Liquidation: HSBC FUNDS

Form Type: 497

Filing Date: 2025-02-28

Corporate Action: Liquidation

Type: New

Accession Number: 000120677425000093

Filing Summary: On February 28, 2025, HSBC Funds announced the liquidation of the HSBC Radiant U.S. Smaller Companies Fund and HSBC Radiant U.S. Smaller Companies Fund (Class I), collectively referred to as the Feeder Funds, and the HSBC Radiant U.S. Smaller Companies Portfolio, known as the Master Fund. Following the Board of Trustees' approval, the Funds will cease investment operations immediately and begin asset liquidation. The liquidation is planned to be completed by March 28, 2025. The Feeder Funds will stop selling shares to new and existing investors, except for reinvested dividends, but shareholders can redeem their shares until the Liquidation Date. Upon liquidation, all portfolio holdings will be converted to cash or liquid assets to distribute to shareholders. Shareholders of the Feeder Funds will receive their proportionate interest in net assets post-liquidation after applicable fees and expenses. Additionally, the Adviser has capped the operating expense ratio at 1.45% for Class A Shares and 0.90% for Class I Shares. Tax implications for shareholders regarding share redemptions upon liquidation are outlined, advising consultation with tax advisors.

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