GF Open-ended Fund Company - GF USD Money Market Fund
GF Open-ended Fund Company - GF USD Money Market Fund
Important Notes

1. GF Open-Ended Fund Company - GF USD Money Market Fund (the "Sub-Fund") invests at least 70% of its net asset value in short-term deposits and high-quality money market instruments denominated and settled in USD. The Sub-Fund may also invest up to 30% of its NAV in short-term deposits and high-quality money market instruments denominated in other currencies.

2. Investing involves risks, including the risk of losing principal or the possibility of losing a substantial or all of your investment. The price of fund units may go up as well as down, and the value of a fund may be very volatile and may fall substantially within a short period of time. Investors should read the relevant fund prospectus and product key facts before investing in the fund to understand the details and risk factors of the fund. You should not make any investment decisions solely in reliance on this material.

3. The Sub-Fund may take investment risks, risks related to fixed income securities (including money market instruments), risks related to bank deposits, concentration risks, emerging market risks, risks related to urban investment bonds, risks related to RMB categories, currency and Foreign exchange risk, risks associated with instruments with loss-absorbing features, risks associated with distributions paid out of capital or effectively paid out of capital.

4. Investors should note that purchase of a unit in the Fund is not the same as placing funds on deposit with a bank or deposit-taking company, that the Manager has no obligation to redeem units at the offer value, and that the Fund is not subject to the supervision of the Hong Kong Monetary Authority.

5. Monthly dividends declared (if any) will be at the Fund Manager's discretion. Actual dividends will be at the Fund Manager's discretion. The dividend payout ratio of the fund does not represent the return rate of the fund. A positive dividend payout ratio does not mean that the fund's return is positive. The past dividend payout ratio does not represent the future payout ratio.

6. Unless the intermediary who sells the fund has explained to you that the fund is suitable for you having regard to your financial situation, investment experience and objectives, you should not invest in the sub-fund.

7. This material has not been reviewed by the Securities and Futures Commission of Hong Kong. The SFC's approval does not mean that it recommends or approves the sub-fund, nor does it mean that the sub-fund is suitable for all investors. 

Key Risks

  Investment involves risks. Please refer to the Explanatory Memorandum for details including the risk factors.

   

  1. Investment risk 

  The Sub-Fund’s investment portfolio may fall in value due to any of the key risk factors below and therefore your investment in the Sub-Fund may suffer losses. There is no guarantee of the repayment of principal.   

  

  2. Risks associated with fixed income securities (including money market instruments) 

  Short-term fixed income securities risk 

  • The Sub-Fund invests primarily in fixed income securities with short maturities. This means the turnover rates of the Sub-Fund’s investments may be relatively high and the transaction costs incurred as a result of the purchase or sale of such securities may increase which in turn may have a negative impact on the NAV of the Sub-Fund. 

  Credit risk 

  • The Sub-Fund is exposed to the credit/default risk of the issuers of the fixed income securities that the Sub- 5 Fund may invest in. 

  Interest rate risk 

  • Investment in the Sub-Fund is subject to interest rate risk. In general,the prices of fixed income securities rise when interest rates fall, whilst their prices fall when interest rates rise. 

  Volatility and liquidity risk 

  • The fixed income securities in some of the markets in which the Sub-Fund invests may be subject to higher volatility and lower liquidity compared to more developed markets. The prices of securities traded in such markets may be subject to fluctuations. The bid and spreads of the price of such securities may be large and the Sub-Fund may incur significant trading costs. 

  Credit rating and downgrading risk 

  • Credit ratings assigned by rating agencies are subject to limitations and do not guarantee the creditworthiness of the security and/or their issuer at all times. 

  • The credit rating of a fixed income security or its issuer may subsequently be downgraded. In the event of such downgrading, the value of the Sub-Fund may be adversely affected. The Manager may or may not be able to dispose of the fixed income securities that are being downgraded. 

  Credit rating agency risk

  • The credit appraisal system in the Mainland China and the rating methodologies employed in the Mainland China may be different from those employed in other markets. Credit ratings given by the Mainland China rating agencies may therefore not be directly comparable with those given by other international rating agencies. Sovereign debt risk 

  • The Sub-Fund’s investment in securities issued or guaranteed by governments may be exposed to political, social and economic risks. In adverse situations, the sovereign issuers may not be able or willing to repay the principal and/or interest when due or may request the Sub-Fund to participate in restructuring such debts. The Sub-Fund may suffer significant losses when there is a default of sovereign debt issuers. 

