Why is my Sharia Plan changing?
Weβre making a technical change by moving your investments to a new share class of the same fund β the HSBC Islamic Global Equity Index Fund. This helps us continue to offer the same plan at the same cost to you.
What exactly is changing?
Same fund β HSBC Islamic Global Equity Index Fund
Investments moved automatically, with no action required
No change to your fees or how your money is managed
It's a technical change to a new share class of the fund
What is a "share class"?
A share class is a version of the same fund with slight differences in structure, such as how fees are handled. You stay invested in the same underlying fund β this is a technical switch only.