HSBC Frontier Markets Fund

As of 3/31/2019

Top Ten Countries

Top ten countries in Fund.
Country Fund
Egypt 14.1%
Kuwait 13.2%
United Arab Emirates 11.1%
Philippines 8.8%
Vietnam 7.8%
Argentina 6.7%
Georgia 5.3%
Romania 4.4%
Kazakhstan 4.4%
Bahrain 3.3%

Regional Allocation

Regional allocation information for Fund and comparison to benchmark (if available)
Region Fund
MENA 0.4%
Asia 0.2%
Eastern Europe 0.1%
Latin America 0.1%
SS Africa 0.1%
Cash 0.0%

Sector Allocation

Sector allocation information for Fund and comparison to Benchmark (if available)
Sector Name Fund
Financials 42.4%
Industrials 14.2%
Consumer Staples 10.2%
Consumer Discretionary 8.8%
Real Estate 8.0%
Communication Services 3.3%
Health Care 3.2%
Materials 2.9%
Energy 2.0%
Information Technology 1.0%

Top Ten Holdings As of 3/31/2019

Top ten holdings for Fund
Security Name % Net Assets
INTERNATIONAL CONTAINER TERMIN 5.56%
NATIONAL BANK OF KUWAIT 5.21%
HUMAN SOFT HOLDING CO KSC 4.63%
AGILITY PUBLIC WAREHOUSING CO K.S.C 3.71%
TALAAT MOUSTAFA GROUP 3.68%
JUHAYNA FOOD INDUSTRIES 3.59%
SAFARICOM LTD. 3.41%
AHLI UNITED BANK B.S.C 3.35%
BANCO DAVIVIENDA S.A. 3.29%
TBC BANK GROUP PLC 3.11%