HSBC Money Market ETFs

The value of investments and any income from them can go down as well as up and investors may not get back the amount originally invested.

This product is based overseas and is not subject to UK sustainable investment labelling and disclosure requirements

• Counterparty risk. The possibility that the counterparty to a transaction may be unwilling or unable to meet its obligations
• Credit risk. A bond or money market security could lose value if the issuer’s financial health deteriorates
• Derivatives risk. Derivatives can behave unexpectedly. The pricing and volatility of many derivatives may diverge from strictly reflecting the pricing or volatility of their underlying reference(s), instrument or asset
• Exchange rate risk. Changes in currency exchange rates could reduce or increase investment gains or investment losses, in some cases significantly
• Investment leverage risk. Investment leverage occurs when the economic exposure is greater than the amount invested, such as when derivatives are used. A Fund that employs leverage may experience greater gains and/or losses due to the amplification effect from a movement in the price of the reference source
• Liquidity risk. Liquidity risk is the risk that a Fund may encounter difficulties meeting its obligations in respect of financial liabilities that are settled by delivering cash or other financial assets, thereby compromising existing or remaining investors
• Money Market Fund risk. The fund's objective may not be achieved in adverse market conditions. During times of very low interest rates, the interest received by the Fund could be less than the costs of operating the Fund
• Operational risk. Operational risks may subject the Fund to errors affecting transactions, valuation, accounting, and financial reporting, among other things
• Sustainability risk. Sustainability risk means an environmental, social or governance event or condition that, if it occurs, could cause an actual or a potential material negative impact on the value of the investment

Further information on the potential risks can be found in the Key Information Document (KID) and/or the Prospectus or Offering Memorandum

The Money Market Fund is not a guaranteed investment. Investing in Money Market Funds differs from investing in deposits, the principal invested in an MMF is capable of fluctuation and may involve losses. Such losses would only be borne by investors. The Money Market Fund does not rely on external support for guaranteeing the liquidity of the fund or stabilising the net asset value. The Fund may invest up to 100 per cent of its assets in instruments issued or guaranteed by a public debt issuer such as Member States, administrations, institutions and/or organization from the euro area.” Euro Money Market Funds may invest up to 100 per cent of assets in instruments issued or guaranteed by a public debt issuer such as Member States, administrations, institutions and/or organization from the euro area.

SRI 1/7. The SRI (Summary Risk Indicator) is an overall indicator of the product risk level. The scale varies from 1 (least risky) to 7 (most risky). Historical data may not be a reliable indication for the future. The rating is not guaranteed to remain unchanged and the categorisation may shift over time. The lowest rating does not mean a risk-free investment. Do not run any unnecessary risk. Read the Key Information Document.