REG - HSBC Global Funds - Shareholder Notice - Overseas Fund Regime

MatchAnnouncement

18/09/2025 10:30

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RNS Number : 8796Z  HSBC Global Funds ICAV  18 September 2025

 

IMPORTANT INFORMATION ABOUT THE DEREGISTRATION OF SHARE CLASSES FROM THE UK
TEMPORARY MARKETING PERMISSIONS REGIME (TMPR). THIS DOCUMENT CONTAINS
IMPORTANT INFORMATION ABOUT THE SHARE CLASS(ES) IN WHICH YOU ARE INVESTED. IF
YOU ARE IN ANY DOUBT AS TO THE ACTION YOU SHOULD TAKE, YOU SHOULD IMMEDIATELY
CONSULT YOUR STOCKBROKER, BANK MANAGER, SOLICITOR, ACCOUNTANT OR FINANCIAL
ADVISER.

 

18 September 2025

 

 

Dear Investor,

 

We, the board of directors of the Company (the "Board"), are writing to let
you know that your investment in one or more of the sub-funds of the Company
listed in Appendix 1 (each a "Fund" and together the "Funds"). We are writing
to let you know that your investment in the Fund may be impacted as a result
of the Fund's transition to the Overseas Fund Regime ("OFR") in the United
Kingdom ("UK"). This letter is intended to explain the possible impact of the
Fund's transition into the OFR on your investment.

 Background

The share classes listed below in Appendix 1 are currently registered under
the Temporary Marketing Permissions Regime ("TMPR") in the UK. The TMPR was
introduced as an integral part of Brexit where its purpose was to allow
investment firms located in the European Economic Area ("EEA") to continue to
market certain of their investment funds in the UK, following the UK's
departure from the European Union. The TMPR has now been replaced by the OFR
and all EEA UCITS that are currently operating under the TMPR, excluding EEA
UCITS that have been authorised as money market funds, must transition to the
OFR by 31 December 2026 to remain authorised for distribution to the public in
the UK.

 Application for OFR Recognition

On 29 August 2025 the Management Company, HSBC Investment Funds (Luxembourg)
S.A. (as the "Operator" of the Company under the OFR regulation), applied for
OFR recognition for certain share classes of the Funds that were in the TMPR.
However, due to the limited number of UK shareholders in the share classes
listed in Appendix 1, these share classes have not been included in the Funds'
OFR application (each a "deregistered share class"). The Financial Conduct
Authority ("FCA"), the UK's financial regulator, has up to two months to
review the Fund's application and, if considered appropriate, grant OFR
recognition. Once the Fund is granted OFR recognition, the relevant share
classes, except those listed below in Appendix 1, will be recognised under the
OFR.

Options Available to you

Our records show that you hold shares in one or more of the deregistered share
classes listed below. You are not required to take any action and may continue
to hold your shares. However, please note that the Operator will no longer be
actively marketing the deregistered share classes in the UK and will also
request that its platform providers cease to distribute the deregistered share
classes in the UK.

If your shares are held in an Individual Savings Account ("ISA") or a Child
Trust Fund, (together a "wrapper"), they remain qualifying investments for
these wrappers as the Fund itself is recognised under the OFR.

However, if you are a UK investor, you should be aware that with effect from
31 December 2025 the deregistered share class(es) will no longer have UK
reporting fund status unless specified otherwise in Appendix 1 below.  This
may impact the amount of tax you are liable to pay in the UK. If you are in
any doubt about your potential tax liability, you should seek professional
advice regarding the tax implications of this change.

Should you decide that the share class(es) in which you hold your investment
no longer meet your needs, you may wish to (i) apply for redemption of your
shares or (ii) consider switching your existing shares to a share class of the
Fund that will be registered in the OFR, subject to meeting the eligibility
criteria of such share class.

If you wish to ensure your switch or redemption is completed before the change
of UK reporting fund status of the deregistered share class(es) in which you
are invested, instructions must be received before 2.00 p.m. Irish time on the
Dealing Day prior to 31 December 2025.

