HSBC Strategic Income Fund*

As of April 1, 2019, the benchmark is the Bloomberg Barclays US Aggregate Bond Index. Prior to that date, the benchmark was the Bloomberg Barclays High Income Bond Composite Index.

Monthly Performance returns as of 3/31/2019

1
MO
3
MO
6
MO
1
YR
3
YRS
Inception (7/14/2015) Gross Exp. Net Exp.
HSBC Strategic Income Fund* - without sales charge 1.60% 5.47% 3.95% 4.22% 4.80% 4.03% 0.80% 0.80%
Bloomberg Barclays US Aggregate Bond Index 1.92% 2.94% 4.63% 4.48% 2.03% 2.68% n/a n/a
Bloomberg Barclays High Income Bond Composite Index 1.66% 5.63% 4.63% 5.09% 5.63% 5.26% n/a n/a
Performance for the Fund reflects the expense ratio as reported in the prospectus dated February 28, 2018. HSBC Global Asset Management (USA) Inc., the Fund’s investment adviser has entered into a contractual expense limitation agreement with the Fund under which it will limit total expenses of the Fund (excluding interest, tax, brokerage commissions, extraordinary expenses and estimated indirect expenses attributable to the Fund’s investments in investment companies) to an annual rate of 0.80%. The expense limitation agreement is effective until March 1, 2019.
 

Quarterly Performance returns as of 3/31/2019

1
MO
3
MO
6
MO
1
YR
3
YRS
Inception (7/14/2015) Gross Exp. Net Exp.
HSBC Strategic Income Fund* - without sales charge 1.60% 5.47% 3.95% 4.22% 4.80% 4.03% 0.80% 0.80%
Bloomberg Barclays US Aggregate Bond Index 1.92% 2.94% 4.63% 4.48% 2.03% 2.68% n/a n/a
Bloomberg Barclays High Income Bond Composite Index 1.66% 5.63% 4.63% 5.09% 5.63% 5.26% n/a n/a
Performance for the Fund reflects the expense ratio as reported in the prospectus dated February 28, 2018. HSBC Global Asset Management (USA) Inc., the Fund’s investment adviser has entered into a contractual expense limitation agreement with the Fund under which it will limit total expenses of the Fund (excluding interest, tax, brokerage commissions, extraordinary expenses and estimated indirect expenses attributable to the Fund’s investments in investment companies) to an annual rate of 0.80%. The expense limitation agreement is effective until March 1, 2019.

*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.