| Change Details | |
|---|---|
| Title | HSBC Asset Management (Fund Services UK) Limited |
| Type | Other events |
| Companies Impacted | Quilter Life & Pensions Limited Quilter Investment Platform Limited |
| Effective Date | 07 May 2026 |
| Change Details | Share Class Conversion |
| 1. Fund details | |
| Companies Impacted | Quilter Life & Pensions Limited Quilter Investment Platform Limited |
| Fund Group | HSBC Asset Management (Fund Services UK) Limited |
| Fund Name | HSBC Europe Ex-UK Equity (Share Class Retail) HSBC Income (Share Class Retail) HSBC Monthly Income (Share Class Retail) |
| Type of change | Share Class Conversion |
| Date conversion effective from | 07 May 2026 |
| Deadline for investors to switch out if appropriate | 11:00 on 29 April 2026 |
| Date fund suspended | 29 April 2026 |
| Is the event subject to shareholder approval? | No |
| 2. Fund details | |
| Current Fund | New Fund |
| HSBC Europe Ex-UK Equity (Share Class Retail) HSBC Income (Share Class Retail) HSBC Monthly Income (Share Class Retail) |
HSBC Europe Ex-UK Equity (Share Class C) HSBC Income (Share Class C) HSBC Monthly Income (Share Class C) |
| 3. Conversion details | |
| Will the phasing option automatically continue? | Yes |
| Will the rebalancing option automatically continue? | Yes |
| Will ongoing direct debit payments automatically be redirected into the new fund? | Yes |
| HSBC Europe Ex-UK Equity | |
| Bundled Fund | |
| Previous AMC | 1.50% |
| New AMC | 0.80% |
| Previous TER | 1.56% |
| New TER | 0.86% |
| Previous Reimbursed Amount (Charge Basis 2) | 0.50% |
| New Reimbursed Amount(Charge Basis 2) | 0.00% |
| Previous Reimbursed Rebate Rate(Charge Basis 3) | 0.70% |
| New Reimbursed Rebate Rate (Charge Basis 3) | 0.00% |
| HSBC Income (Acc / Inc) | |
| Bundled Fund | |
| Previous AMC | 1.50% |
| New AMC | 0.80% |
| Previous TER | 1.57 (Acc) / 1.55% (Inc) |
| New TER | 0.8% (Acc) 0.81% (Inc) |
| Previous Reimbursed Amount (Charge Basis 2) | 0.50% |
| New Reimbursed Amount(Charge Basis 2) | 0.00% |
| Previous Reimbursed Rebate Rate(Charge Basis 3) | 0.70% |
| New Reimbursed Rebate Rate (Charge Basis 3) | 0.00% |
| HSBC Monthly Income | |
| Bundled Fund | |
| Previous AMC | 1.25% |
| New AMC | 0.55% |
| Previous TER | 1.31% |
| New TER | 0.62% |
| Previous Reimbursed Amount (Charge Basis 2) | 0.50% |
| New Reimbursed Amount(Charge Basis 2) | 0.00% |
| Previous Reimbursed Rebate Rate(Charge Basis 3) | 0.70% |
| New Reimbursed Rebate Rate (Charge Basis 3) | 0.00% |
Client correspondence
- HSBC Europe Ex-UK Equity - Conversion - Bundled CB3
- HSBC Europe Ex-UK Equity - Conversion - Bundled CB12
- HSBC Europe Ex-UK Equity -Conversion - Adviser Model
- HSBC Income - Conversion - Bundled clients - CB1
- HSBC Income - Conversion - Bundled clients - CB3
- HSBC Monthly Income - Conversion - Bundled clients - CB3