<p><span style="font-size: 8pt;font-family: Arial;">The Fund aims to achieve a higher level of income and capital appreciation through investing primarily in a diversified portfolio of higher yielding fixed income securities including investment grade, non-investment grade and unrated bonds that are primarily denominated in USD, traded or issued by issuers in the Asian markets.</span></p>


HSBC Investment Funds (HK) Limited

HSBC Global Asset Management (HK) Ltd

Asia High Yield Bond

JPM ACI Non Investment Grade TR USD

Fixed Income

JPM ACI Quasi-Sovereign TR USD

JPM ACI Sovereign TR USD

JPM ACI Corp Non-Investment Grade TR USD

HIFT - HSBC Asian High Yield Bd AM2 USD

HIFT - HSBC Asian High Yield Bd AC HKD

2024

2023

2022

2021

2020

FixedIncome

CashEquivalents

India

Indonesia

China

Macao

Philippines

Hong Kong

Japan

Mongolia

Sri Lanka

Ireland

Singapore

Pakistan

Other countries

Unclassified

Bond - Corporate Bond

Bond - Gov't/Treasury

Bond - Gov't Agency Debt

Mutual Fund - Open End

Bond - Treasury Future

HSBC US Dollar Liquidity Y

Perusahaan Penerbit Surat Berharga Syariah Indonesia III 5.65%

GLP China Holdings Ltd. 2.95% (2026-03-29 Maturity)

Fortune Star (BVI) Limited 8.5%

Minejesa Capital BV 5.625% (2037-08-10 Maturity)

Vedanta Resources Finance II PLC 10.875%

Kawasan Industri Jababeka Tbk PT 8% (2027-12-15 Maturity)

San Miguel Global Power Holdings Corp. 8.75% (2049-12-31 Maturity)

Golomt Bank JSC 11% (2027-05-20 Maturity)

Melco Resorts Finance Limited 5.375% (2029-12-04 Maturity)