HSBC Global Asset Management Announces Change to the HSBC Emerging Markets Pooled Fund
VANCOUVER, British Columbia--(BUSINESS WIRE)--Dec 17, 2020--
HSBC Global Asset Management (Canada) Limited, manager of HSBC Mutual Funds and Pooled Funds, announced today that on or around 15 January 2021 the investment strategy of the HSBC Emerging Markets Pooled Fund (the “Fund”) will be changing.
The Fund’s investment strategy will change to selecting stocks with a focus on company fundamentals balanced by top-down factors including investment megatrends, politics, fiscal picture, inflation, and monetary policy.
For a period of time as it transitions to the above strategy, the Fund’s investment advisor intends to invest a portion of the Fund’s assets in securities of exchange traded funds, index funds, derivatives, or other securities that will provide it with exposure to the Fund’s benchmark until the Fund has fully invested according to its investment strategy.
No other changes will be made to the Fund’s strategies. The fundamental investment objective and risk classification of the Fund will not change.
For further information on the Fund, please refer to the simplified prospectus and annual information form of the HSBC Mutual Funds and Pooled Funds available on www.assetmanagement.hsbc.ca and www.sedar.com.
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KEYWORD: NORTH AMERICA CANADA
INDUSTRY KEYWORD: BANKING PROFESSIONAL SERVICES FINANCE
SOURCE: HSBC Global Asset Management (Canada) Limited
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PUB: 12/17/2020 04:30 PM/DISC: 12/17/2020 04:30 PM