HSBC Global Funds ICAV - Euro Corporate Bond UCITS ETF

HSBC Global Funds ICAV - Euro Corporate Bond UCITS ETF is an exchange-traded fund focused on providing exposure to the European investment-grade corporate bond market. The fund’s primary objective is to closely replicate the price and yield performance of the Bloomberg Euro Aggregate Corporate Total Return Index (EUR) by employing a physical replication approach through optimized sampling. This enables the ETF to deliver diversified access to high-credit-quality euro-denominated corporate bonds issued across various sectors, including industrials, financial services, and utilities. The ETF is structured under European UCITS regulations, ensuring a framework of liquidity, transparency, and investor protection. Designed for both retail and institutional investors, it features an accumulating dividend policy, reinvesting income rather than making distributions. With a low total expense ratio of 0.06%, it targets cost-efficiency. The ETF is authorized in Ireland under the ICAV structure and began operations in May 2025. By tracking a broad, market-representative benchmark, the fund plays a significant role in facilitating access to the euro corporate bond market for portfolio diversification, income potential, and credit exposure within fixed income allocations.