REG - HSBC ETFs PLC - Shareholder Notice

MSCIAnnouncement

04/11/2024 08:00

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RNS Number : 6828K  HSBC ETFs PLC  04 November 2024

This letter is important and requires your immediate attention. If you are in
doubt as to the action you should take you should seek advice from your
stockbroker, bank manager, solicitor, accountant or other independent
financial adviser. If you have sold or transferred all of your shares in the
Fund referred to below, please pass this letter at once to the purchaser or
transferee or to the stockbroker, bank or other agent through whom the sale or
transfer was effected for transmission to the purchaser or transferee as soon
as possible.

 

This letter has not been reviewed by the Central Bank of Ireland (the "Central
Bank") and it is possible that changes may be necessary to meet the Central
Bank's requirements. The board of directors of the Company (the "Directors")
accepts responsibility for the information contained in this letter.

 

Capitalised terms used in this letter and not defined shall having the meaning
given to those terms in the Prospectus.

 

 

4 November 2024

 

 

Dear Shareholder,

 

We refer to the HSBC MSCI Emerging Markets Islamic ESG UCITS ETF
(IE0009BC6K22) (the "Fund"), a sub-fund of the Company, of which you are a
Shareholder. The investment objective of the Fund is to replicate the
performance of the MSCI EM (Emerging Market) Islamic ESG Universal Screened
Select Index (the "Index"). The purpose of this letter is to notify you of
changes that MSCI Inc. (the "Index Provider") is making to the methodology for
the Index (the "Methodology"), as detailed below, which will take effect on or
around 26 November 2024 (the "Effective Date").

 

The Index Provider intends to amend the Methodology to cap stock weightings
such that they will not exceed the applicable diversification limits set out
in the UCITS Regulations. The proposed amendments will avoid a situation where
a stock within the Index is at a level higher than the maximum permitted
amount the Fund may invest in it under the UCITS Regulations, therefore
minimising any mismatch between the Index and the Fund. The Index Provider
intends to change the Index name on the Effective Date as per below:

 

 Current Index name                                                     Proposed Index name
 MSCI EM (Emerging Market) Islamic ESG Universal Screened Select Index  MSCI EM (Emerging Market) Islamic ESG Universal Screened Select Capped Index

 

We also intend to update the Fund name to reflect that the Index will be
capped, we will confirm details and a timeline in due course.

 

Should you have any questions relating to the content of this letter, you
should contact the Company or the Administrator or, alternatively, you should
contact your investment consultant and/or legal adviser, as appropriate.

 

Additional information relating to the Fund are available by choosing your
local website at www.global.assetmanagement.hsbc.com
(http://www.global.assetmanagement.hsbc.com) or from the registered office.

 

 

 

 

Yours sincerely,

 

 

Director

For and on behalf of

HSBC ETFs plc

 

 

 

 

Further Information

 

 HSBC ETFs PLC           3 Dublin Landings, North Wall Quay, Dublin 1 Ireland  +353 1 635 6000
 J&E Davy (Sponsor)                                                            +353 1 679 6363

 Brian Garrahy

 

 

 

 

 

 

 

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