Key Investor Information This document provides you with key investor information about this fund. It is not marketing material. The information is required by law to help you understand the nature and the risks of investing in this fund. You are advised to read it so you can make an informed decision about whether to invest. Schroder Global Investment Grade Corporate Bond Active UCITS ETF a sub-fund of Schroder ETFs ICAV Class Accumulation GBP Hedged (IE000AVUROO8) This fund is managed by Schroder Investment Management (Europe) S.A., which is a member of the Schroders Group. Objectives and investment policy Objectivesdiscretionary authority of the government or public body to purchase the obligations or only the credit of the issuer; The fund aims to provide income and capital growth in excess of the Certain debenture stock and fixed and floating rate bonds: being a form of Bloomberg Global Aggregate Corporate Index (Hedged to USD) after fees registered participation in debt that is not subordinated and is issued by a have been deducted over a three-to-five-year period by investing in fixed and credit institution. floating rate securities issued by companies worldwide. There can be no The fund may also invest up to one-third of its net assets directly or indirectly in assurance that the fund will achieve its investment objective. the following types of securities: equity securities denominated in various Investment Policy currencies and issued by companies worldwide, Eligible Collective Investment The fund is actively managed and invests at least two-thirds of its assets in Schemes, and money market investments. The fund will invest in Eligible fixed and floating rate securities denominated in various currencies and issued Collective Investment Schemes to gain access to securities which it is not by governments, government agencies, supra-nationals and companiespossible or efficient to invest in directly and/or for cash management purposes. worldwide. The fund's exposure to emerging markets will not exceed 20% of The fund may invest in money market instruments for cash management net assets. purposes and may hold cash for this purpose. The money market instruments The fund invests in the full credit spectrum of fixed income investments. The in which the fund may invest are: fund may invest: Cash and cash equivalents: these include certificates of deposit, commercial 1. up to 10% of its assets in securities that have a below investment grade paper, floating rate notes and short-dated government bonds. credit rating (as measured by Standard & Poor's or any equivalent grade ofCertain deposits with an Approved Bank: being monies placed with an other credit rating agencies for rated bonds and implied Schroders ratings forApproved Bank for safekeeping; and non-rated bonds); Bills of exchange: being short term negotiable financial instruments which are 2. up to 10% of its assets in contingent convertible bonds; accepted by a credit institution. 3. up to 10% of its assets in asset-backed securities. The fund may use the following derivatives with the aim of reducing risk or The types of fixed and floating rate securities and other assets in which the managing the fund more efficiently: FX forwards, futures and credit default fund may invest include those set out below and, with the exception of swaps. The financial derivative instruments used by the fund may be traded on permitted investments in unlisted securities, will generally be traded or listed on an exchange or over the counter. A list of the Regulated Markets on which a Regulated Market listed in Schedule 1 of the prospectus. The fund may financial derivative instruments may be quoted or traded is set out in Schedule invest in the following types of securities: 1 of the prospectus. Covered bonds: being debt securities issued by governments, agencies, authorities, instrumentalities or by private issuers or credit institution andBenchmark backed by a separate pool of assets (comprising commercial and residentialThe fund's performance should be assessed against its target benchmark mortgages) that, in the case of failure by the issuer, can cover claims at anybeing to exceed the Bloomberg Global Aggregate Corporate Index (Hedged to point in time;USD). Asset-backed securities: which are issued or guaranteed by governments, The benchmark is a flagship measure of global investment grade, fixed-rate agencies, authorities, instrumentalities or by private issuers or credit corporate debt. It is a multi-currency benchmark that includes bonds from institutions (such as, asset-backed securities related to automobile loans). The developed and emerging markets issuers within the industrial, utility and asset-backed securities in which the fund may invest do not include financial sectors. Further information can be found at www.bloomberg.com. collateralised obligations; The fund is actively managed. The benchmark is used as the fund's investment Government and high quality corporate bonds: being debt securities issued by universe to which the investment strategy is applied and is also used for governments, agencies, authorities, instrumentalities or by private corporate performance comparison purposes. The performance of this share class is issuers or credit institutions; compared against the performance of the equivalent unhedged currency share Government and other public securities: being debt securities issued or class. guaranteed by a government, or other public bodies, their agencies, authorities Dealing Frequency or instrumentalities (e.g. bonds, debentures and notes which may be secured You may redeem your investment daily by selling your shares through a broker or unsecured, such as treasury notes and promissory notes). In the case ofon a stock exchange where the shares are traded. In normal circumstances, unsecured notes, these will be issued by the UK government or government only Authorised Participants (certain financial institutions) may subscribe or agencies or non-UK government agencies such as the European Investmentredeem shares directly with the fund. Bank or International Bank for Reconstruction & Development. Such securities Distribution Policy may be supported either by the full faith and credit of the government or public body, the right of the issuer to borrow from the government or public body, the This share class accumulates income received from the fund's investments, meaning it is kept in the fund and its value is reflected in the price of the share class. Risk and reward profile Lower risk Higher risk back the full amount that they owe, which may result in losses to the fund. Potentially lower reward Potentially higher reward Contingent convertible bonds: The fund may invest in contingent convertible bonds which are bonds that convert to shares if the bond issuer's financial health deteriorates. A reduction in the financial strength of the issuer may result 1 2 3 4 5 6 7in losses to the fund. Performance risk: Investment objectives express an intended result but there is The risk and reward indicator no guarantee that such a