HSBC are making some changes to how they manage their SL HSBC Islamic Global Equity Index Pension Fund (fund code – JB).

Standard Life will be updating our fund description in line with these changes. This will take effect from 23 March 2026.

We’ll be updating our fund factsheets to reflect the new investment objective. These will be available on standardlife.co.uk/funds once updated.

Details of the current and replacement fund description can be found in the table below:

Current fund name
SL HSBC Islamic Global Equity Index Pension Fund (fund code – JB)
Current fund description New fund description

The SL HSBC Islamic Global Equity Index Pension Fund invests primarily in the HSBC Islamic Global Equity Index Fund. The aim of the HSBC Islamic Global Equity Index Fund is summarised below.

The Fund aims to track as closely as possible the performance of the Dow Jones Islamic Market Titans 100 Index (the Index). The Fund will invest in, or gain exposure to shares of companies which make up the Index. The Index is designed to measure the performance of the largest 100 companies traded globally that pass rule-based screens for adherence to Shariah Principles. The Index Universe comprises all constituent companies of the Dow Jones Islamic Market World Index. The Index excludes shares of companies that generate more than 5% of income or revenue from the business activities such as: alcohol, tobacco, pork-related products, conventional financial services, weapons and defences, certain entertainment. The Fund will be passively managed and will aim to invest in the shares of the companies in generally the same proportion as in the Index. The Fund will only invest in shares of companies that meet Shariah compliance principles as interpreted or approved by the Shariah Committee. The Fund may invest up to 10% of its assets in other funds and may hold cash. The Fund will not invest in funds that are themselves tax transparent vehicles. See the Prospectus for a full description of the investment objectives and derivative usage.

The value of any investment can fall as well as rise and is not guaranteed - you may get back less than you pay in.

The SL HSBC Islamic Global Equity Index Pension Fund invests primarily in the HSBC Islamic Global Equity Index Fund. The aim of the HSBC Islamic Global Equity Index Fund is summarised below.

The Fund aims to track as closely as possible the performance of the S&P Global 1200 Shariah Select Index (the Index). The Fund will invest in, or gain exposure to shares of companies which make up the Index. The Index is designed to measure the performance of the 1200 companies traded globally that pass rule-based screens for adherence to Shariah Principles. The Index Universe comprises all constituent companies of the S&P Global 1200 Shariah Select Index. The Index excludes shares of companies that generate more than 5% of income or revenue from the business activities such as: alcohol, tobacco, pork-related products, conventional financial services, weapons and defences, certain entertainment. The Fund will be passively managed and will aim to invest in the shares of the companies in generally the same proportion as in the Index. The Fund will only invest in shares of companies that meet Shariah compliance principles as interpreted or approved by the Shariah Committee. The Fund may invest up to 10% of its assets in other funds and may hold cash. The Fund will not invest in funds that are themselves tax transparent vehicles. See the Prospectus for a full description of the investment objectives and derivative usage.

The value of any investment can fall as well as rise and is not guaranteed - you may get back less than was paid in.