HSBC Strategic Income Fund*

As of 8/31/2020

Quality Distribution

Quality Distribution Fund information and comparison to Benchmark (if available)
Quality Fund
AAA 2.9%
AA 1.6%
A 5.6%
BBB 32.2%
BB 27.5%
B 22.0%
CCC 2.7%
CC 0.0%
C 0.0%
D 0.0%
Unrated 0.1%
Cash 5.5%
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 75.4%
United Kingdom 5.2%
Canada 2.4%
Ireland 2.0%
France 1.5%
Oman 1.2%
Mexico 1.1%
Peru 1.0%
Turkey 0.8%
Australia 0.7%

Sector Allocation

Sector allocation information for Fund and comparison to Benchmark (if available)
Sector Name Fund
Energy 14.6%
Basic Industry 10.1%
Banking 8.3%
Capital Goods 7.1%
Financial Services 6.8%
Media 6.4%
Automotive 4.8%
Healthcare 4.5%
Telecommunications 4.2%
Pfd-Banking 4.0%

*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.