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The volatility-targeting feature may cause AiMAX to perform poorly during certain market conditions. If you are looking for value rather than style, then the Rolec is temptingly priced. The EVIOS offers a degree of futureproofing if you have solar or intend to install it, and the option to allocate costs to users. 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. AiMAX’s level may be determined by reference to historical ETF total return levels if the AI models become unavailable. 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.

No assurance can be given that AiMAX will maintain a realized volatility that approximates the Target Volatility, and the actual realized volatility of AiMAX may be greater or less than the Target Volatility. AiMAX seeks to maintain a realized volatility approximately equal to the Target Volatility of 5% by rebalancing its exposures to the Portfolio on each day based on two measures of realized volatility. However, there is no guarantee that trends exhibited by any such measures will continue in the future. 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 membersAiMAX 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. AiMAX varies its exposure to the Portfolio. As a result, exposure to the Portfolio may be limited and the performance of AiMAX may be adversely affected.

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. 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.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: 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. The Index is an excess return index, which reflects the Index return less the cost of funds, an index maintenance fee of 0.75% per annum, subtracted daily, and a transaction cost of 0.02%, deducted daily.

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. By maintaining our commitment to these principles, we will ensure that we respect the inherent trust that you place in HSBC. References to the 'HSBC Group' means HSBC Holdings plc, its subsidiaries and associated companies from time to time.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 If you have solar power integration at home the charger can be told to only take the ‘free’ energy being generated by your panels and won’t top your car up from the grid. All of the chargers we tested had built-in timers which let you take advantage of cheaper overnight electricity tariffs as well. Your personal data may be disclosed or transferred worldwide to agents or third parties authorised to act on our behalf or other members of the HSBC Group or to third parties including our subcontractors, for the purposes of: providing services to the company/organisation that you represent and/or for servicing and/or developing our relationship with that company/organisation or you, verifying your identity, preventing and detecting crime and complying with appropriate governmental and non-governmental regulators or ombudsman.