Prices and Performance

Prices and Performance
As of 12/31/2019

Equity

Fund YTD 1 MO 6 MO 1 YR 3 YR 5 YR 10 YR Since Inc. Inc. Date Gross Exp. Net Exp.
HSBC Frontier Markets Fund 14.65% 3.38% -1.32% 14.65% 4.04% 1.90% –– 6.36% 9/6/2011 4.81% 1.50%
MSCI Select Frontier and Emerging Markets Capped Index 14.80% 3.98% 2.52% 14.80% 8.44% 2.94% –– 5.58%   –– ––
MSCI Frontier Markets Net 18.34% 4.34% 5.53% 18.34% 4.34% 3.07% –– 6.06%   –– ––
HSBC Opportunity Fund 34.29% 2.28% 11.11% 34.29% 16.98% 9.49% 13.56% 11.08% 9/3/1996 1.39% 1.10%
Russell 2500™ Growth Index 32.65% 0.93% 7.05% 32.65% 15.17% 10.84% 14.01% ––   –– ––

Fixed Income

Fund YTD 1 MO 6 MO 1 YR 3 YR 5 YR 10 YR Since Inc. Inc. Date Gross Exp. Net Exp.
HSBC Strategic Income Fund* 12.45% 1.52% 3.22% 12.45% 5.33% –– –– 4.84% 7/14/2015 2.44% 0.70%
Bloomberg Barclays US Aggregate Bond Index 8.72% -0.07% 2.45% 8.72% 4.03% 3.05% 3.75% 3.48%   –– ––
HSBC High Yield Fund* 12.88% 2.23% 4.15% 12.88% 5.51% –– –– 5.13% 7/14/2015 2.25% 0.58%
ICE BofA U.S. High Yield Constrained Index 14.41% 2.09% 3.86% 14.41% 6.32% –– –– 6.29%   –– ––

Money Market

Fund YTD 1 MO 6 MO 1 YR 3 YR 5 YR 10 YR Since Inc. Inc. Date Gross Exp. Net Exp.
HSBC U.S. Government Money Market Fund 2.13% 0.13% 0.96% 2.13% 1.56% 0.99% 0.51% –– 12/24/2003 0.18% 0.14%
HSBC U.S. Treasury Money Market Fund 2.06% 0.13% 0.92% 2.06% 1.51% 0.94% 0.47% 1.11% 12/30/2003 0.19% 0.16%
*On April 1, 2019, the HSBC Global High Income Bond Fund became the HSBC Strategic Income Fund. Although the fund will no longer invest in a globally diversified portfolio of higher yielding securities, the fund will invest opportunistically in investments outside of the United States, including in global asset-backed securities. 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.