HSBC ETFs PLC HSBC MSCI CANADA UCITS ETF Marketing communication | Monthly report 31 January 2025 | HCAD LN | USD 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 MSCI Canada Index (the “Index”). NAV per share USD 24.91 The Fund will invest in or gain exposure to shares of companies which make up the Index. Performance 1 month 2.78%Tracking error 3 years 0.36%Investment strategy Fund factsUCITS V compliant Yes The Index is made up of the largest stock market listed companies in Canada, as defined by the Index provider.The Fund will be passively managed and will aim to invest in the shares of the UK reporting fund statusYes companies in generally the same proportion as in the Index. However, there may be (UKRS) circumstances when it is not possible or practical for the Fund to invest in all constituents of the ISA eligibleYes Index. If the Fund cannot invest directly in the companies that constitute the Index, it may gainDividend treatment Distributing exposure by using other investments such as depositary receipts, derivatives or funds.The Fund may invest up to 35% of its assets in securities from a single issuer during exceptional marketDistribution frequency Semi-Annually conditions.The Fund may invest up to 10% of its assets in total return swaps and contracts for Dividend ex-date 30 January 2025 difference.The Fund may invest up to 10% of its assets in other funds, including HSBC funds.SeeDividend yield¹ 1.96% the Prospectus for a full description of the investment objectives and derivative usage.Last paid dividend0.241600Dividend currency USD Main risks Fund base currency USD • The value of investments and any income from them can go down as well as up and Currency HedgedNot Hedgedinvestors may not get back the amount originally invested Share class base currency USD • Investing in assets denominated in a currency other than that of the investor’s own currencyDomicileIrelandexposes the value of the investment to exchange rate fluctuations • Where overseas investments are held the rate of currency exchange may cause the value ofInception date23 February 2011such investments to go down as well as up. Shares outstanding 1,250,000Fund size USD 31,139,929 Fund facts Reference100% MSCI Canada Netbenchmark Fund manager HSBC Global Asset Management (UK) LimitedReplication methodPhysical- Full Custodian HSBC Continental EuropeSIPP eligible Yes Fund administrator HSBC Securities Services (Ireland) DACIssuer HSBC ETFs PLCFiscal year end DecFees and expensesOngoing charge figure² 0.350%CodesISINIE00B51B7Z02SEDOL B51B7Z0¹Dividend Yield: represents the ratio ofdistributed income over the last 12 months tothe fund’s current Net Asset Value.²Ongoing 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 MSCI CANADA UCITS ETF Monthly report 31 January 2025 | HCAD LN | USD Performance Fund Reference Benchmark200 Return index rebased to 100 on starting date 180 160 140 120 100 80 01/15 01/17 01/19 01/2101/23 01/25 Performance (%) YTD 1 month 3 months 6 months 1 year3 years ann 5 years ann 10 years ann Fund2.78 2.78 3.27 7.66 15.705.258.91 6.59 Reference Benchmark 2.80 2.80 3.34 7.79 15.93 5.28 9.04 6.84 Tracking difference-0.02 -0.02 -0.07 -0.13-0.23 -0.03 -0.13-0.26 Tracking error -- -- ---- 0.06 0.36 0.29-- Rolling performance 31/01/24- 31/01/23- 31/01/22- 31/01/21- 31/01/20- 31/01/19- 31/01/18- 31/01/17- 31/01/16- 31/01/15- (%) 31/01/25 31/01/24 31/01/23 31/01/22 31/01/21 31/01/20 31/01/19 31/01/18 31/01/17 31/01/16 Fund 15.70 5.50 -4.4726.00 4.29 11.97 -7.5812.54 32.06 -19.69 Reference Benchmark 15.93 5.07 -4.2026.26 4.63 12.32 -7.2612.94 32.54-19.34 Reference Benchmark information Equity characteristics Fund BenchmarkIndex name 100% MSCI Canada Net No. of holdings ex cash 84 84Index currency USD Average market cap (USD Mil) 66,107 66,097Benchmark type Total Return Price/earning ratio 17.5217.52Index Rebalancing Frequency QuarterlyTR Index Bloomberg TickerNDDUCATR Index Reuters RIC .dMICA00000NUS Sector allocation (%) Financials 37.12Energy 17.07Information Technology 11.59 Industrials 11.56 Materials10.74 Consumer Staples 4.16 Consumer Discretionary3.23Utilities 2.59 Communication Services1.03Real Estate0.45 Cash & Others0.45 Fund 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 MSCI CANADA UCITS ETF Monthly report 31 January 2025 | HCAD LN | USDTop 10 holdingsSector Weight (%) Royal Bank of Canada Financials 8.02 Shopify IncInformation Technology 6.58 Toronto-Dominion Bank/The Financials 4.64 Enbridge Inc Energy 4.38 Brookfield CorpFinancials 3.89 Canadian Pacific Kansas City L Industrials 3.45 Bank of Montreal Financials 3.36 Constellation Software Inc/Can Information Technology 3.07 Canadian Natural Resources Ltd Energy 2.99 Bank of Nova Scotia/TheFinancials 2.94 Trading Bloomberg iNAV Exchange nameListing datecurrencyTrading hours ticker Reuters RIC Bloomberg iNAV Reuters LONDON STOCK EXCHANGE24 Feb 2011 USD 08:00 - 16:30 HCAD LN HCAD.L HCAUSDIVHCADUSDINAV=SOLA LONDON STOCK EXCHANGE24 Feb 2011 GBP 08:00 - 16:30 HCAN LN HCAN.L HCANGBIV HCANGBXINAV=SOLA SIX SWISS EXCHANGE 07 Jun 2011 USD 09:00 - 17:30 HCAN SW HCAN.S HCAUSDIV HCADUSDINAV=SOLA NYSE EURONEXT - EURONEXT 03 Jun 2011 EUR 09:00 - 17:30 HCAN FP HCAN.PAHCANEUIV HCANEURINAV PARIS =SOLA SIX SWISS EXCHANGE 16 May 2012 CAD 09:00 - 17:30 HCANCAD HCANCAD.S HCANCAIV HCANCADINAV SW=SOLA DEUTSCHE BOERSE AG-XETRA 27 Sep 2013 EUR 09:00 - 17:30 H4ZR GY H4ZR.DEHCANEUIV HCANEURINAV=SOLA DEUTSCHE BOERSE AG- XFRA 27 Sep 2013 EUR 08:00 - 20:00 H4ZR GR H4ZR.DEHCADEUIV HCADEUiv.P Source: HSBC Asset Management, data as at 31 January 2025 HSBC ETFs PLC HSBC MSCI CANADA UCITS ETF Monthly report 31 January 2025 | HCAD LN | USD Follow us on: Risk disclosuresHSBC 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 thatFor 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 and Wholesale.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 Fund center such investments to go down as well as up. • Further information on the potential risks can be found in the Key Information Document (KID) and/or the Prospectus or Offering Memorandum. 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 HSBC ETFs PLC HSBC MSCI CANADA UCITS ETF Monthly report 31 January 2025 | HCAD LN | USD 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