Securities

HSBC Saudi Arabia announces details of non-fundamental changes in the Multi-Asset Funds

Date: 15th July 2021G

Corresponding to: 5th Thul-Hijjah1442H

 

HSBC Saudi Arabia announces details of non-fundamental changes in the Multi-Asset Funds

 

Dear Valued Customer,

 

HSBC Saudi Arabia announces non-fundamental changes in HSBC Multi Assets Balanced Fund, HSBC Multi Assets Growth Fund and HSBC Multi Assets Defensive Fund, the changes will be effective on 29/12/1442H corresponding to 08/08/2021G. The updated prospectuses can also be viewed through the company's website.

The details of the non-fundamental changes are:

  • Update the Glossary table

  • Changing the cover page of the Fund's Key Fact Sheet

  • Correcting and clarifying some of the paragraphs

  • Removing the requirement of the client’s signature on some of the fund’s documents

  • Amending the investment objectives for the funds

  • Amending the responsibilities of the Auditor

 

Sincerely, 

 HSBC Saudi Arabia