HSBC Frontier Markets Fund

Fund Holdings

Asset Allocation

% Long % Net
Cash 2.67 2.67
Stocks 6.14 6.14
Bonds 0.0 0.0
Other 0.06 0.06
Foreign Bonds 2.01 2.01
Foreign Stocks 87.39 87.39
Convertible 0.0 0.0
Preferred 1.72 1.72

Updated 10.31.2013

Top 10 Holdings

Performance as of 02.28.2014

Portfolio as of 10.31.2013

Ticker YTD Return % % Net Assets
Emaar Properties PJSC EMAAR --- 3.84
Qatar National Bank SAQ QNBK --- 3.42
Industries Qatar JSC IQCD --- 2.88
Ooredoo Q.S.C. ORDS --- 2.76
Bank of Georgia Holdings PLC BGEO --- 2.69
Credicorp Ltd BAP -2.7 2.64
Samba Fin Grp P-Note --- --- 2.57
BankMuscat (SAOG) BKMB --- 2.33
Kuwait Projects Company Holding KSC KPROJ --- 2.31
DP World Ltd DPW --- 2.2