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 Global Funds ICAV - Global Aggregate Bond ESG UCITS ETF a sub-fund of HSBC Global Funds ICAV, (the "UCITS");Class:ETFCH managed by HSBC Investment Funds (Luxembourg) S.A. ISIN:IE000VJEVNM1Objectives and Investment Policy Investment Objective: corporate emerging market bonds, asset backed securities (ABS), mortgage-backed The Fund aims to provide regular income and capital growth. securities (MBS), commercial mortgage backed securities (CMBS) and covered bonds Investment Policy: all of which are Index constituents. The Fund tracks as closely as possible the performance of the Bloomberg MSCI Global The Fund is passively managed and utilises an investment technique called Aggregate SRI Carbon ESG-Weighted Select Index (the Index), while minimising theoptimisation, which seeks to minimise the difference in return between the Fund and tracking error between the Fund’s performance and that of the Index, while promotingthe Index by taking into account tracking error and trading costs when constructing a environmental, social and governance (ESG) characteristics within the meaning ofportfolio. The Fund will not necessarily invest in every constituent of the Index. Article 8 of SFDR. The Index has been designated as the Fund’s reference benchmark The credit ratings of the Fund’s underlying investments may vary from time to time. under Article 8 of SFDR . However, their average credit rating is expected to be in-line with that of the Index. The Index measures the performance of global investment grade debt from twenty- The Fund will not invest more than 10% of its assets in other funds, including HSBC eight local currency markets, across three groups of bonds; which are governmentfunds. bonds, credit and securitised. The currency of the Index is US Dollar (USD) and returns The Fund may also invest in derivatives for hedging and efficient portfolio management are hedged to that currency.purposes (such as to manage risk and costs, or to generate additional capital or The Index seeks to achieve a reduction in carbon emissions and an improvement of theincome). MSCI ESG rating against that of the Bloomberg Global Aggregate Index (the Parent� The Fund may enter into securities lending transactions for up to 30% of its assets. Index) through the government and credit buckets of the index. However, this is not expected to exceed 25%. The Government bucket includes investment grade, fixed rate, taxable securities issued � The reference currency of the Fund is USD. The reference currency of this share by treasury issuers from both developed and emerging markets issuers and uses a class is USD. ‘market size aware’ ESG tilting approach to tilt country allocations above or below their market value weights on a monthly basis.� Income is reinvested. The credit bucket of the Index removes securities based on sustainability exclusionary � Authorised Participants only may deal in the Fund’s ETF Shares directly with the criteria on a monthly basis, applying the following business involvement screens, which UCITS. includes but is not limited to: non-compliance with UN Global Compact Principles and a red MSCI ESG controversies score. � The Fund’s ETF Shares are listed on one or more stock exchange(s). The index applies a screen using MSCI ESG ratings, excluding any constituent with the � You may sell your investment on most working days. following: issuers with an MSCI ESG Rating of lower than BB, ESG Pillar Score of less � Recommendation: this Fund may not be appropriate for investors who plan to than 2 and unrated issuers from sectors with ratings. Please refer the Fund’swithdraw their money within a period of 3 years. Supplement for more details on MSCI ESG ratings, and the credit and Government buckets.� This product is based overseas and is not subject to UK sustainable investment The Fund will invest in government, government-related entities and supranationallabelling and disclosure requirements. bonds (developed and emerging markets); corporate investment grade bonds,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? � Interest Rate Risk When interest rates rise, bond values generally fall. This risk is This Fund is classified in category 3 because its price or simulated data has shown low generally greater the longer the maturity of a bond investment and the higher its to medium fluctuations historically.credit quality. � Investment Leverage Risk Investment Leverage occurs when the economic Material risks not fully captured by the Risk and Reward Indicator: 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 � ABS Risk ABS and MBS typically carry prepayment risk, as well as having potential amplification effect from a movement in the price of the reference source.for default. The securities can carry an above-average risk of being hard to value or� Liquidity Risk Liquidity Risk is the risk that a Fund may encounter difficultiesto sell at a desired time and price. 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 � Credit Risk A bond or money market security could lose value if the issuer’s transactions, valuation, accounting, and financial reporting, among other things.financial health deteriorates. � Default Risk The issuers of certain bonds could become unwilling or unable tomake payments on their bonds. 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 ETF Shares in the marketing and distribution costs. These charges reduce the potential growth of the secondary 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 of up to 3.00% of the Net Asset Value of the Shares which are being converted may be payable to the relevant Administrator. Entry charge 0.00% � The ongoing charges figure shown here is an estimate of the charges as the share Exit charge 0.00%class has not been priced for a full financial year. The UCITS’ annual report for each financial year will include detail on the exact charges made. This is the maximum that might be taken out of your money before it is invested or Further information on Charges can be found in the “Charges and Expenses” section of before the proceeds of your investment are paid out. the Fund’s Prospectus.Charges taken from the Fund over a yearOngoing charge0.09%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 10.0% 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 reinvested. Past performance takes account of all ongoing charges but not entry, exit or conversion charges. � The past performance of this share class is calculated in USD. � The investment benchmark for the Fund is the Bloomberg MSCI Global Aggregate SRI Carbon ESG-Weighted Select Index.0.0% � The Fund was launched on 26 November 2024. � Insufficient data is available to provide past performance figures. -10.0% 2020 2021202220232024Practical Information Depositary Remuneration 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 http://www.global.assetmanagement.hsbc.com/luxembourg. A paper copy is available Further information about the UCITS including the Prospectus, the most recent annual free of charge from the Management Company. and semi-annual reports of the UCITS and the latest prices of shares, may be obtained free of charge, in English, from the Administrator byTax emailing ifsinvestorqueries@hsbc.com, or by The Fund is subject to Irish tax regulations. This may have an impact on your personal tax visiting www.global.assetmanagement.hsbc.com. The most recent Prospectus is position. available in English and French. Details of the underlying investments of the fund are Management Company available on www.global.assetmanagement.hsbc.com. The indicative intra-day net asset value of the fund is available on at least one major market data vendor terminal HSBC Investment Funds (Luxembourg) S.A. may be held liable solely on the basis of any such as Bloomberg, as well as on a wide range of websites that display stock market statement contained in this document that is misleading, inaccurate or inconsistent with data, including www.reuters.com. This document describes a single share class of the the relevant parts of the Prospectus. UCITS. The Prospectus, annual and semi-annual reports are prepared for the entireSegregated liability UCITS. HSBC Global Funds ICAV is an open-ended umbrella type Irish collective asset- Share classesmanagement vehicle with limited liability and segregated liability between sub-funds It is possible to switch your shares into shares of a different share class or sub-fund within incorporated under the laws of Ireland. This means that the holdings of one sub-fund are the ICAV, however the conversion of the ETF Shares into Non-ETF Shares and vice versakept separate from the holdings of the other sub-funds and your investment in the Fund is not permitted. Details of how to do this are in the “How to convert between sub-funds / cannot be used to pay the liabilities of any other sub-fund. Classes” 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 05 February 2025.