HSBC ETFs PLC HSBC MSCI World Value ESG UCITS ETF Marketing communication | Monthly report 31 January 2025 | HWVL LN | USD (Acc) This product is based overseas and is not subject to UK sustainable investment labelling and disclosure requirements. Share class detailsInvestment objective Key metrics The Fund aims to track as closely as possible the returns of the MSCI World Value SRI ESG Target NAV per share USD 20.83 Select Index (the Index), that provides investors the opportunity to gain specific exposure toPerformance 1 month 3.18% companies with lower market valuations relative to their fundamental value, while integrating Fund facts environmental, social and governance (ESG) metrics. The Fund will invest in or gain exposure to shares of companies which make up the Index. The Fund qualifies under Article 8 of SFDR. UCITS V compliant Yes UK reporting fund status Yes (UKRS)Investment strategyISA eligible Yes The Index is a subset of the MSCI World Index (Parent Index), and is made up of large and mid-Dividend treatment Accumulating cap companies based in developed market countries, as defined by the Index Provider. The Index Dividend currency USD is constructed by excluding companies with exposure to: controversial and nuclear weapons, adult entertainment, alcohol, gambling, nuclear power, thermal coal power, fossil fuel andFund base currencyUSD tobacco. The Fund is passively managed and aims to invest in the shares of the companies in Currency Hedged Not Hedged generally the same proportion as in the Index. The Fund may invest up to 10% of its assets in Share class base currency USD other funds, up to 35% of its assets in securities from a single issuer during exceptional market conditions, and up to 10% in total return swaps and contracts for difference. See the Prospectus Domicile Ireland for a full description of the investment objectives and derivative usage. Inception date 18 October 2022 Shares outstanding10,761,700 Main risksFund size USD 224,126,836 Reference100% MSCI World Value • The value of investible securities can change over time due to a wide variety of factors, benchmark SRI ESG Target Selectincluding but not limited to: political and economic news, government policy, changes in Indexdemographics, cultures and populations, natural or human-caused disasters etc. Replication method Physical- Full • To the extent that the Fund seeks to replicate index performance by holding individualsecurities, there is no guarantee that its composition or performance will exactly match that SIPP eligible Yesof the target index at any given time (“tracking error”). IssuerHSBC ETFs PLC • Derivatives may be used by the Fund, and these can behave unexpectedly. The pricing and Fiscal year endDecvolatility of many derivatives may diverge from strictly reflecting the pricing or volatility oftheir underlying reference(s), instrument or asset.Fees and expenses Ongoing charge figure¹ 0.250% Codes Fund facts ISIN IE000LYBU7X5 Fund manager HSBC Global Asset Management (UK) Limited SEDOLBMQ5217 Custodian HSBC Continental Europe¹Ongoing Charges Figure is based on expenses Fund administrator HSBC Securities Services (Ireland) DACover a year. The figure includes annual management charge but not the transaction costs. 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 For Professional investors only. Not for further distribution. HSBC ETFs PLC HSBC MSCI World Value ESG UCITS ETF Monthly report 31 January 2025 | HWVL LN | USD (Acc) Performance FundReference Benchmark 150 Return index rebased to 100 on starting date 14013012011012/2206/23 12/23 06/24 12/24 Since inception Performance (%)YTD1 month 3 months 6 months 1 year 3 years ann 5 years annann Fund 3.18 3.18 3.07 2.09 13.17 -- -- 19.28 Reference Benchmark3.19 3.19 3.092.1113.10 ---- 19.21 Tracking difference-0.01 -0.01 -0.02 -0.020.07 ----0.07 31/01/24-31/01/23- 31/01/22-31/01/21- 31/01/20- Rolling performance (%) 31/01/25 31/01/24 31/01/23 31/01/22 31/01/21 Fund13.1713.31 -- -- -- Reference Benchmark 13.10 13.18 ---- -- ReferenceBenchmark information Equity characteristics FundBenchmark Index name 100% MSCI World Value SRI ESG Target Select No. of holdings ex cash 241 261 Index Average market cap (USD Mil) 578,333 578,564 Index currency USD Price/earning ratio 13.4013.40 Benchmark type Net Return TR Index Bloomberg TickerNU749045 TR Index Reuters RIC .dMIWO0ETCVNUS Sector allocation (%)Information Technology 28.80 Financials 17.66Health Care14.33 Industrials 12.54 Consumer Discretionary 9.69 Communication Services5.86 Consumer Staples 4.73 Materials 4.26Real Estate 1.16 Utilities 0.35 Cash & Others 0.62 Fund Past performance does not predict future returns. The figures are calculated in the share class base currency, dividend reinvested, net of fees. Broad Market Index: MSCI World Enhanced Value Source: HSBC Asset Management, data as at 31 January 2025 For Professional investors only. Not for further distribution. HSBC ETFs PLC HSBC MSCI World Value ESG UCITS ETF Monthly report 31 January 2025 | HWVL LN | USD (Acc)Geographical allocation (%) United States 68.49 Japan 7.96United Kingdom4.24 Switzerland 2.97 Germany 2.67France 2.31 Spain2.14Mainland China 1.66 Sweden 1.13Canada 1.05Other Locations4.75 Cash & Others0.62 Fund Top 10 holdings Sector Weight (%) NVIDIA Corp Information Technology 5.71 Microsoft Corp Information Technology 