For more information on how we assess, measure and monitor the environmental or social characteristics or the impact of sustainable investments in our products please refer to our ‘Responsible Investment’ Policy and ‘Implementation Procedures’.

Sustainable investing range

(EU Sustainable Finance Disclosures Regulation - Article 8¹ and Article 9²)

Fund Name	SFDR Category (Art. 8 or 9)*	Environmental/social characteristics or sustainable investment objective	How the environmental/social characteristics or the sustainable investment objective is met?	How the index is aligned with the environmental/social characteristics, or the sustainable investment objective? Why and how the index used differs from a broad market index?
HSBC Global Investment Funds - Asia ESG Bond	8	The sub-fund aims to provide long term total return by investing in a portfolio of Asian bonds, while promoting ESG characteristics within the meaning of Article 8 of SFDR.	The sub-fund invests in normal market conditions a minimum of 70% of its net assets in Investment Grade and Non-Investment Grade rated fixed income and other similar securities issued by issuers meeting certain ESG rating and lower carbon intensity criteria, which may include issuers following good ESG practices resulting in high ESG ratings and/or low/decreasing carbon intensity and including sustainable bonds. The sub-fund will not invest in equities issues by companies with exposure to certain activities such as weapons, thermal coal extraction, coal fired power generation and tobacco and will exclude issuers considered to be breaching the United Nations Global Compact Principles.	The sub-fund is actively managed and does not track a benchmark.
HSBC Global Investment Funds - Asia Ex Japan Equity	8	The sub-fund aims to provide long term capital growth by investing in a portfolio of Asian (excluding Japanese) equities, while promoting ESG characteristics within the meaning of Article 8 of SFDR.	The sub-fund includes the identification and analysis of a company’s ESG credentials as an integral part of the investment decision making process to reduce risk and enhance returns. ESG Credentials may include environmental and social factors and good corporate governance practices. From 3 January 2022, the sub-fund will not invest in equities issues by companies with exposure to certain activities such as weapons, thermal coal extraction, coal fired power generation and tobacco.	The sub-fund is actively managed and does not track a benchmark.
HSBC Global Investment Funds - Asia Ex Japan Equity Smaller Companies	8	The sub-fund aims to provide long term capital growth by investing in a portfolio of Asian (excluding Japanese) smaller company equities, while promoting ESG characteristics within the meaning of Article 8 of SFDR.	The sub-fund includes the identification and analysis of a company’s ESG credentials as an integral part of the investment decision making process to reduce risk and enhance returns. ESG Credentials may include environmental and social factors and good corporate governance practices. From 3 January 2022, the sub-fund will not invest in equities issues by companies with exposure to certain activities such as weapons, thermal coal extraction, coal fired power generation and tobacco.	The sub-fund is actively managed and does not track a benchmark.
HSBC Global Investment Funds - Asia Pacific Ex Japan Equity High Dividend	8	The sub-fund aims to provide long term total return by investing in a portfolio of Asia-Pacific (excluding Japan) equities, while promoting ESG characteristics within the meaning of Article 8 of SFDR. The sub-fund aims to invest in a portfolio that offers a dividend yield above the MSCI AC Asia Pacific ex Japan.	The sub-fund includes the identification and analysis of a company’s ESG credentials as an integral part of the investment decision making process to reduce risk and enhance returns.  ESG Credentials may include environmental and social factors and good corporate governance practices.  The sub-fund will not invest in equities issues by companies with exposure to certain activities such as weapons, thermal coal extraction, coal fired power generation and tobacco.	The sub-fund is actively managed and does not track a benchmark.
HSBC Global Investment Funds - China A-Shares Equity	8	The sub-fund aims to provide long term capital growth by investing in a portfolio of China A-shares, while promoting ESG characteristics within the meaning of Article 8 of SFDR.	The sub-fund includes the identification and analysis of a company’s ESG credentials as an integral part of the investment decision making process to reduce risk and enhance returns. ESG Credentials may include environmental and social factors and good corporate governance practices. From 3 January 2022, the sub-fund will not invest in equities issues by companies with exposure to certain activities such as weapons, thermal coal extraction, coal fired power generation and tobacco.	The sub-fund is actively managed and does not track a benchmark.
