HSBC Global Investment Funds - Multi-Strategy Target Return

The sub-fund targets annualized returns of 3 month EURIBOR plus 4% (gross of annual ongoing charges) over a rolling three-year period. The sub-fund aims to achieve this with annualised volatility of 6-8% over a rolling three-year period. There is no guarantee that the return or volatility target will be achieved and an investor may not get back the full amount initially invested. The sub-fund employs multiple, complementary strategies (the “Strategies”) and may invest across a diversified range of asset classes on a global basis, including Emerging Markets. Asset classes include equity, fixed income, currency; cash and money market instruments; and other UCITS eligible asset classes. The Strategies employed by the sub-fund may include long-only strategies as well as long/short strategies seeking to exploit differences in expected returns within a given asset class while having little or no exposure to the return of the asset class.