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 Government 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: ETFSHGBP

Telephone: +352 48 88 961

ISIN: IE000Q7EQ7R4

Production Date: 04 December 2024. Website: http://www.assetmanagement.hsbc.com

What is this product? � You may sell your investment on most working days.

� The anticipated level of tracking error in normal market conditions Type is expected to be 0.20%. The Fund is an Irish collective asset-management vehicle ("ICAV"). The

Intended Retail Investor Fund's value is dependent on the performance of the underlying assets and may go up as well as down. Any capital invested in the Fund may

Designed for investors with a focus on income and planning to invest be at risk.

for at least 3 years. The Fund may appeal to investors who are looking

for a core fixed income investment and are interested in low exposure Objectives and Investment Policy

to the global government market. Investment Objective: An investment in the Fund is only suitable for investors who are The Fund aims to provide regular income and capital growth by capable of evaluating the risks and merits of such an investment, and tracking as closely as possible the performance of the FTSE World who have sufficient resources to bear any loss as the Fund is not Government Bond Index (total return hedged to US dollars) (the Index).guaranteed and they may receive back less than the amount invested. Investment Policy:The Fund is designed for use as part of a diversified investment

portfolio. Prospective investors should consult with their financial The Index is comprised of investment grade bonds. The Index is

advisor before making an investment. multi-currency but hedged into US dollars (USD). The Index includes fixed-rate local currency government bonds from developed and Term: emerging markets issuers.

The Fund does not have a maturity date. The Fund is passively managed and invests in, or gain exposure to:

The PRIIP Manufacturer cannot terminate the Fund unilaterally. The bonds issued by governments, government-related entities and

Board of Directors may furthermore decide to liquidate the Fund in supranational entities based in developed and emerging markets, all

certain circumstances set out in the prospectus and articles of of which are Index constituents. The Fund utilises an investment

incorporation of the Fund. technique called optimisation, which seeks to minimise the difference in return between the Fund and the Index by taking into account

Additional Information: tracking error (the risk that the Fund return varies from the Index return)

This document describes a single share class of a sub-fund of the and trading costs when constructing a portfolio. The Fund will not

UCITS. Further information about the UCITS including the Prospectus, necessarily invest in every constituent of the Index, or invest

the most recent annual and semi-annual reports of the UCITS and the proportionally to each constituents’ Index weight. If the overall

latest prices of shares, may be obtained free of charge, in English, from portfolio matches the characteristics of the Index, the Fund can also

the Administrator by emailing ifsinvestorqueries@hsbc.com, or by invest in assets outside of the Index, such as: bonds with a credit rating

visiting www.global.assetmanagement.hsbc.com. The most recent of Ba1, BB+ and below; securities which are expected to provide

Prospectus is available in English and French. Details of the underlying similar performance and risk characteristics to certain Index

investments

of

thefund areavailable constituents.

on www.global.assetmanagement.hsbc.com. The indicative intra-day The Fund may invest in cash and money market instruments and may

net asset value of the fund is available on at least one major market invest up to 10% of its assets in funds for efficient portfolio

data vendor terminal such as Bloomberg, as well as on a wide range of management purposes.

websites that display stock market data, including www.reuters.com. The Fund may also invest in derivatives for hedging and efficient The Prospectus, annual and semi-annual reports are prepared for the portfolio management purposes (such as to manage risk and costs, or

entire UCITS. to generate additional capital or income).The Depositary is HSBC Continental Europe. The Fund’s assets are � The Fund may enter into securities lending transactions for up to

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

other Funds. � The reference currency of your shares is GBP. Your shares seek

It is possible to switch your shares into shares of a different share class to hedge the currencies of denomination of the underlying

or sub-fund within the ICAV, however the conversion of the ETF Shares portfolio assets to GBP.

into Non-ETF Shares and vice versa is not permitted. Details of how to � Income is distributed.

do this are in the “How to convert between sub-funds / Classes” � Authorised Participants only may deal in the Fund’s ETF Shares

section of the Prospectus. directly with the UCITS. � The Fund’s ETF Shares are listed on one or more stock exchange(s).

1/3 HSBC Global Funds ICAV - Global Government Bond UCITS ETF, a sub-fund of HSBC Global Funds ICAV - ETFSHGBP (IE000Q7EQ7R4)

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

1 2 3

4 5 6

7pay 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

Lower risk

Higher risk rate between the two currencies. This risk is not considered in the indicator shown above. The risk indicator assumes you keep the product for 3

Additional risks not included in the Summary Risk Indicator (SRI) years.

include: 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 If we are not able to pay you what is owed, you could lose your entire will lose money because of movements in the markets or because we investment. are not 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 YearsIf you exit

If you exit after

Investment of GBP 10,000

after 1 year

3 years

MinimumThe 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

GBP7,840

GBP8,210 Average return each year

-21.57 %-6.38 %

Unfavourable Scenario What you might get back after costs

GBP8,660

GBP8,420 Average return each year

-13.38 %-5.58 %

Moderate Scenario

What you might get back after costs GBP10,080

GBP10,400 Average return each year0.85 %

1.33 %

Favourable ScenarioWhat you might get back after costs GBP10,990

GBP11,350 Average return each year9.94 %

4.32 % 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 March 2015 and March 2018. The favourable scenario occurred for an investment between July 2017 and July 2020. 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 theproduct performs as shown in the moderate scenario. � GBP 10,000 is invested.

2/3 HSBC Global Funds ICAV - Global Government Bond UCITS ETF, a sub-fund of HSBC Global Funds ICAV - ETFSHGBP (IE000Q7EQ7R4)

Recommended Holding Period: 3 Years

If you exitIf you exit Investment of GBP 10,000after 1 year after 3 years Total Costs 10 GBP 31 GBP 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 1.43% before costs and 1.33% 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.Up to 0 GBP e. 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 GBP Ongoing costs taken each year Management fees and other

0.10% of the value of your investment per year. This figure is an estimate due to a change of fee

10 GBP administrative or operating structure. costs Transaction costs

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

0 GBP and 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 GBP

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 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