HSBC Global Funds ICAV - Euro Government Bond UCITS ETFC

Investment Objective: The Fund aims to provide income and capital growth. Investment Policy: The Fund tracks as closely as possible the performance of the Bloomberg EuroAgg Treasury Index (total return) (the Index). The Fund may invest in bonds issued by government, government-related entities and supranational entities (developed and emerging markets) which are Index constituents and will not embed a derivative and/or leverage. The Fund may also invest in the following assets which are not Index constituents for the purpose of assisting in tracking the Index: securities which are no longer or not yet part of the Index; bonds with a Credit Rating of Ba1 / BB+ / BB+ and below, which may be callable, may be held for EPM in order to prevent forced selling of Index constituents in the event of a credit downgrade below Investment Grade; cash and money market instruments; and units or shares of other funds for hedging, EPM and cash management purposes. The Index consists of fixed-rate, Investment Grade sovereign debt from member states of the European Union that are also participating in the European Monetary Union with a maturity of 1 year and above. The currency of the Index is EUR, and returns are unhedged. The Index is based on the Bloomberg Index Methodology which applies an eligibility criteria based on a set of fundamental core design principles which are designed to accurately and comprehensively measure the underlying Index constituents. The Index is measured by total return, is market value weighted and rebalanced monthly. The credit ratings of the Fund’s underlying investments may vary from time to time. However, their average credit rating is expected to be at least investment grade. The Fund is passively managed and utilises an investment technique called optimisation, which seeks to minimise the difference in return between the Fund and the Index by considering tracking error (the risk that the Fund return varies from the Index return) and trading costs when constructing a portfolio. The Fund will not invest more than 10% of its assets in other funds, including HSBC funds. The Fund may also invest in derivatives for hedging and efficient portfolio management purposes (such as to manage risk and costs, or to generate additional capital or income). The Fund may enter into securities lending transactions for up to 30% of its assets. However, this is not expected to exceed 25%. The reference currency of the Fund is EUR. The reference currency of this share class is EUR. Income is reinvested. Authorised Participants only may deal in the Fund’s ETF Shares directly with the UCITS. The Fund’s ETF Shares are listed on one or more stock exchange(s). You may sell your investment on most working days. Recommendation: this Fund may not be appropriate for investors who plan to withdraw their money within a period of 3 years. This product is based overseas and is not subject to UK sustainable investment labelling and disclosure requirements