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 helpyou 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.

Amerant Latin American Debt UCITS ETF (the Fund) –ISIN: IE000Y187J49

Distributing ETF Share Class

A sub-fund of HANetf ICAV. Managed by HANetf Management Limited (the Manager)

Objectives and Investment Policy

The fund aims to achieve income growth over the medium to long

debt instrument intended to either convert into equity or have term.their principal partially or completely written off with the option

of revaluation under certain circumstances. Such instruments may The Fund will invest, in a manner consistent with the UCITS

be senior and/or subordinated. Investment in, or exposure to, Regulations and Central Bank requirements, in a portfolio of fixed

CoCos will be limited to 10% of the Fund's net assets. income securities of Latin American issuers which are listed or traded on a Regulated Market as set out in Appendix 1 of the Investment Policy: The Fund employs an active management Prospectus. Issuers will primarily be located in those countries of North,

investment approach in order to achieve its investment objective. South and Central America where Spanish and Portuguese is spoken (Latin America).

Dealing: Shares of the Fund (“Shares”) are listed on one or more

stock exchanges. Typically, only authorised participants (i.e. The Fund will invest in a portfolio of fixed income securities

brokers) can purchase Shares from or sell Shares back to the Fund. comprising SEC registered and/or securities issued pursuant to

Other investors can purchase and sell Shares on exchange on each Regulation S of the United State’s Securities Act of 1993day the relevant stock exchange is open. (Regulation S Securities) issued in US dollars by corporates, sovereigns and quasi-sovereigns in Latin America. The Investment Distribution policy: Income received by the Fund’s investments Manager will select the fixed income securities with a view to

will be distributed quarterly in respect of the Shares of this class. generating income, buying securities below fair value and avoiding defaults. The investment process is ultimately intended to provide

Recommendation: This Fund may not be appropriate for short- steady investment income to investors.

term investment.

Currency: The base currency of the Fund is US Dollar. The Fund may also invest in contingent convertible instruments

For full investment objectives and policy details, please refer to the (CoCo Bonds), also known as “CoCos”. CoCos are a form of hybrid

supplement to the prospectus for the Fund (the “Supplement”).

Risk and Reward Profile

Lower risk Higher risk

changes in value based on public perception of the issuer. Typically lower rewards

Typically higher rewards

These securities are generally considered speculative because they present a greater risk of loss, including default, than 1 2 3 4 5 6 7

higher quality debt securities.

The categorisation above is not guaranteed to remain unchanged

▪ Coupon cancellation risk: Coupon payments on some CoCo

and may shift over time.

Bonds are entirely discretionary and may be cancelled by the

The lowest category (1) does not imply a risk-free investment.issuer at any point, for any reason, and for any length of time.

The risk indicator was calculated incorporating simulated historical

The discretionary cancellation of payments is not an event of

data and may not be a reliable indication of the future risk profile of

default and there are no possibilities to require re-instatement

the Fund. of coupon payments or payment of any passed missed

The categorisation above (4) is due to the nature of the Fund’s

payments. Coupon payments may also be subject to approval

investments and risk associated with those investments, including:by the issuer's regulator and may be suspended in the event▪ There is no assurance that any appreciation in the value of

there are insufficient distributable reserves.

investments will occur, or that the investment objective of the

Fund will be achieved. ▪ CoCo Bond risk: The Fund will invest in CoCos which are a form▪ High-Yield Fixed-Income securities risk: High-yield fixed-of hybrid debt security that are intended to either convert into

income securities are fixed-income securities rated belowequity or have their principal written down upon the

investment grade as classified by any of Standard & Poor’s,

occurrence of certain triggers. These triggers include but are

Moody’s or Fitch rating agencies, or an internal rating

not limited to: (i) an issuer failing to meet a specified minimum

determined by the Investment Manager. High-yield fixed-

capital level; (ii) an issuer’s regulator questioning the

income securities are subject to additional risk factors, such ascontinued validity of the issuer as a going concern; (iii) an

increased possibility of default, illiquidity of the security, and

issuer’s regulator stating that the security should be convertedor written down, partially or wholly; (iv) an issuer receiving

