Asset Allocation (%) Actual Target Strategic Overweight/Underweight between Target & Strategic Asset Allocation Asia ex Japan Equity

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1 HSBC Global Investment Funds - Managed Solutions - Asia Focused Growth Share Class ACHKD 31 Jul 2018 ACHKD 31 Jul 2018 Risk Disclosure The Fund invests mainly in Asia Pacific (excluding Japan) equities and bonds, and may invest in other funds to achieve its investment objectives. The Fund is subject to the risk of investing in emerging markets. Non-investment grade bonds and unrated bonds are subject to additional risks and volatility. The Fund may invest in onshore Chinese securities through various market access schemes and China A-shares Access Products. Such investments involve additional risks, including the risks associated with China s tax rules and practices. The Fund may invest in other funds and need to bear the underlying funds fees and expenses on top of the Fund s own fees and expenses. Because the Fund s base currency, investments and classes may be denominated in different currencies, investors may be affected adversely by exchange controls and exchange rate fluctuations. There is no guarantee that the currency hedging strategy applied to the relevant classes will achieve its desired result. The Fund may pay dividends out of capital or gross of expenses. Dividend is not guaranteed and may result in capital erosion and reduction in net asset value. The Fund may invest in financial derivative instruments for investment purpose which may lead to higher volatility to its net asset value. The Fund s investments may involve substantial credit, currency, volatility, liquidity, interest rate, tax and political risks. Investors may suffer substantial loss of their investments in the Fund. Unit trusts are NOT equivalent to time deposits. Investors should not invest in the Fund solely based on the information provided in this document and should read the offering document of the Fund for details. H Fund Objective and Strategy Investment Objective The Fund invests for long-term total return (meaning capital growth and income). To do so, it invests in a diversified portfolio of assets including shares, bonds, money-market and cash instruments. The Fund will normally invest at least 70% of the fund s assets in Asia, excluding Japan. The Fund can also invest in non-asian based assets such as global emerging market bonds, US Treasuries and certain types of Real Estate Investment Trusts. Investment Strategy The Fund s asset allocation may change over time, depending on the Investment Adviser's view on market opportunities. The Fund will normally be exposed to currencies of Asia-Pacific (excluding Japan) countries, as well as other emerging and developed-market currencies. There aren t any restrictions on the market values of the companies in which the Fund invests. Up to 15% of the Fund s net assets may be invested in onshore Chinese bonds with up to 10% rated below Investment Grade. The Fund's maximum exposure to China A-shares and China B-shares is 50% of its assets. The Fund may invest up to 10% of its net assets in contingent convertible securities. The Fund may invest up to 50% of its assets into other funds. Investment into Real Estate Investment Trusts is limited to 10%. See the Prospectus for a full description of the investment objectives and derivative usage. Performance Share Class Details YTD 1M 3M 1Y 3Y¹ 5Y¹ Vol 2 S.R. 3 (%) UCITS V Compliant Yes ACHKD Distribution Type Dealing Frequency Accumulating Daily Calendar Year Min. Initial Investment HKD 10, Performance (%)⁴ Max. Initial Charge 3.01% ACHKD Management Fee Base Currency 1.50% HKD Past performance is not an indicator of future returns. The figures are calculated in the share class base currency, NAV to NAV basis with dividend reinvested, net of fees. If investment performance is not denominated in HKD or USD, HKD or USD Domicile ISIN Inception Date Luxembourg LU Mar 2013 based investors are exposed to exchange rate fluctuations. NAV per Share HKD Source: HSBC Global Asset Management, data as at 31 July 2018 USD 105,809,530 1 Result is cumulative when calculation period is over one year. 2 Volatility since inception, a measure of how much a fund's price goes up or down as a percentage of its average performance. 3 Sharpe ratio since inception, a measure for calculating risk-adjusted return, and this ratio has become the industry standard for such calculations. 4 The calendar year return of the first year is calculated between share class inception date and calendar year end of first year if the share class has less than 5-year history. Fund change that may have material impact on performance: 20 Jun 2016 investment objective changed. To download the offering documents from nts/english/amhk_hgif.pdf Fund Size Bloomberg Ticker Manager HAFGACH LX Denis Gould

2 Asset Allocation (%) Actual Target Strategic Overweight/Underweight between Target & Strategic Asset Allocation Asia ex Japan Equity Japanese Equity Global Equities Global Emerging Market Debt Local Currency Asian High Yield Bond Global High Yield Bond Indian Fixed Income Liquidity The strategic allocation is the portfolio's reference or neutral allocation set by HSBC Global Asset Management. The management team also adjusts target exposure higher (overweight) or lower (underweight) to an asset type - relative to the strategic asset allocation - depending on the team's current market outlook. Positive values (overweights) in the chart reflect asset types the portfolio management team have a positive outlook on. Negative values (underweights) reflect asset types the portfolio management team have a negative outlook on. The actual exposure is a screen shot of the portfolio at the end of the month based on market value in each asset type. Top 10 Holdings (%) HSBC GIF Global Emerging Markets Local Debt HSBC FTSE All-World Index HSBC GIF Global Short Duration High Yield Bond Tencent Holdings Ltd L'OCCITANE International SA Taiwan Semiconductor Glenmark Pharmaceuticals Ltd Vedanta Ltd VIPSHOP HOLDINGS LTD - ADR China Shenhua Energy Co Ltd Source: HSBC Global Asset Management, data as at 31 July

3 Important Information This document is prepared for general information purposes only and does not have any regard to the specific investment objectives, financial situation and the particular needs of any specific person who may receive it. Any views and opinions expressed are subject to change without notice. This document does not constitute an offering document and should not be construed as a recommendation, an offer to sell or the solicitation of an offer to purchase or subscribe to any investment. Any forecast, projection or target where provided is indicative only and is not guaranteed in any way. HSBC Global Asset Management (Hong Kong) Limited ( AMHK ) accepts no liability for any failure to meet such forecast, projection or target. AMHK has based this document on information obtained from sources it reasonably believes to be reliable. However, AMHK does not warrant, guarantee or represent, expressly or by implication, the accuracy, validity or completeness of such information. Investment involves risk. Past performance is not indicative of future performance. Please refer to the offering document for further details including the risk factors. This document has not been reviewed by the Securities and Futures Commission. Copyright HSBC Global Asset Management (Hong Kong) Limited All rights reserved. This document is issued by HSBC Global Asset Management (Hong Kong) Limited.

