Framework for a resilient future

• Equity Risk: Portfolios that invest in securities listed on a stock exchange or market could be affected by general changes in the stock market. The value of investments can go down as well as up due to equity markets movements.
• Interest Rate Risk: As interest rates rise debt securities will fall in value. The value of debt is inversely proportional to interest rate movements.
• Counterparty Risk: The possibility that the counterparty to a transaction may be unwilling or unable to meet its obligations.
• Derivatives Risk: Derivatives can behave unexpectedly. The pricing and volatility of many derivatives may diverge from strictly reflecting the pricing or volatility of their underlying reference(s), instrument or asset.
• Emerging Markets Risk: Emerging markets are less established, and often more volatile, than developed markets and involve higher risks, particularly market, liquidity and currency risks.
• Exchange Rate Risk: Changes in currency exchange rates could reduce or increase investment gains or investment losses, in some cases significantly.
• Investment Leverage Risk: Investment Leverage occurs when the economic exposure is greater than the amount invested, such as when derivatives are used. A Fund that employs leverage may experience greater gains and/or losses due to the amplification effect from a movement in the price of the reference source.
• Liquidity Risk: Liquidity Risk is the risk that a Fund may encounter difficulties meeting its obligations in respect of financial liabilities that are settled by delivering cash or other financial assets, thereby compromising existing or remaining investors.
• Operational Risk: Operational risks may subject the Fund to errors affecting transactions, valuation, accounting, and financial reporting, among other things.
• Style Risk: Different investment styles typically go in and out of favour depending on market conditions and investor sentiment.
• Model Risk: Model risk occurs when a financial model used in the portfolio management or valuation processes does not perform the tasks or capture the risks it was designed to. It is considered a subset of operational risk, as model risk mostly affects the portfolio that uses the model.
• Alternatives: Alternative investments include Private Equity, Commodities, Hedge Funds and Property. They may be difficult to sell in a timely manner or at a reasonable price. It may be difficult to obtain reliable information about their value.
• Sustainability Risk: Sustainability risk means an environmental, social or governance event or condition that, if it occurs, could cause an actual or a potential material negative impact on the value of the investment.

For Professional Clients only and should not be distributed to or relied upon by Retail Clients.

This material/presentation/document is exclusively intended for professional investors as defined in Article 4(3)(a-g) of the Swiss Financial Services Act (FinSA, FIDLEG).

It is not intended for: professional clients who are not institutional clients under Article 4(4) FinSA and who wish to opt-in for treatment as retail clients under Article 5(5) FinSA. High-net-worth (HNW) retail clients and private investment structures created for them, who may declare themselves as professional investors (opting out).

There are further possibilities for opting-in and opting-out under FinSA. For details, please refer to our website:

https://www.assetmanagement.hsbc.ch

If you wish to change your client categorization, please inform us.

Regulatory and Documentation Notice

For HSBC GIF sub-funds that are authorized for offering in Switzerland, please refer to the list of collective investment schemes authorized for offering in Switzerland under Article 120 of the Federal Act on Collective Investment Schemes (CISA, KAG), as published by FINMA under Approved Institutes, People, and Products.

Potential investors are kindly requested to consult the latest: Key Information Document (KID), Prospectus, Articles of Incorporation, (Semi-)Annual Report of the Fund These documents can be obtained free of charge at the head office of the representative:

HSBC Global Asset Management (Switzerland) AG, Gartenstrasse 26, P.O. Box, CH-8002 Zurich. Paying Agent: HSBC Private Bank (Suisse) S.A., Quai des Bergues 9-17, P. O. Box 2888, CH-1211 Geneva

Risk Factors and Investment Warnings: Investors and potential investors must read and acknowledge the risk warnings in the Prospectus and KID. Before subscribing, investors should refer to: the Prospectus for general risk factors and the KID for specific risk factors associated with the fund. Past performance is not indicative of future results

The fund presented in this document is a sub-fund of HSBC Global Investment Funds, an investment company constituted as a société à capital variable domiciled in Luxembourg. The shares in HSBC Global Investment Funds have not been and will not be registered under the US Securities Act of 1933 and will not be sold or offered in the United States of America, its territories or possessions and all areas subject to its jurisdiction, or to United States Persons.

Past performance is no indication to future results of a fund. The performance data do not take account of the commissions and costs incurred on the issue and redemption of units.

Important information for professional investors in Liechtenstein

This information is intended exclusively for professional clients within the meaning of Annex II of Directive 2014/65/EU (MiFID II). It does not constitute an offer to the public or a solicitation to sell or market investment products into Liechtenstein. This information is provided for informational purposes only and is not intended for distribution to retail investors.