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Overview

HSBC Investor Mid Cap Fund

What the Fund invests In

The Fund seeks to achieve a higher rate of return than that generated by the S&P MidCap 400 by investing at least 80% of its total assets in stocks of mid-sized companies with market capitalization, at time of acquisition, falling within the range of the S&P MidCap 400.

Fund Management

On April 18, 2005, Munder Capital Management became the sub-adviser for the Fund. With approximately $30.8 billion in assets under management, Munder uses the team approach to investing.

*Assets and accounts under management information is as of June 30, 2008.

Consider Investing in the Fund if you are

Seeking a long-term goal such as retirement
Looking to add a mid-cap growth component to your investment portfolio
Willing to accept higher risks of investing in the stock market

The Fund will not be appropriate for anyone

Seeking monthly income
Pursuing a short-term goal or investing emergency reserves
Seeking safety of principal

Fund Facts

Class	Cusip	Ticker	Sales Charges
A	404281800	HMIAX	5%
B	404281701	HMIBX	4%
C	404281602	HSMIX	1%
I	404281503	HMCTX	0%

Distributor: Foreside Distribution Services, LP

HSBC Global Asset Management (USA) Inc. is the investment advisor to the HSBC Investor Funds and receives a fee for its services.

Securities Products are:

Not a bank deposit or obligation of the bank or any of its affiliates
Not FDIC insured
Not insured by any federal government agency
Not guaranteed by the bank of any of its affiliates
May lose value

These Funds may not be available for sale in all states. Contact your investment advisor concerning if/how you can purchase these Funds.

There is no guarantee that the Fund will continue to hold any one particular security or stay invested in any one particular company. The composition of the Fund's top holdings is subject to change. Performance figures are historical and reflect the change in share price, reinvested distributions, changes in net asset value, sales charges and capital gains distributions, if any.

During the period shown, portions of the investment advisory and shareholder servicing fees were waived. Had these waivers not been in effect, the performance quoted would have been lower.

An investor should consider the fund's investment objectives, risks, and charges and expenses carefully before investing or sending money. This and other important information about the investment company can be found in the fund's prospectus. To obtain a prospectus, please call 1-800-782-8183. Please read the prospectus carefully before investing or sending money.