HSBC Global Asset Management - HSBC U.S. Treasury Money Market Fund - D Shares

Monthly Performance returns as of 10/31/2019

		1 MO	3 MO	6 MO	1 YR	3 YRS	5 YRS	10 YRS	Inception (5/14/2001)	Gross Exp.	Net Exp.
	HSBC U.S. Treasury Money Market Fund - without sales charge	0.12%	0.38%	0.85%	1.79%	1.08%	0.65%	0.33%	1.00%	0.54%	0.26%

Performance for the Fund reflects the expense ratio as reported in the prospectus dated February 28, 2018. HSBC Global Asset Management (USA) Inc., the Fund’s investment adviser has entered into a contractual expense limitation agreement with the Fund under which it will limit total expenses of the Fund (excluding interest, tax, brokerage commissions, extraordinary expenses and estimated indirect expenses attributable to the Fund’s investments in investment companies) to an annual rate of 0.53%. The expense limitation agreement is effective until March 1, 2019.

Quarterly Performance returns as of 9/30/2019

		1 MO	3 MO	6 MO	1 YR	3 YRS	5 YRS	10 YRS	Inception (5/14/2001)	Gross Exp.	Net Exp.
	HSBC U.S. Treasury Money Market Fund - without sales charge	0.13%	0.42%	0.89%	1.82%	1.04%	0.62%	0.31%	1.00%	0.54%	0.26%

Calendar Year Total Returns

Total returns table by year descending
Annual Returns for Years Ended:	Without Sales Charge
12/31/2018	1.36%
12/31/2017	0.40%
12/31/2016	0.00%
12/31/2015	0.00%
12/31/2014	0.01%
12/31/2013	0.00%
12/31/2012	0.00%
12/31/2011	0.01%
12/31/2010	0.01%
12/31/2009	0.04%
12/31/2008	1.03%
12/31/2007	4.12%
12/31/2006	4.12%
12/31/2005	2.35%
12/31/2004	0.70%

Yields

	7 Day Average Yield	7 Day Effective	30 Day Average Yield	30 Day Effective	Yield Quote as of:
HSBC U.S. Treasury Money Market Fund Class D	1.26%	1.27%	1.31%	1.32%	11/13/2019