Title: Key Investor Information URL Source: https://api.fundinfo.com/document/36873269905a11af7b2c3ac3dae6c964_62769/KID_GB_en_IE000BNLRWE6_YES_2026-02-13.pdf?apiKey=b9934aa2-1a83-4286-b11b-c8415da9e581?apiKey=b9934aa2-1a83-4286-b11b-c8415da9e581 Published Time: Fri, 13 Feb 2026 11:11:09 GMT Number of Pages: 2 Markdown Content: # 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 Equity Active UCITS ETF # a sub-fund of Schroder ETFs ICAV # Class Accumulation USD (IE000BNLRWE6) This fund is managed by Schroder Investment Management (Europe) S.A., which is a member of the Schroders Group. # Objectives and investment policy Objectives The fund aims to provide capital growth and income in excess of the MSCI World (Net TR) Index after fees have been deducted over a three to five year period by investing in equity and equity-related securities of companies worldwide. There can be no assurance that the fund will achieve its investment objective. Investment Policy The fund is actively managed and invests at least two-thirds of its assets in a diversified portfolio of equity and equity related securities of companies worldwide. The fund's exposure to emerging markets will not exceed 20% of net assets. The fund focuses on companies that have certain “Value” and/or “Quality” characteristics, with these two fundamental anchors driving active positioning. “Value” is assessed by looking at indicators such as cash flows, dividends and earnings to identify securities which the investment manager believes have been undervalued by the market. “Quality” is assessed by looking at indicators such as a company's profitability, stability, financial strength, structural growth and governance. The fund may invest in common stock, preferred stock, real estate investment trusts (REITs) and partnership interests. The equity-related securities in which the fund may invest are depositary receipts (including American Depositary Receipts, Global Depositary Receipts, European Depositary Receipts, and Non-Voting Depositary Receipts), stapled securities (being a type of equity security that consists of two or more securities that must be bought and sold together), warrants and rights. The fund will not generally actively invest in warrants and rights but may acquire them as a result of corporate actions. The fund may invest in such other equity and equity-related securities that are consistent with the investment objective and policy of the fund from time to time. The fund may invest directly in China B-Shares and China H-Shares and may invest less than 10% of its assets (on a net basis) directly or indirectly (for example via participatory notes) in China A-Shares through Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect and shares listed on the STAR Board and the ChiNext. The fund may invest up to one-third of its assets in short-dated government bonds, money market funds that are Eligible Collective Investment Schemes, and term deposits with an Approved Bank for cash management purposes. The fund may also hold cash. In relation to the fund's investment in REITs which will not exceed the weight in the MSCI World Index +2.5% of net assets, investments in eligible open-ended REITs will generally, for the purposes of this limitation, be considered to be investments in Eligible Collective Investment Schemes and so subject to the limit on investing in units or shares of Eligible Collective Investment Schemes. Investments in closed-ended REITs will generally be considered to be investments in transferable securities, provided that the closed-ended REITs in which the fund may invest must: (i) be subject to corporate governance mechanisms which apply to companies or, in the case of contractual closed-ended funds, which are equivalent to those that apply to companies; (ii) be managed by an entity which is subject to national regulation for the purpose of investor protection; and (iii) satisfy the more general requirements that are applicable to transferable securities, and so subject to the fund's overall limits on investing in equity and equity-related securities as detailed in this section. The fund will seek to qualify as an “Equity Fund” for German tax purposes by investing at least 50% of its gross asset value in equity securities. For further information, please refer to the prospectus. The fund may use the following financial derivative instruments with the aim of reducing risk and managing the fund more efficiently: equity index futures, currency forwards, currency futures and non-deliverable forwards. The financial derivative instruments used by the fund may be traded on an exchange or over-the-counter. A list of the Regulated Markets on which financial derivative instruments may be quoted or traded is set out in Schedule 1 of the prospectus. Benchmark The fund's performance should be assessed against its benchmark, being the MSCI World (Net TR) Index. Dealing Frequency You may redeem your investment daily by selling your shares through a broker on a stock exchange where the shares are traded. In normal circumstances, only Authorised Participants (certain financial institutions) may subscribe or redeem shares directly with the fund. Distribution Policy 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 Potentially lower reward Potentially higher reward 1 2 3 4 5 6 7 The risk and reward indicator The risk category was calculated using simulated historical performance data and may not be a reliable indicator of the fund's future risk profile. The fund's risk category is not guaranteed to remain fixed and may change over time. A fund in the lowest category does not mean a risk-free investment. The fund is in this category because it can take higher risks in search of higher rewards and its price may rise and fall accordingly. Risk factors China risk: If the fund invests in the China Interbank Bond Market via the Bond Connect or in China "A" shares via the Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect or in shares listed on the STAR Board or the ChiNext, this may involve clearing and settlement, regulatory, operational and counterparty risks. If the fund invests in onshore renminbi-denominated securities, currency