HSBC Strategic Income Fund*

As of 7/31/2019

Quality Distribution

Quality Distribution Fund information and comparison to Benchmark (if available)
Quality Fund
AAA 6.4%
AA 0.0%
A 0.9%
BBB 42.3%
BB 28.7%
B 18.6%
CCC 2.4%
CC
C
D 0.0%
Unrated 0.9%
Cash -0.2%
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 76.6%
United Kingdom 4.3%
Ireland 3.1%
Canada 2.2%
Argentina 1.6%
Turkey 1.4%
Mexico 1.4%
Oman 1.4%
France 1.3%
Egypt 0.7%


*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.