Value Partners Group, a Hong Kong-listed independent asset manager, has launched three money market exchange-traded funds ( ETFs ), a new suite of defensive investment solutions designed to help investors manage cash with enhanced liquidity and efficiency.

The ETFs – Value Partners HKD Money Market ETF ( 3421 HKD ), Value Partners RMB Money Market ETF ( 3420 HKD; 83420 RMB ), and Value Partners USD Money Market ETF ( 3480 HKD; 9480 USD ) – will invest primarily in a portfolio of short-term, high-quality money market instruments issued by governments, quasi-governments, international organizations, financial institutions, and corporations.

The funds aim to deliver capital stability and steady income with low volatility, plus daily dealing without a lock-up period to allow investors quick access to their capital. Traded on-exchange like stocks, they offer retail investors a flexible and convenient way to manage idle capital.   

At the same time, investors are offered additional options to diversify their portfolios across multiple issuers, while also strengthening portfolio resilience by generating potential yield through the utilization of idle funds.

"The launch of our money market ETFs arrives during a favourable environment for this asset class. The ETFs allow investors to earn a competitive yield on their idle cash while maintaining a high degree of capital preservation and liquidity, meeting a critical need in today’s uncertain market climate,” says Gordon Ip, chief investment officer, fixed income, at Value Partners. “This initiative also highlights our ambition to capture growing retail demand for simple, transparent cash management tools, but also to contribute to a more vibrant and diversified ETF marketplace in Hong Kong."

Global money market funds have seen significant inflows, with assets under management reaching approximately US$7.3 trillion as of September 24 2025. This trend reflects a growing preference for capital preservation amid heightened macroeconomic uncertainty.   

Value Partners says its money market ETFs allow investors to participate in this defensive universe through accessible, transparent, and flexible ETF solutions across three key currencies: the HKD Money Market ETF for local currency management, the RMB Money Market ETF to capture opportunities from the renminbi's internationalization, and the USD Money Market ETF for US dollar exposure.