HSBC CHANGES LIFEMAP FUND NAMES TO WORLD SELECTION DIVERSIFIED FUNDS IN
CANADA

VANCOUVER, Dec. 17 /CNW/ - HSBC Global Asset Management (Canada) Limited has changed the names of HSBC LifeMap^® Portfolios to HSBC World Selection Diversified Funds^TM. The funds' investment objectives and risk profiles remain the same.

Former Fund Name	New Fund Name
HSBC LifeMap^® Conservative Portfolio	HSBC World Selection Diversified Conservative Fund
HSBC LifeMap^® Moderate Conservative Portfolio	HSBC World Selection Diversified Moderate Conservative Fund
HSBC LifeMap^® Balanced Portfolio	HSBC World Selection Diversified Balanced Fund
HSBC LifeMap^® Growth Portfolio	HSBC World Selection Diversified Growth Fund
HSBC LifeMap^® Aggressive Growth Portfolio	HSBC World Selection Diversified Aggressive Growth Fund

This change follows the recent merger of the HSBC LifeMap^® MM Portfolios into their equivalent HSBC LifeMap Portfolios on December 10, 2010.

With a minimum investment of $500, the enhanced World Selection Diversified Fund range now offers Canadian investors greater diversification opportunities and tactical asset allocation, all in one simple investment solution.

Marc Cevey, Chief Executive Officer, HSBC Global Asset Management (Canada) Limited, said: "We are changing the names of these funds to better reflect the global investment views adopted across World Selection^TM - a world-class wealth management platform now offered by HSBC in over 25 countries."

Investors in Canada will now have access to two World Selection offerings: the HSBC World Selection Diversified Funds (with minimum investment of $500) and HSBC World Selection Portfolio^TM service (for accounts above $50,000). More information about the funds is available on www.hsbc.ca and on www.sedar.com.

Notes to Editors:

1. HSBC Global Asset Management (Canada) Limited is a subsidiary of HSBC Bank Canada. HSBC Bank Canada, a subsidiary of HSBC Holdings plc, has more than 260 offices, including over 140 bank branches, and is the leading international bank in Canada. With around 8,000 offices in 87 countries and territories and assets of US$2,418 billion at 30 June 2010, the HSBC Group is one of the world's largest banking and financial services organizations.
2. HSBC Global Asset Management (Canada) Limited is the manager and primary investment advisor for HSBC Mutual Funds.  HSBC Investment Funds (Canada) Inc. is the principal distributor of HSBC Mutual Funds.  HSBC Mutual Funds are also distributed through authorized dealers. 
3. HSBC World Selection Portfolio ^TM is a discretionary portfolio management service offered by HSBC Global Asset Management (Canada) Limited. Under this discretionary service, assets of participating clients are invested in HSBC Pooled Funds, which are mutual funds managed by HSBC Global Asset Management (Canada) Limited and distributed by HSBC Investment Funds (Canada) Inc.
4. Commissions, trailing commissions, management fees, investment management fees and expenses may be associated with investments in the HSBC Mutual Funds, HSBC Pooled Funds and the HSBC World Selection Portfolio^TM service.  Please read the applicable account opening documentation and prospectus before applying for the HSBC World Selection Portfolio^TM service.  HSBC Mutual Funds, the HSBC World Selection Portfolio^TM service and the HSBC Pooled Funds are not guaranteed or covered by the Canada Deposit Insurance Corporation, HSBC Bank Canada, or any other deposit insurer.  The value of mutual fund investments changes frequently and past performance may not be repeated. The unit value of money market funds may not remain constant.

For further information:

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