Securities Lending Report

HBCE / HSBC Gbl Inv Fd - Global Real Estate Equity

Report as at 27/09/2021

Summary of policy

% limit on maximum percentage of book on loan 20%

Revenue Split 75/25 *

Name of the Fund HBCE / HSBC Gbl Inv Fd - Global Real Estate Equity

Replication Mode Physical replication

ISIN Code LU1163227496

Total net assets (AuM) 1,304,784,851

Reference currency of the fund USD

* The sub-fund will receive 75% of the gross revenue generated and the remaining 25% will be split between the Securities Lending Agent and the Management Company

Securities lending data - as at 27/09/2021

Currently on loan in USD (base currency) 82,733,193.33

Current percentage on loan (in % of the fund AuM) 6.34%

Collateral value (cash and securities) in USD (base currency) 89,197,433.44

Collateral value (cash and securities) in % of loan 108%

Securities lending statistics

12-month average on loan in USD (base currency) N/A

12-month average on loan as a % of the fund AuM N/A

12-month maximum on loan in USD N/A

12-month maximum on loan as a % of the fund AuM N/A

Gross Return for the fund over the last 12 months in USD (base currency) N/A

Gross Return for the fund over the last 12 months in % of the fund AuM N/A

Collateral data - as at 27/09/2021

ISIN Name Asset Class Country Currency Rating Valuation (coll ccy) Valuation (base ccy) Weight

CASH USD CASH US USD 416,692.80 416,692.80 0.47%

AU000000CGF5 CHALLENGER LTD ODSH CHALLENGER LTD COM AU AUD AAA 195,754.97 142,133.50 0.16%

AU000000QAN2 QANTAS ODSH QANTAS COM AU AUD AAA 195,755.78 142,134.09 0.16%

AU000000REA9 REA GROUP ODSH REA GROUP COM AU AUD AAA 2,166.96 1,573.38 0.00%

AU000000RHC8 RAMSAY LTD ODSH RAMSAY LTD COM AU AUD AAA 191,836.31 139,288.25 0.16%

AU000000SGR6 STAR ENT GRP ODSH STAR ENT GRP COM AU AUD AAA 195,750.08 142,129.95 0.16%

BE0003470755 SOLVAY ODSH SOLVAY COM BE EUR AA3 5,337.34 6,252.70 0.01%

BE0974264930 AGEAS ODSH AGEAS COM BE EUR AA3 75,324.93 88,243.16 0.10%

BE0974293251 AB INBEV ODSH AB INBEV COM BE EUR AA3 13,206.00 15,470.83 0.02%

BMG475671050 IHS MARKIT ODSH IHS MARKIT COM US USD AAA 151,402.35 151,402.35 0.17% Collateral data - as at 27/09/2021

ISIN Name Asset Class Country Currency Rating Valuation (coll ccy) Valuation (base ccy) Weight

