HSBC ETFs PLC HSBC S&P 500 UCITS ETF Marketing communication | Monthly report 31 January 2025 | HSPA LN | USD (Acc) This product is based overseas and is not subject to UK sustainable investment labelling and disclosure requirements. Share class detailsInvestment objectiveKey metrics The Fund aims to track as closely as possible the returns of the S&P 500 Index (the “Index”). The NAV per share USD 57.75 Fund will invest in or gain exposure to shares of companies which make up the Index. Performance 1 month 2.79%Fund factsInvestment strategy UCITS V compliant YesUK reporting fund status Yes The Index is made up of large-sized stock market listed companies in the US.The Fund will be(UKRS) passively managed and will aim to invest in the shares of the companies in generally the same proportion as in the Index. However, there may be circumstances when it is not possible or ISA eligible Yes practical for the Fund to invest in all constituents of the Index. If the Fund cannot invest directly in Dividend treatment Accumulating the companies that constitute the Index, it may gain exposure by using other investments such asDividend currency USD depositary receipts, derivatives or funds.The Fund may invest up to 35% of its assets in securities from a single issuer during exceptional market conditions.The Fund may invest up to 10% of its Fund base currencyUSD assets in total return swaps and contracts for difference.The Fund may invest up to 10% of its Currency Hedged Not Hedged assets in other funds, including HSBC funds.See the Prospectus for a full description of the Share class base currency USD investment objectives and derivative usage.Domicile IrelandInception date 21 June 2022 Main risksShares outstanding 7,802,008 • The value of investments and any income from them can go down as well as up and Fund size USD 8,105,886,582investors may not get back the amount originally invested Reference 100% S&P 500 Net • Investing in assets denominated in a currency other than that of the investor’s own currencybenchmarkexposes the value of the investment to exchange rate fluctuationsReplication method Physical- Full • Where overseas investments are held the rate of currency exchange may cause the value ofsuch investments to go down as well as up. SIPP eligible YesIssuer HSBC ETFs PLCFiscal year endDec Fund factsFees and expenses Fund manager HSBC Global Asset Management (UK) LimitedOngoing charge figure¹ 0.090% Custodian HSBC Continental EuropeCodes Fund administrator HSBC Securities Services (Ireland) DACISINIE000JZ473P7SEDOL BP8KPT0¹Ongoing Charges Figure is based on expensesover a year. The figure includes annualmanagement charge but not the transactioncosts. Such figures may vary from time to time. Past performance does not predict future returns. The figures are calculated in the share class base currency, dividend reinvested, net of fees. This is a marketing communication. Please refer to the prospectus and to the KID before making any final investment decisions. For definition of terms, please refer to the Glossary QR code and Prospectus. Source: HSBC Asset Management, data as at 31 January 2025 HSBC ETFs PLC HSBC S&P 500 UCITS ETF Monthly report 31 January 2025 | HSPA LN | USD (Acc) Performance Fund Reference Benchmark 170 Return index rebased to 100 on starting date 160 150 140 130 120 110 100 06/22 12/2206/23 12/23 06/24 12/24 Since inception Performance (%) YTD 1 month 3 months 6 months 1 year3 years ann5 years annann Fund 2.79 2.79 6.18 9.99 26.04 -- -- 21.39 Reference Benchmark 2.76 2.76 6.12 9.90 25.86 -- --21.10 Tracking difference 0.03 0.03 0.06 0.10 0.18 -- -- 0.29 Tracking error -- -- -- -- 0.05 -- -- 0.10 31/01/24- 31/01/23- 31/01/22- 31/01/21- 31/01/20- Rolling performance (%) 31/01/2531/01/24 31/01/23 31/01/2231/01/21 Fund 26.04 20.57 -- -- -- Reference Benchmark 25.86 20.23 -- -- -- ReferenceBenchmark information Equity characteristics Fund Benchmark Index name 100% S&P 500 Net No. of holdings ex cash 503 504 Index currency USD Average market cap (USD Mil) 1,001,2791,001,220 Index Rebalancing Frequency Quarterly Price/earning ratio25.01 25.00 TR Index Bloomberg Ticker SPTR500N TR Index Reuters RIC .SPXNTR Sector allocation (%)Information Technology30.68 Financials14.08 Consumer Discretionary 11.42Health Care10.46 Communication Services 9.93 Industrials 8.35 Consumer Staples5.48Energy3.14Utilities 2.33Real Estate2.08 Materials1.95 Cash & Others0.10Fund Past performance does not predict future returns. The figures are calculated in the share class base currency, dividend reinvested, net of fees. Source: