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HSBC Asset Management launches one equity Paris Aligned ETF

HSBC Asset Management announces the launch of one additional Paris Aligned ETFs, the HSBC MSCI JAPAN Climate Paris Aligned UCITS ETF

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By ETFWorld.co.uk


Objectives and Investment Policy

– The Fund aims to track as closely as possible the returns of the MSCI Japan Climate Paris Aligned Index.

– The Fund will invest in or gain exposure to shares of companies which make up the Index.

– The Index is a subset of the MSCI Japan Index and made up of shares of large and mid-sized companies (as measured by the market value of their shares) of the Japanese markets, as defined by the Index Provider.

– The Fund has sustainable investment as its objective and the Index has been designated as a reference benchmark under Article 9 of SFDR.

– The Index is designed to support investors seeking to reduce their exposure to transition and physical climate risks and who wish to pursue opportunities arising from the transition to a lower-carbon economy while aligning with the Paris Agreement requirements. It excludes shares of companies with exposure to controversial weapons, ESG controversies, tobacco, environmental harm, thermal coal mining, oil and gas, and power generation.

– The Index incorporates the task force on Climate-related Financial Disclosures recommendations and is designed to exceed the minimum standards of the EU Paris-Aligned Benchmark.

– The Fund is passively managed and aims to invest in the shares of the companies in generally the same proportion as in the Index.

There may be circumstances when it is not possible or practical for the Fund to invest in all constituents of the Index. If the Fund cannot invest directly in the companies that constitute the Index, it may gain exposure by using other investments such as depositary receipts, funds or derivatives.

– The Fund may invest up to 35% of its assets in securities from a single issuer during exceptional market conditions.

– The Fund may invest up to 10% of its assets in other funds, including other HSBC funds.

– The Fund may invest up to 10% of its assets in total return swaps and contracts for difference. However, this is not expected to exceed 5%.

– The Fund may also invest in derivatives for efficient portfolio management purposes (such as to manage risk and costs, or to generate additional capital or income) and for investment purposes.

– The Fund may enter into securities lending transactions for up to 30% of its assets. However, this is not expected to exceed 25%.

– Income is reinvested.

Fund

name

ISIN Stock

exchange

Currency  Sedol Benchmark Total expense ratio (TER)
HSBC MSCI JAPAN Climate Paris Aligned UCITS ETF  

IE000UU299V4

 

London Stock Exchange (LSE)

GBP  

BMH82S2

 

MSCI Japan Climate Paris Aligned Index

 

0.18%

 

HSBC MSCI JAPAN Climate Paris Aligned UCITS ETF

 

 

IE000UU299V4

 

London Stock Exchange (LSE)

USD  

BLPL1Z6

 

 

MSCI Japan Climate Paris Aligned Index

 

0.18%

Source: ETFWorld.co.uk

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