CA0636711016 BMO ODSH BMO COM CA CAD AAA 121,651.61 95,999.66 0.11%

CA0717341071 BAUSCH HEALTH ODSH BAUSCH HEALTH COM CA CAD AAA 121,249.70 95,682.50 0.11%

CA1125851040 BROOKFIELD ASSET ODSH BROOKFIELD ASSET COM CA CAD AAA 49,608.98 39,148.23 0.04%

CA1363751027 CA NATL RLWY ODSH CA NATL RLWY COM CA CAD AAA 30,922.04 24,401.69 0.03%

CA1366812024 CDN TIRE ODSH CDN TIRE COM CA CAD AAA 21,766.02 17,176.35 0.02%

CA3359341052 FST QUANTUM ODSH FST QUANTUM COM CA CAD AAA 159.80 126.10 0.00%

CA5592224011 MAGNA INTL ODSH MAGNA INTL COM CA CAD AAA 97.71 77.10 0.00%

CA7800871021 RBC ODSH RBC COM CA CAD AAA 238,789.28 188,437.19 0.21%

CA82028K2002 SHAW COMMS ODSH SHAW COMMS COM CA CAD AAA 121,348.49 95,760.45 0.11%

CA82509L1076 SHOPIFY ODSH SHOPIFY COM CA CAD AAA 120,667.12 95,222.76 0.11%

CA8667961053 SUN LIFE ODSH SUN LIFE COM CA CAD AAA 99,209.11 78,289.47 0.09%

CA8849037095 THOMSONREUTERS ODSH THOMSONREUTERS COM CA CAD AAA 117,798.49 92,959.02 0.10%

CA8911605092 TD ODSH TD COM CA CAD AAA 121,642.86 95,992.75 0.11%

CA94106B1013 WASTE CONNECT ODSH WASTE CONNECT COM CA CAD AAA 28,642.49 22,602.82 0.03%

CH0012032048 ROCHE HLDG PART ROCHE HLDG COM CH CHF 6,297.03 6,638.33 0.01%

CH0025751329 LOGITECH INTL ODSH LOGITECH INTL COM CH CHF 4,143.91 4,368.51 0.00%

CH0030170408 GEBERIT ODSH GEBERIT COM CH CHF 27,484.89 28,974.55 0.03%

CH0038863350 NESTLE ODSH NESTLE COM CH CHF 13,873.54 14,625.48 0.02%

CNE1000001Z5 ODSH BANK OF CHINA COM CN HKD 34,918.33 4,494.18 0.01%

CNE1000002H1 CCB ODSH CCB COM CN HKD 17,025.16 2,191.23 0.00%

CNE1000002L3 CHINA LIFE INSUR ODSH CHINA LIFE INSUR COM CN HKD 87,934.78 11,317.68 0.01%

CNE1000002Q2 CORP. ODSH SINOPEC CORP. COM CN HKD 1,794.89 231.01 0.00%

CNE1000003G1 ICBC ODSH ICBC COM CN HKD 366,298.03 47,144.53 0.05%

CNE1000003W8 PETROCHINA ODSH PETROCHINA COM CN HKD 24,127.94 3,105.40 0.00%

CNE1000003X6 PING AN OF CHINA ODSH PING AN OF CHINA COM CN HKD 10,559.89 1,359.12 0.00%

DE0006047004 HEIDELBERGCEMNT ODSH HEIDELBERGCEMNT COM DE EUR AAA 2,821.72 3,305.65 0.00%

DE0006599905 MERCK ODSH MERCK COM DE EUR AAA 468,576.76 548,937.71 0.62%

DE0008430026 MUNICH RE GROUP ODSH MUNICH RE GROUP COM DE EUR AAA 22,871.01 26,793.39 0.03%

DE000A1EWWW0 ADIDAS ODSH ADIDAS COM DE EUR AAA 918,095.85 1,075,549.36 1.21%

DE000BASF111 BASF DE ODSH BASF DE COM DE EUR AAA 46,036.97 53,932.31 0.06%

FI0009000681 NOKIA ODSH NOKIA COM FI EUR AA1 22,514.53 26,375.78 0.03%

FI0009005318 NOKIAN TYRES ODSH NOKIAN TYRES COM FI EUR AA1 1,277,212.68 1,496,254.74 1.68%

FI0009005961 STORA ENSO ODSH STORA ENSO COM FI EUR AA1 330,073.85 386,681.54 0.43%

FI4000297767 NORDEA BNK ODSH NORDEA BNK COM FI EUR AA1 303,508.50 355,560.23 0.40%

FR0000120693 PERNOD RICARD ODSH PERNOD RICARD COM FR EUR AA2 191.75 224.64 0.00%

FR0000121485 KERING ODSH KERING COM FR EUR AA2 180,332.06 211,259.02 0.24%

FR0000125007 CIE SAINT GOBAIN ODSH CIE SAINT GOBAIN COM FR EUR AA2 199,511.26 233,727.46 0.26%

FR0000130809 SOCIETE GENERALE ODSH SOCIETE GENERALE COM FR EUR AA2 122,736.96 143,786.36 0.16%

FR0000131906 RENAULT ODSH RENAULT COM FR EUR AA2 4,648.81 5,446.08 0.01% Collateral data - as at 27/09/2021

