XML 35 R5.htm IDEA: XBRL DOCUMENT v3.20.1
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Central Index Key dei_EntityCentralIndexKey 0000798290
HSBC U.S. Treasury Money Market Fund  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return, Heading rr_RiskReturnHeading HSBC U.S. Treasury Money Market Fund
Investment Objective, Heading rr_ObjectiveHeading Investment Objective
Investment Objective, Primary rr_ObjectivePrimaryTextBlock

The investment objective of the HSBC U.S. Treasury Money Market Fund (the “Fund”) is to provide as high a level of current income as is consistent with the preservation of capital and liquidity.
Expense, Heading rr_ExpenseHeading Fees and Expenses of the Fund
Expense, Narrative rr_ExpenseNarrativeTextBlock

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.
Shareholder Fees, Caption rr_ShareholderFeesCaption Shareholder Fees (fees paid directly from your investment)
Operating Expenses, Caption rr_OperatingExpensesCaption Annual Fund Operating Expenses (expenses that you pay as a percentage of the value of your investment)
Expense Example, Heading rr_ExpenseExampleHeading Example
Expense Example, Narrative rr_ExpenseExampleNarrativeTextBlock

This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. The Example takes the Fund’s Expense Limitation Agreement into account for the first year only. Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example, No Redemption Narrative [Text Block] rr_ExpenseExampleNoRedemptionNarrativeTextBlock

For the share class listed below, you would pay the following expenses if you did not redeem your shares:
Investment Strategy, Heading rr_StrategyHeading Principal Investment Strategies
Investment Strategy, Narrative rr_StrategyNarrativeTextBlock

The Fund is a government money market fund and seeks to maintain a stable price of $1.00 per share. The Fund seeks to achieve its investment objective by investing, under normal market conditions, exclusively in direct obligations of the U.S. Treasury. The Fund will invest in securities with maturities of (or deemed maturities of) 397 days or less and will maintain a dollar-weighted average portfolio maturity of 60 days or less and a dollar-weighted average portfolio life of 120 days or less.

The U.S. Treasury issues various types of marketable securities consisting of bills, notes, bonds and other debt securities. The Fund will not invest in securities issued or guaranteed by agencies or instrumentalities of the U.S. government, will not enter into loans of its portfolio securities and will not, under normal conditions, invest in repurchase agreements.

Under adverse market conditions, the Fund may temporarily invest in repurchase agreements collateralized by U.S. Treasury obligations. These securities may entail more risk than the types of securities in which the Fund typically invests. Additionally, as an alternative to investing in negatively yielding securities, the Fund may also elect to hold uninvested cash with the Fund’s custodian.
Strategy Portfolio Concentration rr_StrategyPortfolioConcentration The Fund is a government money market fund and seeks to maintain a stable price of $1.00 per share. The Fund seeks to achieve its investment objective by investing, under normal market conditions, exclusively in direct obligations of the U.S. Treasury. The Fund will invest in securities with maturities of (or deemed maturities of) 397 days or less and will maintain a dollar-weighted average portfolio maturity of 60 days or less and a dollar-weighted average portfolio life of 120 days or less.
Risk, Heading rr_RiskHeading Principal Investment Risks
Risk, Narrative rr_RiskNarrativeTextBlock

The Fund has the following principal investment risks:

 

  · Debt Instruments Risk: The risks of investing in debt instruments include:

 

  · Credit Risk: The Fund could lose money if an issuer or guarantor of a debt instrument is unable or unwilling to make or perceived to be unable or unwilling to make timely payments of interest or principal. The issuer or guarantor could also suffer a rapid decrease in credit quality rating, which would adversely affect the volatility of the value and liquidity of the investment.

 

  · Interest Rate Risk: Fluctuations in interest rates may affect the yield, volatility, liquidity and value of investments in income producing or debt instruments. Generally, if interest rates rise, the value of such investments will fall. A low interest rate environment poses additional risks to the Fund, because low yields on the Fund’s portfolio holdings may have an adverse impact on the Fund’s ability to provide a positive yield to shareholders, pay expenses out of Fund assets, or minimize the volatility of the Fund’s net asset value (“NAV”) per share. The risks associated with changing interest rates may have unpredictable effects on the markets and the Fund’s investments.

