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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HK0000584778
GaoTeng WeValue USD Money Market Fund

  • Cash management
  • Hong Kong
  • USD Cash
  • Accumulating
Invest with
USD Cash
Payout type
Accumulating
Risk rating
1
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 USD.
Key information
Annual report
Key fact sheet
Prospectus
Factsheet
Our perspective
Why we think this fund is best-in-class
product
Product
Investing primarily into a diverse portfolio of high-quality USD money market securities issued in Hong Kong, Macau, and China. Focus on capital preservation and liquidity, with yield generation being the second objective.
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people
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 dedicated analysts/assistant PMs.
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performance
Performance
Favourable performance since inception in 2020, outperforming comparable market benchmarks and peers in a total return basis. 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.
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process
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.
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cost
Cost
P Share Class with 100% trailer fees rebated back to Endowus investors to achieve the lowest cost of access.
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selectionCriteria
How it fits in a portfolio
The fund will provide capital preservation and liquidity for investors looking for short-term liquidity management for cash (USD) 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.
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Invest in this fund
Performance
Shows the total return of this accumulating fund, which includes dividends reinvested.
Total returns
All Time
17.26%
YTD
3.00%
1 month
0.36%
6 month
2.24%
1 year
4.75%
3 year
16.03%
As of Aug 2025
Distributions
This is an accumulating fund, so dividends are re-invested at the fund level.
Yield
4.44%As of Aug 2025
Risk metrics
Volatility
0.62%As of Aug 2025
Calendar returns
YearTotalJanFebMarAprMayJunJulAugSepOctNovDec
2025-0.4%0.4%0.4%0.4%0.4%0.4%0.4%0.4%----
20245.5%0.5%0.5%0.4%0.5%0.5%0.4%0.5%0.4%0.4%0.4%0.4%0.4%
20235.4%0.4%0.4%0.4%0.4%0.5%0.4%0.5%0.4%0.4%0.5%0.4%0.5%
20222.0%0.0%0.0%0.0%0.1%0.1%0.1%0.2%0.2%0.2%0.3%0.3%0.4%
2021--0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%
Subscription details
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
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
Gf Global Capital Ltd/Hk 5.08% (2025-02-25 Maturity)1.26%
China Securities International Investment Co Ltd 5% (2025-03-27 Maturity)1.05%
Gf Global Capital Ltd/Hk 4.95% (2025-08-05 Maturity)1.05%
China Securities International Investment Co Ltd 5% (2025-06-06 Maturity)0.63%
China Securities International Investment Co Ltd 5% (2025-01-27 Maturity)0.63%
Gf Global Capital Ltd/Hk 5% (2025-03-24 Maturity)0.61%
Ping An Of China Select Investment Fund Series – Ping An Money Market Fund0.34%
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
0.19%0.14% p.a.
Save 26%
Fund facts
ISIN
HK0000584778
Fund house
GaoTeng
Fund size
US$3.8B
As of 29 Aug 2025
Fund inception date
09 Feb 2021
Fund class currency
USD
Fund share class
P Acc USD
Oldest share inception date
11 May 2020
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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