Effective today, HSBC Global Climate Change Fund is available for sale in Canada. The fund is managed by HSBC Investment Funds (Canada) Inc., a subsidiary of HSBC Global Asset Management (Canada) Ltd.

“The launch of the HSBC Global Climate Change Fund reflects our conviction that climate change is an ongoing and sustainable investment opportunity. This fund invests in companies that are responding to climate change issues and exhibit attractive investment characteristics. The HSBC Global Climate Change Fund is also the first climate change fund in Canada to use an active quantitative investment approach,” says Marc Cevey, CEO of HSBC Investment Funds (Canada) Inc.

The fund seeks long-term capital growth from equity securities issued in markets around the world by companies positioned to benefit from developing climate change solutions. Risk management and cost control are central to the investment strategy. The minimum investment amount is $500 for individual investors.

“The pace of action to combat climate change is increasing as governments, industry and commerce respond to growing public demand to change the way humans impact the environment. This means there are fast-developing opportunities for companies that successfully put climate change issues high on their corporate agenda,” adds Cevey.

Globally, the HSBC Group is committed to addressing the challenges of climate change and sustainability management lies at the heart of the HSBC Group’s core corporate values.

HSBC Investment Funds (Canada) Inc. is a subsidiary of HSBC Global Asset Management (Canada) Limited, which is wholly owned by HSBC Bank Canada.