.4%	0.4%	0.3%	0.4%	0.4%	0.3%	0.4%	0.3%	0.3%	0.3%	0.3%	0.3%
2023	4.2%	0.4%	0.3%	0.3%	0.3%	0.3%	0.3%	0.4%	0.3%	0.4%	0.4%	0.3%	0.4%
2022	1.4%	0.0%	0.0%	0.0%	0.0%	0.1%	0.0%	0.1%	0.1%	0.1%	0.2%	0.3%	0.3%
Load more		5 of 7

Subscription details

Initial investment

Minimum

Subsequent investment

Minimum

The fund manager of this fund requires an additional day for processing, and the trading price will be locked in on the next business day

Redemption details

Lock-up period

None

Minimum amount

None

The fund manager of this fund requires an additional day for processing, and the trading price will be locked in on the next business day

Top Exposures

Holdings

Sectors

Cash And Cash Equivalents	53.53%
Time Deposits	39.66%
Gf Global Capital Ltd / Hk 4% (2026-05-28 Maturity)	1.47%
China Securities International Investment Co Ltd 4.5% (2026-05-28 Maturity)	1.03%
China Securities International Investment Co Ltd 4.4% (2026-05-22 Maturity)	0.88%
China Securities International Investment Co Ltd 4% (2026-06-12 Maturity)	0.88%
Csi Mtn Ltd 3.98% (2025-09-18 Maturity)	0.73%
China Securities International Investment Co Ltd 4.13% (2025-08-28 Maturity)	0.59%
China Securities International Investment Co Ltd 4% (2026-06-17 Maturity)	0.59%
Interest Receivables On Debt Securities And Certificates Of Deposits	0.35%
Ping An Of China Select Investment Fund Series – Ping An Hong Kong Dollar M	0.30%
Interest Receivables	0.03%
- Time Deposits	0.01%

Top exposures represent up to 15 of the fund's largest exposures for each category. Allocation percentages may not sum up to 100% and can include negative values due to rounding or trading activities by the underlying fund managers, including short positions.

Fund fees

0.40%0.25% p.a.

Save 37%

Fund facts

ISIN

HK0000478872

Fund house

GaoTeng

Fund size

HK$27B

As of 28 Nov 2025

Fund inception date

15 Apr 2020

Fund class currency

HKD

Fund share class

A Acc HKD

Oldest share inception date

06 Mar 2019

Pricing frequency

Daily

Warning statements

All investments involve risks (including the possibility of loss of the capital invested) and the price of fund units may go up as well as down.
Past performance is not indicative of future performance.
Although this fund has been authorised by the Hong Kong Securities and Futures Commission (“SFC”), it does not imply an official recommendation or endorsement by the SFC nor does it guarantee the commercial merits of the fund or its performance.
If you are in any doubt, you should clarify with us or seek independent professional advice.

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

Funds are not a bank deposit and not capital guaranteed, and is subject to investment risks, including the possible loss of the principal amount invested. There is no assurance that a fund will have sufficient liquidity to meet redemption requests and that the fund's investment objectives and strategies will be achieved.

The funds' investment may involve substantial market, currency, volatility, liquidity, regulatory and political risks. Some funds may use derivatives, whether for hedging or for investment purposes. The risks associated with derivatives include counterparty/credit, liquidity, valuation, volatility and market risks. The fund's volatility may increase or decrease from its derivative usage and such fund may suffer losses from its derivative usage. Do not invest in these funds unless you fully understand and are willing to assume the risks associated with them.

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