The sub-fund aims to provide long term total return by investing in a portfolio of Thai equities. The sub-fund invests in normal market conditions a minimum of 90% of its net assets in equities and equity equivalent securities of companies which are domiciled in, based in, carry out the larger part of their business activities in, or are listed on a Regulated Market in, Thailand. From 26 May 2021, the sub-fund may also invest in eligible closed-ended Real Estate Investment Trusts (“REITs”). The sub-fund normally invests across a range of market capitalisations without any capitalisation restriction. The sub-fund may invest up to 10% of its net assets in units or shares of UCITS and/or other Eligible UCIs (including other sub-funds of HSBC Global Investment Funds). The sub-fund will not invest more than 10% of its net assets in REITs.