Prices and Performance

Prices and Performance
As of 7/31/2019

Equity

Fund YTD 1 MO 6 MO 1 YR 3 YR 5 YR 10 YR Since Inc. Inc. Date Gross Exp. Net Exp.
HSBC Asia ex-Japan Smaller Companies Equity Fund 0.87% -3.65% -3.25% -18.23% 0.89% –– –– 2.32% 11/11/2014 2.36% 0.91%
MSCI AC Asia ex Japan Small Cap Index 2.39% -2.80% -1.53% -10.62% 2.41% -0.33% –– 0.64%   –– ––
HSBC Frontier Markets Fund 16.26% 0.08% 9.70% 2.31% 4.71% 0.31% –– 6.89% 9/6/2011 4.81% 1.50%
MSCI Select Frontier and Emerging Markets Capped Index 14.02% 1.82% 8.92% 5.94% 7.84% 0.51% –– 5.79%   –– ––
MSCI Frontier Markets Net 14.98% 2.53% 9.76% 4.05% 9.15% -0.25% –– 6.00%   –– ––
HSBC Opportunity Fund 22.27% 1.17% 10.16% 0.25% 13.89% 8.70% 14.20% 10.84% 9/3/1996 1.39% 1.10%
Russell 2500™ Growth Index 25.85% 1.56% 12.46% 5.81% 14.51% 11.47% 14.99% ––   –– ––

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 Emerging Markets Debt Fund 10.58% 0.85% 5.36% 7.56% 3.69% 3.80% –– 5.32% 4/7/2011 2.01% 0.50%
EMBIG/GBI-EM Blend 10.82% 1.04% 5.61% 9.20% 4.49% 2.36% –– 3.29%   –– ––
HSBC Strategic Income Fund* 9.69% 0.69% 6.58% 8.38% 4.39% –– –– 4.71% 7/14/2015 2.44% 0.80%
Bloomberg Barclays US Aggregate Bond Index 6.35% 0.22% 5.23% 8.08% 2.17% 3.05% 3.75% 3.29%   –– ––
HSBC High Yield Fund* 9.23% 0.78% 5.32% 6.25% 5.46% –– –– 4.83% 7/14/2015 2.25% 0.83%
ICE BofA Merrill Lynch Global High Yield 10.87% 0.77% 6.72% 8.73% 6.78% 5.58% 8.71% 6.35%   –– ––

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 1.36% 0.19% 1.16% 2.22% 1.35% 0.84% 0.44% –– 12/24/2003 0.18% 0.14%
HSBC U.S. Treasury Money Market Fund 1.31% 0.18% 1.12% 2.17% 1.30% 0.79% 0.40% 1.09% 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.