The trio of International Select Funds came under the banner of Cautious, Balanced and Adventurous and had combined AUM of around £190m, managed by the multi-manager team.
Now the multi-manager funds have been merged in order to benefit from economies of scale.
HSBC said its World Selection range had $1.5bn in AUM at the end of July and the merger should ensure relatively lower costs and greater diversification going forward.
The World Selection suite of funds will continue to be managed with the same investment objectives and aims and investors in the ISF were informed prior to the merger.
In addition to cautious and balanced portfolios the World Selection range has dynamic and income portfolios, and each has an annual management charge of 1.25%.