  Valuation risk 

  • Valuation of the Sub-Fund’s investments may involve uncertainties and judgmental determinations. If such valuation turns out to be incorrect, this may affect the NAV calculation of the Sub-Fund.

  

  

  3. Risks associated with bank deposits 

  Bank deposits are subject to the credit risks of the relevant financial institutions. The Sub-Fund’s deposit may not be protected by any deposit protection schemes, or the value of the protection under the deposit protection schemes may not cover the full amount deposited by the Sub-Fund. Therefore, if the relevant financial institution defaults, the Sub-Fund may suffer losses as a result. 

  

  

  4. Concentration risk 

  The Sub-Fund will invest primarily in USD-denominated and settled instruments. The Sub-Fund is therefore likely to be more volatile than a broad-based fund that adopts a more diversified strategy.  

  

  

  5. Emerging markets risks 

  The Sub-Fund may invest in emerging markets which may involve increased risks and special considerations not typically associated with investment in more developed markets, such as liquidity risks, currency risks/control, political and economic uncertainties, legal and taxation risks, settlement risks, custody risk and the likelihood of a high degree of volatility. 

  

  

  6. Risk associated with urban investment bonds 

  Urban investment bonds are issued by LGFVs, such bonds are typically not guaranteed by local governments or the central government in Mainland China. In the event that the LGFVs default on payment of principal or interest of the urban investment bonds, the Sub-Fund could suffer substantial loss and the NAV of the Sub-Fund could be adversely affected. 

  

  

  7. RMB class(es) related risk 

  • RMB is currently not freely convertible and is subject to exchange controls and restrictions. 

  • Although offshore RMB (CNH) and onshore RMB (CNY) are the same currency, they trade at different rates. The CNH rate may be at a premium or discount to the exchange rate for CNY and there may be significant bid and offer spreads. Any divergence between CNH and CNY may adversely impact the NAV of the Sub-Fund and thus the investors. 

  • Non-RMB based (e.g. Hong Kong) investors may have to convert HKD or other currencies into RMB when investing in the RMB denominated class(es). Subsequently, investors may also have to convert the RMB redemption proceeds (received when selling the shares) back to HKD or other currencies. During these processes, investors will incur currency conversion costs and/or transaction costs and may suffer losses in the event that RMB depreciates against HKD or such other currencies upon receipt of the RMB redemption proceeds. Under exceptional circumstances, payment of redemptions may be delayed due to the exchange controls and restrictions applicable to RMB. 

  

  

  8. Currency and foreign exchange risk 

  • Underlying investments of the Sub-Fund may be denominated in currencies other than the base currency of the Sub-Fund. Also, a class of shares may be designated in a currency other than the base currency of the Sub-Fund or the currency of its underlying investment. The NAV of the Sub-Fund may be affected unfavorably by fluctuations in the exchange rates between these currencies and the base currency and by changes in exchange rate controls. 

  

  

  9. Risk associated with instruments with loss-absorption features 

  • Fixed income instruments with loss-absorption features are subject to greater risks when compared to traditional debt instruments as such instruments are typically subject to the risk of being written down or converted to ordinary shares upon the occurrence of a pre-defined trigger event (e.g. when the issuer is near or at the point of non-viability or when the issuer’s capital ratio falls to a specified level), which are likely to be outside of the issuer’s control. Such trigger events are complex and difficult to predict and may result in a significant or total reduction in the value of such instruments. 

  • In the event of the activation of a trigger, there may be potential price contagion and volatility to the entire asset class. Debt instruments with loss-absorption features may also be exposed to liquidity, valuation and sector concentration risk. 

  • The Sub-Fund may invest in contingent convertible debt securities, commonly known as CoCos, which are highly complex and are of high risk. Upon the occurrence of the trigger event, CoCos may be converted into 7 shares of the issuer (potentially at a discounted price), or may be subject to the permanent write-down to zero. Coupon payments on CoCos are discretionary and may be cancelled by the issuer at any point, for any reason, and for any length of time. 