 

  · Inventory Risk: The market-making capacity in debt markets has declined as a result of reduced broker-dealer inventories relative to fund assets, reduced broker-dealer proprietary trading activity and increased regulatory capital requirements for financial institutions such as banks. Because market makers provide stability to a market through their intermediary services, a significant reduction in dealer market-making capacity has the potential to decrease liquidity and increase volatility in the debt markets. A decrease in liquidity may affect the ability of the Fund to pay redemption proceeds within the allowable time period.

 

  · Market Risk: The value of the Fund’s investments may decline due to changing economic, political, social, regulatory or market conditions. Market risk may affect a section of the economy or it may affect the economy as a whole.

 

  · Stable NAV Risk: The Fund may not be able to maintain an NAV per share of $1.00 (a “Stable NAV”) at all times. The failure of other money market funds to maintain a Stable NAV (or the perceived threat of such a failure) could adversely affect the Fund’s NAV. Shareholders of the Fund should not rely on or expect the Adviser or an affiliate to help the Fund maintain a Stable NAV.

 

Risk is inherent in all investing. You could lose money by investing in the Fund. Although the Fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. An investment in the Fund is not a deposit of HSBC Bank USA, N.A. and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The Fund’s sponsor has no legal obligation to provide financial support to the Fund, and you should not expect that the sponsor will provide financial support to the Fund at any time.
Risk, Lose Money rr_RiskLoseMoney You could lose money by investing in the Fund.
Risk, Not Insured Depository Institution rr_RiskNotInsuredDepositoryInstitution An investment in the Fund is not a deposit of HSBC Bank USA, N.A. and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.
Bar Chart and Performance Table, Heading rr_BarChartAndPerformanceTableHeading Performance Bar Chart and Table
Performance, Narrative rr_PerformanceNarrativeTextBlock

The bar chart and table below provide an indication of the risks of an investment in the Fund by showing changes in the Fund’s year to year performance. Past performance does not indicate how the Fund will perform in the future.

The bar chart below shows the Fund’s annual returns for Class Y Shares and how performance has varied from year to year. The returns for the Fund’s other share classes will differ from the returns of the Class Y Shares shown in the bar chart because the expenses of the classes differ.
Performance, Information Illustrates Variability of Returns rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and table below provide an indication of the risks of an investment in the Fund by showing changes in the Fund’s year to year performance.
Performance Past Does Not Indicate Future rr_PerformancePastDoesNotIndicateFuture Past performance does not indicate how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading Annual Total Returns as of 12/31 for Class Y Shares Bar chart assumes reinvestment of dividends and distributions
Bar Chart, Closing rr_BarChartClosingTextBlock
Best Quarter:    Q1 2019   0.54%
Worst Quarter:   Q3 2015   0.00%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Best Quarter:
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Mar. 31, 2019
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 0.54%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Worst Quarter:
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Sep. 30, 2015
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn none
Performance Table Heading rr_PerformanceTableHeading Average Annual Total Returns (for the periods ended December 31, 2019) [1]
Performance Table Narrative rr_PerformanceTableNarrativeTextBlock

The table below lists the average annual total returns for each class of shares for various time periods. As of December 31, 2019, the 7-day yields of the Fund’s Class D, Class I, Intermediary, Intermediary Service and Class Y Shares were 1.15%, 1.51%, 1.49%, 1.47% and 1.40%, respectively. The 7-day yield information is not provided for Class A, Class C, and Class E Shares because there were no Class A, Class C, or Class E shareholders as of December 31, 2019. For current yield information on the Fund, call 1-800-782-8183.