HSBC Global Investment Funds - Chinese Equity	8	The sub-fund aims to provide long term capital growth by investing in a portfolio of Chinese equities, while promoting ESG characteristics within the meaning of Article 8 of SFDR. The sub-fund invests in normal market conditions a minimum of 90% of its net assets in equities and equity equivalent securities of companies which are domiciled in, based in, or carry out the larger part of their business activities in the People's Republic of China (“China”), including Hong Kong SAR. The sub-fund may also invest in eligible closed-ended Real Estate Investment Trusts (“REITs”).	The sub-fund includes the identification and analysis of a company’s ESG credentials as an integral part of the investment decision making process to reduce risk and enhance returns.  ESG Credentials may include environmental and social factors and good corporate governance practices. The sub-fund will not invest in equities issues by companies with exposure to certain activities such as weapons, thermal coal extraction, coal fired power generation and tobacco.	The sub-fund is actively managed and does not track a benchmark.
HSBC Global Investment Funds - Euro Bond	8	The sub-fund aims to provide long term total return by investing in a portfolio of Euro denominated bonds while promoting ESG characteristics within the meaning of Article 8 of SFDR. The sub-fund aims to do this with a higher ESG rating, calculated as a weighted average of the ESG ratings given to the issuers of the sub-fund’s investments, than the weighted average of the constituents of the Bloomberg Euro Aggregate.	The sub-fund includes the identification and analysis of a company’s ESG credentials as an integral part of the investment decision making process to reduce risk and enhance returns. ESG Credentials may include environmental and social factors and good corporate governance practices. From 3 January 2022, the sub-fund will not invest in equities issues by companies with exposure to certain activities such as weapons, thermal coal extraction, coal fired power generation and tobacco.	The sub-fund is actively managed and does not track a benchmark.
HSBC Global Investment Funds - Euro Credit Bond	8	The sub-fund invests for total return primarily in a diversified portfolio of Investment Grade rated fixed income (e.g. bonds) and other similar securities, denominated in Euro, while promoting ESG characteristics within the meaning of Article 8 of SFDR. The sub-fund aims to do this with a higher ESG rating, calculated as a weighted average of the ESG ratings given to the issuers of the sub-fund’s investments, than the weighted average of the constituents of the Markit iBoxx EUR Corporates.	The sub-fund includes the identification and analysis of a company’s ESG credentials as an integral part of the investment decision making process to reduce risk and enhance returns. ESG Credentials may include environmental and social factors and good corporate governance practices. From 3 January 2022, the sub-fund will not invest in equities issues by companies with exposure to certain activities such as weapons, thermal coal extraction, coal fired power generation and tobacco.	The sub-fund is actively managed and does not track a benchmark.
HSBC Global Investment Funds - Euro High Yield Bond	8	The sub-fund aims to provide long term total return by investing in a portfolio of Euro denominated high yielding bonds, while promoting ESG characteristics within the meaning of Article 8 of SFDR. The sub-fund aims to do this with a higher ESG rating, calculated as a weighted average of the ESG ratings given to the issuers of the sub-fund’s investments, than the weighted average of the constituents of the ICE BofA Euro High Yield BB-B Constrained.	The sub-fund includes the identification and analysis of a company’s ESG credentials as an integral part of the investment decision making process to reduce risk and enhance returns. ESG Credentials may include environmental and social factors and good corporate governance practices. From 3 January 2022, the sub-fund will not invest in equities issues by companies with exposure to certain activities such as weapons, thermal coal extraction, coal fired power generation and tobacco.	The sub-fund is actively managed and does not track a benchmark.