  • The Sub-Fund may invest in senior non-preferred debts. While these instruments are generally senior to subordinated debts, they may be subject to write-down upon the occurrence of a trigger event and will no longer fall under the creditor ranking hierarchy of the issuer. This may result in total loss of principal invested. 

  

  

  10. Risks associated with distribution out of capital or effectively out of capital 

  • Payment of distributions out of capital or effectively out of capital amounts to a return or withdrawal of part of an investor’s original investment or from any capital gains attributable to that original investments. Any such distributions may result in an immediate reduction of the NAV per share. 

  • The distribution amount and NAV of the hedged share class may be adversely affected by differences in the interest rates of the reference currency of the hedged share class and the Sub-Fund’s base currency, resulting in an increase in the amount of distribution that is paid out of capital and hence a greater erosion of capital than other non-hedged share classes.

Product Overview

 

Past performance  

  

As the Sub-Fund is newly established, there is insufficient data to provide a useful indication of past performance to investors.


Net Asset Value
DateClass C HKD HEDGED ACCClass C USD ACCClass C RMB ACCClass I USD ACCClass I RMB ACCClass A USD ACCClass P USD ACCClass P HKD ACCClass P RMB HEDGED ACCClass L USD ACC
2024-10-101.0552081.06721.0680410.9922111.0666061.0600951.0018860.911499
2024-10-091.0554581.0670621.0678960.9899731.0664631.0599671.0019040.909456
2024-10-081.054651.0669281.0677540.9914541.0663221.0598421.0007660.910827
2024-10-071.0542851.0667921.0676110.9905921.0661811.059716
2024-10-041.0542131.0663561.0671530.9877841.0657281.059309
2024-10-031.0535771.0662131.0670030.9857671.065581.059176
2024-10-021.0551951.0660561.0668380.9845071.0654161.059028
2024-09-301.053651.0657721.0665390.9790751.0651211.058764
2024-09-271.0544621.0653361.0660820.9815961.0646681.058357
2024-09-261.0542861.0652041.0659420.9833441.064531.058235
2024-09-251.0546641.0650551.0657860.984531.0643761.058095
2024-09-241.0545551.0649041.0656270.9886111.0642181.057953
2024-09-231.0536241.0647661.0654820.9872441.0640751.057825
2024-09-201.0536271.0643261.065020.9882291.0636181.057414
2024-09-191.0541091.0641771.0648630.9915541.0634631.057275
2024-09-171.0535761.0638891.0645610.9921811.0631641.057006
2024-09-161.0533591.063741.0644040.9918111.0630091.056866
2024-09-131.0533751.0632951.0639370.9964781.0625461.05645
2024-09-121.0530071.0631541.0637880.9948291.06241.056319
2024-09-111.0528311.0630051.0636330.9960111.0622461.05618
2024-09-101.0526841.0628571.0634770.9949291.0620911.056041
2024-09-091.0523651.0627121.0633250.9892831.0619411.055906
2024-09-051.052321.0621141.0626970.9937671.061321.055346
2024-09-041.0523591.0619661.0625420.9945291.0611671.055208
2024-09-031.0520531.0618131.0623810.9926621.0610081.055064
2024-09-021.0521251.0616651.0622250.988471.0608541.054926
2024-08-301.0512321.0612131.0617520.9891181.0603851.054503
2024-08-291.0516211.0610591.0615910.9939041.0602261.054359
2024-08-281.0516921.0609121.0237661.0614370.9940671.0600731.054221
2024-08-271.0513081.0607691.0233271.0612860.9923921.0599241.054087
2024-08-261.0515191.0606241.0262351.0611330.9952041.0597731.053952
2024-08-231.0510811.0601971.0252621.0606850.994241.0593291.053554
2024-08-221.0511441.0600541.0247061.0605340.9936951.059181.05342
2024-08-211.0507371.0599131.025821.0603860.9947681.0590341.053288
2024-08-201.0504221.059761.0256571.0602260.9946041.0588761.053145
2024-08-191.0503411.0595911.0296731.060050.9984911.0587021.052986
