HSBC Strategic Income Fund*

As of 5/31/2020

Quality Distribution

Quality Distribution Fund information and comparison to Benchmark (if available)
Quality Fund
AAA 0.1%
AA 1.8%
A 4.5%
BBB 38.7%
BB 24.7%
B 22.0%
CCC 3.0%
CC 0.3%
C 0.0%
D 0.0%
Unrated -0.1%
Cash 5.0%
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 74.2%
United Kingdom 5.7%
Canada 3.4%
Ireland 1.5%
Luxembourg 1.2%
France 1.2%
Oman 1.1%
Turkey 0.9%
Mexico 0.8%
Australia 0.8%

Sector Allocation

Sector allocation information for Fund and comparison to Benchmark (if available)
Sector Name Fund
Energy 14.8%
Banking 10.8%
Basic Industry 10.1%
Capital Goods 8.1%
Technology & Electronics 7.2%
Media 6.1%
Financial Services 5.0%
Automotive 4.8%
Telecommunications 4.4%
Healthcare 3.9%

*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.