HSBC Strategic Income Fund*

As of 1/31/2020

Quality Distribution

Quality Distribution Fund information and comparison to Benchmark (if available)
Quality Fund
AAA 2.0%
AA 0.0%
A 1.1%
BBB 41.3%
BB 26.4%
B 22.6%
CCC 2.7%
CC 0.2%
C 0.0%
D 0.0%
Unrated 0.1%
Cash 3.6%
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 73.4%
United Kingdom 5.5%
Ireland 2.3%
Canada 2.2%
France 2.0%
Mexico 1.4%
Oman 1.4%
Luxembourg 1.2%
Cayman Islands 1.0%
Turkey 0.9%

Sector Allocation

Sector allocation information for Fund and comparison to Benchmark (if available)
Sector Name Fund
Banking 13.5%
Basic Industry 11.4%
Energy 10.2%
Capital Goods 9.0%
Financial Services 6.5%
Technology & Electronics 5.0%
Automotive 5.0%
Media 4.7%
Real Estate 4.2%
Telecommunications 4.1%

*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.