HSBC Strategic Income Fund*

As of 3/31/2019

Quality Distribution

Quality Distribution Fund information and comparison to Benchmark (if available)
Quality Fund
AAA 5.0%
AA --
A 2.5%
BBB 40.6%
BB 25.6%
B 16.7%
CCC 0.6%
CC --
C --
D 0.1%
Unrated 0.7%
Cash 8.2%
Ratings AAA through BBB are considered investment grade, while ratings BB through D are considered not investment grade.

Top Ten Countries

Top ten countries in Fund.
Country Fund
United States 57.9%
United Kingdom 5.0%
Canada 4.4%
France 2.2%
Ireland 1.7%
Argentina 1.7%
Mexico 1.4%
India 1.4%
Brazil 1.4%
Turkey 1.4%

Sector Allocation

Sector allocation information for Fund and comparison to Benchmark (if available)
Sector Name Fund
Banking 16.3%
Basic Industry 13.3%
Energy 10.9%
Foreign Sovereign 7.7%
Sovereign 5.7%
Telecommunications 4.9%
Media 4.4%
Technology & Electronics 4.0%
Leisure 3.7%
Healthcare 3.4%

*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.
**Prior to April 1, 2019, the Fund's benchmark was the Bloomberg Barclays High Income Bond Composite Index.