Key Information Document Purpose This document provides you with key information about this investment product. It is not marketing material. The information is required by law to help you understand the nature, risks, costs, potential gains and losses of this product and to help you compare it with other products. HSBC Global Funds ICAV - Global Sukuk UCITS ETF

a sub-fund of HSBC Global Funds ICAV,(the "UCITS"). The Fund is managed by HSBC Investment Funds (Luxembourg) S.A., authorised in Ireland and

supervised by Central Bank of Ireland (CBI). HSBC Asset Management is the brand name for the asset management business of HSBC Group.

PRIIP Manufacturer: HSBC Investment Funds (Luxembourg) S.A. Share Class: ETFS

Telephone: +352 48 88 961 ISIN: IE0009U8IBU8

Production Date: 25 March 2025.

Website: http://www.assetmanagement.hsbc.com

What is this product?� The reference currency of the Fund is USD. The reference currency of this share class is USD. Type � Income is distributed. The Fund is an Irish collective asset-management vehicle ("ICAV"). The

� Authorised Participants only may deal in the Fund’s ETF Shares Fund's value is dependent on the performance of the underlying assets and

directly with the UCITS. may go up as well as down. Any capital invested in the Fund may be at� The Fund’s ETF Shares are listed on one or more stock exchange(s). risk.� You may sell your investment on most working days.

� The anticipated level of tracking error in normal market conditions is Objectives and Investment Policy expected to be 0.65%. Investment Objective:

Intended Retail Investor The Fund aims to provide regular income and capital growth by tracking as closely as possible the performance of the FTSE IdealRatings Sukuk Index Designed for investors with a focus on income and planning to invest for at (total return) (the Index), while maintaining adherence to Shariah principles.

least 3 years. The Fund may appeal to investors who are looking for a core Investment Policy:

Shariah complaint Sukuk investment and are interested in low cost

exposure to the USD denominated Sukuk market. The Index is comprised of global Islamic fixed income securities, also known as Sukuk. The Fund invests in, or gain exposure to US Dollar

An investment in the Fund is only suitable for investors who are capable of denominated, Investment Grade Sukuk that are Shariah-compliant, and

evaluating the risks and merits of such an investment, and who have issued in the global markets, all of which are Index constituents. The

sufficient resources to bear any loss as the Fund is not guaranteed and they currency of the Index is USD and returns are unhedged.

may receive back less than the amount invested. The Fund is designed for

use as part of a diversified investment portfolio. Prospective investors The Fund is passively managed and utilises an investment technique called

should consult with their financial advisor before making an investment. optimisation, which seeks to minimise the difference in return between the Fund and the Index by taking into account tracking error (the risk that the

Term: Fund return varies from the Index return) and trading costs when

The Fund does not have a maturity date. constructing a portfolio. The Fund will not necessarily invest in every constituent of the Index, or invest proportionally to each constituents’ Index

The PRIIP Manufacturer cannot terminate the Fund unilaterally. The Board weight. If the overall portfolio matches the characteristics of the Index, the

of Directors may furthermore decide to liquidate the Fund in certain Fund can also invest in assets outside of the Index, such as: securities circumstances set out in the prospectus and articles of incorporation of the which are expected to provide similar performance and risk characteristics

Fund. to certain Index constituents; Sukuk with a Credit Rating of Ba1 BB+ / BB+

Additional Information: and below may be held for efficient portfolio management purposes; and cash and Sukuk with up to 1 year to maturity for liquidity and cash

This document describes a single share class of a sub-fund of the UCITS. management purposes. When making investment decisions, the

