Securities

Termination of HSBC Global Emerging Markets Equity Fund

06 July 2021G

Corresponding to 26 Dhul-Qa’da 1442H

 


RE: Termination of HSBC Global Emerging Markets Equity Fund

 

Dear Unitholder of the HSBC Global Emerging Markets Equity Fund,

 

In reference to our announcement published on 25/04/2021G on HSBC Saudi Arabia’s website, regarding the notification of the termination of the HSBC Global Emerging Markets Equity Fund.

HSBC Saudi Arabia would like to announce the liquidation of the whole assets of the Fund and depositing the liquidation proceeds into the accounts of the unitholders.

 

The final price per unit, based on which the assets of the Fund were liquidated, is USD13.5041 as per the last valuation of the Fund dated 29 June 2021G.

 

In case liquidation proceeds are not received, or you have any inquiry, please call our customer care at 920022688 or visit one of HSBC Saudi Arabia’s branches.

 

Kindly note that reinvestment of the liquidated proceeds in other HSBC Saudi Arabia funds shall be accepted without incurring any subscription fees, provided that the transaction must be executed no later than 31 August 2021G.

 

 

 

Sincerely,

 

HSBC Saudi Arabia