Reportable income for the period ending 31 December 2025 will be made
available at https://www.assetmanagement.hsbc.co.uk/en/.

You can view the list of share classes on
www.assetmanagement.hsbc.com/fundinfo
(http://www.assetmanagement.hsbc.com/fundinfo) which currently lists all share
classes registered in the UK. This list will be updated to exclude the share
classes listed below at the appropriate time.

The prospectus of the Company as well as the annual and semi-annual reports of
the Company are also available on www.assetmanagement.hsbc.com/fundinfo
(http://www.assetmanagement.hsbc.com/fundinfo) .

Regardless of which option you choose, you will not be charged any switching
or redemption fees by HSBC. However, please note that some distributors,
paying agents, correspondent banks or intermediaries might charge switching
and/or transaction fees or expenses at their own discretion.

The clarification detailed above are sent to you for your information only.
Please take a moment to review the above information. If you still have
questions, please contact your local agent or HSBC Asset Management office.

 

If you have sold or transferred all of your interests in the share classes
(listed below in Appendix 1), please pass this letter at once to the purchaser
or transferee or to the stockbroker, bank or other agent through whom the sale
or transfer was affected for transmission to the purchaser or transferee as
soon as possible.

 

This letter has not been reviewed by the Central Bank of Ireland (the "Central
Bank") and it is possible that changes may be necessary to meet the Central
Bank's requirements. The board of directors of the ICAV (the "Directors")
accepts responsibility for the information contained in this letter. To the
best of the knowledge and belief of the Directors (who have taken all
reasonable care to ensure that such is the case) the information contained in
this document is in accordance with the facts and does not omit anything
likely to affect the import of such information.

 

Capitalised terms used in this letter and not defined shall having the meaning
given to those terms in the prospectus for the ICAV dated 17 November 2023, as
may be amended from time to time (the "Prospectus").

 

 

Yours sincerely,

 

 

Director

For and on behalf of

the ICAV

 

 

