Endowus exports investment orders twice each business day:
- Morning — 9:00am (HKT): for the early-cutoff funds listed below.
- Afternoon — 1:30pm (HKT): for all other funds.
For an order in an early-cutoff fund confirmed before 9:00am on a valid business day, we will endeavour to process it for execution on the same business day in the morning export. For all other funds, orders confirmed before 1:30pm on a valid business day will be processed for execution that same business day. You can assume that the investment has taken place at the Fund’s Net Asset Value (‘trading price’) of that day.*
The final investment price, units, and trade date will be confirmed, while settlement will take 1–5 more business days to complete.
*Certain funds are an exception (listed in the Exceptions section below) and the trading price will be locked in after one or more additional days.
Early-cutoff funds (morning dealing — 9:00am cut-off)
The following funds have an earlier dealing cut-off and are submitted in the 9:00am morning export. If you hold these funds, your order cut-off and cancellation deadline are earlier than for other funds:
- HK0000478914 - GaoTeng WeInvest Money Market Fund “I” HKD ACC
- HK0000478872 - GaoTeng WeInvest Money Market Fund “A” HKD ACC
- HK0000584778 - GaoTeng WeValue USD Money Market Fund “P”USD ACC
- HK0000720810 - Ping An USD Money Market Fund “I” USD ACC
- HK0000996931 - Ping An Hong Kong Dollar Money Market Fund “I” HKD ACC
- HK0000943230 - Ping An RMB Bond Fund “A” CNY DIS
- HK0000096484 - Ping An RMB Bond Fund “A” USD DIS
- HK0000096476 - Ping An RMB Bond Fund “A” HKD DIS
- HK0000688116 - Ping An RMB Bond Fund “A” HKD ACC
- HK0000688124 - Ping An RMB Bond Fund “A” USD ACC
- HK0000956778 - iShares Hong Kong Equity Index Fund “D2” HKD ACC
Important — cancelling an order: If you wish to cancel an order that includes an early-cutoff fund, please contact us by 8:45am (HKT) on the relevant business day. Once the morning export is submitted at 9:00am, the order cannot be cancelled. Where a portfolio holds a mix of funds, the early-cutoff fund order is submitted in the morning and cannot be partially cancelled after this time, even if other funds in the same portfolio are only submitted in the afternoon. For all other (afternoon-only) orders, the cancellation deadline remains 1:30pm (HKT).
Exceptions — additional processing time
The following funds will require an additional day (T+1) for processing:
- IE00BJXS6M75 - HSBC GLOBAL AGGREGATE BOND INDEX "HC" (HKD) ACC
- IE00BH4GHK17 - HSBC GLOBAL EMERGING MARKET GOVERNMENT BOND INDEX "HCH" (HKD) ACC
- IE00BJXS6P07 - HSBC GLOBAL CORPORATE BOND UCITS ETF "HCH" (HKD) ACC
- HK0000465895 - HSBC GLOBAL MONEY FUNDS HONG KONG DOLLAR "C" (HKD) ACC
- HK0000465952 - HSBC GLOBAL MONEY FUNDS US DOLLAR "C" (USD) ACC
- HK0000055738 - JP MORGAN MONEY FUND - HK$ (HKD) ACC
Professional Investors Only
The following funds will require an additional day (T+1) for processing:
- IE00BF2MW353 - ISHARES GLOBAL AGGREGATE 1-5 YEAR BOND INDEX "D" (USD) INC
- IE00BD0NCN62 - ISHARES DEVELOPED WORLD INDEX "D" (USD) ACC
- IE00BYWYC907 - ISHARES EMERGING MARKETS INDEX "D" (USD) ACC F
- IE00BD0NCS18 - ISHARES JAPAN INDEX "D" (USD) ACC B
- IE00BD0NCP86 - ISHARES PACIFIC INDEX "D" (USD) ACC A
- IE00BYQX7S71 - NEUBERGER BERMAN CHINA BOND "I" (USD) ACC
- IE00BKC5WH35 - ALGEBRIS FINANCIAL CREDIT FUND "I" (HKDHDG) ACC
- IE00BK017B22 - ALGEBRIS FINANCIAL CREDIT FUND "I" (USDHDG) ACC
- IE00BK017C39 - ALGEBRIS FINANCIAL CREDIT FUND "ID"(USDHDG) INC
- IE000DISYLT4 - GMO RESOURCES UCITS "E" (USD) ACC
- LU1057469113 - LUMYNA BOFA MLCX COMMODITY ALPHA UCITS "B-5" (USD) ACC
- IE00BMBSCJ96 - AMUNDI BRIDGEWATER ALL WEATHER SUSTAINABILITY "A" (USD) ACC
- IE00BY7RRR74 - WELLINGTON EMERGING MARKET DEVELOPMENT "N" (USD) ACC
- LU2420245834 - AMUNDI INDEX GLOBAL AGGREGATE FUND (USD) ACC
- LU2420245750 - AMUNDI INDEX MSCI EMERGING MARKETS FUNDS (USD) ACC
- LU2420245321 - AMUNDI INDEX MSCI WORLD FUND (USD) ACC
- IE0007SUF6S0 - BLACKROCK ISHARES GLOBAL AGGREGATE 1-5 YEAR BOND INDEX FUND (USD) ACC
The following funds will require additional 2 days (T+2) for processing:
- IE00BKYBHH48 - UBP U ACCESS (IRL) CAMPBELL ABSOLUTE RETURN UCITS (USD) ACC
- IE000PWARWS0 - UBS O'CONNOR CHINA LONG-SHORT ALPHA STRATEGIES (USD) ACC
The following funds will require additional 3 days (T+3) for processing:
- JE00BLH31M78 - WILSHIRE MANAGED FUND - BRIDGEWATER FUND (USD) ACC
- LU0368700018 - UBSAM REAL ESTATE FUNDS SELECTION (USD) ACC
- LU0368699335 - UBSAM REAL ESTATE FUNDS SELECTION (USD) DIST
Valid Business Day
Your investments are executed on a best-effort basis on a valid business day, which excludes Hong Kong public holidays and Fund Holidays (as declared by the individual Fund Managers).
Please note that the cut-off time for setting up investments may be earlier than the times above if a valid business day falls on the eve of a public holiday.
Price of investment transaction
Unit trusts or mutual funds work on a 'forward pricing' basis. A unit trust only has one Net Asset Value (NAV) or 'trading price' per trading day. Generally, a Fund's trading price is calculated at the end of each trading day based on the closing market prices of the Fund’s securities. As the trading price is only known at the end of the trading day, you would not know the exact purchase price at the point of confirming the investment order.
When an investment transaction is reflected as "Completed", you can check the purchase price of each investment by following these steps: Go to the Activity page > Click on a transaction and the transaction details will be displayed.
AutoFX
If your cash balance in funding currency is insufficient. Please deposit cash before 5:00pm (HKT) on a valid business day, and we will endeavour to auto-convert to plan currency, then invest your money.
If your cash balance in funding currency is sufficient, you are all set. Your cash will be automatically converted into plan currency and invested at the earliest available trade date.