HSBC MSCI World Value ESG UCITS ETF (Acc) - USD Stock

The investment objective of the Fund is to replicate the performance of the MSCI World Value SRI ESG Target Select Index (the ?Index?), which provides investors the opportunity to gain specific exposure to equity securities with lower market valuations relative to their fundamental value (the ?Value Factor?) while integrating environmental, social and governance (?ESG?) metrics within a broad geographic equity index, while minimising as far as possible the tracking error between the Fund?s performance and that of the Index.