HSBC Global Investment Funds - Euroland Equity Smaller Companies	8	The sub-fund seeks long-term total return by investing (normally a minimum of 90% of its net assets) in a portfolio of equity and equity equivalent securities of smaller and mid-sized companies which are based in any Eurozone member country, while promoting ESG characteristics within the meaning of Article 8 of SFDR.	The sub-fund includes the identification and analysis of a company’s ESG credentials as an integral part of the investment decision making process to reduce risk and enhance returns. ESG Credentials may include environmental and social factors and good corporate governance practices. From 3 January 2022, the sub-fund will not invest in equities issues by companies with exposure to certain activities such as weapons, thermal coal extraction, coal fired power generation and tobacco.	The sub-fund is actively managed and does not track a benchmark.
HSBC Global Investment Funds - Euroland Growth	8	The sub-fund aims to provide long term total return by investing in a portfolio of Eurozone equities, while promoting ESG characteristics within the meaning of Article 8 of SFDR.	The sub-fund includes the identification and analysis of a company’s ESG credentials as an integral part of the investment decision making process to reduce risk and enhance returns. ESG Credentials may include environmental and social factors and good corporate governance practices. From 3 January 2022, the sub-fund will not invest in equities issues by companies with exposure to certain activities such as weapons, thermal coal extraction, coal fired power generation and tobacco.	The sub-fund is actively managed and does not track a benchmark.
HSBC Global Investment Funds - Euroland Value	8	The sub-fund aims to provide long term total return by investing in a portfolio of Eurozone equities, while promoting ESG characteristics within the meaning of Article 8 of SFDR.	The sub-fund includes the identification and analysis of a company’s ESG credentials as an integral part of the investment decision making process to reduce risk and enhance returns. ESG Credentials may include environmental and social factors and good corporate governance practices. From 3 January 2022, the sub-fund will not invest in equities issues by companies with exposure to certain activities such as weapons, thermal coal extraction, coal fired power generation and tobacco.	The sub-fund is actively managed and does not track a benchmark.
HSBC Global Investment Funds - Europe Value	8	The sub-fund aims to provide long term total return by investing in a portfolio of European equities, while promoting ESG characteristics within the meaning of Article 8 of SFDR.	The sub-fund includes the identification and analysis of a company’s ESG credentials as an integral part of the investment decision making process to reduce risk and enhance returns. ESG Credentials may include environmental and social factors and good corporate governance practices. From 3 January 2022, the sub-fund will not invest in equities issues by companies with exposure to certain activities such as weapons, thermal coal extraction, coal fired power generation and tobacco.	The sub-fund is actively managed and does not track a benchmark.
HSBC Global Investment Funds - Global Bond	8	The sub-fund invests for total return primarily in a diversified portfolio of Investment Grade rated fixed income (e.g. bonds) and other similar securities from around the world, while promoting ESG characteristics within the meaning of Article 8 of SFDR. The sub-fund aims to do this with a higher ESG rating, calculated as a weighted average of the ESG ratings of the issuers of the sub-fund’s investments, than the weighted average of the ESG ratings of the Bloomberg Global Aggregate.	The sub-fund includes the identification and analysis of an issuer’s ESG credentials as an integral part of the investment decision making process to reduce risk and enhance returns.  ESG Credentials may include environmental and social factors and good corporate governance practices. The sub-fund will not invest in bonds issued by issuers with exposure to certain activities such as weapons, thermal coal extraction, coal fired power generation and tobacco.	The sub-fund is actively managed and does not track a benchmark.
HSBC Global Investment Funds - Global Bond Total Return	8	The sub-fund aims to provide long term total return by investing in a portfolio allocated across global bonds and other similar securities or instruments, while promoting ESG characteristics within the meaning of Article 8 of SFDR. The sub-fund aims to do this with a higher ESG rating, calculated as a weighted average of the ESG ratings of the issuers of the sub-fund’s investments, than the weighted average of the ESG ratings of the constituents of each of the sub-fund’s asset classes.	The sub-fund includes the identification and analysis of an issuer’s ESG credentials as an integral part of the investment decision making process to reduce risk and enhance returns. ESG Credentials may include environmental and social factors and good  corporate governance practices. The sub-fund will not invest in bonds issued by issuers with exposure to certain activities such as weapons, thermal coal extraction, coal fired power generation and tobacco.	The sub-fund is actively managed and does not track a benchmark.
