IMPORTANT RISK WARNINGS / NOTES
• Investors should note that investment involves risks (including the possibility of loss of the capital invested), prices of fund units may go up as well as down and past performance information presented is not indicative of future performance. Investors should read the relevant fund’s offering documents (including the full text of the risk factors stated therein (in particular those associated with investments in emerging markets for funds investing in emerging markets)) in detail before making any investment decision.
• Fund(s) marked with "@" below may invest extensively in financial derivative instruments, thus subject to higher volatility as well as higher credit/counterparty and liquidity risks. Investing in these funds will involve a higher risk of loss of all, or substantial part, of the capital invested.
• In order to comply with the requirement in relation to investor characterization as set out by the Securities and Futures Commission in Hong Kong, Hang Seng Bank Limited (the "Bank") only accepts customers who have been characterized by the Bank as having general knowledge of the nature and risks of derivatives to subscribe for fund(s) marked with "*" below.

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HSBC Global Asset Management (Hong Kong) Limited
2Q 2015
The leading emerging markets investment expert

HSBC Global Asset Management is the core investment management business within the HSBC Group.
Our investment capabilities span across different asset classes - equities, fixed income, multi-asset and liquidity.

We are well placed to provide a globally-consistent, disciplined investment process across our capabilities,
which draws on insightful local knowledge and extensive expertise of our teams around the world.

Our funds offer great diversity covering different asset classes and major markets. They are designed to fulfill
your investment needs - from investments which provide steady income stream to those deliver capital growth.

About HSBC Global Asset Management

HSBC Global Asset Management is a major global asset management firm managing assets of USD454 billion* with well-established businesses across Europe, the Asia-Pacific region, North America, Latin America and the Middle East. We have been active in emerging markets for over 140 years. Today, we are one of the largest emerging market asset managers, with USD149 billion emerging markets assets under management, as of December 2014.

*Source: HSBC Global Asset Management, data as of December 2014. HSBC Global Asset Management's global AUM for December 2014 now includes Hang Seng assets.

Investment involves risk and past performance is not indicative of future performance. Please refer to the offering document for further details including the risk factors. The website has not been reviewed by SFC.

Issued by HSBC Global Asset Management (Hong Kong) Limited.