HSBC Asset Management, data as at 31 January 2025 HSBC ETFs PLC HSBC S&P 500 UCITS ETF Monthly report 31 January 2025 | HSPA LN | USD (Acc)Top 10 holdings Sector Weight (%) Apple Inc Information Technology6.96 Microsoft Corp Information Technology6.03 NVIDIA Corp Information Technology5.75 Amazon.com Inc Consumer Discretionary4.34 Alphabet IncCommunication Services4.24 Meta Platforms Inc Communication Services2.94 Tesla Inc Consumer Discretionary2.21 Broadcom IncInformation Technology2.02 Berkshire Hathaway Inc Financials1.68 JPMorgan Chase & Co Financials1.47Trading BloombergiNAV Exchange name Listing date currency Trading hours ticker Reuters RIC Bloomberg iNAV Reuters LONDON STOCK EXCHANGE 22 Jun 2022 USD08:00 - 16:30 HSPA LN HSPA.L HSPUSRIVHSPAUSDINAV =SOLA LONDON STOCK EXCHANGE 22 Jun 2022 GBP08:00 - 16:30 HSPS LNHSPS.L HSPSGBIVHSPSGBPINAV =SOLA NYSE EURONEXT - EURONEXT12 Jul 2022 EUR09:00 - 17:30 HSPA FPHSPS.PA HSPEURIVHSPAEURINAV PARIS =SOLA DEUTSCHE BOERSE AG-XETRA12 Jul 2022 EUR09:00 - 17:30 H4ZN GYH4ZN.DE HSPEURIVHSPAEURINAV =SOLA BORSA ITALIANA SPA 12 Jul 2022 EUR09:00 - 17:35 HSPA IMHSPA.MI HSPEURIVHSPAEURINAV =SOLA BOLSA INSTITUCIONAL DE 23 Apr 2024 MXN-- HSPAN MM HSPAN.BIV -- -- VALORES Source: HSBC Asset Management, data as at 31 January 2025 HSBC ETFs PLC HSBC S&P 500 UCITS ETF Monthly report 31 January 2025 | HSPA LN | USD (Acc) Follow us on: Risk disclosures HSBC Asset Management • The value of investible securities can change over time due to a wide variety of factors, including but not limited to: political and economic news, government policy, changes in demographics, cultures and populations, natural or human-caused disasters etc. E-mail: etf.client.services@hsbc.com • To the extent that the Fund seeks to replicate index performance by holding individual Website: www.etf.hsbc.com securities, there is no guarantee that its composition or performance will exactly match that For more information please contact us of the target index at any given time (“tracking error”). at E-mail: • Derivatives may be used by the Fund, and these can behave unexpectedly. The pricing andWholesale.clientservices@hsbc.com. volatility of many derivatives may diverge from strictly reflecting the pricing or volatility of www.assetmanagement.hsbc.com/uk their underlying reference(s), instrument or asset.To help improve our service and in the • Investment Leverage occurs when the economic exposure is greater than the amount interests of security we may record and/ invested, such as when derivatives are used. A Fund that employs leverage may experience or monitor your communication with us. greater gains and/or losses due to the amplification effect from a movement in the price of the reference source. • Where overseas investments are held the rate of currency exchange may cause the value of such investments to go down as well as up. • Further information on the potential risks can be found in the Key Information DocumentGlossary (KID) and/or the Prospectus or Offering Memorandum. www.assetmanagement.hsbc.co.uk/en/ api/v1/download/document/ gb00b80qg615/gb/en/glossary Index disclaimer Standard & Poor’s and S&P are registered trademarks of Standard & Poor’s Financial Services LLC (“S&P”) and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”) and have been licensed for use by S&P Dow Jones Indices LLC and sublicensed for certain purposes by HSBC Asset Management Limited. This is a product of S&P Dow Jones Indices LLC, and has been licensed for use by HSBC Asset Management Limited. This fund is not sponsored, endorsed, sold or promoted by S&P Dow Jones Indices LLC, Dow Jones, S&P, their respective affiliates and neither S&P Dow Jones Indices LLC, Dow Jones, S&P, their respective affiliates make any representation regarding the advisability of investing in such product(s). Source: HSBC Asset Management, data as at 31 January 2025 HSBC ETFs PLC HSBC S&P 500 UCITS ETF Monthly report 31 January 2025 | HSPA LN | USD (Acc) Important information The material contained herein is for marketing purposes and is for your information only. This document is not contractually binding nor are we required to provide this to you by any legislative provision. It does not constitute legal, tax or investment advice or a recommendation to any reader of this material to buy or sell investments. You must not, therefore, rely on the content of this document when making any investment decisions. This material is not intended for distribution to or use by any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. This material