Appendix 1

 Fund Name                                                                      ISIN                                       Deregistered Share Class  UK Fund Reporting Status
 HSBC Global Funds ICAV - China Government Local Bond UCITS ETF                 IE00BLH1RT05                               S7CEUR                    NO
 HSBC Global Funds ICAV - China Government Local Bond UCITS ETF                 IE00BNDNYH11                               S7C                       NO
 HSBC Global Funds ICAV - China Government Local Bond UCITS ETF                 IE00BH4GHH87                               HCHKD                     NO
 HSBC Global Funds ICAV - China Government Local Bond UCITS ETF                 IE000672Y0V6                               ZQ1HJPY                   NO
 HSBC Global Funds ICAV - Cross Asset Trend Fund                                IE000N38Z259                               XCH                       NO
 HSBC Global Funds ICAV - Cross Asset Trend Fund                                IE000YXJNDW2                               SCH                       NO
 HSBC Global Funds ICAV - Cross Asset Trend Fund                                IE0005MTJ7R7                               BDGBP                     NO
 HSBC Global Funds ICAV - Digital Leaders Equity Fund                           IE000P4QDOK2                               ACHEUR                    NO
 HSBC Global Funds ICAV - Digital Leaders Equity Fund                           IE000UNTAWR7                               ACHHKD                    NO
 HSBC Global Funds ICAV - Digital Leaders Equity Fund                           IE000I7NMIR9                               BC                        NO
 HSBC Global Funds ICAV - Digital Leaders Equity Fund                           IE000BR5ZUH5                               SC                        NO
 HSBC Global Funds ICAV - Digital Leaders Equity Fund                           IE0008GMLSX4                               TC                        NO
 HSBC Global Funds ICAV - Digital Leaders Equity Fund                           IE000PJPLJM8                               XCHEUR                    NO
 HSBC Global Funds ICAV - Digital Leaders Equity Fund                           IE000TGRB3E3                               XCHHKD                    NO
 HSBC Global Funds ICAV - Digital Leaders Equity Fund                           IE000H8W9FF9                               AC                        NO
 HSBC Global Funds ICAV - Euro Corporate Bond UCITS ETF                         IE000QODJG43                               XCHCHF                    NO
 HSBC Global Funds ICAV - Euro Corporate Bond UCITS ETF                         IE000UMQ24N2                               ZQFIX8.5HJPY              NO
 HSBC Global Funds ICAV - Euro Corporate Bond UCITS ETF                         IE000LI0SXX1                               AC                        NO
 HSBC Global Funds ICAV - Euro Government Bond UCITS ETF                        IE000DEKT3P6                               XCHCHF                    NO
 HSBC Global Funds ICAV - Euro Government Bond UCITS ETF                        IE00082FSJC6                               AC                        NO
 HSBC Global Funds ICAV - Euro Lower Carbon Government 10+ Year Bond UCITS ETF  IE000ZDZ2R55                               SCHCHF                    NO
 HSBC Global Funds ICAV - Euro Lower Carbon Government 10+ Year Bond UCITS ETF  IE000JFE68P7                               SC                        NO
 HSBC Global Funds ICAV - Euro Lower Carbon Government 10+ Year Bond UCITS ETF  IE000A2623Y9                               AC                        NO
 HSBC Global Funds ICAV - Euro Lower Carbon Government 1-3 Year Bond UCITS ETF  IE0007ALDAT4                               SCHCHF                    NO
 HSBC Global Funds ICAV - Euro Lower Carbon Government 1-3 Year Bond UCITS ETF  IE000WU4DEM9                               SC                        NO
 HSBC Global Funds ICAV - Euro Lower Carbon Government 1-3 Year Bond UCITS ETF  IE000R8B5GD4                               AC                        NO
 HSBC Global Funds ICAV - Global Aggregate Bond ESG UCITS ETF                   IE000MLDJ6D6                               XCHEUR                    NO
 HSBC Global Funds ICAV - Global Aggregate Bond ESG UCITS ETF                   IE000L5V7MP4                               S6CHCHF                   NO
 HSBC Global Funds ICAV - Global Aggregate Bond UCITS ETF                       IE00BJXS6M75                               HCHKD (HUSD)              NO
 HSBC Global Funds ICAV - Global Aggregate Bond UCITS ETF                       IE00BF0Q3D68                               ACH                       NO
 HSBC Global Funds ICAV - Global Aggregate Bond UCITS ETF                       IE000KK4WM10                               S6CHCHF                   NO
 HSBC Global Funds ICAV - Global Corporate Bond UCITS ETF                       IE00BJXS6N82                               HCH                       NO
