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 Corporate Bond 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: ETFCH

Telephone: +352 48 88 961

ISIN: IE000EHRXW91

Production Date: 28 April 2025.

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

What is this product?� Authorised Participants only may deal in the Fund’s ETF Shares directly with the UCITS. Type � The Fund’s ETF Shares are listed on one or more stock exchange(s). The Fund is an Irish collective asset-management vehicle ("ICAV"). The

� You may sell your investment on most working days. Fund's value is dependent on the performance of the underlying assets and� The anticipated level of tracking error in normal market conditions is may go up as well as down. Any capital invested in the Fund may be at

expected to be 0.40%. risk.

Intended Retail Investor Objectives and Investment Policy Designed for investors with a focus on income and planning to invest for at Investment Objective:least 3 years. The Fund may appeal to investors who are looking for a core The Fund aims to provide regular income and capital growth by tracking asfixed income investment and are interested in low cost exposure to the closely as possible the performance of the Bloomberg Global Aggregateglobal corporate market. Corporate Bond Index (total return hedged to US dollars) (the Index).An investment in the Fund is only suitable for investors who are capable of

evaluating the risks and merits of such an investment, and who have Investment Policy:

sufficient resources to bear any loss as the Fund is not guaranteed and they The Index is comprised of investment grade corporate bonds (and othermay receive back less than the amount invested. The Fund is designed for similar securities). The Index is multi-currency but is hedged to US dollars use as part of a diversified investment portfolio. Prospective investors (USD). The Index includes bonds from developed and emerging markets. should consult with their financial advisor before making an investment. The issuers of the bonds are within the industrial, utility and financial sectors. Term: The Fund is passively managed and invests in, or gain exposure to:

The Fund does not have a maturity date. corporate investment grade bonds, corporate emerging market bonds andThe PRIIP Manufacturer cannot terminate the Fund unilaterally. The Board other bonds all of which are Index constituents. The Fund utilises anof Directors may furthermore decide to liquidate the Fund in certain investment technique called optimisation, which seeks to minimise thecircumstances set out in the prospectus and articles of incorporation of the difference in return between the Fund and the Index by taking into account

Fund. tracking error (the risk that the Fund return varies from the Index return) and trading costs when constructing a portfolio. The Fund will not

Additional Information: necessarily invest in every constituent of the Index, or invest proportionally

This document describes a single share class of a sub-fund of the UCITS. to each constituents’ Index weight. If the overall portfolio matches the Further information about the UCITS including the Prospectus, the most characteristics of the Index, the Fund can also invest in assets outside of

recent annual and semi-annual reports of the UCITS and the latest prices of the Index, such as: bonds with a credit rating of Ba1, BB+ and below;shares, may be obtained free of charge, in English, from the Administrator securities which are expected to provide similar performance and riskby emailingifsinvestorqueries@hsbc.com,

or

by characteristics to certain Index constituents.

visiting www.global.assetmanagement.hsbc.com. The most recent The Fund may invest in cash and money market instruments and may Prospectus is available in English and French. Details of the underlying invest up to 10% of its assets in funds for efficient portfolio management

investments

of thefund

areavailable purposes.on www.global.assetmanagement.hsbc.com. The indicative intra-day net The Fund may invest in bonds issued by governments, government-related

asset value of the fund is available on at least one major market data entities and supranational entities based in developed and emerging

vendor terminal such as Bloomberg, as well as on a wide range of websites markets. that display stock market data, including www.reuters.com. The

Prospectus, annual and semi-annual reports are prepared for the entire The Fund may also invest in derivatives for hedging and efficient portfolio

UCITS. management purposes (such as to manage risk and costs, or to generate additional capital or income).

The Depositary is HSBC Continental Europe. The Fund’s assets are kept � The Fund may enter into securities lending transactions for up to

safe by the Depositary and are segregated from the assets of other Funds. 30% of its assets. However, this is not expected to exceed 25%.

It is possible to switch your shares into shares of a different share class or � The reference currency of the Fund is USD. The reference currency

sub-fund within the ICAV, however the conversion of the ETF Shares into of this share class is USD.

Non-ETF Shares and vice versa is not permitted. Details of how to do this � Income is reinvested.

are in the “How to convert between sub-funds / Classes” section of the

Prospectus.1/3 HSBC Global Funds ICAV - Global Corporate Bond UCITS ETF, a sub-fund of HSBC Global Funds ICAV - ETFCH (IE000EHRXW91)

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

We have classified this product as 3 out of 7, which is a medium-low risk class. This rates the potential losses from future performance at a medium-low, and poor market conditions are unlikely to impact our

1 2

3

45

6

7 capacity to pay you. 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

Lower risk

Higher risk between the two currencies. This risk is not considered in the indicator shown above.

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

Additional risks not included in the Summary Risk Indicator (SRI) include: Liquidity, Counterparty, Operational, Investment Leverage and Exchange Rate Risk. Please refer to the prospectus for other risks. The summary risk indicator is a guide to the level of risk of this product

This product does not include any protection from future market compared to other products. It shows how likely it is that the product will performance so you could lose some or all of your investment. lose money because of movements in the markets or because we are notIf we are not able to pay you what is owed, you could lose your entire able to pay you.investment.

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 USD6,760USD7,850 Average return each year -32.45 % -7.74 %

Unfavourable Scenario What you might get back after costs

USD8,290USD8,780 Average return each year -17.09 % -4.24 %

Moderate Scenario

What you might get back after costs

USD10,370USD11,070 Average return each year

3.72 %

3.46 %

Favourable ScenarioWhat you might get back after costs

USD11,350USD12,250 Average return each year 13.55 %

7.01 %

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 June 2015 and June 2018. The favourable scenario occurred for an investment between July 2018 and July 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 Corporate Bond UCITS ETF, a sub-fund of HSBC Global Funds ICAV - ETFCH (IE000EHRXW91)

Recommended Holding Period: 3 YearsIf you exitIf you exit Investment of USD 10,000

after 1 year after 3 years Total Costs13 USD43 USD Annual cost impact % *0.1%

0.1% 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 3.60% before costs and 3.46% 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 or

If 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

0.13% of the value of your investment per year. This figure is an estimate due to a change of fee structure. 13 USD administrative or operating costs Transaction costs

0.00%* of the value of your investment per year. This is an estimate of the costs incurred when we buy and0 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 and past performance of the Fund for the previous year can be found in the Fund Centre section of our website by visiting http://www.assetmanagement.hsbc.com. 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.

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