Definitive Materials Filed by Investment Companies. (497)
29 March 2013 - 2:09AM
Edgar (US Regulatory)
HSBC FUNDS
HSBC Growth Fund (the Fund)
Supplement dated March 28, 2013 to the
Prospectus
dated February 28, 2013 (the Prospectus)
Effective March 31, 2013, Patrick
Burton will become a portfolio manager of the HSBC Growth Portfolio (the
Portfolio). Effective July 1, 2013, R. Bartlett Wear will no longer serve as a
portfolio manager to the Portfolio and all references to Mr. Wear will be
removed from the Funds Prospectus. Clark Winslow and Justin Kelly will continue
to serve as portfolio managers to the Portfolio. Additionally, the biographies
for Justin H. Kelly and Clark J. Winslow are revised to reflect that effective
March 31, 2013, Mr. Kelly serves as Chief Investment Officer of Winslow Capital
Management, LLC (Winslow or the Subadviser).
Effective March 31, 2013, the
Portfolio Managers
subsection on page 8 is hereby revised as follows:
The management and investment decisions
for the Portfolio are made by Clark J. Winslow, Chief Executive Officer and
portfolio manager of the Subadviser; Justin H. Kelly, CFA, Chief Investment
Officer and portfolio manager of the Subadviser; Patrick M. Burton, Managing
Director and portfolio manager of the Subadviser; and R. Bartlett Wear, CFA,
Senior Managing Director and portfolio manager of the Subadviser. Messrs.
Winslow, Kelly and Wear have been primarily responsible for the portfolio
management of the Portfolio since May 16, 2008 and Mr. Burton has been primarily
responsible since March 31, 2013.
Effective March 31, 2013, the following
language is added to the
HSBC Growth Fund
(Growth Portfolio):
subsection on page 31:
Patrick M. Burton
Mr. Burton is a Managing Director of Winslow and has managed the
Portfolio since March 2013. Mr. Burton joined Winslow in 2010 and has 29
years of experience in the securities industry. Prior to joining Winslow,
Mr. Burton was a Senior Equity Research Analyst at Thrivent Asset
Management from 2009 to 2010. Prior to that, Mr. Burton was a Managing
Director with Citigroup Investments from 1999 to 2009. Mr. Burton received
his B.S. with distinction in Finance from the University of Minnesota. He
is also a CFA charterholder.
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PLEASE RETAIN THIS SUPPLEMENT FOR
FUTURE REFERENCE
HSBC FUNDS
HSBC Growth Fund
Supplement dated March 28,
2013
to the
Statement of Additional Information dated February 28, 2013 (the
SAI)
Effective March 31, 2013, Patrick M.
Burton will become a portfolio manager of the HSBC Growth Portfolio (the
Portfolio). Effective July 1, 2013, R. Bartlett Wear will no longer serve as a
portfolio manager of the Portfolio. Accordingly, the SAI is revised as follows:
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1.
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In the subsection entitled
Fund Ownership of Portfolio Managers
beginning on page 67, the table is
hereby amended to include the following information for Patrick M. Burton
as a portfolio manager for the Portfolio. The number of accounts and asset
information presented below is as of February 28,
2013.
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NUMBER OF OTHER ACCOUNTS
MANAGED
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NUMBER OF ACCOUNTS AND
TOTAL
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AND TOTAL ASSETS BY ACCOUNT TYPE
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ASSETS FOR WHICH ADVISORY FEE IS
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PERFORMANCE
BASED
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OTHER
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NAME OF
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REGISTERED
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OTHER POOLED
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REGISTERED
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POOLED
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PORTFOLIO
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INVESTMENT
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INVESTMENT
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OTHER
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INVESTMENT
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INVESTMENT
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OTHER
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MANAGER
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COMPANIES
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VEHICLES
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ACCOUNTS
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COMPANIES
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VEHICLES
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ACCOUNTS
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Patrick M.
Burton
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9
RICs
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7
Accounts
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1,998 Accounts
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0
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0
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5 Accounts
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$23,752,000,000
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$2,012,000,000
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$9,505,000,000
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$744,000,000
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2.
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Effective July 1, 2013, all
references to R. Bartlett Wear will be removed from the
SAI.
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PLEASE RETAIN THIS SUPPLEMENT FOR
YOUR FUTURE REFERENCE.
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