4 HSBC Global Investment Funds - Managed Solutions - Asia Focused Growth Supplement Information Sheet 31 Jul 2018 Share Class Base Currency Distribution Frequency Dividend ex-date Dividend Amount Annualised Yield (Distribution is not guaranteed and may be paid out of capital) ACHKD HKD AC USD ACOAUD AUD ACOEUR EUR The above table cites the last dividend paid within the last 12 months only. Dividend is not guaranteed and may be paid out of capital, which will result in capital erosion and reduction in net asset value. A positive distribution yield does not imply a positive return. Past payout yields and payments do not represent future payout yields and payments. Historical payments may be comprised of both distributed income and capital. The calculation method of annualised yield: (dividend value / NAV per share or unit as of ex-dividend date) x n, n depends on the distributing frequency. Annually distribution is 1; semi-annually distribution is 2; quarterly distribution is 4; monthly distribution is 12. The annualised dividend yield is calculated based on the dividend distribution on the relevant date with dividend reinvested, and may be higher or lower than the actual annual dividend yield.

5 滙豐環球投資基金 - 全智選 - 亞洲焦點增長 H 股份類別 ACHKD 2018 年 7 月 31 日 ACHKD 31/07/2018 風險披露 本基金主要投資於亞太區 ( 日本除外 ) 的股票及債券, 並可投資於其他基金以達至投資目標 本基金涉及與投資於新興市場有關的風險 非投資級別債券及未獲評級債券涉及額外風險及波動性 本基金可透過各項市場准入計劃及中國 A 股連接產品投資於中國在岸證券 該等投資涉及額外風險, 包括與中國稅務規則和慣例有關的風險 本基金或會投資於其他基金, 須承擔本基金及所投資的基金的費用及開支 由於本基金的基本貨幣 投資及份額類別可按不同的貨幣計值, 故此, 外匯管制及匯率波動可能對投資者構成不利影響 並不保證有關份額類別的貨幣對沖策略可達致其預期效果 本基金可從資本中或未扣除開支前撥付股息 派息不獲保證及會導致資本蠶食及資產淨值減少 本基金可投資於金融衍生工具作投資用途, 可能使本基金的資產淨值較波動 本基金之投資可能涉及重大的信貸 貨幣 波動性 流動性 利率 稅務及政治風險 投資者投資於本基金可能蒙受重大損失 基金產品並不等同於定期存款 投資者不應僅就此文件提供之資料作出投資決定, 而應細閱本基金之銷售文件 基金投資目標及策略投資目標本基金旨在提供長期總回報 ( 指資本增長及收益 ) 為此, 其投資於由股票 債券 貨幣市場及現金工具等資產組成的多元化組合 本基金一般至少將其資產的 70% 投資於亞洲 ( 日本除外 ) 本基金亦可投資非亞洲資產, 例如環球新興市場債券 美國國庫券及若干類房地產投資信託基金 投資策略根據投資顧問對市場機會的觀點, 本基金資產配置可能隨時間改變 本基金一般將涉足亞太 ( 日本除外 ) 國家貨幣, 以及其他新興及成熟市場貨幣 本基金所投資的公司並無任何市值限制 本基金最多可將 15% 的淨資產投資於中國在岸債券, 其中最多 10% 投資於評級低於投資級別的債券 本基金投資中國 A 股及中國 B 股的上限是其資產的 50% 本基金最多可將其淨資產的 10% 投資於或有可轉換證券 本基金最多可將其資產的 50% 投資於其他基金 對房地產投資信託基金的投資上限為 10% 請參閱基金說明書, 了解關於投資目標及衍生工具使用的完整說明 基金表現 (%) 年初夏普 2 股份類別詳情 1 個月 3 個月 1 年 3 年 ¹ 5 年 ¹ 波幅 3 至今比率 UCITS V 合規是 ACHKD 派息類型交易頻率 累積每日 年度回報表現 (%)⁴ 最低初始認購額港元 10,000 首次認購費最高達 3.01% ACHKD 管理費基本貨幣 1.50% 港元 過去的業績並不代表將來的表現 表現以股份類別基本貨幣計算, 資產淨值對資產淨值, 註冊地 盧森堡 將股息再作投資, 並已扣除費用 如投資業績非以港元或美元計算, 以港元或美元作投資 ISIN 代號 的投資者須承受匯率波動的風險 股份類別成立日期資料來源 : 滙豐環球投資管理, 數據截至 2018 年 7 月 31 日每股資產淨值 1 當計算期超過一年, 業績為累積表現 2 成立至今數據, 作爲衡量基金的價格變動 ( 上升或下跌 ) 相對基金平均表現的百分比 3 成立至今數據, 作爲計算風險調整後回報的衡量指標, 並為業内的計算標準 4 如股份類別成立少於五年, 其首年年度表現為成立日至年底 基金規模彭博代號 基金經理 LU 年 3 月 15 日港元 美元 105,809,530 HAFGACH LX Denis Gould 對本基金表現可能有重大影響的變動 :2016 年 6 月 20 日 - 更改投資目標 從此處下載銷售文件 ts/english/amhk_hgif.pdf

