Your gateway to a world of investments

Transcription

1 World Selection Portfolio Your gateway to a world of investments Access to local and global investment managers The World Selection Portfolio service leverages the expert capabilities and guidance of portfolio managers at HSBC Global Asset Management and other money management firms. Our team of global analysts at HSBC Global Asset Management is responsible for the selection and ongoing review of portfolio managers within the World Selection Portfolio service. The managers chosen have distinct investment approaches and specialize in different asset classes to help ensure your portfolio is well diversified throughout the economic cycle. With the World Selection Portfolio service, the model portfolios invest in HSBC Pooled Funds. Here you can find more information about the sub-advisors for the HSBC Pooled Funds. Please also refer to the HSBC Pooled Funds prospectus for more information.

2 Asset Allocation and Primary Investment Advisor HSBC Global Asset Management With over $419.1 billion under management, HSBC Global Asset Management specializes in providing targeted investment solutions to help meet the needs of our clients. We aim to deliver consistent value and long-term competitive performance while operating within a globally consistent, disciplined investment framework. Through our network of offices in over 30 countries worldwide, we offer clients a full range of investment capabilities. Our global and on-the-ground investment teams are supported by robust equity and credit research platforms which provide in-depth analysis and shared communication. Active risk management is integral to our investment processes. 2

3 Fixed Income HSBC Canadian Money Market Pooled Fund HSBC Mortgage Pooled Fund HSBC Canadian Bond Pooled Fund HSBC Global Asset Management (Canada) Limited Please see information on page 2. HSBC U.S. High Yield Bond Pooled Fund J.P. Morgan Asset Management (Canada) Inc. J.P. Morgan Asset Management is one of the largest asset and wealth managers in the world, with assets under management of approximately $1.5 trillion. A leading asset manager for individuals and institutions, J.P. Morgan s investment professionals are located in 41 offices around the world. As a result, J.P. Morgan offers global coverage with a strong local market presence, and leadership positions in many asset classes. J.P. Morgan Asset Management is part of J.P. Morgan Chase & Co., a global financial services firm. HSBC Global Inflation Linked Bond Pooled Fund HSBC Global Asset Management (France) Please see information on page 2. HSBC Emerging Markets Debt Pooled Fund HSBC Global Asset Management (USA) Inc. Please see information on page 2. This Fund invests in units of the HSBC Emerging Markets Debt Fund that is sub-advised by HSBC Global Asset Management (USA) Inc. 3

4 Canadian Equity HSBC Canadian Dividend Pooled Fund HSBC Canadian Equity Pooled Fund HSBC Global Asset Management (Canada) Limited Please see information on page 2. HSBC MultiAlpha Canadian Equity Pooled Fund Picton Mahoney Asset Management Picton Mahoney Asset Management is a Toronto based, independently operated and 100% employee owned investment management firm specialized in managing Canadian and Global equities. Picton Mahoney uses both quantitative and fundamental analysis in their process. The quantitative model focuses on identifying positive fundamental change, specifically looking for revenue and earnings acceleration, earnings estimate revisions, positive earnings surprises and relative price strength. The fundamental analysis is a secondary step designed to confirm the positive change signal identified from the quantitative model. Fundamental analysis also examines valuation, downside risk, earnings quality, growth rates and the competitive landscape as part of this confirmation process. Scheer Rowlett & Associates Investment Management Ltd. Scheer Rowlett & Associates is a Toronto based investment management firm specializing in Canadian equity portfolios. The firm was founded by Crown Life Insurance Company in 1992, and changed its name to Scheer Rowlett & Associates in Scheer Rowlett employs a bottom-up, value oriented investment process. This value investment philosophy is founded on the belief that efficiencies in the equity market are realized over medium to long-term periods. The firm believes that a company s earning ability, driven by its fundamentals, provides transparency to the company s worth. Based on this philosophy, Scheer Rowlett seeks to invest in undervalued companies with strong or improving fundamentals, healthy financial positions and proven management. The firm strives to deliver superior, risk-adjusted returns over the long term, in both up and down markets. 4

