Prices and Performance

Prices and Performance
As of 12/31/2018

Equity

Fund YTD 3 MO 6 MO 1 YR 3 YR 5 YR 10 YR Since Inc. Inc. Date Gross Exp. Net Exp.
HSBC Asia ex-Japan Smaller Companies Equity Fund -24.05% -11.82% -20.07% -24.05% 3.87% –– –– 2.05% 11/11/2014 2.41% 1.75%
MSCI AC Asia ex Japan Small Cap Index -18.63% -8.35% -12.37% 2.18% 2.18% –– –– 0.15%   –– ––
HSBC Frontier Markets Fund -19.51% -4.80% -10.64% -19.51% 1.93% -0.21% –– 4.90% 9/6/2011 2.30% 2.25%
MSCI Select Frontier and Emerging Markets Capped Index -16.20% -4.32% -6.16% -16.20% 4.58% 1.05% –– 4.48%   –– ––
HSBC Opportunity Fund -8.90% -20.14% -16.57% -8.90% 6.52% 4.15% 13.62% 9.21% 9/23/1996 1.86% 1.65%
Russell 2500™ Growth Index -7.47% -20.08% -14.35% -7.47% 8.11% 6.19% 14.76% 7.68%   –– ––
Lipper Mid-Cap Growth Funds Average -5.37% -17.64% -12.00% -5.37% 7.71% 6.05% 13.33% 8.24%   –– ––

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 Emerging Markets Debt Fund -7.40% -0.06% -0.80% -7.40% 3.54% 3.15% –– 4.01% 4/7/2011 3.11% 0.88%
EMBIG/GBI-EM Blend -5.33% 0.46% 0.49% -5.33% 5.40% 1.65% –– 2.17%   –– ––
HSBC Global High Income Bond Fund -2.96% -1.60% -0.11% -2.96% 3.70% –– –– 2.38% 7/14/2015 1.15% 1.15%
Bloomberg Barclays High Income Bond Composite Index –– –– –– –– –– –– –– ––   –– ––
HSBC Global High Yield Bond Fund -2.98% -3.54% -1.49% -2.98% 4.84% –– –– 2.63% 7/14/2015 1.15% 1.15%
ICE BofA Merrill Lynch Global High Yield -1.67% -2.74% -0.57% -1.67% 6.60% 4.41% 10.79% 4.30%   –– ––

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 1.24% 0.41% 0.74% 1.24% 0.52% 0.32% 0.17% 2.46% 5/3/1990 0.68% 0.31%
Lipper U.S. Government Money Market Funds Average 1.22% 0.41% 0.75% 1.22% 0.50% 0.30% 0.17% 2.51%   –– ––