2024-08-161.050381.0591651.027911.0596020.996761.0582581.052588
2024-08-151.0496221.0590251.0249321.0594550.9938671.0581131.052458
2024-08-141.0498271.0588721.0290321.0592940.9978351.0579541.052315
2024-08-131.0495291.0587121.0303261.0591270.9990831.0577891.052165
2024-08-121.0499161.0585671.028951.0589740.9977421.0576371.052028
2024-08-091.0495231.0581291.0284391.0585140.9972261.0571831.051619
2024-08-081.049291.057971.0310661.0583480.9997661.0570181.05147
2024-08-071.048831.0578281.0246331.0581980.9935231.056871.051337
2024-08-061.0479751.0576821.0190741.0580460.9881251.0567191.051201
2024-08-051.048621.0575191.0331631.0578751.001781.056551.051047
2024-08-021.0482941.0570711.03891.0574051.0073221.0560851.050628
2024-08-011.0478981.056921.0351141.0572481.0036441.0559291.050487
2024-07-311.0477881.0567511.0404341.0570711.0087951.0557541.050327
2024-07-301.0478341.0565951.040711.0569081.0090561.0555931.050181
2024-07-291.0475321.0564431.0393721.0567491.0077511.0554351.050038
2024-07-261.0469371.0559951.0331351.0562791.0016841.054971.049619
2024-07-251.0471171.0558521.0432841.0561291.0115171.0548221.049486
2024-07-241.0468321.0557011.0428481.0559711.0110881.0546651.049344
2024-07-231.0466721.0555511.0431721.0558131.0113951.0545081.049204
2024-07-221.0464751.0553981.0416191.0556531.0098821.054351.04906
2024-07-191.0462051.0549451.0398281.0551781.0081251.053881.048635
2024-07-181.0459711.0547971.0385521.0550231.0068821.0537261.048497
2024-07-171.0458821.0546311.0413051.0548491.0095431.0535541.04834
2024-07-161.0457411.0544951.0396421.0547071.0079241.0534131.048214
2024-07-151.0456951.0543491.0392681.0545531.0075551.0532611.048077
2024-07-121.0451321.053891.0396591.0540731.0079141.0527861.047647
2024-07-111.0452061.0537171.0414591.0538921.0096521.0526071.047483
2024-07-101.0450691.0535661.0408671.0537331.0090711.052451.047341
2024-07-091.0447871.0534191.0405651.053581.0087711.0522981.047205
2024-07-081.0451391.0532621.0399391.0534161.0081571.0521351.047057
2024-07-051.0444081.0528081.0408611.052941.009031.0516651.046632
2024-07-041.0444441.0526641.0425021.0527891.0106141.0515151.046497
2024-07-031.0444251.0525121.0425651.052631.0106691.0513581.046354
2024-07-021.0446921.0523621.0408481.0524721.0089971.0512021.046214
2024-06-281.0436911.0517521.040331.0518331.0084671.050571.045642
2024-06-271.0434741.0515881.0402671.0516621.0082751.05041.045487
2024-06-261.0435851.0514181.0383881.0514851.0064471.0502241.045326
2024-06-251.0436131.0512571.0378721.0513161.0059411.0500581.045175
2024-06-241.0434821.0511071.0383651.0511591.0064121.0499021.045034
2024-06-211.0429511.0506491.0377571.050681.0058011.0494281.044605
2024-06-201.0429121.0505011.0362011.0505251.0042861.0492741.044466
2024-06-191.0429561.0503441.0359891.0503611.0040741.0491111.044319
2024-06-181.0427371.0501891.034841.0501991.0032031.0489511.044173
2024-06-171.0428271.0500321.0352261.0500341.003571.0487881.044025
2024-06-141.0423381.0495841.0339741.0495651.0023361.0483241.043606
2024-06-131.0422831.0494311.0341211.0494051.0024721.0481651.043462
2024-06-121.0421881.0492811.0340591.0492481.0024051.048011.043322
2024-06-111.0426451.0491131.0334521.0490721.001811.0478361.043163
2024-06-071.0415761.0485191.031831.048451.000211.0472211.042607
2024-06-061.0416071.0483651.0308541.0482890.9992581.0470621.042463
2024-06-051.0413561.0482171.0301971.0481340.9986131.0469081.042324
2024-06-041.0412191.0480621.0312381.0479720.9996161.0467471.042178
2024-06-031.0412581.0479061.0314251.0478081.0004511.0465851.042031
2024-05-311.040491.0474541.0300151.0473351.0461171.041608
2024-05-301.0403991.0473091.0319171.0471831.0459671.041472
2024-05-291.0406141.0471611.0310611.0470281.0458131.041333