6 資產配置 (%) 實際配置目標配置 戰略性配置 目標配置與策略性資產配置的比重差異 ( 偏高 / 偏低 ) 亞洲股票 ( 日本除外 ) 日本股票 環球股票 環球新興市場債券 - 當地貨幣 亞洲高收益債券 環球高收益債券 印度固定收益 現金 相對戰略性配置, 投資管理團隊可調高 ( 偏高比重 ) 或調低 ( 偏低比重 ) 某資產類別的目標配置 圖表中正數值 ( 偏高比重 ) 反映投資組合管 理團隊對該資產類別持正面展望 ; 負數值 ( 偏低比重 ) 則反映其對該資產類別持負面展望 實際配置是反映組合於月底的各資產類別的市值 十大持倉 (%) HSBC GIF Global Emerging Markets Local Debt HSBC FTSE All-World Index HSBC GIF Global Short Duration High Yield Bond Tencent Holdings Ltd L'OCCITANE International SA Taiwan Semiconductor Glenmark Pharmaceuticals Ltd Vedanta Ltd VIPSHOP HOLDINGS LTD - ADR China Shenhua Energy Co Ltd 資料來源 : 滙豐環球投資管理, 數據截至 2018 年 7 月 31 日

7 重要資訊本文件只提供一般性資料, 並不針對任何可能收到本文件的人士的具體投資目標 財務狀況和特別需求 在此表達之意見可因應情況修改而不作另行通知 本文件並非銷售文件, 且不構成建議 要約出售或招攬購買或認購任何投資 本文件所載任何預測 預計或目標僅供説明用途, 且並非任何形式的保證 滙豐環球投資管理 ( 香港 ) 有限公司 ( 滙豐環球投資管理 ) 就預測 預計或目標未能達成概不承擔任何責任 本文件內的資料乃取自滙豐環球投資管理合理地相信可靠的來源 然而, 無論明示或暗示, 滙豐環球投資管理不保證 擔保或代表本文件內該等資料的準確性 有效性或完整性 投資附帶風險, 過去的業績並不代表將來的表現 請參閱銷售文件以便獲取其它資料, 包括風險因素 此文件並未經證券及期貨事務監察委員會批閱 版權 HSBC Global Asset Management (Hong Kong) Limited ( 滙豐環球投資管理 ( 香港 ) 有限公司 )2018 版權所有 本文件由 HSBC Global Asset Management (Hong Kong) Limited ( 滙豐環球投資管理 ( 香港 ) 有限公司 ) 刊發

8 滙豐環球投資基金 - 全智選 - 亞洲焦點增長 補充資料 2018 年 7 月 31 日 股份類別基本貨幣派息頻率除息日每股股息 年化股息率 ( 派息不獲保證及可從股本中分派 ) ACHKD 港元 AC 美元 ACOAUD 澳元 ACOEUR 歐元 以上表格只提供過去 12 個月內最近的股息資料 派息不獲保證及可從股本中分派, 導致資產淨值減少 正股息派發不代表正回報 過去的支付 收益率和付款不代表未來的支付收益率和付款歷史付款可以包括分配的收入和資本 年化股息率的計算方法 :( 股息 除息日的基金每股淨值價格 )x n n 視乎派息頻率 每年派息為 1; 每半年派息為 2; 每季派息為 4; 每月派息為 12 年化股息率乃基於在有關日期的股息並將股息再作投資計算, 可能高於或低過實際全年派息率

9 PRODUCT KEY FACTS 產品資料概要 HSBC Global Investment Funds Managed Solutions Asia Focused Growth 滙豐環球投資基金 全智選 亞洲焦點增長 May 年 5 月 This statement provides you with key information about the HSBC Global Investment Funds Managed Solutions Asia Focused Growth 本概要提供有關滙豐環球投資基金 全智選 亞洲焦點增長的重要資料 This statement is part of the offering document 本概要是銷售文件的一部分 You should not invest in this product based on this statement alone 投資者切勿單憑本概要作投資決定 Quick facts 基本資料 Fund manager 基金經理 HSBC Investment Funds (Luxembourg) S.A. Investment adviser 投資顧問 HSBC Global Asset Management (Hong Kong) Limited (Internal delegation, HK) / 滙豐環球投資管理 ( 香港 ) 有限公司 ( 內部委託, 香港 ) Custodian 保管人 HSBC Bank Plc, Luxembourg Branch Ongoing charges over a year Class AC / AC 類 1.89%^ 全年經常性開支比率 Class ACOAUD / ACOAUD 類 1.97%^ Class ACOEUR / ACOEUR 類 1.93%^ Class ACHKD / ACHKD 類 1.89%^ Dealing frequency 進行交易 Daily on every dealing day / 每一個交易日 Base currency 基本貨幣 USD / 美元 Dividend policy 股息政策 Class AC / ACHKD / ACOAUD / ACOEUR No dividends will be declared or paid; AC / ACHKD / ACOAUD / ACOEUR 類 將不宣佈或派發股息; Financial year end 財政年度終結日 31 March / 3 月 31 日 Minimum investment (initial and subsequent) Class A - US$1,000 or HK$10,000 or AUD1,500 or EUR850 最低認購額 ( 首次及其後 ) A 類 - 1,000 美元或 10,000 港元或 1,500 澳元或 850 歐元 ^ This figure is an annualized figure based on the expenses for the interim period ended 30 September This figure may vary from year to year. 此數字乃根據截至 2017 年 9 月 30 日止中期開支計算的年率化數字 此數字每年均可能有所變動 What is this product? 本基金是甚麼產品? This is a sub-fund (the Fund ) of an umbrella fund, HSBC Global Investment Funds, constituted in the form of a mutual fund. It is domiciled in Luxembourg and its home regulator is Commission de Surveillance du Secteur Financier. 本附屬基金 ( 基金 ) 所屬的傘子基金 滙豐環球投資基金乃以互惠基金形式組成 本基金在盧森堡註冊成立, 在當地由 Commission de Surveillance du Secteur Financier 監管 Objectives and Investment Strategy 目標及投資策略 Investment Objectives and Strategy 投資目標及策略 The Fund invests for long term total return through an active asset allocation in a diversified portfolio of equity and fixed income securities as well as money market and cash instruments. 本基金乃透過對由股票及固定收益證券以及貨幣市場及現金工具組成的多元化投資組合進行積極式資產配置, 旨在取得長期總回報 The Fund will normally invest a minimum of 70 % of its net assets in Asian (including Asia-Pacific and excluding Japan) based assets in both equity and fixed income markets including, but not limited to Asia -Pacific (excluding Japan) equities, sovereign bonds, and corporate bonds. The Fund may also invest in other non-asian based assets such as global developed and Emerging Market equities, US Treasuries and eligible closed-ended Real Estate Investment Trusts ( REITs ). Exposure to these assets may be achieved through direct investments and/or investments in units or shares of UCITS and/or other Eligible UCIs. 本基金通常將其淨資產的至少 70% 投資於亞洲 ( 包括亞太區, 但日本除外 ) 的股票及固定收益市場的資產, 包括但不限於亞太 ( 日本除外 ) 股票 主權債券及公司債券 本基金亦可投資於其他非亞洲資產, 例如環球已發展及新興市場股票 美國國庫券及合資格封閉式房地產投資信託基金 ( REITs ) 對該等資產的投資可透過直接投資及 / 或投資於 UCITS 及 / 或其他合資格 UCIs 的單位或股份而達致