HSBC Global Investment Funds - Global Government Bond	8	The sub-fund aims to provide long term total return by investing in a portfolio of government bonds, while promoting ESG characteristics within the meaning of Article 8 of SFDR. The sub-fund aims to do this with a higher ESG rating, calculated as a weighted average of the ESG ratings of the issuers of the sub-fund’s investments, than the weighted average of the ESG ratings of the constituents of the JP Morgan GBI Global Hedged USD.	The sub-fund includes the identification and analysis of an issuer’s ESG credentials as an integral part of the investment decision making process to reduce risk and enhance returns. ESG Credentials may include environmental and social factors and good corporate governance practices. The sub-fund will not invest in bonds issued by issuers with exposure to certain activities such as weapons, thermal coal extraction, coal fired power generation and tobacco	The sub-fund is actively managed and does not track a benchmark.
HSBC Global Investment Funds - Global High Income Bond	8	The sub-fund invests for high income primarily in a diversified portfolio of higher yielding fixed income bonds and other similar securities from around the world denominated in a range of currencies, while promoting ESG characteristics within the meaning of Article 8 of SFDR. The sub-fund aims to do this with a higher ESG rating, calculated as a weighted average of the ESG ratings of the issuers of the sub-fund’s investments, than the weighted average of the ESG ratings of the consituents of the Bloomberg Global Aggregate Corporate USD Hedged.	The sub-fund includes the identification and analysis of an issuer’s ESG credentials as an integral part of the investment decision making process to reduce risk and enhance returns. ESG Credentials may include environmental and social factors and good corporate governance practices. The sub-fund will not invest in bonds issued by issuers with exposure to certain activities such as weapons, thermal coal extraction, coal fired power generation and tobacco.	The sub-fund is actively managed and does not track a benchmark.
HSBC Global Investment Funds - Global Corporate Bond	8	The sub-fund aims to provide long term total return by investing in a portfolio of corporate bonds, while promoting ESG characteristics within the meaning of Article 8 of SFDR. The sub-fund aims to do this with a higher ESG rating, calculated as a weighted average of the ESG ratings given to the issuers of the sub-fund’s investments, than the weighted average of the constituents of the Bloomberg Global Aggregate Corporates AWS Hedged USD.	The sub-fund includes the identification and analysis of an issuer’s ESG credentials as an integral part of the investment decision making process to reduce risk and enhance returns. ESG Credentials may include environmental and social factors and good  corporate governance practices.	The sub-fund is actively managed and does not track a benchmark.
HSBC Global Investment Funds - Global Emerging Markets Equity	8	The sub-fund aims to provide long term total return by investing in a portfolio of Emerging Market equities, while promoting ESG characteristics within the meaning of Article 8 of SFDR.	The sub-fund includes the identification and analysis of a company’s ESG credentials as an integral part of the investment decision making process to reduce risk and enhance returns. ESG Credentials may include environmental and social factors and good corporate governance practices. From 3 January 2022, the sub-fund will not invest in equities issues by companies with exposure to certain activities such as weapons, thermal coal extraction, coal fired power generation and tobacco.	The sub-fund is actively managed and does not track a benchmark.
HSBC Global Investment Funds - Global Emerging Markets ESG Local Debt - from 31 December 2021 (previously Global Emerging Markets Local Currency Rates)	8	The sub-fund invests for long term total return in a portfolio of Emerging Market local currency bonds, foreign exchange forwards and other similar securities, while promoting ESG characteristics within the meaning of Article 8 of SFDR.	The sub-fund’s level of investment in each Emerging Market country will take into account each country’s ESG rating. ESG ratings are based on specific criteria such as, but not limited to electricity produced by renewable energy sources and carbon emissions as provided by the Sustainable Accounting Standards Board, whether the country is judged to be on track to meet its Paris Climate Agreement commitments based on data available on climateactiontracker.org and what level of fiscal transparency a country is considered to have by the Emerging Markets Investors Alliance fiscal transparency reports.	The sub-fund is actively managed and does not track a benchmark.