control decisions made by the Chinese government could affect the value of the fund's investments and could cause the fund to defer or suspend redemptions of its shares. Performance risk: Investment objectives express an intended result but there is no guarantee that such a result will be achieved. Depending on market conditions and the macro economic environment, investment objectives may become more difficult to achieve. Counterparty risk: The fund may have contractual agreements with counterparties. If a counterparty is unable to fulfil their obligations, the sum that they owe to the fund may be lost in part or in whole. Capital risk/distribution policy risk: As the fund intends to pay dividends regardless of its performance, a dividend may represent a return of part of the amount you invested. Currency risk: If the fund's investments are denominated in currencies different 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, investors may be exposed to losses as a result of movements in currency rates. Sustainability risk: The fund has environmental and/or social characteristics. This means it may have limited exposure to some companies, industries or sectors and may forego certain investment opportunities, or dispose of certain holdings, that do not align with its sustainability criteria chosen by the investment manager. The fund may invest in companies that do not reflect the beliefs and values of any particular investor. Liquidity risk: The price of shares in the fund is determined by market supply and demand, and this may be different to the net asset value of the fund. In difficult market conditions, investors may not be able to find a buyer for their shares or may not get back the amount that they originally invested. Certain investments of the fund, in particular the unquoted investments, may be less liquid and more difficult to value. In difficult market conditions, the fund may not be able to sell an investment for full value or at all and this could affect performance of the fund. Operational risk: Operational processes, including those related to the safekeeping of assets, may fail. This may result in losses to the fund. Charges One-off charges taken before or after you invest Entry charge None Exit charge None This is the maximum that might be taken out of your money before it is invested or before the proceeds of your investment are paid out. Charges taken from the fund over a year Ongoing charges 0.25% Charges taken from the fund under certain specific conditions Performance fee None 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 growth of your investment. The 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 your financial advisor. 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 which to calculate the figure. The fund's annual report for each financial year will include detail on the exact charges made. Please see the prospectus for more details about the charges. # Past performance > % MSCI World (Net TR) Index Accumulation USD (IE000BNLRWE6) There are insufficient data to provide investors with a useful indication of the fund's past performance. The fund was launched on 24/09/2025. The shareclass was launched on 24/09/2025. # Practical information Depositary: J.P. Morgan SE, Dublin Branch Further information: You can get further information about this fund, including the prospectus, latest annual report, any subsequent half-yearly report and the latest price of shares from the fund's management company at 5, rue Höhenhof, L-1736 Senningerberg, Luxembourg, and from www.schroders.lu/kiids. They are available free of charge in English, Flemish, French, German, Italian and Spanish. Tax Legislation: The fund is subject to the tax laws and regulation of Ireland. You are advised to take advice concerning the possible tax implications of your investment in the shares. Liability: Schroder Investment Management (Europe) S.A. may be held liable solely on the basis of any statement contained in this document that is misleading, inaccurate or inconsistent with the relevant parts of the fund's prospectus. Umbrella fund: This fund is a sub-fund of an umbrella fund, the name of which is at the top of this document. The prospectus and periodic reports are prepared for the entire umbrella fund. To protect investors, the assets and liabilities of each sub-fund are segregated by law from those of other sub-funds. Switches: Subject to conditions, you may apply to switch your investment into another share class within this fund or in another Schroder fund. Please see the prospectus for more details. Remuneration policy: A summary of Schroders' remuneration policy and related disclosures is at www.schroders.com/remuneration-disclosures. A paper copy is available free of charge upon request. The policy includes a description of how remuneration and benefits are calculated & the identities of persons responsible for awarding the remuneration and benefits. Portfolio Transparency and Net Asset Value Publication: The net asset value of the share class is published daily on the following business day and is accessible at the registered office of the administrator and via the following website: https://www.schroders.com/en-ie/ie/individual/fund-centre/ [schroders.com]. A list of the investments held by the fund is also made available on the same site on a daily basis. Glossary: You can find an explanation of some of the terms used in this document at www.schroders.com/ukinvestor/glossary. The funds or securities referred to herein are not sponsored, endorsed, or promoted by MSCI, and MSCI bears no liability with respect to any such funds or securities or any index on which such funds or securities are based. The fund supplement contains a more detailed description of the limited relationship MSCI has with Schroder Investment Management Limited and any related funds, as well as additional disclaimers that apply to the MSCI indexes. The MSCI indexes are the exclusive property of MSCI and may not be reproduced or extracted and used for any other purpose without MSCI's consent. The MSCI indexes are provided without any warranties of any kind. 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.