10 The Fund will invest in equity and equity equivalent securities. Such securities will predominantly be listed securities that are selected based on their market capitalisation, sector, country and stock valuation. There are no capitalisation restrictions, and the Fund will normally invest across a range of market capitalisations. 本基金將投資於股票及等同股票的證券 該等證券將主要是根據其市值 行業 國家及股票估值挑選的上市證券 本基金的投資沒有市值限制, 而本基金將通常投資於不同市值的公司 Investments in Chinese equities include, but are not limited to, China A-shares and China B-shares (and such other securities as may be available) listed on stock exchanges in the People's Republic of China ( PRC ). The Fund may directly invest in China A-shares through the Shanghai-Hong Kong Stock Connect and/or the Shenzhen-Hong Kong Stock Connect, subject to applicable quota limitations. Furthermore, the Fund may gain exposure to China A-shares indirectly through China A-shares Access Products ( CAAP ) such as, but not limited to, participation notes linked to China A-shares. 於中國股票的投資包括但不限於在中華人民共和國 ( 中國 ) 的證券交易所上市的中國 A 股及中國 B 股 ( 及可能供認購的其他證券 ) 本基金可透過滬港股票市場交易互聯互通機制及 / 或深港股票市場交易互聯互通機制直接投資於中國 A 股, 惟須受適用額度限制所規限 此外, 本基金可透過中國 A 股連接產品 ( 中國 A 股連接產品, 例如但不限於與中國 A 股掛鈎的參與票據 ) 間接投資於中國 A 股 The Fund may invest up to 50% of its net assets in China A-shares through the Shanghai-Hong Kong Stock Connect and/or the Shenzhen-Hong Kong Stock Connect and up to 30% of its net assets in CAAPs. The Fund's maximum exposure to China A-shares (through the Shanghai-Hong Kong Stock Connect, the Shenzhen-Hong Kong Stock Connect or CAAP) and China B-shares is 50% of its net assets. The Fund will not invest more than 10% of its net assets in CAAPs issued by any single issuer of CAAPs. 本基金可將其最多 50% 的淨資產透過滬港股票市場交易互聯互通機制及 / 或深港股票市場交易互聯互通機制投資於中國 A 股, 及將其最多 30% 的淨資產投資於中國 A 股連接產品 本基金對中國 A 股 ( 透過滬港股票市場交易互聯互通機制 深港股票市場交易互聯互通機制或中國 A 股連接產品 ) 及中國 B 股的最大投資參與為其淨資產的 50% 本基金不會將其超過 10% 的淨資產投資於由中國 A 股連接產品任何單一發行人發行的中國 A 股連接產品 The Fund will also invest in Investment Grade, Non-Investment Grade rated and unrated fixed income securities issued or guaranteed by governments, government agencies or supranational bodies worldwide or companies in both developed and Emerging Markets. The Fund will not invest more than 10% of its net assets in securities issued by or guaranteed by any single sovereign issuer with a credit rating below Investment Grade. 本基金亦將投資於由全球政府 政府機構或超國家組織或於已發展及新興市場的公司所發行或擔保的投資級別 非投資級別及未經評級的固定收益證券 本基金將不會將其多於 10% 的淨資產投資於任何信貸評級低於投資級別的單一主權發行人所發行或擔保的證券 Investment in onshore Chinese fixed income securities include, but are not limited to, onshore fixed income securities denominated in RMB, issued within the People s Republic of China ("PRC") and traded on the China Interbank Bond Market ("CIBM"). The Fund may invest in the CIBM either through Bond Connect and/or the CIBM Initiative. The Fund may invest up to 15% of its net assets in onshore Chinese bonds issued by, amongst other, municipal and local governments, companies and policy banks. However, the Fund will not invest more than 10% of its net assets in onshore fixed income securities which are rated below Investment Grade, BB+ or below (as assigned by a PRC local credit rating agency) or unrated. 投資中國在岸固定收益證券包括但不限於以人民幣計價 在中華人民共和國 ( 中國 ) 境內發行及在中國銀行間債券市場 ( 中國銀行間債券市場 ) 買賣的在岸固定收益證券 本基金可透過債券通及 / 或中國銀行間債券市場計劃投資於中國銀行間債券市場 本基金可將其最多 15% 的淨資產投資於由 ( 其中包括 ) 市級及當地政府 公司及政策銀行發行的中國在岸債券 然而, 本基金不會將其多於 10% 的淨資產投資於評級為低於投資級別 BB+ 級或以下 ( 獲中國本地信貸評級機構評定 ) 或無評級的在岸固定收益證券 The Fund will not invest more than 10% of its net assets in REITs. 本基金不會將其淨資產多於 10% 投資於 REITs The Fund may invest up to 10% of its net assets in convertible bonds (excluding contingent convertible securities). 本基金可將其最多 10% 的淨資產投資於可轉換債券 ( 不包括或有可轉換證券 ) The Fund may invest up to 10% of its net assets in contingent convertible securities, however this is not expected to exceed 5%. 本基金可將其最多 10% 的淨資產投資於或有可轉換證券, 惟預期不會超過 5% The Fund may invest up to 50% of its net assets in units or shares of UCITS and/or other Eligible UCIs (including other Funds of HSBC Global Investment Funds). 本基金可將其最多 50% 的淨資產投資於 UCITS 及 / 或其他合資格 UCIs( 包括滙豐環球投資基金的其他基金 ) 的單位或股份 The asset allocation may change over time depending on the Investment Adviser's view on market opportunities. 資產配置可隨著時間而改變, 視乎投資顧問對市場機遇的看法 The Fund will normally be exposed to currencies of Asia-Pacific (excluding Japan) countries as well as other emerging and developed market currencies. 本基金通常將投資於亞太 ( 日本除外 ) 國家貨幣及其他新興及已發展市場的貨幣 The Fund may use financial derivative instruments for hedging and cash flow management (for example, Equitisation). However, the Fund will not use financial derivative instruments extensively for investment purposes. The financial derivative instruments the Fund is permitted to use include, but are not limited to, futures and foreign exchange forwards (including non-deliverable forwards). Financial derivative instruments may also be embedded in other instruments in which the Fund may invest (for example, units or shares of UCITS and/or other Eligible UCIs). 2

