We have been informed by HSBC Global Asset Management of the following changes to HSBC Global Investment Fund (the Company ) and its sub-funds:

Transcription

1 Fund Announcement: 10 August HSBC Global Investment Funds (the Company ) Corporate Action We have been informed by HSBC Global Asset Management of the following changes to HSBC Global Investment Fund (the Company ) and its sub-funds: 1. Charging Structure Disclosure of Management Fees 2. Termination of Sub-Funds Increase in Threshold for Liquidation of each Sub-Fund For more information, please refer to the attached notification from HSBC Manager Change to RIC World Equity Fund II We have been informed by Russell Investments on the addition of the Global Income strategy managed by Pacific Investment Management Company (PIMCO) to the above mentioned fund. Please find the changes in Manager Weights as follows: Manager Fund Weights (%) Role in the Fund Old New* GCIC (Goodman) Momentum-driven growth Harris Value-oriented, large-cap MFS Quality, consistent growth PIMCO Market-oriented with a yield emphasis Sanders Thematic Value T. Rowe Price Earnings Growth RIS Ex-Tradewinds portfolio Vanguard ETF Neutralise Emerging Markets Underweight *As at 06/07/2012 For more information, kindly refer to the attached notification Termination of the LionGlobal AUD Short Duration Fund (the Fund ) We have been informed by Lion Global Investors that the Fund will be terminated on 31 October As at 2 July 2012, the aggregate net asset value of the Fund has fallen below AUD 5 million, and as a result, the expense ratio of the Fund has been consistently high. Lion Global believes that at such a high expense ratio, the Fund will not provide a favourable level of return, and hence it is in the interest of unitholders to the Fund to terminate it. We have already ceased accepting monies for subscription. RSP has also been terminated earlier

2 The following sets out the various options which may be available to you: Option 1 Hold You may continue to hold existing units in the fund until the termination of the Sub-Funds on 31 October 2012 (in which the proceeds will be paid to you as soon as reasonably practicable after the fund closure). Option 2 Switching of existing units You may switch to another fund that is available on our website. Option 3 Redemption of existing units You may redeem your units in the fund at the prevailing NAV. No realization charge will be imposed in respect of such realization. This option will be available to you from now till 30 October 2012, 3pm. For more information, kindly refer to the attached notice from Lion Global Termination of LionGlobal TEAM (the Fund ) Termination of LionGlobal TEAM (the Fund ) - LionGlobal Industrials & Resources Investment - LionGlobal Healthcare Investment (each a Sub-Fund and collectively the Sub-Funds ) We have been informed by Lion Global Investors that the above Sub-Funds will be terminated with effect from 31 October As at 2 July 2012, the aggregate net asset value of each Sub-Fund has fallen below S$5 million, and as a result, the expense ratio of the respective Sub-Funds has been consistently high. Lion Global believes that at such a high expense ratio, the Sub-Funds will not provide a favourable level of return to unitholders, hence it is in the interest of unitholders to terminate the Sub-Funds. We will cease accepting monies for subscription on 17 August 2012 (cut off time for paper submission and isign 12pm, ipass 3pm). Please note that all RSPs will also be terminated on 17 August The following sets out the various options which may be available to you: Option 1 Hold You may continue to hold existing units in the fund until the termination of the Sub-Funds on 31 October 2012 (in which the proceeds will be paid to you as soon as reasonably practicable after the fund closure). Option 2 Switching of existing units You may switch to another fund that is available on our website

3 Option 3 Redemption of existing units You may redeem your units in the fund at the prevailing NAV. No realization charge will be imposed in respect of such realization. This option will be available to you from now till 30 October 2012, 3pm. For more information, kindly refer to the attached notice from Lion Global Legg Mason Global Funds plc- Annual General Meeting The Annual General Meeting (AGM) of Legg Mason Global Funds plc will be held at a.m. (Irish time) on 31 August 2012 at Arthur Cox Building, Earlsfort Terrace, Dublin 2. Hence, please reply to clienthelp@fundsupermart.com by 28 August 2012 and indicate clearly if you would like to vote FOR or AGAINST the resolutions. For more information, please refer to the attached notice from Legg Mason. Proxy_ pdf 6. Nikko AM Shenton Global Advantage Fund Outcome of EGM We have been informed by Nikko Asset Management that the extraordinary resolution set out in the Notice of Meeting dated 2 July 2012 was duly passed. Therefore, the current investment focus and approach of the Fund shall be amended with effect from 2 November In addition, the following changes will also be made to the Fund with effect from 2 November 2012: The name of the Fund will be changed to Nikko AM Shenton Emerging Enterprise Discovery Fund The benchmark against which the Fund s performance is measured will be changed from the MSCI World Small Cap Index to the MSCI Asia ex Japan Small Cap Index The current management fee of 1.75% pa will be reduced to 1.50% pa The TCW Group, Inc. will cease to be the sub-manager of the Fund Changes to the applicable market capitalization Affected clients are given the following options: Option 1 Hold Clients may continue to hold existing units in the fund, no action is required

4 Option 2 Switching of existing units Clients may switch to another fund that is available on our website for free from now till 1 November 2012, 3pm. For SRS clients, you may wish to switch into any of the SRS funds available on our website. Option 3 Redemption of existing units Clients may redeem their units in the fund at the prevailing NAV. No realization charge will be imposed in respect of such realization. This option is available until 1 November 2012, 3pm. For more information, please refer to the attached notification from Nikko Asset Management Notice to Unitholders - Schroder Alternative Solutions We have been informed by Schroder Investment of the following changes in the Prospectus of Schroder Alternative Solutions: 1) Change to Dealing Cut-Off Time 2) Change to the definition of a Business Day and a Dealing Day This notice is for your information only, no action is required of you. For more information, kindly refer to the attached notifications from Schroder Investment Management Dividend Payout for Fidelity US Dollar Bond A SGD Hedged Dividend Rate per unit : SGD Dividend Payout for AB Glb High Yield-AT USD Declaration Date : 30 August 2012 Dividend Rate per unit : USD Ex Date : 31 August 2012 Reinvestment/ Payout Date : Mid September

