HSBC GIF Euro High Yield Bd.BD EUR/  LU0954271382  /

The Fund aims to provide long term capital growth and income by investing in a portfolio of High Yield bonds (denominated in Euro), while promoting environmental, social and governance (ESG) characteristics. The Fund aims to have a higher ESG rating than its reference benchmark, calculated as a weighted average of the ESG scores of the issuers of the Fund's investments versus the weighted average of the ESG scores of its reference benchmark. In normal market conditions, the Fund will invest at least 90% of its assets in non-investment grade bonds and other higher yielding securities including unrated bonds, denominated in Euro and other developed market currencies. These bonds are issued by issuers, or issued or guaranteed by government, government agencies or supranational bodies, that are based in developed markets and emerging markets. The Fund includes the identification and analysis of an issuer's ESG credentials as an integral part of the investment decision making process to help assess risks and potential returns. This analysis is applied to a minimum of 75% of the Fund's portfolio. ESG Credentials may include environmental and social factors, and corporate governance practices. Issuers considered for inclusion within the Fund's portfolio will be subject to excluded activities in accordance with HSBC Asset Management's Responsible Investment Policies, which may change from time to time. Please refer to the Prospectus for more details on ESG credentials and excluded activities. ESG credentials, excluded activities and the need for enhanced due diligence may be identified and analysed using both HSBC's proprietary ESG Materiality Framework as well as research & information provided by financial and non-financial data providers. The Fund may invest up to 10% of its assets in other funds, may also invest in bank deposits, money market instruments for treasury purposes and up to 15% of its assets in contingent convertible securities. However, this is not expected to exceed 10%. The Fund may hold shares (and securities similar to shares) received as a result of or in connection with a corporate action affecting existing portfolio holdings. The Fund invests in bonds which are mostly denominated in Euro and in other developed market currencies. Normally investment in non-Euro currencies will be limited to 10% of the Fund's assets.

The Fund aims to provide long term capital growth and income by investing in a portfolio of High Yield bonds (denominated in Euro), while promoting environmental, social and governance (ESG) characteristics. The Fund aims to have a higher ESG rating than its reference benchmark, calculated as a weighted average of the ESG scores of the issuers of the Fund's investments versus the weighted average of the ESG scores of its reference benchmark.