5 Canadian Equity (continued) HSBC Canadian Small Cap Equity Pooled Fund Mawer Investment Management Ltd. Mawer Investment Management Ltd. has been managing small cap Canadian equity portfolios since Founded in 1974, Mawer is an independent investment counselling firm based in Calgary. Mawer s Canadian small cap equity management focuses on Canadian companies with less than $500 million capitalization at the time of purchase. Mawer s investment approach is to systematically create broadly diversified portfolios of wealth creating companies bought at discounts to their intrinsic values. Triasima Portfolio Management Inc. Triasima is an independent and employee-owned investment management firm based in Montreal. Since 1998, Triasima has offered portfolio management services to a highly diversified clientele. The cornerstone of Triasima is their investment methodology, called the Three Pillar Approach which combines the use of three well defined methods of analysis; fundamental, quantitative and trend. This rigorous and clearly-defined methodology has enabled Triasima to structure portfolios, adding value in both up and down markets. 5

6 U.S. Equity HSBC U.S. Equity Pooled Fund Los Angeles Capital Management and Equity Research, Inc. Los Angeles Capital is an independent equity boutique investment company providing global investment solutions to institutional clients in the US and abroad. The firm is entirely owned by working principals and ownership is spread out among a large number of professionals. Los Angeles Capital s investment philosophy is based on the notion that investor preferences drive investment results. Their quantitative approach identifies how investors attitudes regarding individual fundamental exposures adapt to changing economic and market conditions. The firm emphasizes the need to be adaptive, and stresses the need to carefully manage and allocate the risk in the portfolio across the relevant factor exposures. HSBC MultiAlpha U.S. Equity Pooled Fund Artisan Partners Limited Partnership Artisan Partners is an independent investment management firm with offices located in Milwaukee, San Francisco, Atlanta, New York and London. Since its founding in 1994, the firm has been committed to attracting experienced, disciplined investment professionals to manage client assets. Artisan Partners has five autonomous investment teams that oversee twelve distinct US, non-us and global investment strategies. Herndon Capital Management, LLC Herndon Capital Management, LLC is an institutional investment management firm specializing in large and mid capitalization equity strategies. Founded and registered with the SEC in 2001, the firm is an affiliate of Atlanta Life Financial Group, a 106 year old financial services firm. The firm began managing assets in June Herndon Capital Management s US Large Cap Value strategy is designed to give clients exposure to stocks considered to be value creating opportunities. These are undervalued stocks of companies that trade at a discount and have characteristics that Herndon Capital Management believe create potential to outperform the market. Los Angeles Capital Management and Equity Research, Inc. Please refer to information on Los Angeles Capital above. 6

7 U.S. Equity (continued) HSBC MultiAlpha U.S. Equity Pooled Fund (continued) WestEnd Advisors WestEnd Advisors is a private, independently owned investment advisory firm based in Charlotte, North Carolina. Their flagship strategy is the US Domestic Large Cap Core Equity portfolio, which has a proven record of performance and risk management since its 1996 inception. The cornerstone of WestEnd s investment philosophy is that sector and industry performance is highly correlated with particular stages of the business cycle. WestEnd targets high quality, market leading companies within favoured sectors. The result is a core investment style that shifts portfolio sector and style emphasis to remain properly oriented and timely over a full economic and market cycle. Winslow Capital Management Inc. Winslow Capital Management is a 100% employee owned boutique investment firm with a sole focus on managing US large cap growth equities. The company is based in Minneapolis, Minnesota. Winslow Capital uses a fundamental, bottom-up approach to its research process. The team seeks to build a portfolio of stocks with a weighted average earnings growth rate of 15-20% (based on internal forward earnings estimates) and that are trading at a reasonable valuation. Research coverage is divided by sector, and the stock selection process leverages the investment professionals significant experience and contacts in their respective sectors of coverage. 7

8 U.S. Equity (continued) HSBC MultiAlpha U.S. Small/Mid Cap Equity Pooled Fund Loomis, Sayles & Company Since 1926, Loomis, Sayles & Company has served the investment needs of institutional and mutual fund clients. As performance driven investors seeking exceptional opportunities, Loomis Sayles employs actively managed disciplines that combine fundamental research, systematic risk assessment and experienced portfolio management. The philosophy is core value with an attention to downside risk. The manager looks for attractively valued companies with prospects for above average growth. This rich tradition has earned Loomis Sayles the trust and respect of clients worldwide. Westfield Capital Management Company LP Boston based Westfield Capital Management is an investment advisory firm specializing in the management of small and mid cap US equity growth portfolios. The company was founded in 1989 and is a wholly owned subsidiary of Boston Private Financial Holdings, a US-based wealth management firm. Westfield Capital Management favours US small and mid cap stocks with consistent or accelerating earnings growth. This approach is based on the managers conviction that stock prices follow earnings progress and that these stocks offer the best opportunity for superior real rates of return. 8