ISIN Name Asset Class Country Currency Rating Valuation (coll ccy) Valuation (base ccy) Weight

FR0000133308 ORANGE ODSH ORANGE COM FR EUR AA2 14,563.01 17,060.57 0.02%

FR0010208488 ENGIE ODSH ENGIE COM FR EUR AA2 31,531.20 36,938.80 0.04%

FR0011981968 WORLDLINE ODSH WORLDLINE COM FR EUR AA2 358,678.15 420,191.48 0.47%

GB0000536739 ORD GBP0.10 CST GB GBP AA2 391,027.56 535,807.70 0.60%

GB0002374006 ORD 28 101/108P CST GB GBP AA2 5,203,702.40 7,130,402.35 7.99%

GB0002875804 ORD 25P CST GB GBP AA2 3,062,308.38 4,196,145.21 4.70%

GB0004544929 ORD GBP0.10 IMPERIAL TOBACCO CST GB GBP AA2 6,438.48 8,822.36 0.01%

GB0006776081 ORD GBP0.25 PEARSON CST GB GBP AA2 495,904.64 679,516.11 0.76%

GB0009252882 GBP0.25 GLAXOSMITHKLINE PLC CST GB GBP AA2 3,195,717.32 4,378,949.55 4.91%

GB0009895292 ASTRAZENECA ODSH ASTRAZENECA COM SE SEK AAA 671,383.38 77,672.35 0.09%

GB0031348658 ORD 25P BANK PLC CST GB GBP AA2 125,963.45 172,602.12 0.19%

GB00B03MLX29 SHELL ODSH SHELL COM NL EUR AAA 34,284.06 40,163.78 0.05%

GB00B10RZP78 UNILEV ODSH UNILEV COM NL EUR AAA 49,788.82 58,327.60 0.07%

GB00B1XZS820 ORD USD0.54945054 ANGLO AMERICAN ORD CST GB GBP AA2 77.94 106.80 0.00%

GB00BGXQNP29 ODSH PHOENIX GROUP CST GB GBP AA2 609,109.37 834,635.53 0.94%

GB00BH0P3Z91 BHP GRP ODSH BHP GRP CST GB GBP AA2 3,812,515.99 5,224,121.39 5.86%

GB00BH4HKS39 GROUP ODSH VODAFONE GROUP CST GB GBP AA2 24,223.46 33,192.33 0.04%

GB00BLJNXL82 BERKELEY GROUP ODSH BERKELEY GROUP CST GB GBP AA2 479,931.15 657,628.35 0.74%

GB00BWFGQN14 SPIRAX SARCO ODSH SPIRAX SARCO CST GB GBP AA2 288,320.00 395,072.09 0.44%

HK0388045442 HKEX ODSH HKEX COM HK HKD 78,374.91 10,087.27 0.01%

HK1093012172 CSPC PHARMA ODSH CSPC PHARMA COM HK HKD 298,117.00 38,369.27 0.04%

IE0001827041 CRH ODSH CRH CST IE GBP 4,274,770.50 5,857,528.22 6.57%

IE0002424939 ORD EUR0.25 DCC CST IE GBP 1,755.04 2,404.85 0.00%

IE00BDB6Q211 WILLIS TOWERS ODSH WILLIS TOWERS COM US USD AAA 41,938.37 41,938.37 0.05%

IE00BTN1Y115 MEDTRONIC ODSH MEDTRONIC COM US USD AAA 10,552.45 10,552.45 0.01%

IE00BWT6H894 FLUTTER ODSH FLUTTER COM GB GBP AA2 163,944.55 224,645.94 0.25%

IM00B5VQMV65 GVC HOLDINGS ODSH GVC HOLDINGS CST GB GBP AA2 2,939.30 4,027.59 0.00%

IT0000072618 INTESA SANPAOLO ODSH INTESA SANPAOLO COM IT EUR 32,448.79 38,013.75 0.04%

IT0003128367 ENEL ODSH ENEL COM IT EUR 145,569.36 170,534.52 0.19%

IT0003506190 ATLANTIA ODSH ATLANTIA COM IT EUR 2,834,888.73 3,321,072.34 3.72%

IT0003796171 POSTE ITALIANE ODSH POSTE ITALIANE COM IT EUR 82,995.11 97,228.77 0.11%

IT0003856405 LEONARDO ODSH LEONARDO COM IT EUR 33,497.47 39,242.28 0.04%

IT0004056880 AMPLIFON ODSH AMPLIFON COM IT EUR 98,598.23 115,507.83 0.13%

IT0004810054 UNIPOL GRUPPO ODSH UNIPOL GRUPPO COM IT EUR 255,215.69 298,985.20 0.34%

IT0005211237 ITALGAS ODSH ITALGAS COM IT EUR 78,933.34 92,470.41 0.10%

JP1103271D13 JPGV 0.800 12/20/22 JAPAN GOV JP JPY A1 50,670.26 458.61 0.00%

JP1201121975 JPGV 2.100 06/20/29 JAPAN GOV JP JPY A1 175,757.02 1,590.76 0.00%

JP1201231AC0 JPGV 2.100 12/20/30 JAPAN GOV JP JPY A1 14,900,512.39 134,862.87 0.15%

JP1201401C92 JPGV 1.700 09/20/32 JAPAN GOV JP JPY A1 2,819,597.25 25,519.86 0.03% Collateral data - as at 27/09/2021

ISIN Name Asset Class Country Currency Rating Valuation (coll ccy) Valuation (base ccy) Weight

