HSBC High Yield Fund*

As of 8/31/2019

Quality Distribution

Quality Distribution Fund information and comparison to Benchmark (if available)
Quality Fund
BBB 4.1%
BB 39.0%
B 39.6%
CCC 5.9%
CC 0.0%
C 0.0%
D 0.0%
Unrated 5.0%
Cash 6.4%
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 69.7%
Canada 3.9%
Ireland 2.2%
France 2.1%
United Kingdom 2.0%
Brazil 1.8%
Germany 1.3%
Switzerland 1.0%
Turkey 0.7%
Spain 0.6%

Sector Allocation

Sector allocation information for Fund and comparison to Benchmark (if available)
Sector Name Fund
Basic Industry 11.6%
Healthcare 9.7%
Energy 9.1%
Media 8.8%
Leisure 7.6%
Telecommunications 7.2%
Banking 5.0%
Technology & Electronics 5.0%
Services 4.9%
Capital Goods 4.0%

*On April 1, 2019, the HSBC Global High Yield Bond Fund became the HSBC High Yield Fund. Although the fund will no longer invest in a globally diversified portfolio of high yield securities, the fund will invest opportunistically in investments outside of the United States.
**Prior to April 1, 2019, the fund's benchmark was the ICE BofA Merrill Lynch Global High Yield Index