Risks not covered by the indicator, but which are materiallyspecified levels of extraordinary public support.

relevant to the Fund include:

▪ Active management risk: The Fund’s assets will be actively

▪ Liquidity on secondary market risk: There can be no certaintymanaged by the Investment Manager who will have discretion that Shares can always be bought or sold on a stock exchange(subject to the Fund’s investment restrictions) to invest the

or that the market price will reflect the NAV of the Fund.Fund’s assets in investments that it considers will enable the

For a complete overview of all risks attached to this Fund, refer toFund to achieve its investment objective. There is no guarantee the section entitled “Risk Factors” in the Supplement and thethat the Fund’s investment objective will be achieved based on

Prospectus.the investments selected.

Charges

The charges you pay are used to pay the costs of running the Fund,

As the Fund is an ETF, secondary market investors will not including the costs of marketing and distributing it. These charges

typically be able to deal directly with HANetf ICAV. Investors reduce the potential growth of your investment.

buying Shares on exchange will do so at market prices which

will reflect broker fees and/or transactions charges and bid-ask One-off charges taken before or after you invest spreads. Entry charge 0%* * Authorised participants dealing directly with the Fund will pay Exit charge

0%* related transaction costs.

* For Investors dealing directly with the Fund, switching

between sub-funds may incur a maximum switching charge of Charges taken from the Fund over a year

3%. Ongoing charges

0.85%** ** The ongoing charges are paid to the Manager who is

responsible for discharging from its fee the cost of operating Charges taken from the Fund under certain specific

the Fund. It excludes portfolio transaction costs, except in the conditions

case of an entry/exit charge paid by the Fund when buying or Performance fee None selling units in another investment fund.

* Authorised participants dealing directly with the Fund may pay an

Please see "General Charges and Expenses" and "Management entry charge up to a maximum of 5% and an exit charge up to aCharges and Expenses" sections of the Prospectus and maximum of 3%. The Fund is currently not exercising its entitlement

"Charges and Expenses" and "Key Information for Share to apply entry and exit charges. Dealing" sections of the Supplement for further information

about charges. Past Performance

•There is insufficient data to provide a useful indication of past performance to investors.

Practical Information Investment Manager: Amerant Investments Inc

Switching: Switching of Shares between sub-funds of HANetf Depositary: J.P. Morgan SE - Dublin Branch.

ICAV is not possible for investors who purchase shares on Administrator: J.P. Morgan Administration Services (Ireland) Limited.exchange. Switching may be available to authorised Further information: Copies of the Prospectus documentation and

participants who deal directly with the Fund. the latest financial statements are available free of charge from theSegregated liability: The Fund is a sub-fund of HANetf ICAV, Administrator. The Prospectus and financial statements are prepared

an umbrella Irish collective asset-management vehicle. Under for HANetf ICAV rather than separately for the Fund. Further Irish law the assets and liabilities of the Fund are segregated information on the composition of the portfolio and information on

from other sub-funds within HANetf ICAV and the assets of the Index constituents is available at www.HANetf.com.

the Fund will not be available to satisfy the liabilities of Remuneration Policy: Details of HANetf Management Limitedanother fund of HANetf ICAV. remuneration policy, including a description of how remuneration Taxation: HANetf ICAV is resident in Ireland for taxation and benefits are calculated and the identities of the personspurposes. Irish taxation legislation may impact on the responsible for awarding such remuneration/benefits, can be

personal tax position of an investor. accessed from the following website: www.hanetf.com. A paper copyLiability statement: HANetf Management Limited may be of these policy details is also available free of charge from HANetf held liable solely on the basis of any statement contained in Management Limited upon request. this document that is misleading, inaccurate or inconsistent Pricing information: The net asset value of the share class will be

with the relevant parts of the Prospectus. available during normal business hours every business day at the office of the Administrator and will be published daily on www.hanetf.com. This Fund is authorised in Ireland and regulated by the Central Bank of Ireland. HANetf Management Limited is authorised in Ireland and regulated by the Central Bank of Ireland. This key investor information is accurate as at 27.02.2025