HSBC Strategic Income Fund*

As of 12/31/2020

Quality Distribution

Quality Distribution Fund information and comparison to Benchmark (if available)
Quality Fund
AAA 0.0%
AA 0.0%
A 7.4%
BBB 33.0%
BB 23.7%
B 28.8%
CCC 5.2%
CC 0.0%
C 0.0%
D 0.0%
Unrated -0.1%
Cash 2.1%
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 74.4%
United Kingdom 6.1%
Canada 3.5%
France 2.2%
Ireland 1.7%
Japan 1.7%
China 1.6%
Zambia 1.3%
Mexico 0.9%
Cayman Islands 0.8%

Sector Allocation

Sector allocation information for Fund and comparison to Benchmark (if available)
Sector Name Fund
Energy 12.0%
Basic Industry 11.7%
Capital Goods 9.2%
Real Estate 8.2%
Automotive 7.6%
Media 7.0%
Financial Services 7.0%
Banking 6.2%
Retail 4.4%
Transportation 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.