JP1300371C98 JPGV 1.900 09/20/42 JAPAN GOV JP JPY A1 2,374,218.56 21,488.79 0.02%

JP1300621K47 JPGV 0.500 03/20/49 JAPAN GOV JP JPY A1 2,663,454.92 24,106.63 0.03%

JP3116000005 ASAHI GROUP ODSH ASAHI GROUP COM JP JPY A1 542,499.84 4,910.11 0.01%

JP3143600009 ITOCHU ODSH ITOCHU COM JP JPY A1 108,712,498.75 983,944.67 1.10%

JP3165000005 SOMPO HOLDINGS ODSH SOMPO HOLDINGS COM JP JPY A1 13,894,198.54 125,754.84 0.14%

JP3188220002 OTSUKA HOLDINGS ODSH OTSUKA HOLDINGS COM JP JPY A1 107,803,799.60 975,720.14 1.09%

JP3201200007 OLYMPUS ODSH OLYMPUS COM JP JPY A1 110,422,799.00 999,424.41 1.12%

JP3224200000 KAWASAKI HEAVY ODSH KAWASAKI HEAVY COM JP JPY A1 15,530,598.55 140,565.71 0.16%

JP3228600007 KANSAI ELEC ODSH KANSAI ELEC COM JP JPY A1 109,121,548.79 987,646.94 1.11%

JP3258000003 KIRIN HOLDINGS ODSH KIRIN HOLDINGS COM JP JPY A1 118,237,397.66 1,070,153.47 1.20%

JP3294460005 INPEX ODSH INPEX COM JP JPY A1 111,495,699.23 1,009,135.11 1.13%

JP3322930003 SUMCO ODSH SUMCO COM JP JPY A1 111,059,199.83 1,005,184.40 1.13%

JP3351600006 SHISEIDO ODSH SHISEIDO COM JP JPY A1 107,808,398.96 975,761.77 1.09%

JP3386030005 JFE HOLDINGS ODSH JFE HOLDINGS COM JP JPY A1 15,333,999.03 138,786.31 0.16%

JP3396350005 SKY PERFECT ODSH SKY PERFECT COM JP JPY A1 875,999.43 7,928.57 0.01%

JP3405400007 SUMITOMO HEAVY I ODSH SUMITOMO HEAVY I COM JP JPY A1 15,225,598.99 137,805.19 0.15%

JP3435750009 M3 ODSH M3 COM JP JPY A1 107,314,198.54 971,288.81 1.09%

JP3436100006 SOFTBANK GROUP ODSH SOFTBANK GROUP COM JP JPY A1 109,295,999.27 989,225.87 1.11%

JP3481800005 DAIKIN IND ODSH DAIKIN IND COM JP JPY A1 98,455,499.46 891,109.72 1.00%

JP3500610005 RESONA ODSH RESONA COM JP JPY A1 111,532,198.95 1,009,465.46 1.13%

