HSBC European Index Fund Retail Income

The Fund aims to track the performance of the FTSE Developed Europe excluding UK Index before the deduction of charges and tax. The Index is made up of large and medium sized companies covering developed markets in Europe excluding the UK.

The Fund will invest directly in shares of all the companies that make up the Index and in the same or very similar proportions in which they are included in the Index. The Fund may also hold cash and other funds managed by the HSBC Group to manage day-to-day cash flow requirements. The anticipated tracking error for the Fund is expected to be up to 0.10%.

The Fund may not invest in all the companies of the Index to manage transaction costs or to reflect market conditions, regulations, or HSBC’s banned weapons policy. The Fund may also enter into securities lending transactions for up to 29% of its assets, although this is not expected to exceed 25%. Additionally, income is reinvested, and investors should note that this Fund may not be appropriate for those planning to withdraw their money within a period of 5 years.

https://www.assetmanagement.hsbc.co.uk/en/institutional-investor/funds/gb00b80qgh28