 HSBC Global Funds ICAV - Global Corporate Bond UCITS ETF                       IE00BJXS6P07                               HCHKD (HUSD)              NO
 HSBC Global Funds ICAV - Global Corporate Bond UCITS ETF                       IE000CH7EYG1                               XCHEUR                    NO
 HSBC Global Funds ICAV - Global Corporate Bond UCITS ETF                       IE00BL0BM692                               ZQ1HJPY                   NO
 HSBC Global Funds ICAV - Global Corporate Bond UCITS ETF                       IE00BMQ5F416                               ZM1HJPY                   NO
 HSBC Global Funds ICAV - Global Corporate Bond UCITS ETF                       IE000S5VHT68                               SCHCHF                    NO
 HSBC Global Funds ICAV - Global Corporate Bond UCITS ETF                       IE000DZG6F14                               ZQFIX8.5HJPY              NO
 HSBC Global Funds ICAV - Global Emerging Market Government Bond Index Fund     IE00BH4GHJ02                               HC                        NO
 HSBC Global Funds ICAV - Global Emerging Market Government Bond Index Fund     IE00BH4GHK17                               HCHKD                     NO
 HSBC Global Funds ICAV - Global Emerging Market Government Bond Index Fund     IE00BL0BMW58                               ZQ1HJPY                   NO
 HSBC Global Funds ICAV - Global Emerging Market Government Bond Index Fund     IE00BMQ5F630                               ZM1HJPY                   NO
 HSBC Global Funds ICAV - Global Emerging Market Government Bond Index Fund     IE000JYSFHB3                               ZQFIX8.5HJPY              NO
 HSBC Global Funds ICAV - Global Equity Index Fund                              IE00BGN96T65                               ZC                        NO
 HSBC Global Funds ICAV - Global Equity Index Fund                              IE00BGNBPY04                               BC                        NO
 HSBC Global Funds ICAV - Global Equity Index Fund                              IE00BJLML261                               HCHKD                     NO
 HSBC GLOBAL FUNDS ICAV - GLOBAL ESG GOVERNMENT BOND UCITS ETF                  IE000RWOCAZ0                               XCHEUR                    NO
 HSBC GLOBAL FUNDS ICAV - GLOBAL ESG GOVERNMENT BOND UCITS ETF                  IE00049W2VK7                               SCHCHF                    NO
 HSBC GLOBAL FUNDS ICAV - GLOBAL ESG GOVERNMENT BOND UCITS ETF                  IE000MIM86H7                               ZQHCHF                    YES
 HSBC Global Funds ICAV - Global Government Bond UCITS ETF                      IE00BL0BM700                               ZQ1HJPY                   NO
 HSBC Global Funds ICAV - Global Government Bond UCITS ETF                      IE00BLGYBK92                               ZCHHKD                    NO
 HSBC Global Funds ICAV - Global Government Bond UCITS ETF                      IE000GH11407                               XCHEUR                    NO
 HSBC Global Funds ICAV - Global Government Bond UCITS ETF                      IE000N2XUA64                               WCHKD                     NO
 HSBC Global Funds ICAV - Global Government Bond UCITS ETF                      IE00BMQ5F523                               ZM1HJPY                   NO
 HSBC Global Funds ICAV - Global Government Bond UCITS ETF                      IE000QL3QEM2                               ETFCHEUR                  NO
 HSBC Global Funds ICAV - Global Government Bond UCITS ETF                      IE000MWV1H63                               ZQFIX8.5HJPY              NO
 HSBC Global Funds ICAV - Global Sukuk UCITS ETF                                IE000I865OW2                               AQ                        NO
 HSBC Global Funds ICAV - Global Transition Resources Equity Fund               IE000WNXMAP0                               ACHEUR                    NO
 HSBC Global Funds ICAV - Global Transition Resources Equity Fund               IE000EF3K119                               ACHGBP                    NO
 HSBC Global Funds ICAV - Global Transition Resources Equity Fund               IE000C9DBWB0                               ACHHKD                    NO
 HSBC Global Funds ICAV - Global Transition Resources Equity Fund               IE0009ACT1I6                               AC                        NO
 HSBC GLOBAL FUNDS ICAV - HSBC MSCI EMERGING MARKETS SMALL CAP SCREENED FUND    IE000MHWH4A2                               XC                        NO
 HSBC GLOBAL FUNDS ICAV - HSBC MSCI EMERGING MARKETS SMALL CAP SCREENED FUND    IE000A0WNSG3                               S1CGBP                    NO
 HSBC GLOBAL FUNDS ICAV - HSBC MSCI EMERGING MARKETS SMALL CAP SCREENED FUND    IE000VYTWY88                               S1DGBP                    NO
 HSBC GLOBAL FUNDS ICAV - HSBC MSCI EMERGING MARKETS SMALL CAP SCREENED FUND    IE0006N67QR9                               XCGBP                     NO
 HSBC GLOBAL FUNDS ICAV - HSBC MSCI EMERGING MARKETS SMALL CAP SCREENED FUND    IE000PZUQIL7                               XDGBP                     NO