Further information about the UCITS including the Prospectus, the most Investment Adviser will only proceed with the investment where itrecent annual and semi-annual reports of the UCITS and the latest prices of complies with Shariah principles.shares, may be obtained free of charge, in English, from the Administrator

by emailingifsinvestorqueries@hsbc.com,

or

by The Shariah committee monitors the Fund periodically and issues an

visiting www.global.assetmanagement.hsbc.com. The most recent annual Shariah certificate on the Fund’s compliance with Shariah Prospectus is available in English and French. Details of the underlying principles. This certificate is included in the annual report of the Fund as investments

of thefund

areavailable a confirmation of the Shariah compliance for that year. Before investing,on www.global.assetmanagement.hsbc.com. The indicative intra-day net please do check that this Fund meets your Shariah requirements, and if inasset value of the fund is available on at least one major market data any doubt please consult an adviser. Screening of the Shariah compliance vendor terminal such as Bloomberg, as well as on a wide range of websites of global Sukuk is based on the methodology of IdealRatings and Sukukthat display stock market data, including www.reuters.com. The with a maturity of 1 year and above are eligible for investment. Prospectus, annual and semi-annual reports are prepared for the entire The Fund may invest up to 10% of its assets in cash and may invest up to UCITS. 10% of its assets in Shariah-compliant funds for efficient portfolio The Depositary is HSBC Continental Europe. The Fund’s assets are kept management purposes. safe by the Depositary and are segregated from the assets of other Funds. Credit Ratings of the investments may vary from time to time but will be at

It is possible to switch your shares into shares of a different share class or least investment grade.

sub-fund within the ICAV, however the conversion of the ETF Shares into The Fund may also invest in Shariah-compliant derivatives for efficient

Non-ETF Shares and vice versa is not permitted. Details of how to do this portfolio management purposes (such as to manage risk and costs, or to

are in the “How to convert between sub-funds / Classes” section of the generate additional capital or income), and/or investment purposes.

Prospectus.

1/3 HSBC Global Funds ICAV - Global Sukuk UCITS ETF, a sub-fund of HSBC Global Funds ICAV - ETFS (IE0009U8IBU8)

What are the risks and what could I get in return? Risk Indicator

We have classified this product as 2 out of 7, which is a low risk class. This rates the potential losses from future performance at a low level, and poor market conditions are very unlikely to impact our capacity to pay you.

1 2

3

45

6

7 Be aware of currency risk. You will receive payments in a different currency, so the final return you will get depend on the exchange rate between the two currencies. This risk is not considered in the indicator

Lower risk

Higher risk shown above. Additional risks not included in the Summary Risk Indicator (SRI) include:

The risk indicator assumes you keep the product for 3 years.

Liquidity, Counterparty, Operational, Investment Leverage and Exchange Rate Risk. Please refer to the prospectus for other risks. This product does not include any protection from future market The summary risk indicator is a guide to the level of risk of this product

performance so you could lose some or all of your investment. compared to other products. It shows how likely it is that the product will If we are not able to pay you what is owed, you could lose your entire lose money because of movements in the markets or because we are notinvestment. able to pay you.

Performance Scenarios What you will get from this product depends on future market performance. Market developments in the future are uncertain and cannot be accurately predicted. The unfavourable, moderate, and favourable scenarios shown are illustrations using the worst, average, and best performance of the product and a suitable benchmark over the last 10 years. Markets could develop very differently in the future.

Recommended Holding Period: 3 Years

If you exitIf you exit after

Investment of USD 10,000after 1 year3 years

Minimum The Fund is not covered by an investor compensation or guarantee scheme, you may lose some or all of the amount invested.

Stress ScenarioWhat you might get back after costs USD8,320USD8,800 Average return each year -16.83 % -4.18 %

Unfavourable Scenario What you might get back after costs

USD8,880USD9,420 Average return each year -11.24 % -1.96 %

Moderate Scenario

What you might get back after costs

USD10,340USD10,830 Average return each year

3.36 %

2.68 %

Favourable ScenarioWhat you might get back after costs

USD11,150USD12,330 Average return each year 11.52 %

7.22 %

The figures shown include all the costs of the product itself, but may not include all the costs that you pay to your advisor or distributor. The figures do not take into account your personal tax situation, which may also affect how much you get back. The stress scenario shows what you might get back in extreme market circumstances. The unfavourable scenario occurred for an investment between October 2020 and October 2023. The moderate scenario occurred for an investment between January 2015 and January 2018. The favourable scenario occurred for an investment between June 2018 and June 2021. A suitable benchmark was used where the Fund had insufficient history.

