Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers H > Headlines for HSBC Tax-Free Money Market Fund > News item |
Two HSBC tax-free money market funds to liquidate on Dec. 28
By Toni Weeks
San Diego, Nov. 27 - The board of trustees of HSBC Funds approved on Sept. 7 the liquidation of the HSBC New York Tax-Free Money Market Fund and the HSBC Tax-Free Money Market Fund, according to a 497 filing with the Securities and Exchange Commission.
The funds will be liquidated on Dec. 28.
Effective immediately, the funds will no longer sell shares to new investors, including through exchanges into the funds from other HSBC funds.
New York-based HSBC Global Asset Management is the investment adviser to the funds.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.