HSBC Global Investment Funds - Global Equity Circular Economy	9	The sub-fund aims to provide long term total return by investing in a concentrated portfolio of companies that actively contribute to the transition to a more circular global economy, based on the principles of designing out waste and pollution, keeping products and materials in use and regenerating natural systems. In addition, the sub-fund aims to achieve a higher environmental, social and governance (“ESG”) rating, calculated as a weighted average of the ESG ratings given to the issuers of the sub-fund’s investments, than the weighted average of the constituents of the MSCI AC World (the “Reference Benchmark”) after eliminating at least 20% of the lowest ESG rated issuers from the Reference Benchmark.	The sub-fund invests in normal market conditions a minimum of 90% of its net assets in equities and equity equivalent securities of companies with revenue exposure to circular economy themes (“Circular Economy Themes”) which are domiciled in, based in, carry out business activities in, or are listed on a Regulated Market in any country including both developed markets and Emerging Markets. The sub-fund may also invest in eligible closed-ended Real Estate Investment Trusts (“REITs”). To define the eligible investment universe, the Investment Adviser initially identifies companies with exposure to circular economy themes (“Circular Economy Themes”). Circular Economy Themes may include, but are not limited to, production and provision of sustainable resources, circular products, circular economy technologies and services, and recovery activities. Circular Economy Themes are proprietary to HSBC, determined with reference to United Nations Sustainable Development Goals, subject to ongoing research and may change over time as new themes are identified. Following identification of the eligible investment universe, the Investment Adviser performs an analysis of each company’s ESG practices and ratings. Each company is assigned E, S and G ratings and an overall ESG rating based on E, S and G weights which are specific to the company’s sector. For example, carbon emissions and avoided emissions are criteria considered for the E rating, the percentage of women on corporate boards for the S and the percentage of independent directors for the G. This ESG analysis is proprietary to HSBC using data supplied by non-financial rating agencies and internal research. More than 90% of the companies the sub-fund invests in will be subject to this ESG analysis. The sub-fund will not invest in equities and equity equivalent securities of companies considered non-compliant with the United Nations Global Compact Principles.	The sub-fund is actively managed and does not track a benchmark.
HSBC Global Investment Funds - Global Equity Climate Change	8	The sub-fund aims to provide long term total return by investing in companies that may benefit from the transition to a low carbon economy, while promoting ESG characteristics within the meaning of Article 8 of SFDR. The sub-fund aims to do this with a lower carbon intensity and a higher environmental, social and governance (“ESG”) rating, calculated respectively as a weighted average of the carbon intensities and ESG ratings given to the issuers of the sub-fund’s investments, than the weighted average of the constituents of the MSCI AC World Net index.	The sub-fund invests in normal market conditions a minimum of 70% of its net assets in equities and equity equivalent securities of companies with revenue exposure to climate transition themes (“Climate Transition Themes”) which are domiciled in, based in, carry out business activities in, or are listed on a Regulated Market in, any country including both developed markets and Emerging Markets. The sub-fund may also invest in eligible closed-ended Real Estate Investment Trusts (“REITs”). Climate Transition Themes may include, but are not limited to, renewable energy, energy efficiency, clean transportation and green buildings. Climate Transition Themes are proprietary to HSBC, determined with reference to the eligible activities of the Green Bond Principles of the International Capital Market Association and the Climate Bonds Taxonomy of the Climate Bonds Initiative, subject to ongoing research and may change over time as new themes are identified. The Investment Adviser may rely on its own research to identify suitable companies meeting a minimum revenue exposure threshold to Climate Transition Themes. The minimum revenue exposure threshold will depend on the specific Climate Transition Theme but will be at least 10% of the relevant company’s total revenue.	The sub-fund is actively managed and does not track a benchmark.
