HSBC MSCI Russia Capped ETF

The investment objective of the Fund is to replicate the performance of the MSCI Russia Capped Index (the “Index”), while minimising as far as possible the tracking error between the Fund’s performance and that of the Index.
The Index is a market-capitalisation weighted index designed to measure the performance of the largest publicly listed companies in Russia, as defined by the Index Provider. Russian equity markets are considered to be emerging markets and accordingly, are subject to specific risk factors. In seeking to achieve its investment objective, the Fund will aim to invest in securities included in the Index in generally the same proportions in which they are included in the Index.