JP3505000004 DAIWA HOUSE ODSH DAIWA HOUSE COM JP JPY A1 109,382,999.70 990,013.30 1.11%

JP3519400000 CHUGAI PHARM ODSH CHUGAI PHARM COM JP JPY A1 63,419,998.82 574,007.32 0.64%

JP3551520004 DENTSU GROUP ODSH DENTSU GROUP COM JP JPY A1 109,295,999.27 989,225.87 1.11%

JP3621000003 TORAY INDUSTRIES ODSH TORAY INDUSTRIES COM JP JPY A1 653,308.58 5,913.02 0.01%

JP3752900005 JAPAN POST ODSH JAPAN POST COM JP JPY A1 110,744,739.62 1,002,338.26 1.12%

JP3753000003 NIPPON YUSEN ODSH NIPPON YUSEN COM JP JPY A1 101,672,999.57 920,230.95 1.03%

JP3787000003 HITACHI CONST ODSH HITACHI CONST COM JP JPY A1 15,361,499.86 139,035.22 0.16%

JP3890350006 SMFG ODSH SMFG COM JP JPY A1 111,131,999.44 1,005,843.30 1.13%

JP3892100003 SMTH ODSH SMTH COM JP JPY A1 111,181,499.42 1,006,291.32 1.13%

JP3897700005 MITSUBISHI CHEM ODSH MITSUBISHI CHEM COM JP JPY A1 109,950,599.25 995,150.58 1.12%

JP3900000005 MHI ODSH MHI COM JP JPY A1 1,504,498.98 13,617.05 0.02%

JP3902900004 MUFG ODSH MUFG COM JP JPY A1 110,945,999.06 1,004,159.83 1.13%

JP3932000007 YASKAWA ELECTRIC ODSH YASKAWA ELECTRIC COM JP JPY A1 36,671,999.06 331,914.16 0.37%

KYG017191142 ALIBABA ODSH ALIBABA COM HK HKD 15,482,992.77 1,992,744.77 2.23%

KYG2108Y1052 CHINA RSRCS LND ODSH CHINA RSRCS LND COM HK HKD 19,133.80 2,462.62 0.00%

KYG217651051 CKH HOLDINGS ODSH CKH HOLDINGS COM HK HKD 1,074,346.26 138,274.16 0.16%

KYG245241032 COUNTRYGARDEN ODSH COUNTRYGARDEN COM HK HKD 277.34 35.70 0.00%

KYG596691041 ODSH MEITUAN COM HK HKD 173,383.19 22,315.35 0.03%

KYG875721634 HOLDINGS ODSH TENCENT HOLDINGS COM HK HKD 4,425,779.41 569,621.71 0.64% Collateral data - as at 27/09/2021

ISIN Name Asset Class Country Currency Rating Valuation (coll ccy) Valuation (base ccy) Weight