HSBC Global Investment Funds - Global Equity Sustainable Healthcare	8	The sub-fund aims to provide long term total return by investing in a concentrated portfolio of equities of companies that may benefit from increasingly constrained healthcare budgets world-wide, while promoting ESG characteristics within the meaning of Article 8 of SFDR. The sub-fund aims to do this by investing in companies with revenue exposure to innovative sustainable healthcare themes and products which have the potential to improve value for money of healthcare spending (“Sustainable Healthcare Themes and Products”). The sub-fund’s aims are aligned with goal three of the UN Sustainable Development Goals, which is a social goal focused on good health and well-being.	The sub-fund will invest a minimum of 80% of its net assets in equities and equity equivalent securities of companies with at least two thirds of their revenues derived from Sustainable Healthcare Themes and Products, which are domiciled in, based in, carry out business activities in, or are listed on a Regulated Market in, any country including both developed and Emerging Markets. Sustainable Healthcare Themes and Products may include, but are not limited to, drugs which help reduce the days a patient spends in an intensive care unit, diagnostic tests which enable early detection and treatment, disease prevention, operational improvements and deployment of technology. Fundamental analysis of the healthcare sector and sub-sectors is undertaken to identify companies that present an investment opportunity. Following this, proprietary analysis of each identified company is undertaken to assess exposure to Sustainable Healthcare Themes and Products. This generates a sustainable healthcare score based on a combination of clinical benefits and cost savings. These scores are used, together with consideration of ESG characteristics, to define the sub-fund’s eligible investment universe. When assessing companies’ sustainable healthcare score and ESG characteristics, the Investment Adviser may rely on expertise, research and information provided by well-established financial data providers (when available) and/or its own proprietary research.	The sub-fund is actively managed and does not track a benchmark.
HSBC Global Investment Funds - Global High Yield Securitised Credit Bond	8	The sub-fund aims to provide long term total return by investing in a portfolio of high yield securitised credit, while promoting ESG characteristics within the meaning of Article 8 of SFDR.	The sub-fund includes the identification and analysis of a company’s ESG credentials as an integral part of the investment decision making process to reduce risk and enhance returns. ESG Credentials may include environmental and social factors and good corporate governance practices.	The sub-fund is actively managed and does not track a benchmark.
HSBC Global Investment Funds - Global Inflation Linked Bond	8	The sub-fund aims to provide long term total return by investing in a portfolio of inflation linked bonds, while promoting ESG characteristics within the meaning of Article 8 of SFDR. The sub-fund aims to do this with a higher ESG rating, calculated as a weighted average of the ESG ratings of the issuers of the sub-fund’s investments, than the weighted average of the ESG ratings of the constituents of the ICE BofA Global Inflation-Linked Government Alternative Weighting Scheme Custom (USD hedged).	The sub-fund includes the identification and analysis of an issuer’s ESG credentials as an integral part of the investment decision making process to reduce risk and enhance returns. ESG Credentials may include environmental and social factors and good corporate governance practices. The sub-fund will not invest in bonds issued by issuers with exposure to certain activities such as weapons, thermal coal extraction, coal fired power generation and tobacco.	The sub-fund is actively managed and does not track a benchmark.
HSBC Global Investment Funds - Global Investment Grade Securitised Credit Bond	8	The sub-fund aims to provide long term total return by investing in a portfolio of Investment Grade securitised credit (“Securitised Credit”), while promoting ESG characteristics within the meaning of Article 8 of SFDR.	The sub-fund includes the identification and analysis of a company’s ESG credentials as an integral part of the investment decision making process to reduce risk and enhance returns. ESG Credentials may include environmental and social factors and good corporate governance practices.	The sub-fund is actively managed and does not track a benchmark.
