Prices and Performance

Prices and Performance
As of 12/31/2019

Equity

Fund YTD 3 MO 6 MO 1 YR 3 YR 5 YR 10 YR Since Inc. Inc. Date Gross Exp. Net Exp.
HSBC Frontier Markets Fund 14.29% 4.66% -1.47% 14.29% 3.69% 1.55% –– 5.99% 9/6/2011 5.16% 1.85%
MSCI Select Frontier and Emerging Markets Capped Index 14.80% 5.17% 2.52% 14.80% 8.44% 2.94% –– 5.58%   –– ––
MSCI Frontier Markets Net 18.34% 6.64% 5.53% 18.34% 4.34% 3.07% –– 6.06%   –– ––
HSBC Opportunity Fund 33.85% 14.10% 10.86% 33.85% 16.47% 8.96% 13.01% 10.17% 9/23/1996 5.37% 1.65%
Russell 2500™ Growth Index 32.65% 10.57% 7.05% 32.65% 15.17% 10.84% 14.01% 8.65%   –– ––

Fixed Income

Fund YTD 3 MO 6 MO 1 YR 3 YR 5 YR 10 YR Since Inc. Inc. Date Gross Exp. Net Exp.
HSBC Strategic Income Fund* 12.04% 2.07% 3.02% 12.04% 4.93% –– –– 4.47% 7/14/2015 2.79% 1.05%
Bloomberg Barclays US Aggregate Bond Index 8.72% 0.18% 2.45% 8.72% 4.03% 3.05% 3.75% 3.48%   –– ––
HSBC High Yield Fund* 12.45% 2.60% 4.00% 12.45% 5.15% –– –– 4.75% 7/14/2015 2.60% 0.93%
ICE BofA U.S. High Yield Constrained Index 14.41% 2.61% 3.86% 14.41% 6.32% –– –– 6.29%   –– ––

Money Market

Fund YTD 3 MO 6 MO 1 YR 3 YR 5 YR 10 YR Since Inc. Inc. Date Gross Exp. Net Exp.
HSBC U.S. Government Money Market Fund 1.61% 0.29% 0.70% 1.61% 1.05% 0.64% 0.33% 2.43% 5/3/1990 0.68% 0.31%
*On April 1, 2019, the HSBC Global High Income Bond Fund became the HSBC Strategic Income Fund. Although the fund will no longer invest in a globally diversified portfolio of higher yielding securities, the fund will invest opportunistically in investments outside of the United States, including in global asset-backed securities. On April 1, 2019, the HSBC Global High Yield Bond Fund became the HSBC High Yield Fund. Although the fund will no longer invest in a globally diversified portfolio of high yield securities, the fund will invest opportunistically in investments outside of the United States.