11 本基金可使用金融衍生工具作對沖及現金流管理 ( 例如股權化 ) 用途 然而, 本基金不會廣泛使用金融衍生工具作投資用途 本基金獲准使用的金融衍生工具包括但不限於期貨及外匯遠期 ( 包括非可交付遠期 ) 金融衍生工具亦可嵌入於本基金可投資的其他工具 ( 例如 UCITS 及 / 或其他合資格 UCIs 的單位或股份 ) For the specific group of asset classes described in the table below, the Fund will have a total maximum exposure limit as follows: 本基金對下表所述的特定資產類別的最高總投資限額將如下 : Asset classes* 資產類別 * Equity 股票 100% Fixed Income, including bonds, money market instruments, other fixed income instruments and cash** 固定收益, 包括債券 貨幣市場工具 其他固定收益工具及現金 ** Maximum exposure 最高投資 50% Others, including real estate (REITs) 其他, 包括房地產 (REITs) 30% * Exposure to these asset classes may be achieved through direct investments and / or investment in units or shares of UCITS and / or other Eligible UCIs. 對此等資產類別的投資可透過直接投資及 / 或投資於 UCITS 及 / 或其他合資格 UCIs 的單位或股份而達致 ** The aggregate exposure to money market instruments and cash will be less than 30% of the Fund s net assets. 對貨幣市場工具及現金的總投資將少於本基金淨資產的 30% The Investment Adviser will seek to maximise the portfolio s risk-adjusted expected return in investing in a diversified portfolio of bonds, equity and currency. Exposure to each asset class will be determined taking into account valuation, risk and liquidity. In principle, the Investment Adviser will mainly focus on overweighting asset classes with the most attractive growth prospects and underweighting those that appear as overvalued. Asset allocation to various asset classes will be managed with a view to grow capital throughout a market cycle. The Fund will remain diversified among different asset classes to maintain a balance between risk and return. Within each asset class, the Investment Adviser seeks to add further value through security selection. 投資顧問將尋求把投資於由債券 股票及貨幣組成的多元化投資組合的預期經風險調整回報最大化 對每項資產類別的投資, 將考慮估值 風險及流動性釐定 原則上, 投資顧問將主要集中增持具有最吸引增長前景的資產類別及減持似乎估值過高的資產類別 對各種資產類別的資產分配將予管理, 從而在市場週期中取得資本增值 本基金將繼續多元化投資於不同資產類別, 以維持風險與回報之間的平衡 在每類資產類別中, 投資顧問透過挑選證券以進一步增值 3

12 What are the Key Risks? 本基金有哪些主要風險? Investments involve risks. Please refer to the offering document for details including risk factors. 投資附帶風險 請參閱銷售文件以便獲取其他資料, 包括風險因素 Investment risk 投資風險 The Fund is an investment fund. There is no guarantee of the repayment of principal. 本基金為投資基金, 並不保證償付投資本金 The Fund s investment portfolio may fall in value due to any of the key risk factors below and therefore your investment in the Fund may suffer losses. 本基金的投資組合價值可能因下列任何主要風險因素而下跌, 而閣下在本基金的投資亦可能蒙受虧損 Asset allocation strategy risk 資產配置策略風險 The performance of the Fund is dependent on the success of the asset allocation strategy employed by the Fund. There is no assurance that the strategy employed by the Fund will be successful and therefore, there is no assurance that the investment objectives will be achieved. 本基金的表現取決於本基金所運用的資產配置策略之成功 並不保證本基金所運用的策略將會成功, 因此, 並不保證投資目標將會達致 The investments of the Fund may be periodically rebalanced and therefore the Fund may incur greater transaction costs than a fund with static a buy-and-hold allocation strategy. 本基金的投資可能定期調整, 因此本基金產生的交易成本可能高於採用靜態買入及持有策略的基金 Concentration risk 集中性風險 The Fund s investments are concentrated in Asia (including Asia -Pacific and excluding Japan). The value of the Fund may be more volatile than that of a fund having a more diverse portfolio of investments. 本基金集中投資於亞洲 ( 包括亞太區, 但日本除外 ) 本基金的價值可能比具有更廣泛投資組合的基金更反覆波動 The value of the Fund may be more susceptible to adverse economic, political, policy, foreign exchange, liquidity, tax, legal or regulatory event affecting the Asia (including Asia-Pacific and excluding Japan) market. 本基金的價值可能較容易受到影響亞洲 ( 包括亞太區, 但日本除外 ) 市場的不利經濟 政治 政策 外匯 流動性 稅務 法律或監管事件的影響 Equity risk 股票風險 The Fund s investment in equity securities is subject to general market risks, whose value may fluctuate due to various factors, such as changes in investment sentiment, political and economic conditions and issuer-specific factors. 本基金投資於股票證券, 須承受一般市場風險, 其價值可能因受到不同因素 ( 例如投資氣氛 政治及經濟狀況之改變及發行人相關風險因素 ) 的影響而波動 Interest rate risk 利率風險 The Fund s investments in fixed income securities may fall in value if interest rates change. Generally, the prices of fixed income securities decrease when interest rates rise, whilst their prices increase when interest rates fall. 本基金投資於固定收益證券, 一旦利率變動, 其價值可能會隨之下跌 一般而言, 利率上升時, 固定收益證券的價格會下跌, 而利率下跌時, 其價格則會上升 Credit risk 信貸風險 The Fund s exposure to fixed income securities is subject to the credit risk of the issuers of the securities. When the issuer of a fixed income security defaults, the Fund may suffer a loss amounting to the value of such investment. 本基金的固定收益證券投資須承受證券發行人的信貸風險 當固定收益證券的發行人違約, 本基金可能須承受相等於該投資價值的損失 Non-investment grade debt/ unrated debt risk 非投資級別債務 / 未評級債務風險 Non-investment grade and unrated fixed income securities are subject to lower liquidity, higher volatility, higher credit risk and greater risk of loss of principal and interest than investment grade fixed income securities. 相對投資級別的固定收益證券, 非投資級別及未評級的固定收益證券須承受較低流動性 較高波動性 較高的信貸風險以及較大的本金和利息損失風險 Downgrading Risk 評級下降風險 The credit rating of a fixed income security or its issuer may subsequently be downgraded. In the event of such downgrading the Fund s investment value in such security may be adversely affected. The Management Company or the Investment Adviser may or may not be able to dispose of the securities that are being downgraded. 固定收益證券或其發行人的信貸評級可能其後被下調 如果出現信貸評級下降, 可能會對本基金於該證券的投資價值有負面影響 管理公司或投資顧問不一定能夠出售被下調評級的證券 Liquidity risk 流動性風險 The Fund is exposed to the risk that a particular investment or position cannot be easily unwound or offset due to insufficient market depth or market disruption. Investment of the Fund s assets in relatively illiquid investments may restrict the ability of the Fund to dispose of its investments at a price and time that it wishes to do so. This may result in a loss to the Fund. 本基金須承受某特定投資或倉盤因市場深度不足或因市場干擾而未能輕易進行平倉或抵銷的風險 本基金的資產投資於相對欠缺流動性的投資, 會限制本基金在所希望的價格及時間出售其投資的能力 這可能導致本基金虧損 4