 HSBC GLOBAL FUNDS ICAV - HSBC MSCI EMERGING MARKETS VALUE SCREENED FUND        IE000U81YDK1                               XC                        NO
 HSBC GLOBAL FUNDS ICAV - HSBC MSCI EMERGING MARKETS VALUE SCREENED FUND        IE000CVG6720                               S1CGBP                    NO
 HSBC GLOBAL FUNDS ICAV - HSBC MSCI EMERGING MARKETS VALUE SCREENED FUND        IE000LQYISI9                               S1DGBP                    NO
 HSBC GLOBAL FUNDS ICAV - HSBC MSCI EMERGING MARKETS VALUE SCREENED FUND        IE000OE2LAL6                               XCGBP                     NO
 HSBC GLOBAL FUNDS ICAV - HSBC MSCI EMERGING MARKETS VALUE SCREENED FUND        IE0002TJJLA3                               XDGBP                     NO
 HSBC Global Funds ICAV - HSBC MSCI World Fund                                  IE000YJVEGZ1                               SC                        NO
 HSBC Global Funds ICAV - HSBC MSCI World Fund                                  IE0004SOX6Z4                               SD                        NO
 HSBC Global Funds ICAV - HSBC MSCI World Fund                                  IE000JW3NSV6                               SCHCHF                    NO
 HSBC Global Funds ICAV - HSBC MSCI World Fund                                  IE000KMPZZ44                               ACEUR                     NO
 HSBC Global Funds ICAV - HSBC MSCI World Fund                                  IE000T9O7LI9                               S6C                       NO
 HSBC Global Funds ICAV - HSBC MSCI World Fund                                  IE000AM82245                               S6D                       NO
 HSBC Global Funds ICAV - HSBC MSCI World Fund                                  IE000A6LI147                               S3C                       NO
 HSBC Global Funds ICAV - HSBC MSCI World Fund                                  IE000WTR8SS6                               S3D                       NO
 HSBC Global Funds ICAV - Multi Factor US Equity Fund                           IE000L0O3NR1                               AC                        NO
 HSBC Global Funds ICAV - Multi Thematic Equity Fund                            IE000RUP2AY1                               AC                        NO
 HSBC Global Funds ICAV - Multi-Factor EMU Equity Fund                          IE00BN0T3979                               ZC                        NO
 HSBC Global Funds ICAV - Multi-Factor EMU Equity Fund                          IE000W1OUET0                               ZQFIX8.5HJPY              NO
 HSBC Global Funds ICAV - Multi-Factor EMU Equity Fund                          IE000ADS74X3                               ZQ1HJPY                   NO
 HSBC Global Funds ICAV - Shariah Multi Asset Fund                              IE000VHCH4V1                               AM                        NO
 HSBC Global Funds ICAV - Shariah Multi Asset Fund                              A share classes not sold in UK as bundled  AC                        NO
 HSBC Global Funds ICAV - Sustainable Development Bank Bonds UCITS ETF          IE000MNKMLN0                               SCHCHF                    NO
 HSBC Global Funds ICAV - Sustainable Development Bank Bonds UCITS ETF          IE0008BHR5J2                               ZSHCHF                    NO
 HSBC Global Funds ICAV - Sustainable Development Bank Bonds UCITS ETF          IE000S9GVI68                               ZS1HCHF                   YES
 HSBC Global Funds ICAV - Sustainable Development Bank Bonds UCITS ETF          IE0002XHLRA2                               ZCHCHF                    NO
 HSBC Global Funds ICAV - US Corporate Bond UCITS ETF                           IE00040G5NI0                               XCHCHF                    NO
 HSBC Global Funds ICAV - US Corporate Bond UCITS ETF                           IE00040UL011                               ZQFIX8.5HJPY              NO
 HSBC Global Funds ICAV - US Corporate Bond UCITS ETF                           IE000NWJRRD8                               XCHEUR                    NO
 HSBC Global Funds ICAV - US Corporate Bond UCITS ETF                           IE00032NJHS4                               ACHEUR                    NO
 HSBC Global Funds ICAV - US Equity Index Fund                                  IE00BGN96X02                               ZC                        NO
 HSBC Global Funds ICAV - US Equity Index Fund                                  IE00BGNBPW89                               BC                        NO
 HSBC Global Funds ICAV - US Equity Index Fund                                  IE00BK4W5M84                               HCHKD                     NO
 HSBC Global Funds ICAV - US Equity Index Fund                                  IE00BJBYL440                               ACEUR                     NO
 HSBC Global Funds ICAV - US Equity Index Fund                                  IE00BK4W5L77                               HC                        NO

 

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