HSBC Investment Funds (Canada) Inc. is offering HSBC Mutual Funds to third party financial advisors in Canada. Previously, the 17-fund family was distributed primarily through the HSBC network as no-load funds.
Financial advisors in Canada can now access HSBC Mutual Funds in F-class units, which are suited to advisor wrap programmes and fee-based advisors. The funds are also available in B-class units for advisors who prefer the option of a front-end or back-end load and in O-class units for larger institutional investors.
HSBC Mutual Funds can be purchased in both Canadian and US dollars. The fund family has a mix of core funds, such as global equity, US Equity, Asia-Pacific and European funds.