HSBC Global Asset Management refiles management reports of fund performance

VANCOUVER, April 12, 2019 /CNW/ - HSBC Global Asset Management (Canada) Limited has refiled the Management Reports of Fund Performance (MRFPs) for the HSBC Wealth Compass^TM Funds (Funds). The purpose of the refiling is to correct an inadvertent misstatement of the management expense ratios (MER) reported in the MRFP for the Funds listed below. The effect on the Funds was immaterial and no other changes were made to the MRFPs.

	Previously Reported MER	Revised MER
HSBC Wealth Compass Conservative Fund - Investor Series	1.18%	0.90%
HSBC Wealth Compass Conservative Fund - Institutional Series	0.20%	0.15%
HSBC Wealth Compass Moderate Conservative Fund - Investor Series	1.56%	0.90%
HSBC Wealth Compass Moderate Conservative Fund – Institutional Series	0.17%	0.15%
HSBC Wealth Compass Balanced Fund - Investor Series	1.04%	0.95%
HSBC Wealth Compass Balance Fund - Institutional Series	0.24%	0.15%
HSBC Wealth Compass Growth Fund - Investor Series	1.10%	1.00%
HSBC Wealth Compass Growth Fund - Institutional Series	0.26%	0.15%
HSBC Wealth Compass Aggressive Growth Fund - Investor Series	1.13%	1.00%
HSBC Wealth Compass Aggressive Growth Fund - Institutional Series	0.27%	0.15%

The revised MRFPs are available through SEDAR at www.sedar.com and through the HSBC Mutual Funds website at www.assetmanagement.hsbc.ca.

Notes to editors:

1. HSBC Bank Canada, a subsidiary of HSBC Holdings plc, is the leading international bank in the country.  We help companies and individuals across Canada to do business and manage their finances internationally through three global business lines: Commercial Banking, Global Banking and Markets, and Retail Banking and Wealth Management. The HSBC Group is one of the world's largest banking and financial services groups with assets of US$2,558bn at 31 December 2018. Linked by advanced technology, the HSBC Group serves customers worldwide across 66 countries and territories in Europe, Asia, North and Latin America, and the Middle East and North Africa.  For more information visit www.hsbc.ca or follow us on Twitter: @hsbc_ca or Facebook: @HSBCCanada
2. HSBC Global Asset Management (Canada) Limited is a wholly-owned subsidiary of, but separate entity from, HSBC Bank Canada and is the Canadian business of HSBC Global Asset Management. It is also the manager of the HSBC Wealth Compass Funds.
3. HSBC Global Asset Management, the investment management business of the HSBC Group, invests on behalf of HSBC's worldwide customer base of retail and private clients, intermediaries, corporates and institutions through both segregated accounts and pooled funds. HSBC Global Asset Management connects HSBC's clients with investment opportunities around the world through an international network of offices in around 26 countries, delivering global capabilities with local market insight. As at 31 December 2018, HSBC Global Asset Management managed assets totalling US$455bn on behalf of its clients. For more information see www.global.assetmanagement.hsbc.com
   HSBC Global Asset Management is the marketing name for the asset management businesses of HSBC Holdings plc.
4. Commissions, trailing commissions, management fees, and expenses all may be associated with investments in the HSBC Mutual Funds. Please read the prospectus and Fund Facts before purchasing the HSBC Mutual Funds. The HSBC Mutual Funds are not guaranteed. The net asset values of all mutual funds, including the HSBC Mutual Funds, change frequently and past performance may not be repeated.
5. HSBC Wealth Compass^TM is a trademark of HSBC Group Management Services Limited.

SOURCE HSBC Global Asset Management (Canada) Limited

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