13 Volatility risks 波動性風險 The fixed income securities in which the Fund invests may not be traded on an active secondary market. The prices of securities traded in such markets may be subject to fluctuations. The bid and offer spreads of the price of such securities may be large and the Fund may incur significant trading costs and may suffer losses as a result. 本基金投資的固定收益證券或許並不在活躍的二級市場進行交易 於該等市場買賣的證券的價格可能反覆波動 該等證券的買賣差價可能大, 而本基金可能產生重大交易成本, 並可能因而蒙受損失 Sovereign debt risk 主權債務風險 The Fund s investment in securities issued or guaranteed by governments may be exposed to political, social and economic risks. In adverse situations, the sovereign issuers may not be able or willing to repay the principal and/or interest when due or may request the Fund to participate in restructuring such debts. The Fund may suffer significant losses when there is a default of sovereign debt issuers. 本基金投資於由政府發行或擔保的證券, 可能承受政治 社會及經濟風險 在不利情況下, 主權發行人未必能夠或願意在到期應付時償還本金額及 / 或利息或可能要求本基金參與該等債務的重組 當主權債券發行人違約時, 本基金可能蒙受重大損失 Valuation risk 估值風險 Valuation of the Fund s investments may involve uncertainties and judgmental determinations. If such valuation turns out to be incorrect, this may affect the net asset value of the Fund. 本基金的投資的估值或會涉及不明朗因素及判定性的決定 如證實該等估值不正確, 此可能影響本基金的資產淨值 Credit rating risk 信貸評級風險 Credit ratings assigned by rating agencies are subject to limitations and do not guarantee the creditworthiness of the security and/or issuer at all times. 評級機構給予的信貸評級涉及限制, 並不保證證券及 / 或發行人在所有時候的信用程度 Emerging markets risk 新興市場風險 The Fund may invest in Asian emerging market countries. Exposure to emerging markets involves a greater risk of loss than exposure to more developed markets due to, among other factors, greater political, tax, economic, foreign exchange, liquidity, settlement, custodial, market volatility (such as interest rate and price volatility), legal and regulatory risks. 本基金可能投資於亞洲新興市場國家 相對投資於較成熟市場, 投資於新興市場須承受較高損失風險, 由於 ( 包括其他因素 ) 較高的政治 稅務 經濟 外匯 流動性 結算 託管 市場波動 ( 如利率及價格波動 ) 法律及監管風險 High volatility of the equity market in China 中國股票市場的高波動性 High market volatility and potential settlement difficulties in the China equity market may also result in significant fluctuations in the prices of the securities traded on such markets and thereby may adversely affect the value of the Fund. 中國股票市場的高市場波動性及潛在結算困難亦可能導致在該等市場所買賣證券的價格出現大幅波動, 繼而可能對本基金的價值造成不利影響 Regulatory policies of the equity market in China 中國股票市場的監管政策 Securities exchanges in China typically have the right to suspend or limit trading in any security traded on the relevant exchange. The government or the regulators may also implement policies that may affect the financial markets. All these may have a negative impact on the Fund. 中國證券交易所通常有權暫停或限制在相關交易所買賣的任何證券的交易 政府或監管機構亦可能實施可能影響金融市場的政策 所有有關因素可能對本基金造成負面影響 Risks associated with Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect 與滬港股票市場交易互聯互通機制及深港股票市場交易互聯互通機制相關的風險 The relevant rules and regulations on Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect are subject to change which may have potential retrospective effect. The Shanghai-Hong Kong Stock Connect and the Shenzhen-Hong Kong Stock Connect are subject to quota limitations. Where a suspension in the trading through the programme is effected, the Fund s ability to invest in China A-shares or access the PRC market through the programme will be adversely affected. In such event, the Fund s ability to achieve its investment objective could be negatively affected. 滬港股票市場交易互聯互通機制及深港股票市場交易互聯互通機制的有關規則及規例可能會變更, 並可能具有潛在追溯效力 滬港股票市場交易互聯互通機制及深港股票市場交易互聯互通機制設有額度限制 倘若通過該機制進行交易被暫停, 則本基金通過該機制投資於中國 A 股或進入中國市場的能力將受到不利影響 在該情況下, 本基金達致其投資目標的能力可能受到負面影響 Risk of investing in CAAPs 投資於中國 A 股連接產品的風險 Investment in CAAPs can be illiquid as there may not be an active market in the CAAPs. In order to liquidate investments, the Fund relies upon the counterparty issuing the CAAPs to quote a price to unwind any part of the CAAPs. 由於中國 A 股連接產品或無交投活躍的市場, 故在中國 A 股連接產品的投資可能欠缺流動性 為了將投資平倉, 本基金倚賴發行中國 A 股連接產品的對手方提供報價, 以便將中國 A 股連接產品的任何部分平倉 The Fund will be subject to credit risk of the issuers of the CAAPs invested by the Fund. The Fund may suffer a loss if the issuers of the CAAPs invested by the Fund becomes bankrupt or otherwise fails to perform its obligations due to financial difficulties. 本基金將須承受本基金所投資的中國 A 股連接產品的發行人的信貸風險 如本基金所投資的中國 A 股連接產品的發行人破產或因財政困難而未能履行其義務, 本基金或會蒙受損失 5

