Vancouver, British Columbia, December 20, 2022-(BUSINESS WIRE)–HSBC Global Asset Management (Canada) Limited (AMCA), manager of HSBC Mutual Funds, today announced the closing of the HSBC Sustainable Balanced Fund (the Fund). The fund will close on 30 December 2022. The closure of the fund will have no effect on other funds within the HSBC mutual fund family.
HSBC Bank Canada is the sole owner of the Fund, and the Fund has never been offered for sale to the public.
Note to editors:
HSBC Bank CanadaHSBC Holdings Pvt. We help companies and individuals across Canada do business and manage their money here and internationally through four businesses: Commercial Banking, Global Banking, Markets and Securities Services, and Wealth and Personal Banking.
HSBC Holdings PvtHSBC Bank Canada is headquartered in London. HSBC serves clients worldwide from offices in 64 countries and territories across its geographic regions: Europe, Asia, North America, Latin America, and the Middle East and North Africa. With assets of $2,992 billion as of September 30, 2022, HSBC is one of the world’s largest banking and financial services organizations. For more information, visit www.hsbc.ca or follow us on Twitter: @HSBC_CA or Facebook: @HSBCCanada
HSBC Global Asset Management (Canada) Ltd It is a wholly owned subsidiary of HSBC Bank of Canada and HSBC Asset Management is a Canadian business. HSBC Global Asset Management (Canada) Limited is HSBC’s mutual fund manager and principal investment advisor. HSBC Investment Fund (Canada) Inc. It is a major distributor of HSBC mutual funds. HSBC Mutual Funds are distributed through authorized dealers.
HSBC Asset Management, HSBC Global Asset Management (Canada), the parent company’s global asset management business, invests on behalf of HSBC’s global retail and individual clients, intermediaries, corporations and institutions in both segregated accounts and consolidated clients. and mutual funds. HSBC Asset Management connects HSBC clients to investment opportunities around the world through a global network of offices in over 20 locations, combining global capabilities with local market insight. In the year By 30 September 2022, HSBC Asset Management will manage assets totaling US$574bn on behalf of its clients.
HSBC Asset Management is the trading name of HSBC Holdings plc’s asset management businesses. For more information, see www.assetmanagement.hsbc.ca.
Check out the source version at businesswire.com: https://www.businesswire.com/news/home/20221220005685/am/
Caroline Creighton (416) 868-8282 [email protected]
Sharon Wilks (416) 868-3878 [email protected]