2024-05-281.0402371.0470171.0298981.0468771.0456641.041199
2024-05-271.0404421.0468661.0299621.0467181.0455071.041057
2024-05-241.0397991.0464181.0287271.0462491.0450431.040637
2024-05-231.0396891.0462691.0280131.0460931.0448881.040498
2024-05-221.0396611.0461231.0270751.0459391.0447361.04036
2024-05-211.0392581.0459791.0265521.0457891.0445871.040226
2024-05-201.0394861.0458261.0252531.0456291.0444281.040083
2024-05-171.0391131.0453761.0229841.0451571.0439621.039661
2024-05-161.0384361.0452161.0230971.044991.0437971.03951
2024-05-141.0387231.0449151.0256771.0446751.0434841.039228
2024-05-131.0387111.0447561.0234811.0445081.0433191.039078
2024-05-101.0379321.0443061.0237481.0440371.0428531.038656
2024-05-091.0380171.044151.0233551.0438741.0426911.038509
2024-05-081.0381051.0439941.0225651.0437111.042531.038362
2024-05-071.0378471.043851.0200761.043561.0423811.038228
2024-05-061.0375091.0437021.0180921.0434051.0422271.038089
2024-05-031.0372481.0432591.0228641.0429411.0417681.037674
2024-05-021.0374741.0430971.0242741.0427721.04161.037521
2024-04-301.0371741.0427741.0250881.0424351.0412661.037217
2024-04-291.0371381.0426231.0262251.0422771.041111.037075
2024-04-261.0367141.0422161.0261641.0418481.0406871.036696
2024-04-251.0369151.0420651.0264241.041691.040531.036554
2024-04-241.0369561.0419141.0258241.0415321.0403731.036412
2024-04-231.036871.0417671.0239431.0413781.0402211.036275
2024-04-221.0366171.0416221.0237581.0412261.0400711.036139
2024-04-191.0360761.041181.0234641.0407621.0396121.035725
2024-04-181.0355791.0410271.0231871.0406031.0394541.035581
2024-04-171.0358151.0408831.0255011.0404521.0393051.035447
2024-04-161.035181.0407361.023931.0402971.0391511.035308
2024-04-151.0354511.0405611.0244351.0401151.0389711.035143
2024-04-121.0351821.0401291.0230941.0396621.0385231.034738
2024-04-111.034951.0399811.0208481.0395081.038371.0346
2024-04-101.0347451.0398421.0208531.0393621.0382251.03447
2024-04-091.034651.0396951.0214551.0392081.0380731.034333
2024-04-081.0343141.0395451.0203211.039051.0379171.034191
2024-04-051.0338891.0391121.0208681.0385971.0374681.033787
2024-04-031.0338511.0388221.0224561.0382921.0371671.033514
2024-04-021.0335971.0386771.0208631.0381411.0370171.033379
2024-03-281.0326851.0379081.0204311.0373361.036221.032656
2024-03-271.0327641.0377531.0191531.0371741.036061.03251
2024-03-261.0328471.0376441.0199741.0370581.0359451.03241
2024-03-251.032911.0374981.0224331.0369051.0357951.032274
2024-03-221.0323381.0370541.0137991.036441.0353341.031857
2024-03-211.0321971.0369041.0141591.0362831.0351791.031716
2024-03-201.0322581.0367621.0134861.0361341.0350311.031583
2024-03-191.0321081.0366181.0124041.0359831.0348821.031449
2024-03-181.0320071.0364581.0119241.0358161.0347171.031298
2024-03-151.0314621.0360191.0101761.0353561.0342611.030886
2024-03-141.0315551.0358771.0109781.0352071.0341131.030754
2024-03-131.0313971.0357431.0077581.0350661.0339741.030629
2024-03-121.0311541.0355971.0091891.0349131.0338231.030492
2024-03-111.0310891.0354521.0105351.0347611.0336721.030356
2024-03-081.0310381.0351.0113011.0342881.0332041.029932
2024-03-071.0307661.0348651.0123191.0341461.0330631.029805
2024-03-061.0304671.0347181.011461.0339921.0329111.029668
2024-03-051.0302791.0345691.0111741.0338361.0327571.029528
2024-03-041.0305441.0344181.0114051.0336781.03261.029386
2024-03-011.0300341.0339811.0106551.033221.0321471.028976
2024-02-291.0300191.0338511.0115091.0330831.0320111.028855
2024-02-281.0298351.0337071.0103731.0329321.0318621.028721
2024-02-271.0296211.033571.0097491.0327891.031721.028593
2024-02-261.029761.033431.009851.0326421.0315741.028462
2024-02-231.029131.0329791.0077721.032171.0311081.028039
2024-02-221.0292081.0328341.0075881.0320181.0309561.027903