14 Risk of investment in other collective investment schemes 投資於其他集體投資計劃的風險 The Fund will be subject to the risks associated with the underlying funds. The Fund does not have control of the investments of the underlying funds and there is no assurance that the investment objective and strategy of the underlying funds will be successfully achieved which may have a negative impact to the net asset value of the Fund. 本基金將承受與相關基金有關的風險 本基金對相關基金的投資没有控制權, 故不能保證相關基金的投資目標及策略將能成功達致, 這可能對本基金的資產淨值產生負面影響 The underlying collective investment schemes in which the Fund may invest may not be regulated by the SFC. There may be additional costs involved when investing into these underlying collective investment schemes. There is also no guarantee that the underlying collective investment schemes will always have sufficient liquidity to meet the Fund s redemption requests as and when made. 本基金所投資的相關集體投資計劃不一定受到證監會監管 在投資於該等相關集體投資計劃時可能涉及額外費用 並不保證相關集體投資計劃將時刻具備足夠流動性, 以應付本基金的贖回要求 Risks relating to hedging and the currency hedged share classes 有關對沖及貨幣對沖股份類別的風險 A currency hedged share class seeks to minimise the effect of currency fluctuations between the reference currency of the share class and the base currency of the relevant sub-fund. Movements in currency exchange rates can materially impact investment returns and investors should ensure they fully understand the difference between investment in currency hedged share classes versus investment in those share classes which are unhedged. 貨幣對沖股份類別旨在盡量減少股份類別的參考貨幣與相關附屬基金的基本貨幣之間的匯率波動影響 貨幣匯率的變動可對投資回報產生重大影響, 而投資者應確保彼等完全了解投資於貨幣對沖股份類別與投資於該等不進行貨幣對沖的股份類別之間的差異 Currency hedged share classes are not recommended for investors whose home currency (which refers to the main currency an investor uses on a day-to-day basis) is different to the class currency of the currency hedged share class. Investors who choose to convert their home currency to the reference currency of a currency hedged share class and subsequently invest in such a share class should be aware that they may be exposed to higher currency risks and may suffer material losses as a result of exchange rate fluctuations between the reference currency of the currency hedged share class and their home currency. 不建議其本國貨幣 ( 指投資者日常使用的主要貨幣 ) 有別於貨幣對沖股份類別的類別貨幣之投資者投資於貨幣對沖股份類別 如投資者選擇將其本國貨幣兌換為貨幣對沖股份類別的參考貨幣, 隨後投資於貨幣對沖股份類別, 則投資者應知悉, 彼等或會因貨幣對沖股份類別的參考貨幣與本國貨幣之間匯率波動而承受更高的貨幣風險及可能蒙受重大損失 There can be no assurance or guarantee that the Administration Agent or other appointed parties will be able to successfully implement passive currency hedging for currency hedged share classes at any time or at all. 概不保證或擔保行政代理或其他指定方將能夠隨時或一直成功地就貨幣對沖股份類別實施被動式貨幣對沖 Risk associated with small-capitalisation / mid-capitalisation companies 與中小型公司相關的風險 The shares of small-capitalisation/ mid-capitalisation companies may have lower liquidity and their prices are generally more volatile, especially during adverse economic developments, than those of larger capitalisation companies in general. 一般而言, 相比較大型公司, 中小型公司的股份流動性可能較低, 而其價格一般較為波動, 當經濟出現不利發展時尤其更甚 Derivative instrument risk 衍生工具風險 Risks associated with financial derivative instruments include counterparty/credit risk, liquidity risk, valuation risk, volatility risk and over-the-counter transaction risk. The leverage element/component of a financial derivative instrument can result in a loss significantly greater than the amount invested in the financial derivative instrument by the Fund. Exposure to financial derivatives instruments may lead to a high risk of significant loss by the Fund. 與金融衍生工具相關的風險包括對手方 / 信貸風險 流動性風險 估值風險 波動性風險及場外交易風險 金融衍生工具包含的槓桿元素 / 部分或會導致產生大為高於本基金投資於金融衍生工具的金額之損失 投資於金融衍生工具可能導致本基金承受產生重大虧損的高風險 Foreign exchange risk 外滙風險 Because the Fund s assets and liabilities and classes of shares may be denominated in currencies different from the base currency, the Fund may be affected favourably or unfavourably by exchange control regulations or changes in the exchange rates between the base currency and other currencies. 由於本基金的資產與負債及股份類別可按有別於基本貨幣的貨幣計值, 故此, 外匯管制規例或該基本貨幣兌其他貨幣的匯率變動可能對本基金構成有利或不利的影響 6

