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HSBC Global Asset Management Launches HSBC World Selection Income Strategy Fund

10 May 2012

New York, NY - HSBC Global Asset Management (USA) Inc. today announced that it has launched the HSBC World Selection Income Strategy Fund, the latest addition to the HSBC World Selection Fund range of multi-asset, professionally diversified portfolios.

The Fund is intended for US retail investors and invests in a range of income-producing investments, including US government & investment-grade corporate bonds, high-yield bonds, emerging market bonds, US & international equities and real-estate. The Fund's primary objective is to provide investors a regular income stream through monthly income distributions and also aims to achieve moderate capital growth over the long-term to potentially help counteract the effects of inflation.

Available exclusively to HSBC customers with a minimum investment from as low as $250 for retirement accounts and $1,000 for non-retirement accounts, the HSBC World Selection Income Strategy Fund is a fund of funds that primarily invests in third-party and proprietary mutual funds and exchange-traded funds across a variety of income-producing asset classes. In addition to the goal of providing a regular income stream, the Fund may also share the benefits associated with the entire range of HSBC World Selection Funds, including:

  • Broad diversification across asset classes
  • Professional portfolio construction from our global team of experts at HSBC Global Asset Management
  • Ongoing tactical rebalancing
  • Expertise in selecting the underlying managers and funds from our global Multi-manager team of fund analysts

Deborah Hazell, CEO of HSBC Global Asset Management (USA) Inc, said: "Demand for income remains high amongst US investors led by demographic influences and stock-market volatility. However, with US interest rates and treasury yields at historic lows, we think the launch of the HSBC World Selection Income Strategy Fund is very timely. It offers investors the opportunity to receive a professionally constructed and well-diversified portfolio with the aim of delivering potentially higher yields than those currently offered by traditional income-producing vehicles."

The Fund trades in A shares: HINAX, I shares: HINBX and C shares: HINCX. For more information, please go to www.investorfunds.us.hsbc.com

Note to editors

Investment risks

Equity securities (stocks) are more volatile and carry more risk, than other forms of investments, including investments in high-grade fixed income securities. The net asset value per share of the Fund will fluctuate as the value of the securities in the portfolio changes. Common stocks, and funds investing in common stocks, generally provide greater return potential when compared with other types of investments. Value-based investments are subject to the risk that the broad market may not recognize their intrinsic value. Small capitalization funds typically carry additional risks, since smaller companies generally have a higher risk of failure and historically have experienced a greater degree of market volatility than average. There are risks associated with investing in a fund that invests in securities of foreign countries, such as erratic market conditions, economic and political instabilities and fluctuations in currency exchanges. Bond funds will tend to experience smaller fluctuations in value than stock funds. However, investors in any bond fund should anticipate fluctuations in price, especially for longer-term issues and in environments of rising interest rates. High-yield bonds are subject to greater risks than investment-grade bonds, such as the increased risk of default because of the lower credit quality of the issues. Alternative investments can include hedge funds, managed futures, real estate, commodities and derivatives contracts. Because of their complex nature, limited regulations and relative lack of liquidity they carry a higher risk than traditional investment types such as stocks, bonds and cash. An investment in money market funds is not insured or guaranteed by the FDIC or any other government agency.

HSBC Global Asset Management

HSBC Global Asset Management manages assets totaling US$400.2 billion, and is a leader in emerging markets strategies, with US$122.3 billion under management. Through its network of offices in approximately 30 countries, HSBC Global Asset Management invests worldwide for private clients, intermediaries, corporations and institutions, both in segregated accounts and pooled funds. (All figures as of December 31, 2011). For more information, see www.assetmanagement.hsbc.com

HSBC Global Asset Management (USA) Inc. serves as investment adviser to the HSBC Funds and Portfolios and receives fees for such services. All sub-advisers receive fees for their services. Shares of the Funds are not deposits or obligations of, or guaranteed or endorsed by, the advisers or any of their affiliates. Shares of the Funds are not federally insured by the U.S. Government, the Federal Deposit Insurance Corporation (FDIC), the Federal Reserve Board or any other agency or state. Shares of the Funds are subject to investment risk, including possible loss of principal invested. Foreside Distribution Services, L.P., member FINRA, the distributor, is not affiliated with the adviser.

NOT FDIC INSURED/NO BANK GUARANTEE/MAY LOSE VALUE

Investors should consider the investment objectives, risks, charges and expenses of the investment company carefully before investing. The prospectus contains this and other important information about the investment company. For clients of HSBC Securities (USA) Inc., please call 1-888-525-5757 for more information. For other investors and prospective investors, please call the Funds directly at 1-800-782-8183 or visit our website at www.investorfunds.us.hsbc.com. Investors should read the prospectus carefully before investing or sending money.

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