5 10. Dividend Payout for Eastspring Investments MIP M Declaration Date : 31 August 2012 Dividend Rate per unit : SGD Ex Date : 3 September 2012 Reinvestment/ Payout Date : End September Dividend Payout for Eastspring Inv Asian Equity Income SGD Class ASDQ Dividend Rate per unit : SGD Dividend Payout for Eastspring Inv Asian High Yield Bond SGD Class ASDM (H) Dividend Rate per unit : SGD Dividend Payout for United Singapore Growth Fund Dividend Rate per unit : SGD 0.06 Reinvestment/ Payout Date : Early September Dividend Payout for United Emerging Markets Bond Fund Dividend Rate per unit : SGD Dividend Payout for Schroder Singapore Trust Cl A Declaration Date : 16 July 2012 Dividend Rate per unit : SGD 0.02 Ex Date : 17 July 2012 Reinvestment/ Payout Date : Early September Dividend Payout for Fidelity Sterling Bond A GBP Dividend Rate per unit : GBP

6 17. Dividend Payout for Fidelity European High Yield AMDIST EUR Dividend Rate per unit : EUR Dividend Payout for Fidelity US High Yield AMDIST USD Dividend Rate per unit : USD Dividend Payout for Fidelity Asian HY AMDIST USD Dividend Rate per unit : USD Dividend Payout for Fidelity Asian Bond AMDIST USD Dividend Rate per unit : USD Dividend Payout for Fidelity Asian Special Situations A USD Dividend Rate per unit : USD Dividend Payout for Fidelity Australia A AUD Dividend Rate per unit : AUD

7 23. Dividend Payout for Fidelity EmEur MidEast & Africa A USD Dividend Rate per unit : USD Dividend Payout for Fidelity Euro Bond A EUR Dividend Rate per unit : EUR Dividend Payout for Fidelity European Aggressive A EUR Dividend Rate per unit : EUR Dividend Payout for Fidelity European Growth A EUR Dividend Rate per unit : EUR Dividend Payout for Fidelity European High Yield A EUR Dividend Rate per unit : EUR Dividend Payout for Fidelity France A EUR Dividend Rate per unit : EUR Dividend Payout for Fidelity Germany A EUR Dividend Rate per unit : EUR

8 30. Dividend Payout for Fidelity Glb Financial Services A EUR Dividend Rate per unit : EUR Dividend Payout for Fidelity Greater China USD Dividend Rate per unit : USD Dividend Payout for Fidelity Iberia A EUR Dividend Rate per unit : EUR Dividend Payout for Fidelity Italy A EUR Dividend Rate per unit : EUR Dividend Payout for Fidelity Latin America A USD Dividend Rate per unit : USD Dividend Payout for Fidelity Malaysia A USD Dividend Rate per unit : USD

9 36. Dividend Payout for Fidelity South East Asia A USD Dividend Rate per unit : USD Dividend Payout for Fidelity Taiwan A USD Dividend Rate per unit : USD Dividend Payout for Fidelity Thailand A USD Dividend Rate per unit : USD Dividend Payout for Fidelity US High Yield A USD Dividend Rate per unit : USD Dividend Payout for Fidelity Asia Pacific Dividend A USD Dividend Rate per unit : USD Dividend Payout for Fidelity US Dollar Bond A USD Dividend Rate per unit : USD Dividend Payout for Fidelity Asian HY AMDIST SGD Hedged Dividend Rate per unit : SGD

10 43. Dividend Payout for Fidelity ASEAN A SGD Dividend Rate per unit : SGD Dividend Payout for Fidelity Asian Special Situations A SGD Dividend Rate per unit : SGD Dividend Payout for Fidelity Emerging Market Debt A SGD Dividend Rate per unit : SGD Dividend Payout for Fidelity Emerging Market Fund A SGD Dividend Rate per unit : SGD Dividend Payout for Fidelity European Aggressive A SGD Dividend Rate per unit : SGD Dividend Payout for Fidelity Glb Inflation Bond SGD Hedged Dividend Rate per unit : SGD

11 49. Dividend Payout for Fidelity Growth & Income A SGD Dividend Rate per unit : SGD Dividend Payout for Fidelity International A SGD Dividend Rate per unit : SGD Dividend Payout for Fidelity Japan A SGD Dividend Rate per unit : SGD Dividend Payout for Fidelity Multi Asset Navigator A SGD Dividend Rate per unit : SGD Dividend Payout for Fidelity South East Asia A SGD Dividend Rate per unit : SGD Dividend Payout for Fidelity Asia Pacific Dividend A SGD Dividend Rate per unit : SGD Dividend Payout for AB Glb High Yield-AT SGD-H Declaration Date : 30 July 2012 Dividend Rate per unit : SGD Ex Date : 31 July

12 Fair Dealing ifast is committed to sustainable business practices that are supported by a range of initiatives. For ifast, fair dealing is about conducting our business in a transparent and ethical way that enhances value for all of our stakeholders and delivers fair dealing outcomes to our customers. Fair dealing is central to ifast and the senior management and the board of ifast are committed to aligning the direction of ifast with fair dealing outcomes to all stakeholders. We recognise that this is a journey and best practice is continuously evolving