15 How has the Fund performed? 本基金過往的業績表現如何? HSBC Global Investment Funds - Managed Solutions - Asia Focused Growth (AC) 滙豐環球投資基金 全智選 亞洲焦點增長 (AC) % Past performance information is not indicative of future performance. Investors may not get back the full amount invested. 過去完業績並不代表將來的表現 投資者可能不能取回全部投資金額 The computation basis of the performance is based on the calendar year end, NAV-to-NAV, with dividend reinvested. 業績表現以曆年末的資產淨值作為比較基礎, 股息會滾存再作投資 These figures show by how much the share class increased or decreased in value during the calendar year being shown. Performance data has been calculated in USD including ongoing charges and excluding subscription fee and redemption fee you might have to pay. 數據顯示股份類別於上述曆年的價值升跌 業績數據以美元計算, 包括經常性開支但不包括您可能需支付的認購費用及贖回費用 Where no past performance is shown there was insufficient data available in that year to provide performance. 假如並無顯示過往表現, 則表示該年度並無足夠數據以提供表現 Fund launch date: 15/03/2013 基金成立日期 :15/03/2013 Class AC launch date: 15/03/2013 AC 類成立日期 :15/03/2013 Class AC is a share class open for investment by Hong Kong retail investors and denominated in the Fund s base currency. AC 類乃開放予香港零售投資者投資及以本基金的基本貨幣計價的股份類別 Is there any guarantee? 本基金有否提供保證? This Fund does not have any guarantees. You may not get back the full amount of money you invest. 本基金並不提供任何保證 閣下未必能全數取回投資本金 7

16 What are the fees and charges? 本基金涉及哪些費用? Charges which may be payable by you 認購本基金時閣下或須支付的費用 You may have to pay the following fees when dealing in the Fund. 閣下買賣本基金時可能須要支付以下費用 Fees 費用 What you pay 你須支付 Subscription fee (initial sales charge) Up to 3.01% of the offer price* 最高達發售價的 3.01%* 認購費 ( 首次銷售費 ) Switching fee 轉換費 Up to 1% of the offer price* 最高達發售價的 1%* Redemption fee 贖回費 Nil* 無 * Ongoing fees payable by the Fund 本基金持續繳付的費用 The following expenses will be paid out of the Fund. They affect you because they reduce the return you get on your investments. 以下收費將從本基金總值中扣除, 閣下的投資回報將會因而減少 Fees 費用 Annual rate (as a % of the NAV of the Fund) 年率 ( 本基金資產淨值之 %) Management fee 管理費 1.5% Custodian fee 保管人費用 Not applicable, included in Administrative fee 不適用, 已包括在行政費內 Administrative fee 行政費 0.35% # Performance fee 表現費 Not applicable 不適用 Other fees 其他收費 You may have to pay other fees and charges when dealing in the Fund. 閣下買賣本基金時可能須要支付其他費用 * You may need to bear additional costs under certain situations in order to mitigate any adverse impacts to the Fund caused by the transactions. Please refer to the offering document for further details. 為減輕交易可能對本基金造成的不利影響, 閣下可能在某些情況下承擔額外費用 詳情請參閱銷售文件 # The fees and charges may also be increased up to maximum level as specified in the offering document by giving at least one month s prior notice to investors. Please refer to the offering document for further details. This amount does not include the fees of the Administration Agent or other appointed parties relating to the execution of the currency hedging policy, which will be borne by the relevant currency hedged share class. Where the Administration Agent or other appointed parties takes these fees, the rate for fees relating to the execution of the currency hedging policy is 0.055% per annum of the net asset value of the currency hedged share class. 費用亦可增至銷售文件所定的最高水平, 但須予最少 1 個月預先通知投資者 詳情請參閱銷售文件 此金額並不包括行政代理或其他指定方有關執行貨幣對沖政策的費用, 該費用將由有關貨幣對沖股份類別承擔 若行政代理或其他指定方收取該等費用, 執行貨幣對沖政策所收取的費用年率為貨幣對沖股份類別資產淨值的 0.055% Additional information 其他資料 You generally buy and redeem shares at the Fund s next-determined subscription price and redemption price with reference to the Net Asset Value (NAV) after the intermediaries receive your request in good order on or before 4:00pm (HK Time), being the dealing cut-off time. 一般而言, 閣下認購及贖回本基金股份的價格, 是在中介人於香港時間下午 4 時或之前 ( 即基金的交易截止時間 ) 收到閣下的完整指示後, 參照本基金資產淨值而釐定的下一個認購價及贖回價 Intermediaries who sell the Fund may impose earlier cut-off times for receiving instructions for subscriptions, redemptions or switching. Investors should pay attention to the arrangements of the intermediary concerned. 銷售本基金的中介人可能就接受認購 贖回或轉換指示實施較早的截止時間 投資者須注意有關中介人的安排 Investors may obtain the past performance information of other share classes offered to Hong Kong investors at (the website has not been reviewed by the SFC). 投資者可瀏覽 網頁並未經證監會批閱 ) 以取得向香港投資者發售的其他股份類別的往績表現資料 Investors may obtain information on the intermediaries online at (the website has not been reviewed by the SFC). 投資者可瀏覽 網頁並未經證監會批閱 ) 以獲取中介人的資料 The net asset value of the Fund is calculated and the price of the Fund is published on each dealing day. The Fund prices are available online at 本基金的資產淨值及價格均於每個交易日計算及刊登 本基金價格刊登於 Important 重要資料 If you are in doubt, you should seek professional advice. 閣下如有疑問, 請應諮詢專業意見 The SFC takes no responsibility for the contents of this statement and makes no representation as to its accuracy or completeness. 證監會對本概要的內容並不承擔任何責任, 對其準確性或完整性亦不作出任何陳述 Issued by HSBC Global Asset Management (Hong Kong) Limited 由滙豐環球投資管理 ( 香港 ) 有限公司刊發 8