HSBC MSCI USA UCITS ETF USD

The investment objective of the Fund is to replicate the performance of the MSCI USA Index (the “Index”), while minimizing as far as possible the tracking error between the Fund’s performance and that of the Index. The Index is a free float adjusted market-capitalization index designed to measure large and mid-cap US equity market performance. 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.