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 Aggregate Bond ESG 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 961ISIN: IE000VJEVNM1 Production Date: 11 October 2024. Website: http://www.assetmanagement.hsbc.com What is this product?The Fund may also invest in derivatives for hedging and efficient portfolio Type management purposes (such as to manage risk and costs, or to generate additional capital or income). The Fund is an Irish collective asset-management vehicle ("ICAV"). The Fund's value � The Fund may enter into securities lending transactions for up to 30% of its is dependent on the performance of the underlying assets and may go up as well as assets. However, this is not expected to exceed 25%. down. Any capital invested in the Fund may be at risk. � The reference currency of the Fund is USD. The reference currency of this Objectives and Investment Policyshare class is USD. � Income is reinvested. Investment Objective: � Authorised Participants only may deal in the Fund’s ETF Shares directly with The Fund aims to provide regular income and capital growth. the UCITS. Investment Policy: � The Fund’s ETF Shares are listed on one or more stock exchange(s). The Fund tracks as closely as possible the performance of the Bloomberg MSCI � You may sell your investment on most working days. Global Aggregate SRI Carbon ESG-Weighted Select Index (the Index), while � The anticipated level of tracking error in normal market conditions is expected minimising the tracking error between the Fund’s performance and that of theto be 0.4%. Index, while promoting environmental, social and governance (ESG) characteristics within the meaning of Article 8 of SFDR. The Index has been designated as theIntended Retail Investor Fund’s reference benchmark under Article 8 of SFDR . The Fund is designed for investors with a focus on income and who are planning to The Index measures the performance of global investment grade debt from invest for at least 3 years. The Fund may appeal to investors who are looking for a twenty-eight local currency markets, across three groups of bonds; which are core fixed income investment and are interested in low-cost exposure to the bond government bonds, credit and securitised. The currency of the Index is US Dollar market. (USD) and returns are hedged to that currency. An investment in the Fund is only suitable for investors who are capable of The Index seeks to achieve a reduction in carbon emissions and an improvement of evaluating the risks and merits of such an investment, and who have sufficient the MSCI ESG rating against that of the Bloomberg Global Aggregate Index (theresources to bear any loss as the Fund is not guaranteed and they may receive back Parent Index) through the government and credit buckets of the index.less than the amount invested. The Fund is designed for use as part of a diversified The Government bucket includes investment grade, fixed rate, taxable securities investment portfolio. Prospective investors should consult with their financial advisor issued by treasury issuers from both developed and emerging markets issuers and before making an investment. uses a ‘market size aware’ ESG tilting approach to tilt country allocations above or Term: below their market value weights on a monthly basis. The credit bucket of the Index removes securities based on sustainabilityThe Fund does not have a maturity date. exclusionary criteria on a monthly basis, applying the following businessThe PRIIP Manufacturer cannot terminate the Fund unilaterally. The Board of involvement screens, which includes but is not limited to: non-compliance with Directors may furthermore decide to liquidate the Fund in certain circumstances set UN Global Compact Principles and a red MSCI ESG controversies score. out in the prospectus and articles of incorporation of the Fund. The index applies a screen using MSCI ESG ratings, excluding any constituent withAdditional Information: the following: issuers with an MSCI ESG Rating of lower than BB, ESG Pillar Score of less than 2 and unrated issuers from sectors with ratings. Please refer the Fund’s This document describes a single share class of a sub-fund of the UCITS. Further Supplement for more details on MSCI ESG ratings, and the credit and Government information about the UCITS including the Prospectus, the most recent annual and buckets. semi-annual reports of the UCITS and the latest prices of shares, may be obtained free of charge, inEnglish, from theAdministrator by The Fund will invest in government, government-related entities and supranationalemailingifsinvestorqueries@hsbc.com, or by bonds (developed and emerging markets); corporate investment grade bonds,visiting www.global.assetmanagement.hsbc.com. The most recent Prospectus is corporate emerging market bonds, asset backed securities (ABS), mortgage-backed available in English and French. Details of the underlying investments of the fund are