2024-02-211.0288621.0327031.008161.031881.030821.027781
2024-02-201.0287691.0325571.0095021.0317281.0306691.027644
2024-02-191.0286591.0324231.010351.0315861.0305291.027519
2024-02-161.0282961.0319771.0102911.0311191.0300671.0271
2024-02-151.0281561.0318251.0107581.0309611.029911.026958
2024-02-141.0275871.0317111.0087581.030841.0297911.026853
2024-02-091.0273841.0309731.0080931.0300671.0290261.02616
2024-02-081.0273841.0307971.0073341.0298841.0288451.025993
2024-02-071.027451.0306511.005711.0297311.0286931.025856
2024-02-061.0272011.0305011.0084421.0295751.0285391.025716
2024-02-051.0269481.0303561.0041651.0294231.0283881.02558
2024-02-021.0268381.0299071.0045931.0289531.0279231.025158
2024-02-011.026391.029761.0034311.0287991.0277711.02502
2024-01-311.0262021.0296171.0032631.0286491.0276221.024886
2024-01-301.0259371.0294741.0036961.0284991.0274741.024752
2024-01-291.0258861.0293221.001721.028341.0273171.024609
2024-01-261.0257041.028871.0004161.0278671.0268491.024184
2024-01-251.0255451.0285590.9999881.027551.0265331.023884
2024-01-241.0254651.0285631.0275471.0265311.023896
2024-01-231.0250861.0284181.0273941.0263811.023759
2024-01-221.024791.0282621.0272311.0262191.023612
2024-01-191.0246421.0278091.0267581.0257511.023187
2024-01-181.0245511.0276471.026591.0255841.023034
2024-01-171.0246771.0274961.0264321.0254281.022893
2024-01-161.024281.0273381.0262671.0252641.022743
2024-01-151.024381.0271911.0261131.0251121.022606
2024-01-121.0236941.0267381.0256391.0246421.022179
2024-01-111.0238151.0265791.0254731.0244781.022029
2024-01-101.0233931.026451.0253381.0243451.02191
2024-01-091.0228081.0263061.0251871.0241951.021774
2024-01-081.0232021.0261511.0250251.0240341.021628
2024-01-051.0225971.0257051.0245591.0235731.021209
2024-01-041.0217571.0255541.0244011.0234161.021068
2024-01-031.0225331.0253931.0242331.023251.020916
2024-01-021.020441.0252371.024071.0230891.020769
2023-12-291.022031.0246411.0234471.0224721.020209
2023-12-281.0219911.0244781.0232771.0223041.020055
2023-12-271.0219471.0243031.0230951.0221231.019889
2023-12-221.0212231.0235641.0223221.0213581.019195
2023-12-211.0204761.0234121.0221631.02121.019052
2023-12-201.0201891.0232661.022011.0210491.018915
2023-12-191.0201651.0231141.0218521.0208931.018773
2023-12-181.0200131.0229571.0216871.020731.018624
2023-12-151.0195911.0224831.0211941.020241.018178
2023-12-141.0197621.0223241.0210271.0200761.018027
2023-12-131.0196421.0221761.0208721.0199221.017888
2023-12-121.0187751.0220741.0207641.0198161.017796
2023-12-111.0194671.0219241.0206081.019661.017655
2023-12-081.0188471.021441.0201031.019161.017198
2023-12-071.0183531.0212941.019951.0190091.01706
2023-12-061.0187451.0211311.0197811.0188411.016907
2023-12-051.0183761.0209841.0196271.0186891.016769
2023-12-041.0182181.0208221.0194581.0185221.016616
2023-12-011.0178681.0203881.0190041.0180711.016209
2023-11-301.0176791.0202511.018861.0179291.016081
2023-11-291.0172181.0201081.018711.0177811.015946
2023-11-281.017061.0199631.0185581.0176311.015811
2023-11-271.0168391.0198031.0183911.0174651.015659
2023-11-241.0165251.0193511.017921.0169981.015235
2023-11-231.0164381.01921.0177611.0168421.015092
2023-11-221.016331.0190491.0176041.0166861.01495
2023-11-211.0161281.0188981.0174461.016531.014808
2023-11-201.0160161.0187461.0172871.0163731.014665
2023-11-171.0154171.0182911.0168121.0159021.014237
2023-11-161.0158861.0181341.0166481.0157391.014088
2023-11-151.015931.017981.0164881.0155811.013944
2023-11-141.0152861.0178331.0163331.0154281.013805
2023-11-131.015211.017681.0161741.015271.013661
2023-11-101.014661.0172451.0157191.014821.013254
2023-11-091.0147631.0170821.0155491.0146521.013099