LU1598757687 ARCELORMITTAL ODSH ARCELORMITTAL COM NL EUR AAA 8,358.51 9,792.00 0.01%

NL0000009538 PHILIPS ODSH PHILIPS COM NL EUR AAA 43,292.23 50,716.85 0.06%

NL0000235190 AIRBUS NL ODSH AIRBUS NL COM FR EUR AA2 6,621,757.68 7,757,389.58 8.70%

NL0010273215 ASML HOLDING ODSH ASML HOLDING COM NL EUR AAA 79,262.09 92,855.55 0.10%

NL0010545661 CNH INDUSTRIAL ODSH CNH INDUSTRIAL COM IT EUR 329,846.83 386,415.59 0.43%

NL0012059018 EXOR NV ODSH EXOR NV COM IT EUR 121,136.59 141,911.52 0.16%

NL0012969182 ADYEN ODSH ADYEN COM NL EUR AAA 13,379.69 15,674.31 0.02%

NL00150001Q9 STELLANTIS ODSH STELLANTIS COM IT EUR 45,108.67 52,844.81 0.06%

PG0008579883 OIL SEARCH ODSH OIL SEARCH COM AU AUD AAA 268,543.26 194,983.52 0.22%

SE0000242455 SWEDBANK AB ODSH SWEDBANK AB COM SE SEK AAA 1,371,526.74 158,671.94 0.18%

SE0005190238 TELE2 ODSH TELE2 COM SE SEK AAA 1,233,835.66 142,742.46 0.16%

SE0007100581 ASSA ABLOY ODSH ASSA ABLOY COM SE SEK AAA 197,054.92 22,797.28 0.03%

US02079K1079 ALPHABET ODSH ALPHABET COM US USD AAA 2,858.30 2,858.30 0.00%

US0231351067 AMAZON.COM ODSH AMAZON.COM COM US USD AAA 10,296.88 10,296.88 0.01%

US0378331005 APPLE ODSH APPLE COM US USD AAA 643,163.41 643,163.41 0.72%

US0605051046 BOFAML ODSH BOFAML COM US USD AAA 38,761.05 38,761.05 0.04%

US0846707026 BERKSHIRE ODSH BERKSHIRE COM US USD AAA 5,920,595.89 5,920,595.89 6.64%

US1912161007 COCA-COLA ODSH COCA-COLA COM US USD AAA 49,082.91 49,082.91 0.06%

US2855121099 ELECTRONIC ARTS ODSH ELECTRONIC ARTS COM US USD AAA 4,165.02 4,165.02 0.00%

US30303M1027 FACEBOOK ODSH FACEBOOK COM US USD AAA 1,060.96 1,060.96 0.00%

US38141G1040 ODSH GOLDMAN SACHS COM US USD AAA 10,965.44 10,965.44 0.01%

US4461501045 HUNTINGTON BANC ODSH HUNTINGTON BANC COM US USD AAA 228,833.48 228,833.48 0.26%

US46625H1005 JP MORGAN ODSH JP MORGAN COM US USD AAA 33,979.41 33,979.41 0.04%

US4851703029 KC SOUTHERN ODSH KC SOUTHERN COM US USD AAA 58,142.38 58,142.38 0.07%

US5949181045 MICROSOFT ODSH MICROSOFT COM US USD AAA 702,164.76 702,164.76 0.79%

US6174464486 MORGAN STANLEY ODSH MORGAN STANLEY COM US USD AAA 2,528,861.04 2,528,861.04 2.84%

US6541061031 NIKE ODSH NIKE COM US USD AAA 633,717.80 633,717.80 0.71%

US67066G1040 NVIDIA ODSH NVIDIA COM US USD AAA 102,216.04 102,216.04 0.11%

US7445731067 PSEG ODSH PSEG COM US USD AAA 68,544.24 68,544.24 0.08%

US8085131055 CHARLES SCHWAB ODSH CHARLES SCHWAB COM US USD AAA 2,137,900.26 2,137,900.26 2.40%

US912796G780 UST BILL 10/28/21 US TREASURY GOV US USD AAA 430,231.61 430,231.61 0.48%

US912810SW99 UST 1.875 02/15/41 US TREASURY GOV US USD AAA 79,845.11 79,845.11 0.09%

US9694571004 WILLIAMS ODSH WILLIAMS COM US USD AAA 4,784.64 4,784.64 0.01%

US9839191015 XILINX ODSH XILINX COM US USD AAA 5,986.93 5,986.93 0.01%

Total: 89,197,433.44 100.00% Counterparts

Number of counterparties with exposure exceeding 3% of the Fund's NAV

No. Major Name Market Value

1 HSBC BANK PLC (PARENT) 59,301,090.63

Top 5 borrowers in last Month

No. Counterparty Market Value

1 HSBC BANK PLC (PARENT) 42,199,301.41

2 MIZUHO SECURITIES CO LTD (PARENT) 14,708,314.83

3 BANK OF NOVA SCOTIA (PARENT) 1,736,159.09

4 UBS AG 1,188,773.67

5 CREDIT SUISSE AG DUBLIN BRANCH (PARENT) 250,026.28