HSBC Strategic Income Fund*

As of 5/31/2019

Quality Distribution

Quality Distribution Fund information and comparison to Benchmark (if available)
Quality Fund
AAA 6.9%
AA --
A 2.2%
BBB 39.9%
BB 30.8%
B 15.6%
CCC 2.3%
CC
C
D 0.1%
Unrated 0.0%
Cash 2.1%
Ratings AAA through BBB are considered investment grade, while ratings BB through D are considered not investment grade.

Sector Allocation

Sector allocation information for Fund and comparison to Benchmark (if available)
Sector Name Fund
Basic Industry 13.9%
Banking 12.2%
Energy 11.8%
Sovereign 6.9%
Capital Goods 5.8%
Technology & Electronics 5.0%
Foreign Sovereign 4.8%
Automotive 4.7%
Healthcare 4.5%
Media 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.