Endowus unveils new diversified investment portfolios for Hong Kong investors

The CashUp Portfolios are single investment products that provide exposure to multiple funds.

Wealth management platform Endowus has launched short-term cash management solutions for its Hong Kong investors.

The Endowus CashUp Portfolios offer a single investment product that provides exposure to multiple funds, simplifying the investment process whilst providing diversification.

The portfolios come in two options: CashUp Simple and CashUp Plus. CashUp Simple is a lower risk portfolio, constructed with money market funds with a focus on capital preservation.

Its underlying funds adopt a nimble approach in managing shorter investment durations, smaller subscription amounts, and the portfolio’s key strength lies in its ability to capture prevailing market yields and deliver favourable total return.

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CashUp Plus, meanwhile, is a portfolio for investors willing to take slightly higher risk for potentially better returns, designed with money market and ultra-short duration bond funds, including US Treasury Bills, with ample levels of liquidity and a weighted average maturity of less than 60 days.

It also comes with no lock-up periods, subscription or withdrawal fees. 

The two portfolios are Best-in-Class money market and ultra-short duration fixed income funds from leading global managers, including Amundi, HSBC Asset  Management, and Ping An of China Asset Management (Hong Kong) Company Limited.