HSBC Frontier Markets Fund

As of 11/30/2019

Top Ten Countries

Top ten countries in Fund.
Country Fund
Vietnam 10.7%
Kuwait 10.1%
Philippines 10.0%
Morocco 9.1%
United Arab Emirates 6.6%
Bahrain 5.1%
Romania 5.1%
Kenya 5.1%
Peru 3.6%
Colombia 3.5%

Regional Allocation

Regional allocation information for Fund and comparison to benchmark (if available)
Region Fund
MENA 45.6%
Asia 24.0%
SS Africa 11.1%
Eastern Europe 10.8%
Latin America 8.6%
Cash 0.0%

Sector Allocation

Sector allocation information for Fund and comparison to Benchmark (if available)
Sector Name Fund
Financials 48.2%
Communication Services 12.5%
Real Estate 10.3%
Industrials 7.3%
Consumer Staples 5.9%
Materials 5.1%
Energy 4.7%
Health Care 2.8%
Utilities 2.2%
Information Technology 0.6%

Top Ten Holdings As of 11/30/2019

Top ten holdings for Fund
Security Name % Net Assets
AHLI UNITED BANK B.S.C 5.56%
NATIONAL BANK OF KUWAIT 4.91%
HUMAN SOFT HOLDING CO KSC 4.01%
BANCO DAVIVIENDA S.A. 3.90%
SAFARICOM LTD. 3.75%
HALYK SAVINGS BANK OF KAZAKHSTAN JSC - GDR 3.74%
AGILITY PUBLIC WAREHOUSING CO K.S.C 3.73%
BANCA TRANSILVANIA SA 3.23%
TALAAT MOUSTAFA GROUP 3.15%
DP WORLD PLC 2.90%