HSBC MSCI EM FAR EAST ETF

The investment objective of the Fund is to replicate the performance of the MSCI EM Far East 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 market-capitalisation weighted index designed to measure the performance of the largest companies in China (as accessible through the Hong Kong market), Indonesia, Korea, Malaysia, Philippines, Taiwan and Thailand, as defined by the Index Provider. The markets in which the issuers are based are considered to be emerging markets and accordingly, are subject to specific risk factors.