January 10, 2013
VIA EDGAR
U.S. Securities and Exchange Commission
100 F Street, N.E.
Washington, DC 20549
Re: | HSBC Funds (the Trust) (File Nos. 033-07647 and 811-04782); | |
Prime Money Market Fund |
Ladies and Gentlemen:
The interactive data file included as an exhibit to this filing relates to the prospectus supplement for the HSBC Prime Money Market Fund that was filed with the Securities and Exchange Commission pursuant to Rule 497(e) under the Securities Act of 1933, as amended, on December 26, 2012 (Accession No. 0001206774-12-004978), which is incorporated herein by reference.
Please feel free to contact me with questions regarding this filing at 617-824-1361.
Sincerely,
/s/ Danio Mastropieri | ||
Danio Mastropieri | ||
Assistant Secretary to the Trust | ||
cc: | David Harris, Esq.-Dechert LLP |
Label | Element | Value |
---|---|---|
Prospectus [Line Items] | rr_ProspectusLineItems | |
Document Type | dei_DocumentType | Other |
Document Period End Date | dei_DocumentPeriodEndDate | Dec. 26, 2012 |
Entity Registrant Name | dei_EntityRegistrantName | HSBC FUNDS |
Entity Central Index Key | dei_EntityCentralIndexKey | 0000798290 |
Amendment Flag | dei_AmendmentFlag | false |
Document Creation Date | dei_DocumentCreationDate | Dec. 26, 2012 |
Document Effective Date | dei_DocumentEffectiveDate | Dec. 26, 2012 |
Prospectus Date | rr_ProspectusDate | Dec. 26, 2012 |
HSBC Prime Money Market Fund
|
||
Prospectus [Line Items] | rr_ProspectusLineItems | |
Strategy [Heading] | rr_StrategyHeading | Principal Investment Strategies |
Strategy Narrative [Text Block] | rr_StrategyNarrativeTextBlock | The Fund invests primarily in bank certificates of deposit, time deposits, bankers’ acceptances, prime commercial paper, corporate obligations, municipal obligations, U.S. government securities and repurchase agreements collateralized by U.S. government securities. The Fund’s investments may also include variable rate demand notes and repurchase agreements secured by collateral other than cash and U.S. government securities to the extent permitted by Rule 2a-7 of the Investment Company Act of 1940, as amended. |
Risk [Heading] | rr_RiskHeading | Principal Investment Risks |
Risk Narrative [Text Block] | rr_RiskNarrativeTextBlock | Repurchase Agreements: If the seller in a repurchase agreement defaults on its obligation to repurchase the underlying securities at a time when the value of these securities has declined, the Fund may incur a loss upon disposition of the securities. These risks are increased to the extent that a repurchase agreement is secured by collateral other than cash and U.S. government securities. There is also a risk that the seller of the agreement may become insolvent and subject to liquidation. |
Supplement [Text Block] | reaxx_SupplementTextBlock | HSBC FUNDS Supplement Dated December 26, 2012 to the The second paragraph under “HSBC Prime Money Market Fund – Summary Section – Principal Investment Strategies” on page 10 of the Prospectus is deleted and replaced with the following: The Fund invests primarily in bank certificates of deposit, time deposits, bankers’ acceptances, prime commercial paper, corporate obligations, municipal obligations, U.S. government securities and repurchase agreements collateralized by U.S. government securities. The Fund’s investments may also include variable rate demand notes and repurchase agreements secured by collateral other than cash and U.S. government securities to the extent permitted by Rule 2a-7 of the Investment Company Act of 1940, as amended. Disclosure regarding the risks of investing in repurchase agreements under “HSBC Prime Money Market Fund – Summary Section – Principal Investment Risks” on page 11 of the Prospectus is deleted and replaced with the following: Repurchase Agreements: If the seller in a repurchase agreement defaults on its obligation to repurchase the underlying securities at a time when the value of these securities has declined, the Fund may incur a loss upon disposition of the securities. These risks are increased to the extent that a repurchase agreement is secured by collateral other than cash and U.S. government securities. There is also a risk that the seller of the agreement may become insolvent and subject to liquidation. PLEASE RETAIN THIS SUPPLEMENT WITH THE |
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HSBC Prime Money Market Fund |
Principal Investment Strategies |
The Fund invests primarily in bank certificates of deposit, time deposits, bankers’ acceptances, prime commercial paper, corporate obligations, municipal obligations, U.S. government securities and repurchase agreements collateralized by U.S. government securities. The Fund’s investments may also include variable rate demand notes and repurchase agreements secured by collateral other than cash and U.S. government securities to the extent permitted by Rule 2a-7 of the Investment Company Act of 1940, as amended. |
Principal Investment Risks |
Repurchase Agreements: If the seller in a repurchase agreement defaults on its obligation to repurchase the underlying securities at a time when the value of these securities has declined, the Fund may incur a loss upon disposition of the securities. These risks are increased to the extent that a repurchase agreement is secured by collateral other than cash and U.S. government securities. There is also a risk that the seller of the agreement may become insolvent and subject to liquidation. |
HSBC FUNDS Supplement Dated December 26, 2012 to the The second paragraph under “HSBC Prime Money Market Fund – Summary Section – Principal Investment Strategies” on page 10 of the Prospectus is deleted and replaced with the following: The Fund invests primarily in bank certificates of deposit, time deposits, bankers’ acceptances, prime commercial paper, corporate obligations, municipal obligations, U.S. government securities and repurchase agreements collateralized by U.S. government securities. The Fund’s investments may also include variable rate demand notes and repurchase agreements secured by collateral other than cash and U.S. government securities to the extent permitted by Rule 2a-7 of the Investment Company Act of 1940, as amended. Disclosure regarding the risks of investing in repurchase agreements under “HSBC Prime Money Market Fund – Summary Section – Principal Investment Risks” on page 11 of the Prospectus is deleted and replaced with the following: Repurchase Agreements: If the seller in a repurchase agreement defaults on its obligation to repurchase the underlying securities at a time when the value of these securities has declined, the Fund may incur a loss upon disposition of the securities. These risks are increased to the extent that a repurchase agreement is secured by collateral other than cash and U.S. government securities. There is also a risk that the seller of the agreement may become insolvent and subject to liquidation. PLEASE RETAIN THIS SUPPLEMENT WITH THE |