Money Market Funds |
Stable and profitable
✓0 subscription fee
✓Same day redemptions
✓Invest in lower-risk currency markets with stable daily returns
What are money market funds?
Money Market Fund (MMF) invests primarily in short-term deposits and higher quality money market products. The scope of investment includes short-term deposits, government bills, certificates of deposits, and so on. Money Market Funds are generally characterized by higher liquidity, lower risk, lower returns and lower volatility than other investment products and are suitable for all types of investors, especially the c conservative investors.

Features of Money Market Funds

Feature 1
Relatively Low Risk investment Products With Low Volatility
invests in lower-risk money markets, where financial products typically have high credit ratings. Providing is relatively stable daily return in order to protect the investment principal. The objective of a money market fund is to maintain a stable net worth, or fluctuate only slightly,and to add value while the value remains stable.
Feature 2
Flexible Subscriptions And Redemptions With Same-Day Cash Flow
Money Market funds usually have a shorter investment horizon and can be subscribed and redeemed at any time, providing greater liquidity. There is no lock-in period for subscribing to MMF on the Victory X App.

Same day redemptions

Hong Kong Dollar Currency Fund redemption can be made on the same day by submitting before 10:00am on every business day

Low investment threshold

0 fee for subscription and redemption of HKD Money Fund, starting fromHKD10,000/USD1,300

24x7 redemption service

One-APP subscription at anytime, anywhere to revitalise funds

Feature 3
Quality Management & Relatively Stable Returns
Victory Preferred's money market funds are selected based on performance, investment philosophy, portfolio,management team,management company and investment process, with the aim of providing clients with stable and additional returns.

CSOP Money Market ETF

HKDUSD
1-Day Annualised Yield3.59%3.19%
7-Day Annualised Yield3.49%4.12%
30-Day Annualised Yield3.61%4.39%

Data as at 23 Jan, 2025

The above information is sourced from CSOP, The above information and comparative results are for reference only, Past performance is no guarantee of future results.