HSBC Global Investment Funds - Global Lower Carbon Bond	8	The sub-fund aims to provide long term total return by investing in a portfolio of corporate bonds, while promoting ESG characteristics within the meaning of Article 8 of SFDR. The sub-fund aims to do this with a lower carbon intensity calculated as a weighted average of the carbon intensities of the sub-fund’s investments, than the weighted average of the constituents of the Bloomberg Barclays Global Aggregate Corporate Diversified Index Hedged USD (the “Reference Benchmark”).	The sub-fund invests (normally a minimum of 70% of its net assets) in Investment Grade and Non-Investment Grade rated fixed income and other similar securities issued by companies meeting certain lower carbon criteria (“Lower Carbon Criteria”). The sub-fund will invest in both developed markets and Emerging Markets. Investments will be denominated in developed market and Emerging Market currencies. Lower Carbon Criteria may include, but are not limited to: - excluding companies with a carbon intensity above the weighted average of the constituents of the Reference Benchmark; and - excluding companies with high carbon intensity relative to their sector; and - excluding companies with insufficient data to establish their carbon intensity; and - including “green bonds” meeting the Green Bond Principles of the International Capital Market Association. Such green bonds are not subject to the aforementioned exclusions.	The sub-fund is actively managed and does not track a benchmark.
HSBC Global Investment Funds - Global Lower Carbon Equity	8	The sub-fund aims to provide long-term total return by investing in a portfolio of equities, while promoting ESG characteristics within the meaning of Article 8 of SFDR. The sub-fund aims to do this with a lower carbon intensity, calculated as a weighted average of the carbon intensities of the sub-fund’s investments, than the weighted average of the constituents of the MSCI World Net Index (the “Reference Benchmark”).	In order to lower the exposure to carbon intensive businesses, all stocks in the portfolio are assessed for their carbon intensity. A proprietary systematic investment process is then used to create a portfolio which maximizes the exposure to the higher ranked stocks and which aims for a lower carbon intensity, calculated as a weighted average of the carbon intensities of the sub-fund’s investments, than the weighted average of the constituents of the Reference Benchmark.	The sub-fund is actively managed and does not track a benchmark.
HSBC Global Investment Funds - Global Securitised Credit Bond	8	The sub-fund aims to provide long term total return by investing in a portfolio focused on the intersection between Investment Grade and Non-Investment Grade rated Securitised Credit, while promoting ESG characteristics within the meaning of Article 8 of SFDR.	The sub-fund includes the identification and analysis of a company’s ESG credentials as an integral part of the investment decision making process to reduce risk and enhance returns. ESG Credentials may include environmental and social factors and good corporate governance practices.	The sub-fund is actively managed and does not track a benchmark.
HSBC Global Investment Funds - Global Short Duration Bond	8	The sub-fund aims to provide long term total return by investing in a portfolio of bonds with an average duration expected to be between 6 months and 3 years, while promoting ESG characteristics within the meaning of Article 8 of SFDR. The sub-fund aims to do this with a higher ESG rating, calculated as a weighted average of the ESG ratings of the issuers of the sub-fund’s investments, than the weighted average of the constituents of the Bloomberg Global Aggregate 1-3 Years Hedged USD.	The sub-fund includes the identification and analysis of an issuer’s ESG credentials as an integral part of the investment decision making process to reduce risk and enhance returns. ESG Credentials may include environmental and social factors and good corporate governance practices. The sub-fund will not invest in bonds issued by issuers with exposure to certain activities such as weapons, thermal coal extraction, coal fired power generation and tobacco	The sub-fund is actively managed and does not track a benchmark.
HSBC Global Investment Funds - Global Sustainable Long Term Dividend - from 3 January 2022 (previously Global Equity Dividend)	8	The sub-fund aims to provide income and long term capital growth by investing in companies that may benefit over the long term from the transition to a more sustainable global economy (“Sustainable Companies”), thereby promoting ESG characteristics within the meaning of Article 8 of SFDR.	After identifying the eligible investment universe, the Investment Adviser conducts proprietary research to assess certain sustainability criteria of a company. Sustainability criteria are subject to ongoing research and may change over time but may include sustainability of practices and culture, sustainability of business model, sustainability of products and alignment to UN Sustainable Development Goals. The Investment Adviser may refer to ESG scores provided by well-established financial data providers to corroborate its research findings. Those companies with a strong fundamental sustainability finding which is corroborated by ESG scores will be considered a Sustainable Company. Further, those companies with a strong fundamental sustainability finding which is not corroborated by ESG scores may also be considered a Sustainable Company if the Investment Adviser considers that ESG scores do not accurately reflect a company’s sustainability profile.	The sub-fund is actively managed and does not track a benchmark.
