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. HSBC MSCI EMERGING MARKETS CLIMATE PARIS ALIGNED UCITS ETF a sub-fund of HSBC ETFs PLC, (the "UCITS"); Class:USD managed by HSBC Investment Funds (Luxembourg) S.A. ISIN:IE000FNVOB27Objectives and Investment Policy Investment Objective: exposure by using other investments such as depositary receipts, funds or derivatives The Fund aims to track as closely as possible the returns of the MSCI Emerging or may hold cash and cash equivalents. Markets Climate Paris Aligned Index (the Index).The Fund may invest in China A-shares either directly (through the Shanghai-Hong Kong Stock Connect and/or Shenzhen-Hong Kong Stock Connect) or indirectly through Investment Policy: China A-shares Access Products (CAAP) or through funds. The Fund may invest up to The Fund will invest in or gain exposure to shares of companies which make up the 35% of its assets in securities from a single issuer during exceptional market Index. conditions. The Index is a subset of the MSCI Emerging Markets Index (Parent Index) and made up The Fund may invest up to 10% of its assets in total return swaps and contracts for of shares of large and mid-sized companies (as measured by the market value of theirdifference. However, this is not expected to exceed 5%. shares) across emerging market countries, as defined by the Index Provider. The Fund may invest up to 10% of its assets in other funds, including HSBC funds. In replicating the performance of the Index, the Fund promotes certain environmental, The Fund may also invest in derivatives for efficient portfolio management purposes social and/or governance (ESG) characteristics and has been categorised as an Article 8 (such as to manage risk and costs, or to generate additional capital or income) and for fund for the purpose of the SFDR. investment purposes. The Index is designed to support investors seeking to reduce their exposure to � The Fund may enter into securities lending transactions for up to 30% of its assets. transition and physical climate risks, and who wish to pursue opportunities arising from However, this is not expected to exceed 25%. the transition to a lower-carbon economy while aligning with the Paris Agreement� The reference currency of the Fund is USD. The reference currency of this share requirements. It excludes shares of companies with exposure to controversial class is USD. weapons, ESG controversies, tobacco, environmental harm, thermal coal mining, oil and gas, and power generation. Please refer the Fund’s Supplement for more details on � Income is reinvested. the exclusionary criteria applied by the Index. � Authorised Participants only may deal in the Fund’s shares directly with the UCITS. The Index incorporates the task force on Climate-related Financial Disclosures � The Fund’s shares are listed on one or more stock exchange(s). recommendations and is designed to exceed the minimum standards of the EU Paris- Aligned Benchmark. � You may sell your investment on most working days. The Fund is passively managed and aims to invest in the shares of the companies in � Recommendation: this Fund may not be appropriate for investors who plan to generally the same proportion as in the Index. There may be circumstances when it is withdraw their money within a period of 5 years. not possible or practical for the Fund to invest in all constituents of the Index. If the � This product is based overseas and is not subject to UK sustainable investment Fund cannot invest directly in the companies that constitute the Index, it may gain labelling and disclosure requirements. Risk and Reward Profile Lower riskHigher risk � Derivatives Risk Derivatives can behave unexpectedly. The pricing and volatility of many derivatives may diverge from strictly reflecting the pricing or volatility of their underlying reference(s), instrument or asset. � Emerging Markets Risk Emerging markets are less established, and often more Typically lower rewards Typically higher rewards volatile, than developed markets and involve higher risks, particularly market, 123 456 7 liquidity and currency risks. � Exchange Rate Risk Changes in currency exchange rates could reduce or increase The risk and reward indicator is based on historical data and may not be a reliable investment gains or investment losses, in some cases significantly. indication of the future risk profile of the Fund. � Index Tracking Risk To the extent that the Fund seeks to replicate index The risk and reward category shown is not guaranteed to remain unchanged and mayperformance by holding individual securities, there is no guarantee that its shift over time. The lowest category does not mean a risk-free investment. composition or performance will exactly match that of the target index at any given time (“tracking error”). Why is this Fund in this specific category? � Investment Leverage Risk Investment Leverage occurs when the economic This Fund is classified