HSBC ETFs PLC - HSBC Exchange Traded Funds

HSBC ETFs PLC Annual Report and Audited Financial Statements For the year ended 31 December 2012

Contents Management and Administration ................................................................................................. 3 General Information .............................................................................................................................. 4 Reports Directors‟ Report .............................................................................................................................................. 9 Custodian‟s Report ........................................................................................................................................... 18 Independent Auditors‟ Report .......................................................................................................................... 19

Investment Managers’ Report HSBC ETFs PLC Performance ........................................................................................................................ 22 HSBC FTSE 100 ETF ....................................................................................................................................... 23 HSBC EURO STOXX 50 ETF ........................................................................................................................... 23 HSBC MSCI JAPAN ETF .................................................................................................................................. 23 HSBC FTSE 250 ETF ....................................................................................................................................... 24 HSBC S&P 500 ETF ......................................................................................................................................... 24 HSBC MSCI EUROPE ETF .............................................................................................................................. 24 HSBC MSCI USA ETF ...................................................................................................................................... 25 HSBC MSCI BRAZIL ETF ................................................................................................................................. 25 HSBC MSCI PACIFIC ex JAPAN ETF .............................................................................................................. 25 HSBC MSCI EM FAR EAST ETF ..................................................................................................................... 25 HSBC MSCI TURKEY ETF ............................................................................................................................... 26 HSBC MSCI WORLD ETF ................................................................................................................................ 26 HSBC S&P BRIC 40 ETF ................................................................................................................................. 26 HSBC MSCI CHINA ETF ................................................................................................................................. 26 HSBC MSCI SOUTH AFRICA ETF ................................................................................................................. 27 HSBC MSCI CANADA ETF ............................................................................................................................. 27 HSBC MSCI MEXICO CAPPED ETF .............................................................................................................. 27 HSBC MSCI EM LATIN AMERICA ETF .......................................................................................................... 27 HSBC MSCI INDONESIA ETF ......................................................................................................................... 28 HSBC MSCI MALAYSIA ETF .......................................................................................................................... 28 HSBC MSCI TAIWAN ETF .............................................................................................................................. 28 HSBC MSCI KOREA ETF ................................................................................................................................. 29 HSBC FTSE EPRA/NAREIT DEVELOPED ETF ............................................................................................. 29 HSBC MSCI RUSSIA CAPPED ETF ............................................................................................................... 30 HSBC MSCI EMERGING MARKETS ETF ...................................................................................................... 30

Schedules of Investments HSBC FTSE 100 ETF ....................................................................................................................................... 31 HSBC EURO STOXX 50 ETF ........................................................................................................................... 35 HSBC MSCI JAPAN ETF .................................................................................................................................. 38 HSBC FTSE 250 ETF ....................................................................................................................................... 46 HSBC S&P 500 ETF ......................................................................................................................................... 54 HSBC MSCI EUROPE ETF .............................................................................................................................. 67 HSBC MSCI USA ETF ...................................................................................................................................... 83 HSBC MSCI BRAZIL ETF ................................................................................................................................. 97 HSBC MSCI PACIFIC ex JAPAN ETF .............................................................................................................. 100 HSBC MSCI EM FAR EAST ETF ..................................................................................................................... 105 HSBC MSCI TURKEY ETF ............................................................................................................................... 117 HSBC MSCI WORLD ETF ................................................................................................................................ 118 HSBC S&P BRIC 40 ETF ................................................................................................................................. 143 HSBC MSCI CHINA ETF ................................................................................................................................. 146 HSBC MSCI SOUTH AFRICA ETF ................................................................................................................. 150

HSBC ETFs PLC

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