securities (MBS), commercial mortgage backed securities (CMBS) and covered available on www.global.assetmanagement.hsbc.com. The indicative intra-day net bonds all of which are Index constituents. asset value of the fund is available on at least one major market data vendor terminal The Fund is passively managed and utilises an investment technique calledsuch as Bloomberg, as well as on a wide range of websites that display stock optimisation, which seeks to minimise the difference in return between the Fund market data, including www.reuters.com. The Prospectus, annual and semi-annual and the Index by taking into account tracking error and trading costs when reports are prepared for the entire UCITS. constructing a portfolio. The Fund will not necessarily invest in every constituent of The Depositary is HSBC Continental Europe. The Fund’s assets are kept safe by the the Index. Depositary and are segregated from the assets of other Funds. The credit ratings of the Fund’s underlying investments may vary from time to time. It is possible to switch your shares into shares of a different share class or sub-fund However, their average credit rating is expected to be in-line with that of the Index. within the ICAV, however the conversion of the ETF Shares into Non-ETF Shares The Fund will not invest more than 10% of its assets in other funds, including HSBC and vice versa is not permitted. Details of how to do this are in the “How to convert funds. between sub-funds / Classes” section of the Prospectus. 1/3 HSBC Global Funds ICAV - Global Aggregate Bond ESG UCITS ETF, a sub-fund of HSBC Global Funds ICAV - ETFCH (IE000VJEVNM1) 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. 12 34 5 67 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 shown above. Lower riskHigher risk Additional risks not included in the Summary Risk Indicator (SRI) include: Liquidity, Counterparty, Operational, Investment Leverage and Exchange Rate Risk. PleaseThe risk indicator assumes you keep the product for 3 years. refer to the prospectus for other risks. This product does not include any protection from future market performance so you could lose some or all of your investment. If we are not able to pay you what is owed, you could lose your entire investment. The summary risk indicator is a guide to the level of risk of this product compared to other products. It shows how likely it is that the product will lose money because of movements in the markets or because we 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 Years If you exit If you exit after Investment of USD 10,000 after 1 year 3 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 Scenario What you might get back after costs USD8,230 USD8,450 Average return each year -17.72 % -5.44 % Unfavourable Scenario What you might get back after costs USD8,790 USD8,860 Average return each year -12.12 % -3.94 % Moderate ScenarioWhat you might get back after costs USD10,200 USD10,860 Average return each year 1.97 % 2.78 % Favourable Scenario What you might get back after costs USD11,070 USD11,710 Average return each year 10.74 % 5.41 % 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 2016 and January 2019. 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 the product performs as shown in the moderate scenario. � USD 10,000 is invested. Recommended Holding Period: 3 Years If you exit If you exit Investment of USD 10,000 after 1 year after 3 years Total Costs 9 USD 29 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 2.87% before costs and 2.78% 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. 2/3 HSBC Global Funds ICAV - Global Aggregate Bond ESG UCITS ETF, a sub-fund of HSBC Global Funds ICAV - ETFCH (IE000VJEVNM1) 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. where shares Up to 0 USD 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 other0.09% of the value of your investment per year. This figure is an estimate as the share class has not been priced for a full 9 USD administrative or operating costsfinancial year. Transaction costs0.00% of the value of your investment per year. This is an estimate of the costs incurred when we buy and sell the 0 USD 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 Fees There 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 Detailed information for article 8 and 9 sustainable investment products, as categorised under the Sustainable Finance Disclosure Regulation (SFDR), including; description of the environmental or social characteristics or the sustainable investment objective; methodologies used to assess, measure and monitor the environmental or social characteristics and the impact of the selected sustainable investments and; objectives and benchmark information, can be found at: https://www.assetmanagement.hsbc.co.uk/en/intermediary/investment-expertise/sustainable-investments/sustainable-investment-product-offering 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