The Bank of New York is seeking to merge four former HSBC Asset Management money funds with four of its BNY Hamilton funds, a move that will reduce the funds’ annual operating expenses, according to a company filing with the Securities and Exchange Commission.

Pending shareholder approval, the funds, which include the HSBC Cash Management Fund, Government Money Market Fund and U.S. Treasury Money Fund Market Fund, will be merged with the BNY Hamilton Money Fund, BNY Hamilton Treasury and the BNY Hamilton Treasury Money Fund, respectively. The funds are three of eight funds which HSBC passed over to the Bank of New York in September.

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