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Solactive AG has the authority to determine whether certain events affecting AiMAX have occurred including, but not limited to, events affecting the reference rate or the ETF constituents of the Portfolio. AiMAX was launched on January 26, 2021 and therefore has limited historical performance. As a result, limited actual historical performance information is available for you to consider in making an independent investigation of AiMAX, which may make it more difficult for you to evaluate the historical performance of AiMAX and make an informed investment decision than would be the case if AiMAX had a longer trading history. HSBC will only collect the information that it believes to be relevant and required to understand the customer's financial needs and to conduct HSBC's business. The method by which AiMAX reweights the ETFs and the reallocation period may negatively affect the level of AiMAX. The 2022 survey asked electric car owners who have wallbox chargers at home what they thought of them. Those surveyed answered questions across nine categories to bring you the best real-world insights on how some of the most popular chargers performed. The chargers were scored on criteria including ease of use, charging cost, reliability and customer service and the top three units are listed below.
Solactive AG is the administrator and calculation agent of AiMAX. The financial instruments that are based on AiMAX are not sponsored, endorsed, promoted or sold by Solactive AG in any way and Solactive AG makes no express or implied representation, guarantee or assurance with regard to: (a) the advisability in investing in the financial instruments; (b) the quality, accuracy and/or completeness of AiMAX; and/or (c) the results obtained or to be obtained by any person or entity from the use of AiMAX. Solactive AG does not guarantee the accuracy and/or the completeness of AiMAX and shall not have any liability for any errors or omissions with respect thereto. Solactive AG reserves the right to change the methods of calculation or publication and Solactive AG shall not be liable for any miscalculation of or any incorrect, delayed or interrupted publication with respect to AiMAX. Solactive AG shall not be liable for any damages, including, without limitation, any loss of profits or business, or any special, incidental, punitive, indirect or consequential damages suffered or incurred as a result of the use (or inability to use) of AiMAX. The features you need will determine which kind of home EV charger is best for you, but we were after the best combination of value, quality, style and usability.
The exposures to the ETFs are purely notional and will exist solely in the records maintained by or on behalf of Solactive AG. There is no actual portfolio of assets to which any person is entitled or in which any person has any ownership interest. Consequently, you will not have any claim against any of the ETFs that are referenced by AiMAX. In the case of investments for which there is not a recognised market it may be difficult for investors to sell their investment or to obtain reliable information about its value or the extent of the risks to which it is exposed. Interest by HSBC group members References to the 'HSBC Group' means HSBC Holdings plc, its subsidiaries and associated companies from time to time. Following an extraordinary event described in AiMAX’s methodology, such as an ETF being delisted, liquidated or otherwise terminated, that ETF will be replaced by a successor ETF whose underlying commodities are same as those of the replaced ETF or whose underlying index is the same as used in the replaced ETF or an index using, in Solactive AG’s determination, the same or a substantially similar method of calculation as for the underlying index for the replaced ETF. There can be no assurance that such a replacement will not have a material adverse effect on the levels of AiMAX. All HSBC group companies, or HSBC staff and all third parties with permitted access to the information are specifically required to observe HSBC's confidentiality obligations.
Potential investors in any financial instrument of which AiMAX is an underlying need to be aware that any determination or calculation made by Solactive AG may affect the level of AiMAX and, as appropriate, the performance of any instruments linked to the performance of AiMAX. Solactive AG has no obligation to consider the interest of investors in any such instruments when making any determination or calculation. Such discretion in the decisions taken by Solactive AG (in the absence of manifest or proven error) are binding on all investors and holders of such instruments. Note that particular products and services provided by any member of the HSBC Group may have their own terms and conditions which will form the legal agreement between you and that member of the HSBC Group. You should carefully read such terms and conditions before obtaining the product or service from that member of the HSBC Group.
HSBC will not disclose the information to any external organisation unless HSBC have customer consent or are required by law or have previously informed the customer. Hive offers two home chargers that integrate with its home ecosystem of heating and electrical devices. These are all linked and operated via an app. The first charger is a rebranded (and more expensive) version of the EO Mini Pro, while the cheaper unit is this older Alfen Eve S-Line. References to ' HSBCnet E-Channel Terms and Conditions' are references to the terms and conditions which govern the use of the HSBC net E-Channel. Before you make any decision or take any action that might affect you or your personal finances or business, you should always consult a suitably qualified professional adviser(s) to obtain appropriate financial, legal, accounting, tax and other advice. Investment performance AiMAX’s level may be determined by reference to historical ETF total return levels if the AI models become unavailable.
