HSBC UK Screened Equity UCITS ETF (HSUK)

The investment objective of the Fund is to replicate the performance of the FTSE UK ESG Low Carbon Emissions Select Index (the “Index”), while minimising as far as possible the tracking error between the Fund’s performance and that of the Index. The Index is a subset of the FTSE UK Index (the “Parent Index”) and aims to measure the performance of companies in the United Kingdom as defined by the Index Provider. The Index will weight companies according to carbon emissions and environmental, social and governance (“ESG”) ratings based criteria and apply ESG exclusionary criteria. In seeking to achieve its investment objective, the Fund will aim to invest in the constituents of the Index in generally the same proportions in which they are included in the Index. However, there may be circumstances when it is not possible or practicable for the Fund to invest in all constituents of the Index.