9 International Equity HSBC International Equity Pooled Fund HSBC Global Asset Management (France) Please see information on page 2. HSBC MultiAlpha International Equity Pooled Fund MFS Investment Management MFS Investment Management is a leading global asset manager with more than 88 years of experience in actively managing assets for individual and institutional investors in 75 countries. The foundation of their investment capabilities is an integrated global investment platform which comprises three key attributes: fundamental equity research, quantitative solutions, and credit expertise. MFS draws on these competencies to generate ideas, and to focus on providing consistent returns within the desired risk and return frameworks of their clients across a wide spectrum of equity, fixed income and multi-asset strategies. Martin Currie Inc. Based in Edinburgh, Scotland, Martin Currie Inc. is a privately owned, specialist active equity manager that manages assets for clients worldwide. The firm believes that its independent employee ownership structure is the foundation on which it will develop as a specialist investment management business. Martin Currie actively seeks opportunities for growth across global stock markets and believes change is the central dynamic behind stock price movement. The investment process consistently challenges market consensus and emphasizes four factors: quality, value, growth and change. The team of regional and sector specialists use a bottom-up process to drive portfolio construction. 9

10 Emerging Markets Equity HSBC Emerging Markets Pooled Fund Trilogy Global Advisors LP Trilogy Global Advisors is an investment boutique firm with offices in New York, Florida and London. With a growth-oriented style,trilogy Global are research-driven investors with a unique risk-management discipline based on evaluating the upside potential versus the downside risk of each security they own. Trilogy Global follows a consistent bottom-up, growth-oriented investment process based on the belief that future earnings growth is a key determinant of long-term equity returns. Their process focuses on identifying both proven and early stage growth companies that they believe are likely to outperform relative to their global industry peers. Delaware Investments Delaware Investments, a member of Macquarie Group, is a global asset management firm that offers a wide variety of equity and fixed income solutions for individual and institutional investors. Delaware s disciplined investment philosophy is focused on finding businesses that generate consistent and long-term growth in business value. The Delaware investment team is comprised of experienced practitioners average experience of 20 years who have worked together for more than 10 years. Regardless of the latest trends in investment management, the Delaware investment team uses proprietary fundamental research and independent thinking to strive for consistent returns. Issued by HSBC Global Asset Management (Canada) Limited HSBC World Selection Portfolio is a portfolio investment service offered by HSBC Investment Funds (Canada) Inc. ( HIFC ). In this service, a client s assets are invested in model portfolios. Each model portfolio is comprised of investments in HSBC Pooled Funds, which are mutual funds managed by HSBC Global Asset Management (Canada) Limited ( HSBC Global Asset Management ) and distributed by HIFC. HSBC Global Asset Management provides discretionary investment management services to the portfolios in the HSBC World Selection Portfolio service. Commissions, trailing commissions, management fees, investment management fees and expenses all may be associated with investments in the HSBC Pooled Funds and/or the HSBC World Selection Portfolio service. Please read the applicable account opening documentation and prospectus before applying for the HSBC World Selection Portfolio service. The HSBC World Selection Portfolio service and the HSBC Pooled Funds are not guaranteed or covered by the Canada Deposit Insurance Corporation, HSBC Bank Canada, or any other deposit insurer. The value of mutual funds may change frequently and past performance may not be repeated. The unit value of money market funds may not remain constant. HIFC is a direct subsidiary of HSBC Global Asset Management and an indirect subsidiary of HSBC Bank Canada, and provides its services in all provinces of Canada except Prince Edward Island. HSBC Global Asset Management is a wholly owned subsidiary of, but separate entity from, HSBC Bank Canada and provides its services in all provinces of Canada except Prince Edward Island. World Selection is a registered trademark of HSBC Bank Canada. CA#M (01/14) 10