is not and should not be construed as an offer to sell or the solicitation of an offer to purchase or subscribe to any investment. Any views expressed were held at the time of preparation and are subject to change without notice. While any forecast, projection or target where provided is indicative only and not guaranteed in any way. HSBC Global Asset Management (UK) Limited accepts no liability for any failure to meet such forecast, projection or target. This fund is a sub-fund of HSBC ETFs plc (“the Company”), an investment company with variable capital and segregated liability between sub-funds, incorporated in Ireland as a public limited company, and is authorised by the Central Bank of Ireland. The company is constituted as an umbrella fund, with segregated liability between sub-funds. Shares purchased on the secondary market cannot usually be sold directly back to the Company. Investors must buy and sell shares on the secondary market with the assistance of an intermediary (e.g. a stockbroker) and may incur fees for doing so. In addition, investors may pay more than the current Net Asset Value per share when buying shares and may receive less than the current Net Asset Value per Share when selling them. UK based investors in HSBC ETFs plc are advised that they may not be afforded some of the protections conveyed by the Financial Services and Markets Act (2000), (“the Act”). The Company is recognised in the United Kingdom by the Financial Conduct Authority under section 264 of the Act. The shares in HSBC ETFs plc have not been and will not be offered for sale or sold in the United States of America, its territories or possessions and all areas subject to its jurisdiction, or to United States Persons. Affiliated companies of HSBC Global Asset Management (UK) Limited may make markets in HSBC ETFs plc. All applications are made on the basis of the current HSBC ETFs plc Prospectus, relevant Key Investor Information Document (“KIID”), Supplementary Information Document (SID) and Fund supplement, and most recent annual and semi-annual reports, which can be obtained upon request free of charge from HSBC Global Asset Management (UK) Limited, 8 Canada Square, Canary Wharf, London, E14 5HQ. UK, or from a stockbroker or financial adviser. The indicative intra-day net asset value of the sub-fund[s] is available on at least one major market data vendor terminal such as Bloomberg, as well as on a wide range of websites that display stock market data, including www.reuters.com. Investors and potential investors should read and note the risk warnings in the prospectus, relevant KIID and Fund supplement (where available) and additionally, in the case of retail clients, the information contained in the supporting SID. Further information about the Company including the Prospectus, the most recent 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 ifsinvestorqueries@hsbc.com, or by visiting www.etf.hsbc.com. Details of the underlying investments of the fund are available on www.etf.hsbc.com. The indicative intra-day net asset value of the fund is available on at least one major market data vendor terminal such as Bloomberg, as well as on a wide range of websites that display stock market data, including www.reuters.com. The most recent Prospectus is available in English, German and French. Key Investor Information Document (KID) are available in the local language where they are registered. To help improve our service and in the interests of security we may record and/or monitor your communication with us. HSBC Global Asset Management (UK) Limited provides information to Institutions, Professional Advisers and their clients on the investment products and services of the HSBC Group. Approved for issue in the UK by HSBC Global Asset Management (UK) Limited, who are authorised and regulated by the Financial Conduct Authority. www.assetmanagement.hsbc.co.uk Copyright © HSBC Global Asset Management (UK) Limited 2025. All rights reserved. Further Information can be found in the prospectus and in our Key Investor Information Documents published in our Fund Centre at www.assetmanagement.hsbc.co.uk Term: The management company cannot terminate the Fund unilaterally. The Board of Directors may furthermore decide to liquidate the Fund in certain circumstances set out in the prospectus and articles of incorporation of the Fund.Further additional and complete information (including but not limited to) investor rights, costs and charges, please refer to the prospectus. Source: HSBC Asset Management, data as at 31 January 2025