An anonymous director reports
HSBC GLOBAL ASSET MANAGEMENT (CANADA) LIMITED IS RENAMED RBC INDIGO ASSET MANAGEMENT INC. AND ANNOUNCES FUND NAME CHANGES AND CAPPING OF CERTAIN FUNDS AND SERIES
Effective today, upon the completion of the acquisition of HSBC Bank Canada by Royal Bank of Canada, HSBC Global Asset Management (Canada) Ltd., HSBC Canada's asset management division, became a wholly owned subsidiary of RBC and is renamed RBC Indigo Asset Management Inc. In addition, effective today, all HSBC mutual funds and HSBC pooled funds managed by RBC Indigo will be referred to as RBC Indigo mutual funds and RBC Indigo pooled funds and renamed. These name changes are set out herein. In addition, changes to certain other RBC Indigo funds are explained herein.
RBC Indigo strategic funds (formerly known as HSBC Wealth Compass funds) closed to new investors
Effective April 1, 2024, RBC Indigo strategic funds will be closed to new investors. Existing investors will continue to be able to add to their existing holdings.
Premium series and Premium T series of RBC Indigo mutual funds (formerly known as HSBC mutual funds) closed to new investors
Effective July 31, 2024, Premium series and Premium T series units of RBC Indigo funds will be closed to new investors. Existing investors will continue to be able to add to their existing holdings. Furthermore, the automatic switch program, pursuant to which Investor series and Investor T series units may be automatically reclassified to Premium series and Premium T series of the same fund, respectively, depending on the market value of an investor's units on the last business day of every month, will discontinue effective Aug. 1, 2024.
Fund name changes
Effective March 29, 2024, certain funds are renamed.
FUND NAME CHANGES
Current name New name
HSBC mutual funds RBC Indigo mutual funds
HSBC Canadian Money Market Fund RBC Indigo Canadian Money Market Fund
HSBC U.S. Dollar Money Market Fund RBC Indigo U.S. Dollar Money Market Fund
HSBC Mortgage Fund RBC Indigo Mortgage Fund
HSBC Canadian Short/Mid Bond Fund RBC Indigo Canadian Short/Mid Bond Fund
HSBC Canadian Bond Fund RBC Indigo Canadian Bond Fund
HSBC Global Corporate Bond Fund RBC Indigo Global Corporate Bond Fund
HSBC Emerging Markets Debt Fund RBC Indigo Emerging Markets Debt Fund
HSBC Monthly Income Fund RBC Indigo Monthly Income Fund
HSBC U.S. Dollar Monthly Income Fund RBC Indigo U.S. Dollar Monthly Income Fund
HSBC Canadian Balanced Fund RBC Indigo Canadian Balanced Fund
HSBC Dividend Fund RBC Indigo Dividend Fund
HSBC Equity Fund RBC Indigo Equity Fund
HSBC Small Cap Growth Fund RBC Indigo Small Cap Growth Fund
HSBC Global Equity Fund RBC Indigo Global Equity Fund
HSBC Global Equity Volatility Focused Fund RBC Indigo Global Equity Volatility Focused Fund
HSBC U.S. Equity Fund RBC Indigo U.S. Equity Fund
HSBC European Fund RBC Indigo European Fund
HSBC AsiaPacific Fund RBC Indigo AsiaPacific Fund
HSBC Chinese Equity Fund RBC Indigo Chinese Equity Fund
HSBC Indian Equity Fund RBC Indigo Indian Equity Fund
HSBC Emerging Markets Fund RBC Indigo Emerging Markets Fund
HSBC Emerging Markets Fund II RBC Indigo Emerging Markets Fund II
HSBC U.S. Equity Index Fund RBC Indigo U.S. Equity Index Fund
HSBC International Equity Index Fund RBC Indigo International Equity Index Fund
HSBC Emerging Markets Equity Index Fund RBC Indigo Emerging Markets Equity Index Fund
HSBC World Selection diversified funds RBC Indigo diversified funds
HSBC World Selection Diversified Conservative Fund RBC Indigo Diversified Conservative Fund
HSBC World Selection Diversified Moderate Conservative Fund RBC Indigo Diversified Moderate Conservative Fund
HSBC World Selection Diversified Balanced Fund RBC Indigo Diversified Balanced Fund
HSBC World Selection Diversified Growth Fund RBC Indigo Diversified Growth Fund
HSBC World Selection Diversified Aggressive Growth Fund RBC Indigo Diversified Aggressive Growth Fund
HSBC Wealth Compass funds RBC Indigo strategic funds
HSBC Wealth Compass Conservative Fund RBC Indigo Strategic Conservative Fund
HSBC Wealth Compass Moderate Conservative Fund RBC Indigo Strategic Moderate Conservative Fund
HSBC Wealth Compass Balanced Fund RBC Indigo Strategic Balanced Fund
HSBC Wealth Compass Growth Fund RBC Indigo Strategic Growth Fund
HSBC Wealth Compass Aggressive Growth Fund RBC Indigo Strategic Aggressive Growth Fund
HSBC pooled funds RBC Indigo pooled funds
HSBC Canadian Money Market Pooled Fund RBC Indigo Canadian Money Market Pooled Fund
HSBC Mortgage Pooled Fund RBC Indigo Mortgage Pooled Fund
HSBC Canadian Bond Pooled Fund RBC Indigo Canadian Bond Pooled Fund
HSBC Global High Yield Bond Pooled Fund RBC Indigo Global High Yield Bond Pooled Fund
HSBC Global Inflation Linked Bond Pooled Fund RBC Indigo Global Inflation Linked Bond Pooled Fund
HSBC Emerging Markets Debt Pooled Fund RBC Indigo Emerging Markets Debt Pooled Fund
HSBC Canadian Dividend Pooled Fund RBC Indigo Canadian Dividend Pooled Fund
HSBC Canadian Equity Pooled Fund RBC Indigo Canadian Equity Pooled Fund
HSBC Canadian Small Cap Equity Pooled Fund RBC Indigo Canadian Small Cap Equity Pooled Fund
HSBC U.S. Equity Pooled Fund RBC Indigo U.S. Equity Pooled Fund
HSBC International Equity Pooled Fund RBC Indigo International Equity Pooled Fund
HSBC Emerging Markets Pooled Fund RBC Indigo Emerging Markets Pooled Fund
HSBC Global Real Estate Equity Pooled Fund RBC Indigo Global Real Estate Equity Pooled Fund
Additional information regarding these changes and certain related changes affecting RBC Indigo will be set out in an amended and restated simplified prospectus of the RBC Indigo funds dated March 31, 2024, amending and restating the simplified prospectus dated June 27, 2023, as well as updated fund facts for the funds dated March 31, 2024, which will be available at the RBC Indigo website or at SEDAR+.
Please consult your adviser and read the prospectus or fund facts document before investing. There may be commissions, trailing commissions, management fees and expenses associated with mutual fund investments. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. RBC Indigo funds are offered by RBC Indigo and distributed through authorized dealers in Canada. RBC Indigo is a member of the RBC GAM group of companies and a wholly owned subsidiary of Royal Bank.
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