HSBC Strategic Income Fund*

As of 8/31/2019

Quality Distribution

Quality Distribution Fund information and comparison to Benchmark (if available)
Quality Fund
AAA 6.1%
A 0.9%
BBB 42.3%
BB 29.1%
B 14.7%
CCC 3.4%
D 0.0%
Unrated 0.2%
Cash 3.1%
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 75.0%
United Kingdom 4.3%
Ireland 2.3%
Canada 2.1%
Mexico 1.4%
Turkey 1.4%
Luxembourg 1.4%
Oman 1.3%
France 1.3%
Saudi Arabia 0.8%

Sector Allocation

Sector allocation information for Fund and comparison to Benchmark (if available)
Sector Name Fund
Banking 11.9%
Energy 11.5%
Basic Industry 11.0%
Capital Goods 7.4%
Sovereign 6.1%
Automotive 4.9%
Financial Services 4.9%
Technology & Electronics 4.8%
Media 4.3%
Telecommunications 4.2%

*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.