HSBC Emerging Markets Debt Fund

Fund Holdings

Asset Allocation

% Long % Net
Cash 4.78 4.78
Stocks 0.0 0.0
Bonds 0.52 0.52
Other 0.4 0.4
Foreign Bonds 94.3 94.3
Foreign Stocks 0.0 0.0
Convertible 0.0 0.0
Preferred 0.0 0.0

Updated 10.31.2013

Top 10 Holdings

Performance as of 02.28.2014

Portfolio as of 10.31.2013

% Net Assets
Russian Federation 7.5% 7.21
Us 10yr Note Fut Dec13 5.94
Republic Of Turkey 5.625% 4.68
United Mexican Sts Mtn Be 6.05% 4.04
United Mexican Sts Mtn Be 4% 3.07
Indonesia Rep 5.875% 2.8
Republic Of Venezuela 7.75% 2.71
Republic Of Turkey 5.125% 2.67
Petroleos Mexicanos 5.5% 2.42
Panama Rep 5.2% 2.15