HSBC Asset Management has listed the HSBC World UCITS ETF USD (Acc) on the London Stock Exchange. Trading on the Main Market began on 10 November 2026, the same day the Financial Conduct Authority admitted the shares to the Official List.
Article created by the editorial staff of ETFWorld.co.uk
Olga de Tapia, Global Head of ETF & Indexing Sales at HSBC Asset Management
The passive equity ETF has a total expense ratio (TER) of 0.04% and trades in two currencies: US dollars under the ticker HOLD and pounds sterling under the ticker HAVE.
One fund, two LSE trading lines
HOLD and HAVE are two trading lines of the same share class and share the ISIN IE000P2V15V8. They differ in trading currency, SEDOL code and LSE market segment:
HOLD – trading currency USD, SEDOL BRF2XH7, market segment EUET
HAVE – trading currency GBP, SEDOL BV8DGV0, market segment EUE2
The issuer is HSBC ETFs PLC, the Irish-domiciled umbrella company for HSBC’s European ETF range. The FCA notice of admission, published at 08:00 on 10 November 2026, lists the security as “HSBC World UCITS ETF USD (Acc) Shares of No par Value; fully paid” in the open-ended investment companies category.
Key features of the HSBC World UCITS ETF
According to instrument data published by the London Stock Exchange, the ETF has the following characteristics:
Underlying asset class: equity
Management style: passive
Income treatment: retained (accumulating share class)
Total expense ratio: 0.04%
Issue date: 10 November 2026
Market: Main Market, MIC XLON
Trading service: ETFS – Euroclear Bank settlement
Because the share class is accumulating, dividends received from portfolio companies are reinvested in the fund rather than paid out to investors.
A low-cost addition to HSBC’s equity range
At 0.04%, the TER places the new fund among the lowest-cost global equity products in HSBC’s European ETF line-up. By comparison, the existing HSBC MSCI World UCITS ETF (ISIN IE00B4X9L533), listed in London since 2010, has a TER of 0.15%.
The Euroclear Bank settlement model is consistent with the international settlement structure used by many UCITS ETFs listed in London, allowing a single settlement venue across different trading lines.
Conclusions
With the listing of HOLD and HAVE, HSBC Asset Management adds an accumulating global equity ETF to its London range, offered in both US dollars and sterling. The 0.04% TER is the product’s main distinguishing feature.
Source: ETFWorld.co.uk
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