HSBC Frontier Markets Fund

Fund Holdings

Asset Allocation

% Long % Net
Cash 6.12 6.12
Stocks 4.51 4.51
Bonds 0.0 0.0
Other 0.04 0.04
Foreign Bonds 1.95 1.95
Foreign Stocks 85.99 85.99
Convertible 0.0 0.0
Preferred 1.39 1.39

Updated 01.31.2014

Top 10 Holdings

Performance as of 06.30.2014

Portfolio as of 01.31.2014

Ticker % Net Assets
Emaar Properties PJSC EMAAR 3.57
Qatar National Bank SAQ QNBK 3.29
Ooredoo QSC ORDS 2.86
Industries Qatar JSC IQCD 2.84
Bank of Georgia Holdings PLC BGEO 2.81
Engro Corporation Ltd ENGRO 2.7
D G Khan Cement Ltd. DGKC 2.63
Union National Bank UNB 2.62
Samba Fin Grp P-Note --- 2.46
Kuwait Projects Company Holding KSC KPROJ 2.31