2023-11-081.014761.016931.015391.0144941.012956
2023-11-071.0146331.0167741.0152281.0143331.012809
2023-11-061.0144241.0166231.015071.0141761.012667
2023-11-031.0142941.0161881.0146141.0137261.012258
2023-11-021.0138321.016061.014481.0135831.012139
2023-11-011.0138981.0159061.0143191.0134191.011994
2023-10-311.0136121.0157661.0141721.0132691.011863
2023-10-301.0139631.0156151.0140151.0131121.011721
2023-10-271.0132711.0151841.0135641.0126621.011317
2023-10-261.0131161.0150281.0134011.0124971.01117
2023-10-251.0130231.0148861.0132521.012341.011036
2023-10-241.0133861.014731.0130891.0121691.010889
2023-10-201.0124461.0141481.012481.0115611.010342
2023-10-191.0125921.0139941.012321.0113971.010198
2023-10-181.0123381.0138651.0121841.0112541.010077
2023-10-171.0118061.0137251.0120381.0111041.009947
2023-10-161.0120351.0135621.0118681.0109331.009792
2023-10-131.0117621.0131431.0114291.0104971.0094
2023-10-121.0113551.0129841.0112631.0103321.009249
2023-10-111.0110941.0128621.0111351.0102041.009137
2023-10-101.0113971.0126991.0109651.0100321.008982
2023-10-061.0110871.0121191.0103581.0094251.008438
2023-10-051.0107061.0119741.0102071.0092681.008302
2023-10-041.0107871.0118061.0100321.0090961.008142
2023-10-031.0108631.0116631.0098821.0089391.008008
2023-09-291.009941.0111671.0093591.0084251.007547
2023-09-281.0097531.0110351.0092211.0082751.007424
2023-09-271.0098191.0109021.0090811.0081251.0073
2023-09-261.0093391.0107711.0089431.0079821.007178
2023-09-251.009391.0106191.0087841.0078171.007034
2023-09-221.009431.0101961.0083421.0073741.006638
2023-09-211.0095441.0100521.0081911.0072171.006503
2023-09-201.0088551.0099171.008051.0070671.006377
2023-09-191.0087381.0097751.0079011.006911.006243
2023-09-181.0098851.0096181.0077371.0067381.006096
2023-09-151.0094081.0091931.0072921.0062951.005698
2023-09-141.0088571.0090421.0071351.0061311.005556
2023-09-131.0087311.0089161.0070011.0059881.005438
2023-09-121.0090371.008771.0068491.0058311.0053
2023-09-111.009821.0086211.0066931.0056671.00516
2023-09-071.0095621.0080611.0061061.0050811.00464
2023-09-061.008981.0079161.0059551.0049241.0045
2023-09-051.0081791.0077761.0058081.0047741.00436
2023-09-041.0094371.0076341.0056591.0046161.00422
2023-08-311.0089321.007021.0050191.003981.00364
2023-08-301.0087621.0068871.0048791.003831.003509
2023-08-291.0085031.0067481.0047341.0036951.003374
2023-08-281.0082291.0066151.0045941.0035591.00325
2023-08-251.0074481.0062041.0041631.003131.00285
2023-08-241.005661.0060651.0040181.002981.00271
2023-08-231.0055821.0059281.0038741.0028371.00257
2023-08-221.0055031.005791.003731.0026871.002413
2023-08-211.0054241.0056521.0035851.0025371.002284
2023-08-181.0049521.005241.0031531.0021011.001897
2023-08-171.0050421.0051031.0030091.0019511.00177
2023-08-161.0041581.0049651.0028651.0018081.00163
2023-08-151.0035991.0048271.002721.0016651.001489
2023-08-141.0034891.0046881.0025451.0015151.00136
2023-08-111.0027741.0042751.0021451.001081.00096
2023-08-101.0029641.0041371.0020011.000921.00082
2023-08-091.0019231.0041.0018571.000761.00068
2023-08-081.0008821.0038581.0017091.00061.00054
2023-08-071.0010591.0037181.0015621.000441.0004
2023-08-041.0002961.0033081.001132
2023-08-030.9994741.0031661.000985
2023-08-020.9983061.0030381.00085
2023-08-010.9987651.0029031.000708
2023-07-310.9983921.0027531.000552
2023-07-280.9987431.0023591.000137
2023-07-270.9982031.002228
2023-07-260.9995951.002094
2023-07-250.9993621.001961
2023-07-240.999911.001828
2023-07-210.999571.001422
2023-07-201.001284
2023-07-190.999571.001157
2023-07-180.9997081.001027
2023-07-141.0008591.001241
2023-07-131.00061.000318
2023-07-121.0006821.000259
2023-07-111.0004651.000041
2023-07-101.000369
2023-07-071.000000
Key Facts

