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P is for Purpose

25 September 2024
    Articles
    Download the full reportPDF, 1.97MB

    Key highlights:

    • The P Share Classes for HSBC Money Market Funds are available for US-based investors wishing to manage their cash in alignment with broader corporate diversity objectives, while maintaining the key characteristics of money market funds — including the preservation of capital, daily liquidity, and yield.
    • Client investments in the P share classes of our Government and Treasury fund have enabled a USD81,273 donation.
    • At least 20% of the net fees for P Share Classes are donated to HSBC-approved non-profit partners working to address issues at the intersection of gender, racial and ethnic inequality.
    • The donation will enable Feeding America’s Workforce Development Initiative to drive further impact in under resourced communities with high levels of inequality and unemployment.
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