HSBC Opportunity Fund

Monthly Performance returns as of 3/31/2019

1
MO
3
MO
6
MO
1
YR
3
YRS
5
YRS
10
YRS
Inception (9/3/1996) Gross Exp. Net Exp.
HSBC Opportunity Fund - without sales charge 0.24% 16.26% -6.90% 2.32% 15.01% 7.19% 16.15% 10.76% 1.00% 1.00%
Russell 2500™ Growth Index -0.25% 18.99% -4.90% 7.54% 15.60% 9.72% 17.50% n/a n/a n/a
Lipper Mid-Cap Growth Funds Average 1.10% 19.08% -1.80% 9.74% 15.01% 9.56% 15.83% n/a n/a n/a
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 1.10%. The expense limitation agreement is effective until March 1, 2019.
 

Quarterly Performance returns as of 3/31/2019

1
MO
3
MO
6
MO
1
YR
3
YRS
5
YRS
10
YRS
Inception (9/3/1996) Gross Exp. Net Exp.
HSBC Opportunity Fund - without sales charge 0.24% 16.26% -6.90% 2.32% 15.01% 7.19% 16.15% 10.76% 1.00% 1.00%
Russell 2500™ Growth Index -0.25% 18.99% -4.90% 7.54% 15.60% 9.72% 17.50% n/a n/a n/a
Lipper Mid-Cap Growth Funds Average 1.10% 19.08% -1.80% 9.74% 15.01% 9.56% 15.83% n/a n/a n/a
I Shares 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 1.10%. The expense limitation agreement is effective until March 1, 2019.

Calendar Year Total Returns

Total returns table by year descending
Annual Returns for Years Ended:
Without Sales Charge Russell 2500™ Growth Index
12/31/2018 -8.41% -7.47%
12/31/2017 30.14% 24.46%
12/31/2016 2.93% 9.73%
12/31/2015 -4.49% -0.19%
12/31/2014 7.32% 7.00%
12/31/2013 36.91% 40.65%
12/31/2012 18.90% 16.13%
12/31/2011 -0.38% -1.57%
12/31/2010 30.27% 28.86%
12/31/2009 42.04% 41.66%
12/31/2008 -40.89% -41.50%
12/31/2007 23.49% 9.69%
12/31/2006 14.73% 12.26%
12/31/2005 12.99% 8.17%
12/31/2004 11.93% 14.59%