Prices and Performance

Prices and Performance
As of 3/31/2019

Equity

Fund YTD 3 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 8.62% 8.62% -4.13% -19.18% 6.68% –– –– 4.24% 11/11/2014 2.36% 0.91%
MSCI AC Asia ex Japan Small Cap Index 8.54% 8.54% -0.53% -11.29% 5.55% –– –– 2.03%   –– ––
HSBC Frontier Markets Fund 10.63% 10.63% 5.47% -13.84% 5.71% 0.76% –– 6.51% 9/6/2011 4.81% 1.50%
MSCI Frontier Markets Net 6.90% 6.90% 2.29% -14.81% 7.20% 0.93% –– 5.26%   –– ––
HSBC Opportunity Fund 16.26% 16.26% -6.90% 2.32% 15.01% 7.19% 16.15% 10.76% 9/3/1996 1.39% 1.10%
Russell 2500™ Growth Index 18.99% 18.99% -4.90% 7.54% 15.60% 9.72% 17.50% ––   –– ––

Fixed Income

Fund YTD 3 MO 6 MO 1 YR 3 YR 5 YR 10 YR Since Inc. Inc. Date Gross Exp. Net Exp.
HSBC Emerging Markets Debt Fund 4.74% 4.74% 4.70% -3.65% 3.86% 3.62% –– 4.84% 4/7/2011 2.01% 0.50%
EMBIG/GBI-EM Blend 4.76% 4.76% 5.24% -2.11% 4.30% 2.05% –– 2.70%   –– ––
HSBC Strategic Income Fund* 5.47% 5.47% 3.95% 4.22% 4.80% –– –– 4.03% 7/14/2015 2.44% 0.80%
Bloomberg Barclays US Aggregate Bond Index 2.94% 2.94% 4.63% 4.48% 2.03% 2.74% 3.77% 2.68%   –– ––
Bloomberg Barclays High Income Bond Composite Index 5.63% 5.63% 4.63% 5.09% 5.63% –– –– 5.26%   –– ––
HSBC High Yield Fund* 5.76% 5.76% 2.11% 3.92% 6.31% –– –– 4.35% 7/14/2015 2.25% 0.83%
ICE BofA Merrill Lynch U.S. High Yield Constrained Index 7.40% 7.40% 2.39% 5.93% 8.68% 4.70% 11.21% 5.79%   –– ––
ICE BofA Merrill Lynch Global High Yield 6.80% 6.80% 3.87% 5.79% 7.80% 5.20% 10.84% 5.87%   –– ––

Money Market

Fund YTD 3 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 0.58% 0.58% 1.12% 2.01% 1.12% 0.69% 0.37% –– 12/24/2003 0.18% 0.14%
HSBC U.S. Treasury Money Market Fund 0.56% 0.56% 1.10% 1.97% 1.06% 0.65% 0.33% 1.07% 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.