HSBC Indonesia ETF to hold vote on index change
HSBC ETFs plc has announced an extraordinary general meeting scheduled for October 30, 2026, where shareholders of the HSBC MSCI Indonesia UCITS ETF will vote on a proposed change to the fund's investment objective. Currently tracking the MSCI Indonesia Index, the fund would shift to tracking the MSCI Indonesia Capped Index, which applies weight caps to comply with diversification limits under UCITS Regulations.
This change would modify the fund's objective from replicating the MSCI Indonesia Index to replicating the performance of the largest publicly listed companies in Indonesia. The new index, based on the MSCI Indonesia Index with stock weightings capped, is expected to take effect on November 11, 2026. The fund's name will also be changed to HSBC MSCI Indonesia Capped UCITS ETF, a change that does not require shareholder approval.
Registered shareholders as of October 1, 2026, are entitled to vote, with proxies due by October 28, 2026.
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