What happens if HSBC Investment Funds (Luxembourg) S.A. is unable to pay out? The Fund's ability to pay out would not be affected by the default of HSBC Investment Funds (Luxembourg) S.A.. The Fund’s assets are kept safe by the Depositary and are segregated from the assets of other Funds. This means that the holdings of one Fund are kept separate from the holdings of the other Funds and your investment in the Fund cannot be used to pay the liabilities of any other Fund. There is a potential liability risk for the Depositary if the assets of the Fund are lost. The Depositary is liable in case of its negligent or intentional failure to properly fulfil its obligations. In the event of a bankruptcy or insolvency of the Depositary or other service provider, investors could experience delays (for example, delays in the processing of subscriptions, conversions and redemption of shares) or other disruptions and there may be a risk of default. The Fund is not covered by an investor compensation or guarantee scheme.

What are the costs? The person advising on or selling you this product may charge you other costs. If so, this person will provide you with information about these costs and how they affect your investment. Cost over time The tables show the amounts that are taken from your investment to cover different types of costs. These amounts depend on how much you invest, how long you hold the product and how well the product does. The amounts shown here are illustrations based on an example investment amount and different possible investment periods. We have assumed: � In the first year you would get back the amount that you invested (0% annual return). For the other holding periods we have assumed the productperforms as shown in the moderate scenario. � USD 10,000 is invested.2/3 HSBC Global Funds ICAV - Global Sukuk UCITS ETF, a sub-fund of HSBC Global Funds ICAV - ETFS (IE0009U8IBU8)

Recommended Holding Period: 3 Years

If you exitIf you exit Investment of USD 10,000after 1 year after 3 years Total Costs

40 USD

131 USD Annual cost impact % *

0.4%

0.4% each year

* This illustrates how costs reduce your return each year over the holding period. For example it shows that if you exit at the recommended holding period your average return per year is projected to be 3.09% before costs and 2.68% after costs. We may share part of the costs with the person selling you the product to cover the services they provide to you. They will inform you of the amount.

Composition of costs One-off costs upon entry orIf you exit after 1 year exit Entry costs No entry nor exit charges are payable where investors deal in ETF Shares in the secondary market – i.e.

Up to 0 USD where shares are purchased and sold on a stock exchange. 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. Exit costs

We do not charge an exit fee for this product, but the person selling you the product may do so.0 USD Ongoing costs taken each year Management fees and other

0.40% of the value of your investment per year. This figure is an estimate as the share class has not been 40 USD administrative or operating costs

priced for a full financial year. Transaction costs

0.00%* of the value of your investment per year. This is an estimate of the costs incurred when we buy and

0 USD sell the underlying investments for the product. The actual amount will vary depending on how much we buy and sell. Incidental costs taken under specific conditions Performance FeesThere is no performance fee for this product.

0 USD

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.

How long should I hold it and can I take money out early? Recommended Holding Period: 3 years Investment in this Fund may be appropriate for investors who plan to invest over a medium term. There are no penalties if you wish to redeem your holdings in the Fund prior to the recommended holding period. An exit fee may be applicable, please refer to the "Composition of Costs" table for details.

How can I complain? Complaints about the product, or the about the conduct of HSBC Investment Funds (Luxembourg) S.A., or the person advising on or selling the product, should be addressed in writing to 18 Boulevard de Kockelscheuer, 1821 Luxembourg, Grand Duchy of Luxembourg, or by e-mail to hifl.complaint@hsbc.com.

Other relevant information *Note: this figure is based on an incomplete data set and is therefore subject to change. An updated figure will be provided in due course. The previous performance scenarios can be found in the Fund Centre section of our website by visiting http://www.assetmanagement.hsbc.com. There is insufficient history available to provide past performance figures. When this product is used as a unit-linked support for a life insurance or capitalization contract, the additional information on this contract, such as the costs of the contract, which are not included in the costs indicated in this document, the contact in the event of a claim and what happens in the event of failure of the insurance company, are presented in the key information document of this contract, which must be provided by your insurer or broker or any other intermediary of insurance in accordance with its legal obligation. 3/3