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Regulated in Jersey by the Jersey Financial Services Commission under the Financial
Services (Jersey) Law 1998 and in Guernsey by the Guernsey Financial Services Commission
under the Protection of Investors (Bailwick of Guernsey) Law 1987 for the conduct of investment business.
Issued by HSBC Private Bank (UK) limited, trading as HSBC Global Asset Management.
Authorised and regulated by the Financial Services Authority.