in category 6 because its price or simulated data has shown highexposure is greater than the amount invested, such as when derivatives are used. A fluctuations historically. Fund that employs leverage may experience greater gains and/or losses due to the amplification effect from a movement in the price of the reference source. Material risks not fully captured by the Risk and Reward Indicator: � Liquidity Risk Liquidity Risk is the risk that a Fund may encounter difficulties meeting its obligations in respect of financial liabilities that are settled by delivering � Counterparty Risk The possibility that the counterparty to a transaction may be cash or other financial assets, thereby compromising existing or remaining investors.unwilling or unable to meet its obligations. � Operational Risk Operational risks may subject the Fund to errors affecting transactions, valuation, accounting, and financial reporting, among other things. Charges The charges you pay are used to pay the running costs of the Fund, including the � No entry nor exit charges are payable where investors deal in shares in the marketing and distribution costs. These charges reduce the potential growth of thesecondary market – i.e. where shares are purchased and sold on a stock exchange. investment. In such cases, investors may pay fees charged by their broker. Authorised Participants dealing directly with the Fund may be subject to a Direct Dealing (Cash Transaction) Fee of up to 3.00% on subscriptions and up 3.00% on redemptions. One-off charges taken before or after you invest� A conversion charge may be payable. Entry charge 0.00% � The ongoing charges figure is based on last year’s expenses for the year ending 31/12/2024. Charges may vary from year to year. Exit charge 0.00% Further information on Charges can be found in the “Fees and Expenses” section of the Prospectus and the Fund Supplement. 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 yearOngoing charge 0.18%Charges taken from the Fund under certain specific conditionsPerformance fee None Past Performance� Fund � Benchmark� Past performance is not a guide to future performance; the value of your 9.0% investment and any income from it can go down as well as up. � Performance returns are based on the net asset value with distributable income 7.6 8.0% reinvested. Past performance takes account of all ongoing charges but not entry, 6.9 6.9 7.0% exit or conversion charges.6.1 � The past performance of this share class is calculated in USD. 6.0% � The investment benchmark for the Fund is the MSCI Emerging Markets Climate 5.0% Paris Aligned Index. 4.0% � The Fund was launched on 07 April 2022. 3.0% 2.0% 1.0% 0.0% 2020 202120222023 2024Practical Information DepositaryRemuneration Policy HSBC Continental Europe. The up-to-date remuneration policy of the Management Company, including a Further information description of how remuneration and benefits are determined, is available at www.global.assetmanagement.hsbc.com/about-us/governance-structure. A paper Further information about the Company including the Prospectus, the most recent copy is available free of charge from the Management Company. annual and semi-annual reports of the Company and the latest share prices, may be obtained free of charge, in English, from the Administrator by emailing Tax ifsinvestorqueries@hsbc.com, or by visiting www.etf.hsbc.com. The most recent The Fund is subject to Irish tax regulations. This may have an impact on your personal Prospectus is available in English, French and German.tax position. Details of the underlying investments of the fund are available on www.etf.hsbc.com. Management Company The indicative intra-day net asset value of the fund is available on at least one major HSBC Investment Funds (Luxembourg) S.A. may be held liable solely on the basis of any market data vendor terminal such as Bloomberg, as well as on a wide range of websites statement contained in this document that is misleading, inaccurate or inconsistent with that display stock market data, including www.reuters.com the relevant parts of the Prospectus. This document describes a single share class of a sub-fund of the Company. The Segregated liability Prospectus, annual and semi-annual reports are prepared for the entire Company. HSBC ETFs PLC is an investment company with segregated liability between sub-funds Share classes under Irish law. This means that the holdings of one sub-fund are kept separate from the It is possible to switch your shares into shares of a different share class or sub-fund withinholdings of the other sub-funds and your investment in the Fund cannot be used to pay the Company. Details of how to do this are in the “Conversion of Shares - Primary the liabilities of any other sub-fund. Market” section of the Prospectus. The Fund is authorised in Ireland and regulated by the Central Bank of Ireland (CBI). This key investor information is accurate as at 27 January 2025.