Notification of changes to the HSBC Global Equity Climate Change fund

AVAILABLE IN OUR DEFINED FUND RANGE PRODUCTS

• HSBC GIF Global Equity Climate Change AC Acc USD (the “Fund”)

Background

The Company is changing the investment objective of the Fund to ensure compliance with new guidelines published by the European Securities and Markets Authority (the “ESMA”) on funds' names using environmental, social and governance (“ESG”) or sustainability related terms. The main purpose of the ESMA guidelines is to enhance investor protection regarding funds named in ways suggesting that they meet certain sustainability standards.

The change

In order to comply with these changes, the Fund will increase its minimum proportion of investments aligned with the environmental or social characteristics promoted by the fund from 70% to 80%.

In addition, the Fund will apply Paris-Aligned Benchmarks (“PAB”) exclusions. 

Please refer to the HSBC Notification opposite for further details.

Policyholders invested in the Fund do not need to take any action, as the changes will happen automatically within the Fund. However, should policyholders wish to switch to an alternative fund, they can do so free of charge. They can visit the fund centre for their product to review the alternative fund choices available.  

We recommend that policyholders speak to their financial adviser before making any investment decisions.

For more information please visit: www.HSBCGlobalInvestorsFund.com