HSBC Global Funds ICAV - Global Corporate Bond UCITS ETF S4QHGBP/  IE00BG0NYL95  /

The Fund aims to provide regular income and capital growth by tracking as closely as possible the performance of the Bloomberg Global Aggregate Corporate Bond Index (total return hedged to US dollars) (the Index). The Index is comprised of investment grade corporate bonds (and other similar securities). The Index is multi-currency but is hedged to US dollars (USD). The Index includes bonds from developed and emerging markets. The issuers of the bonds are within the industrial, utility and financial sectors. The Fund is passively managed and invests in, or gain exposure to: bonds issued by companies, and asset backed securities (ABS) and mortgage backed securities (MBS), all of which are Index constituents. The Fund utilises an investment technique called 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 Fund return varies from the Index return) and trading costs when constructing a portfolio. The Fund will not necessarily invest in every constituent of the Index, or invest proportionally to each constituents' Index weight. If the overall portfolio matches the characteristics of the Index, the Fund can also invest in assets outside of the Index, such as: bonds with a credit rating of Ba1, BB+ and below, securities which are expected to provide similar performance and risk characteristics to certain Index constituents.

The Fund aims to provide regular income and capital growth by tracking as closely as possible the performance of the Bloomberg Global Aggregate Corporate Bond Index (total return hedged to US dollars) (the Index).