HSBC Frontier Markets Fund

As of 6/30/2019

Top Ten Countries

Top ten countries in Fund.
Country Fund
Kuwait 14.9%
Egypt 12.9%
United Arab Emirates 11.9%
Vietnam 6.8%
Argentina 6.8%
Philippines 5.6%
Romania 5.3%
Georgia 5.2%
Bahrain 4.9%
Kazakhstan 4.4%

Regional Allocation

Regional allocation information for Fund and comparison to benchmark (if available)
Region Fund
MENA 47.0%
Eastern Europe 14.8%
Asia 14.5%
Latin America 13.5%
SS Africa 7.8%
Cash 2.4%

Sector Allocation

Sector allocation information for Fund and comparison to Benchmark (if available)
Sector Name Fund
Financials 47.0%
Industrials 12.1%
Consumer Staples 9.9%
Consumer Discretionary 8.8%
Real Estate 6.9%
Health Care 3.5%
Communication Services 3.4%
Materials 2.6%
Energy 2.5%
Information Technology 0.6%

Top Ten Holdings As of 6/30/2019

Top ten holdings for Fund
Security Name % Net Assets
NATIONAL BANK OF KUWAIT 5.36%
AHLI UNITED BANK B.S.C 4.92%
HUMAN SOFT HOLDING CO KSC 4.32%
AGILITY PUBLIC WAREHOUSING CO K.S.C 4.25%
TALAAT MOUSTAFA GROUP 3.53%
SAFARICOM LTD. 3.42%
BANCO DAVIVIENDA S.A. 3.40%
HALYK SAVINGS BANK OF KAZAKHSTAN JSC - GDR 3.18%
TBC BANK GROUP PLC 2.98%
DP WORLD PLC 2.91%