5.49 Apple Inc Information Technology 3.55 Citigroup Inc Financials 2.43 Cisco Systems Inc Information Technology 2.40 Applied Materials Inc Information Technology 2.18 Sony Group Corp Consumer Discretionary 2.17 Verizon Communications Inc Communication Services 2.15 AT&T IncCommunication Services 1.93 Pfizer Inc Health Care 1.91Trading Bloomberg iNAV Exchange name Listing date currency Trading hours tickerReuters RIC Bloomberg iNAV Reuters LONDON STOCK EXCHANGE 19 Oct 2022USD08:00 - 16:30 HWVL LN HWVL.L HWVLUXIVHWVLUSDINA V=SOLA LONDON STOCK EXCHANGE 19 Oct 2022GBP08:00 - 16:30 HWVS LN HWVS.L HWVSGXIV HWVSGBPINA V=SOLA NYSE EURONEXT - EURONEXT 14 Nov 2022EUR09:00 - 17:30 HWVS FP HWVS.PAH41DEXIV H41DEURINAV PARIS=SOLA DEUTSCHE BOERSE AG-XETRA 25 Oct 2022EUR09:00 - 17:30 H41D GY H41D.DEH41DEXIV H41DEURINAV =SOLA BORSA ITALIANA SPA 14 Nov 2022EUR09:00 - 17:35 HWVL IM -- H41DEXIV H41DEURINAV =SOLA Source: HSBC Asset Management, data as at 31 January 2025 For Professional investors only. Not for further distribution. HSBC ETFs PLC HSBC MSCI World Value ESG UCITS ETF Monthly report 31 January 2025 | HWVL LN | USD (Acc)MSCI ESG Score ESG score ESG Fund 8.2 7.1 5.8 6.1 Broad market index 6.8 6.7 5.1 5.7 The MSCI ESG Key Issue Score is the numerical, weighted average of MSCI’s E, S, and G pillar scores. A higher number indicates a more favourable ESG profile in the view of MSCI. The weighted averages of the Key Issue Scores are aggregated and companies’ scores are normalized by their industries. After any overrides are factored in, each company’s Final Industry-Adjusted Score corresponds to a rating. For more information, see MSCI ESG Ratings Methodology @ https:// www.msci.com/esg-and-climate-methodologies Broad Market Index: MSCI World Enhanced Value Source: HSBC Asset Management, data as at 31 January 2025 For Professional investors only. Not for further distribution. HSBC ETFs PLC HSBC MSCI World Value ESG UCITS ETF Monthly report 31 January 2025 | HWVL LN | USD (Acc) Follow us on: Risk disclosuresHSBC Asset Management • Investment Leverage occurs when the economic exposure is greater than the amount invested, such as when derivatives are used. A Fund that employs leverage may experience greater gains and/or losses due to the amplification effect from a movement in the price of E-mail: etf.client.services@hsbc.com the reference source.Website: www.etf.hsbc.com • Where overseas investments are held the rate of currency exchange may cause the value of For more information please contact us such investments to go down as well as up. at E-mail: • Further information on the potential risks can be found in the Key Information Document Wholesale.clientservices@hsbc.com. (KID) and/or the Prospectus or Offering Memorandum. www.assetmanagement.hsbc.com/ukTo help improve our service and in theinterests of security we may record and/or monitor your communication with us.Glossarywww.assetmanagement.hsbc.co.uk/en/api/v1/download/document/gb00b80qg615/gb/en/glossary Index disclaimer Source: MSCI. The MSCI information may only be used for your internal use, may not be reproduced or redisseminated in any form and may not be used as a basis for or a component of any financial instruments or products or indices. None of the MSCI information is intended to constitute investment advice or a recommendation to make (or refrain from making) any kind of investment decision and may not be relied on as such. Historical data and analysis should not be taken as an indication or guarantee of any future performance analysis, forecast or prediction. The MSCI information is provided on an “as is” basis and the user of this information assumes the entire risk of any use made of this information. MSCI, each of its affiliates and each other person involved in or related to compiling, computing or creating any MSCI information (collectively, the “MSCI Parties”) expressly disclaims all warranties (including, without limitation, any warranties of originality, accuracy, completeness, timeliness, non- infringement, merchantability and fitness for a particular purpose) with respect to this information. Without limiting any of the foregoing, in no event shall any MSCI Party have any liability for any direct, indirect, special, incidental, punitive, consequential (including, without limitation, lost profits) or any other damages. (www.msci.com) Source: HSBC Asset Management, data as at 31 January 2025 For Professional investors only. Not for further distribution. HSBC ETFs PLC HSBC MSCI World Value ESG UCITS ETF Monthly report 31 January 2025 | HWVL 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. Detailed information for article 8 and 9 sustainable investment products, as categorised under the Sustainable Finance Disclosure Regulation (SFDR), including; description of the environmental or social characteristics or the sustainable investment objective; methodologies used to assess, measure and monitor the environmental or social characteristics and the impact of the selected sustainable investments and; objectives and benchmark information,can be found at: https://www.assetmanagement.hsbc.co.uk/en/intermediary/investment-expertise/sustainable-investments/sustainable- investment-product-offering Source: HSBC Asset Management, data as at 31 January 2025 For Professional investors only. Not for further distribution.