It’s certainly good value – especially when you take advantage of offers from British Gas – but it’s not the prettiest, resembling a hand dryer, and it’s bigger than the other chargers in the test. The benefits come when you integrate with the Hive app to automatically charge when it’s cheapest. But if you don’t need the Hive functions, there are better chargers. Choosing an EV charger can feel even more complicated than buying a new car, with different manufacturers signing up with preferred partners to offer discounts and try to make the process as easy for customers as possible. It’s always worth shopping around and giving yourself more choice on charger spec and potentially saving some money in the process. Driver Power 2022 home EV chargers verdict The strategy of the AI models and return forecasting, and therefore AiMAX, is not guaranteed to be successful. It is impossible to predict whether and the extent to which any ETFs comprising the Portfolio will yield positive or negative results. AiMAX is an excess return index. The return of AiMAX is determined by reference to the performance of the Portfolio (as adjusted based on the applicable exposure) in excess of the performance of a reference rate, the USD 3-month LIBOR rate. The level of AiMAX also reflects an embedded index fee of 0.75% per annum, deducted daily, and a transaction cost of 0.02% of the relevant change in the composition of the Portfolio and/or exposure of AiMAX to the Portfolio, as applicable, deducted every time such composition or exposure is adjusted, which is expected to occur daily. The performance of the reference rate, the embedded fees and the transaction cost will offset, in whole or in part, any positive performance and increase any negative performance of AiMAX. As a result, any return on AiMAX may be reduced or eliminated. When AiMAX is uninvested (i.e. the exposure to the Portfolio is less than 100%), the negative effect of the embedded fees and the transaction cost will be magnified, and the return on AiMAX may be negative even while the level of the Portfolio increases.The above exclusions apply to any damage which is direct, indirect, special, incidental or consequential or consists of loss of profits, business, opportunity or data. All of the above exclusions apply even if you have advised us or any other member of the HSBC Group of the possibility of the above types of damage, loss or liability. Nothing in these terms shall exclude or limit the liability of any member of the HSBC Group in relation to fraud, personal injury or death. Country clauses
HSBC's business has been built on trust between us and our customers. To preserve the confidentiality of all information you provide to us, we commit to the following in relation to such information: HSBC may sell securities to or buy them from customers on a principal basis and may also perform or seek to perform investment banking or underwriting services for or relating to those companies. This material may not be reproduced or further distributed, in whole or in part, for any purpose. No warranties Some wallbox chargers have built-in screens, which show the settings and the energy being supplied. While this is easier than using an app, it can also be unsightly on the front of a house at night and may attract unwanted attention. How we tested them A discontinuance of LIBOR or a change in its method of calculation could have a material adverse effect on the level of AiMAX. It is currently anticipated that the USD 3-month LIBOR rate will cease publication after June 30, 2023. If Solactive AG determines that USD 3-month LIBOR is no longer representative or has been discontinued, it will substitute for USD 3-month LIBOR an industry-accepted substitute or successor rate, including any adjustment to or related spread on such substitute or successor rate. The performance of AiMAX will be reduced by the performance of the reference rate and the embedded fees.The Portfolio composition and weighting is based on AI models; the strategies and views implicit in such models and in AiMAX are not guaranteed to succeed. Crafted from smooth suede, these sneakers are accented with layered fabric with frayed edges that nod to this season’s deconstructed trend. Breathable mesh panels are added to encourage air flow around the foot to keep you cool and comfortable, while utility-style laces deliver the perfect fit. Nike’s famous logo detailing can be found on the heel, while their exclusive Air unit is fitted in the sole for optimised comfort and bounce. Nicely rounded off with a toothy tread for grip whatever the weather, these sneakers are destined to be your new favourites. AiMAX, on each day on which it is calculated, adjusts its exposure to the Portfolio in an attempt to maintain a historical volatility approximately equal to the Target Volatility. If the exposure to the Portfolio is less than 100%, AiMAX will include an uninvested position that does not earn interest or any other return. AiMAX may include an uninvested position even when the Portfolio is performing favorably. As a result, AiMAX may underperform a similar index that does not include an uninvested position.
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