HSBC Frontier Markets Fund

As of 8/31/2019

Top Ten Countries

Top ten countries in Fund.
Country Fund
Kuwait 14.1%
Egypt 13.9%
United Arab Emirates 12.6%
Philippines 7.9%
Vietnam 6.7%
Bahrain 5.6%
Romania 5.4%
Kenya 4.6%
Georgia 4.5%
Colombia 4.0%

Regional Allocation

Regional allocation information for Fund and comparison to benchmark (if available)
Region Fund
MENA 49.0%
Asia 16.2%
Eastern Europe 14.7%
SS Africa 8.9%
Latin America 8.6%
Cash 2.6%

Sector Allocation

Sector allocation information for Fund and comparison to Benchmark (if available)
Sector Name Fund
Financials 47.5%
Consumer Staples 11.5%
Industrials 10.9%
Consumer Discretionary 9.6%
Real Estate 7.4%
Health Care 4.1%
Communication Services 3.7%
Materials 1.4%
Information Technology 0.6%
Energy 0.6%

Top Ten Holdings As of 8/31/2019

Top ten holdings for Fund
Security Name % Net Assets
AHLI UNITED BANK B.S.C 5.61%
NATIONAL BANK OF KUWAIT 5.04%
HUMAN SOFT HOLDING CO KSC 4.58%
BANCO DAVIVIENDA S.A. 4.03%
TALAAT MOUSTAFA GROUP 3.99%
SAFARICOM LTD. 3.59%
HALYK SAVINGS BANK OF KAZAKHSTAN JSC - GDR 3.32%
AGILITY PUBLIC WAREHOUSING CO K.S.C 3.22%
DP WORLD PLC 3.03%
JUHAYNA FOOD INDUSTRIES 2.72%