Important message affecting HSBC MSCI Korea UCITS ETF

The HSBC MSCI Korea UCITS ETF fund (“the Fund”) seeks to replicate the performance of the MSCI Korea Index (the “Index”). As outlined in the prospectus, the Fund must adhere to the UCITS diversification requirements when replicating the performance of the Index. In the event that the weight of a stock within the Index goes above the level permitted by the UCITS rules the Fund may not be able to fully replicate the weights of the holdings within the Index. As a result, during these periods the performance of the Fund may deviate more than historically from the Index.

Investors should note that one stock has a weighting within the Index which is close to the maximum level permitted under UCITS. Should the stock exceed the maximum level permitted it may not be possible for the Fund to directly replicate the Index.