result will be achieved. Depending on market The risk category was calculated using simulated historical performance data conditions and the macro economic environment, investment objectives may and may not be a reliable indicator of the fund's future risk profile.become more difficult to achieve. The fund's risk category is not guaranteed to remain fixed and may change Counterparty risk: The fund may have contractual agreements with over time.counterparties. If a counterparty is unable to fulfil their obligations, the sum that A fund in the lowest category does not mean a risk-free investment. they owe to the fund may be lost in part or in whole. The fund is in this category because it can take higher risks in search of higher Capital risk/distribution policy risk: As the fund intends to pay dividends rewards and its price may rise and fall accordingly. regardless of its performance, a dividend may represent a return of part of the Risk factors amount you invested. ABS and MBS risk: The fund may invest in mortgage or asset-backed Currency risk: If the fund's investments are denominated in currencies different securities. The underlying borrowers of these securities may not be able to pay to the fund's base currency, the fund may lose value as a result of movements in foreign exchange rates, otherwise known as currency rates. If the investor holds a share class in a different currency to the base currency of the fund, generally carry greater market, credit and liquidity risk meaning greater investors may be exposed to losses as a result of movements in currency uncertainty of returns. rates.Interest rate risk: The fund may lose value as a direct result of interest rate Currency risk / hedged share class: The currency hedging of the share class changes. may not be fully effective and residual currency exposure may remain. The Liquidity risk: The price of shares in the fund is determined by market supply cost associated with hedging may impact performance and potential gains may and demand, and this may be different to the net asset value of the fund. In be more limited than for unhedged share classes. difficult market conditions, investors may not be able to find a buyer for their Sustainability risk: The fund has environmental and/or social characteristics.shares or may not get back the amount that they originally invested. Certain This means it may have limited exposure to some companies, industries or investments of the fund, in particular the unquoted investments, may be less sectors and may forego certain investment opportunities, or dispose of certainliquid and more difficult to value. In difficult market conditions, the fund may not holdings, that do not align with its sustainability criteria chosen by thebe able to sell an investment for full value or at all and this could affect investment manager. The fund may invest in companies that do not reflect the performance of the fund. beliefs and values of any particular investor.Operational risk: Operational processes, including those related to the High yield bond risk: High yield bonds (normally lower rated or unrated) safekeeping of assets, may fail. This may result in losses to the fund. Charges One-off charges taken before or after you invest The charges you pay are used to pay the costs of running the fund, including the costs of marketing and distributing it. These charges reduce the potential Entry charge Nonegrowth of your investment. Exit charge NoneThe entry and exit charges shown are maximum figures and in some cases you might pay less. You can find out the actual entry and exit charges from This is the maximum that might be taken out of your money before it isyour financial advisor. invested or before the proceeds of your investment are paid out. The ongoing charges figure shown here is an estimate of the charges because the fund was launched recently and did not have a year's expenses upon Charges taken from the fund over a year which to calculate the figure. The fund's annual report for each financial year Ongoing charges 0.28% will include detail on the exact charges made. Please see the prospectus for more details about the charges. Charges taken from the fund under certain specific conditions Performance fee None Past performance %The fund was launched on 24/09/2025. The shareclass was launched on 06/11/2025. There are insufficient data to provide investors with a useful indication of the fund's past performance. Accumulation GBP (IE000AVUROO8) Bloomberg Global Aggregate Corporate Index (Hedged to USD) Practical information Depositary: J.P. Morgan SE, Dublin Branch liabilities of each sub-fund are segregated by law from those of other sub- funds. Further information: You can get further information about this fund, including the prospectus, latest annual report, any subsequent half-yearlySwitches: Subject to conditions, you may apply to switch your investment into report and the latest price of shares from the fund's management company at another share class within this fund or in another Schroder fund. Please see 5, rue Höhenhof, L-1736 Senningerberg, Luxembourg, and from the prospectus for more details. www.schroders.lu/kiids. They are available free of charge in English, Remuneration policy: A summary of Schroders' remuneration policy and Flemish, French, German, Italian and Spanish. related disclosures is at www.schroders.com/remuneration-disclosures. Tax Legislation: The fund is subject to the tax laws and regulation of Ireland. A paper copy is available free of charge upon request. You are advised to take advice concerning the possible tax implications of your The policy includes a description of how remuneration and benefits are investment in the shares. calculated & the identities of persons responsible for awarding the remuneration and benefits. Liability: Schroder Investment Management (Europe) S.A. may be held liable solely on the basis of any statement contained in this document that is Portfolio Transparency and Net Asset Value Publication: The net asset misleading, inaccurate or inconsistent with the relevant parts of the fund's value of the share class is published daily on the following business day and is prospectus. accessible at the registered office of the administrator and via the following website: https://www.schroders.com/en-ie/ie/individual/fund-centre/ Umbrella fund: This fund is a sub-fund of an umbrella fund, the name of [schroders.com]. A list of the investments held by the fund is also made which is at the top of this document. The prospectus and periodic reports are available on the same site on a daily basis. prepared for the entire umbrella fund. To protect investors, the assets and Glossary: You can find an explanation of some of the terms used in this document at www.schroders.com/ukinvestor/glossary. This fund is authorised in Ireland and regulated by the Central Bank of Ireland. The Manager is authorised in Luxembourg and regulated by the Luxembourg Financial Markets Authority (Commission de Surveillance du Secteur Financier). This key investor information is accurate as at 13/02/2026.