Prices and Performance

Prices and Performance
As of 3/31/2019

Equity

Fund YTD 3 MO 6 MO 1 YR 3 YR 5 YR 10 YR Since Inc. Inc. Date Gross Exp. Net Exp.
HSBC Asia ex-Japan Smaller Companies Equity Fund 8.66% 8.66% -4.18% -19.39% 6.31% –– –– 3.89% 11/11/2014 2.41% 1.75%
MSCI AC Asia ex Japan Small Cap Index 8.54% 8.54% -0.53% -11.29% 5.55% –– –– 2.03%   –– ––
HSBC Frontier Markets Fund 10.55% 10.55% 5.24% -14.13% 5.33% 0.40% –– 6.13% 9/6/2011 2.30% 2.25%
MSCI Select Frontier and Emerging Markets Capped Index 6.90% 6.90% 2.29% -14.81% 7.20% 0.93% –– 5.26%   –– ––
HSBC Opportunity Fund 16.16% 16.16% -7.23% 1.81% 14.45% 6.64% 15.55% 9.83% 9/23/1996 1.86% 1.65%
Russell 2500™ Growth Index 18.99% 18.99% -4.90% 7.54% 15.60% 9.72% 17.50% 8.43%   –– ––

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 4.57% 4.57% 4.51% -4.04% 3.47% 3.27% –– 4.47% 4/7/2011 3.11% 0.88%
EMBIG/GBI-EM Blend 4.76% 4.76% 5.24% -2.11% 4.30% 2.05% –– 2.70%   –– ––
HSBC Strategic Income Fund* 5.34% 5.34% 3.65% 3.87% 4.43% –– –– 3.66% 7/14/2015 1.15% 1.15%
Bloomberg Barclays US Aggregate Bond Index 2.94% 2.94% 4.63% 4.48% 2.03% 2.74% 3.77% ––   –– ––
Bloomberg Barclays High Income Bond Composite Index 5.63% 5.63% 4.63% 5.09% 5.63% –– –– 5.26%   –– ––
HSBC High Yield Fund* 5.70% 5.70% 1.95% 3.59% 5.96% –– –– 3.99% 7/14/2015 1.15% 1.15%
ICE BofA Merrill Lynch U.S. High Yield Constrained Index 7.40% 7.40% 2.39% 5.93% 8.68% 4.70% 11.21% 5.79%   –– ––
ICE BofA Merrill Lynch Global High Yield 6.80% 6.80% 3.87% 5.79% 7.80% 5.20% 10.84% 5.87%   –– ––

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 0.45% 0.45% 0.86% 1.49% 0.67% 0.41% 0.21% 2.45% 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.