Manager:

GF International Investment Management Limited

Sub-Manager: GF Asset Management (Hong Kong) Limited

Custodian:

CMB Wing Lung (Trustee) Limited

Dealing frequency:

Daily, each day (other than a Saturday or Sunday) on which banks in Hong Kong are open for normal banking business

Base currency:

USD

Dividend policy:

  Class A Accumulation, Class C Accumulation, Class P Accumulation – Dividends, if any, will be re-invested. 

  Class A Distribution, Class C Distribution, Class P Distribution – Dividends, if any, will be declared on a monthly basis, subject to the Manager’s discretion. Distributions may, at the Manager’s discretion, be paid out of the capital or effectively out of the capital of the Sub-Fund, which will result in an immediate reduction of net asset value (“NAV”) per share. Distribution, if any, will be paid to Shareholders in USD normally within one calendar month after the declaration of such distribution by the Manager.

Financial year end of the Sub-Fund:

  31 December

  Class

  Class A (USD) Units, Class A (HKD) Units,

  Class A (RMB) Units, Class A (USD) PF Units, Class A (HKD) PF Units and Class A (RMB) PF Units

   

  Current

  Maximum

Subscription Charge

(% of the total subscription amount)

   

  Up to 3%

  3%

Redemption Charge

(% of the total redemption amount)

  Nil

  Nil

Management Fee

(% of the Net Asset Value of the relevant Class per annum)

  0.1%

  0.1%

Performance Fee

(Applicable for PF Units only)

  N/A

  N/A

   

   

   

INVESTING IN THE FUND AND REDEMPTION OF UNITS

Classes

Class A (USD) Units and PF Units

Class A (HKD) Units and PF Units

Class A (RMB) Units and PF Units

 

 

 

 

Minimum Initial Subscription Amount

USD100

HKD1,000

RMB1,000

 

 

 

 

Minimum Subsequent Subscription Amount

USD100

HKD1,000

RMB1,000

 

 

 

 

Minimum Redemption Amount

USD100

HKD1,000

RMB1,000

 

 

 

 

Minimum Holding Amount

USD100

HKD1,000

RMB1,000

Document Download
Fund Documents
Financial Reports
Notices & Announcements