HSBC Global Investment Funds - Hong Kong Equity	8	The sub-fund aims to provide long term capital growth by investing in a portfolio of Hong Kong SAR equities, while promoting ESG characteristics within the meaning of Article 8 of SFDR. The sub-fund invests in normal market conditions a minimum of 90% of its net assets in equities and equity equivalent securities of companies which are domiciled in, based in, carry out the larger part of their business activities, or are listed on a Regulated Market, in Hong Kong SAR. The sub-fund may also invest in eligible closed-ended Real Estate Investment Trusts (“REITs”).	The sub-fund includes the identification and analysis of a company’s ESG credentials as an integral part of the investment decision making process to reduce risk and enhance returns.  ESG Credentials may include environmental and social factors and good corporate governance practices.  The sub-fund will not invest in equities issues by companies with exposure to certain activities such as weapons, thermal coal extraction, coal fired power generation and tobacco.	The sub-fund is actively managed and does not track a benchmark.
HSBC Global Investment Funds - Ultra Short Duration Bond	8	The sub-fund aims to provide short term total return by investing in bonds and money market instruments, while promoting ESG characteristics within the meaning of Article 8 of SFDR. The sub-fund aims to do this with a higher ESG rating, calculated as a weighted average of the ESG ratings of the issuers of the sub-fund’s investments, than the weighted average of the ESG ratings of the constituents of the Barclays 1-3 Year US.	The sub-fund includes the identification and analysis of a company’s ESG credentials as an integral part of the investment decision making process to reduce risk and enhance returns.  ESG Credentials may include environmental and social factors and good corporate governance practices. The sub-fund will not invest in bonds issued by issuers with exposure to certain activities such as weapons, thermal coal extraction, coal fired power generation and tobacco.	The sub-fund is actively managed and does not track a benchmark.
HSBC Global Investment Funds - US Dollar Bond	8	The sub-fund invests for total return primarily in a diversified portfolio of Investment Grade rated fixed income (e.g. bonds) and other similar securities from around the world, denominated in US dollars, while promoting ESG characteristics within the meaning of Article 8 of SFDR. The sub-fund aims to do this with a higher ESG rating, calculated as a weighted average of the ESG ratings of the issuers of the sub-fund’s investments, than the weighted average of the ESG ratings of the constituents of the Bloomberg US Aggregate.	The sub-fund includes the identification and analysis of a company’s ESG credentials as an integral part of the investment decision making process to reduce risk and enhance returns.  ESG Credentials may include environmental and social factors and good corporate governance practices.   The sub-fund will not invest in bonds issued by issuers with exposure to certain activities such as weapons, thermal coal extraction, coal fired power generation and tobacco.	The sub-fund is actively managed and does not track a benchmark.
HSBC US Dollar ESG Liquidity Fund	8	To provide investors with security of capital and daily liquidity together with an investment return which is comparable to normal US Dollar denominated money market interest rates while considering select environmental, social and governance criteria.	The Investment Manager shall promote among other characteristics, environmental and social characteristics and invest in issuers following good governance practices. The Investment Manager shall seek to identify issuers that are considered by the Investment Manager to be better at addressing ESG risks than other issuers in the investable universe, an approach often referred to as "best in class".	The sub-fund is actively managed and does not track a benchmark.

¹ Article 8 Product = A financial product promotes, among other characteristics, environmental or social characteristics, or a combination of those characteristics, provided that the companies in which the investments are made follow good governance practices
² Article 9 Product = A financial product which has sustainable investment as its objective and an index has been designated as a reference benchmark