Past performance is not an indication of how the Fund will perform in the future.
Thirty Day Yield Phone rr_ThirtyDayYieldPhone 1-800-782-8183
HSBC U.S. Treasury Money Market Fund | Class A Shares  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (load) Imposed on Purchases (as a % of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (load) (as a % of amount redeemed) rr_MaximumDeferredSalesChargeOverOfferingPrice none
Management Fee rr_ManagementFeesOverAssets 0.10% [2]
Distribution (12b-1) Fee rr_DistributionAndService12b1FeesOverAssets none [2]
Shareholder Servicing Fee rr_Component1OtherExpensesOverAssets 0.40% [2]
Other Operating Expenses rr_Component2OtherExpensesOverAssets 0.18% [2]
Total Other Expenses rr_OtherExpensesOverAssets 0.58% [2]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.68% [2]
Fee Waiver and/or Expense Reimbursement rr_FeeWaiverOrReimbursementOverAssets none [2],[3]
Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement rr_NetExpensesOverAssets 0.68% [2]
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination March 1, 2021
1 Year rr_ExpenseExampleYear01 $ 69
3 Years rr_ExpenseExampleYear03 218
5 Years rr_ExpenseExampleYear05 379
10 Years rr_ExpenseExampleYear10 $ 847
1 Year rr_AverageAnnualReturnYear01 none [4]
5 Years rr_AverageAnnualReturnYear05 none [4]
10 Years rr_AverageAnnualReturnYear10 none [4]
Since Inception rr_AverageAnnualReturnSinceInception 1.08% [4]
Inception Date rr_AverageAnnualReturnInceptionDate May 24, 2001 [4]
HSBC U.S. Treasury Money Market Fund | Class C Shares  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (load) Imposed on Purchases (as a % of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (load) (as a % of amount redeemed) rr_MaximumDeferredSalesChargeOverOfferingPrice 1.00%
Management Fee rr_ManagementFeesOverAssets 0.10% [2]
Distribution (12b-1) Fee rr_DistributionAndService12b1FeesOverAssets 0.75% [2]
Shareholder Servicing Fee rr_Component1OtherExpensesOverAssets 0.25% [2]
Other Operating Expenses rr_Component2OtherExpensesOverAssets 0.18% [2]
Total Other Expenses rr_OtherExpensesOverAssets 0.43% [2]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.28% [2]
Fee Waiver and/or Expense Reimbursement rr_FeeWaiverOrReimbursementOverAssets none [2],[3]
Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement rr_NetExpensesOverAssets 1.28% [2]
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination March 1, 2021
1 Year rr_ExpenseExampleYear01 $ 230
3 Years rr_ExpenseExampleYear03 406
5 Years rr_ExpenseExampleYear05 702
10 Years rr_ExpenseExampleYear10 1,157
1 Year rr_ExpenseExampleNoRedemptionYear01 130
3 Years rr_ExpenseExampleNoRedemptionYear03 406
5 Years rr_ExpenseExampleNoRedemptionYear05 702
10 Years rr_ExpenseExampleNoRedemptionYear10 $ 1,157
1 Year rr_AverageAnnualReturnYear01 none [4]
5 Years rr_AverageAnnualReturnYear05 none [4]
10 Years rr_AverageAnnualReturnYear10 none [4]
Since Inception rr_AverageAnnualReturnSinceInception 0.04% [4]
Inception Date rr_AverageAnnualReturnInceptionDate Dec. 24, 2003 [4]
HSBC U.S. Treasury Money Market Fund | Class D Shares  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (load) Imposed on Purchases (as a % of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (load) (as a % of amount redeemed) rr_MaximumDeferredSalesChargeOverOfferingPrice none
Management Fee rr_ManagementFeesOverAssets 0.10%
Distribution (12b-1) Fee rr_DistributionAndService12b1FeesOverAssets none
Shareholder Servicing Fee rr_Component1OtherExpensesOverAssets 0.25%
Other Operating Expenses rr_Component2OtherExpensesOverAssets 0.18%
Total Other Expenses rr_OtherExpensesOverAssets 0.43%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.53%
Fee Waiver and/or Expense Reimbursement rr_FeeWaiverOrReimbursementOverAssets none [3]
Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement rr_NetExpensesOverAssets 0.53%
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination March 1, 2021
1 Year rr_ExpenseExampleYear01 $ 54
3 Years rr_ExpenseExampleYear03 170
5 Years rr_ExpenseExampleYear05 296
10 Years rr_ExpenseExampleYear10 $ 665
1 Year rr_AverageAnnualReturnYear01 1.70%
5 Years rr_AverageAnnualReturnYear05 0.69%
10 Years rr_AverageAnnualReturnYear10 0.35%
Since Inception rr_AverageAnnualReturnSinceInception 1.00%
Inception Date rr_AverageAnnualReturnInceptionDate May 14, 2001
HSBC U.S. Treasury Money Market Fund | Class E Shares  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (load) Imposed on Purchases (as a % of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (load) (as a % of amount redeemed) rr_MaximumDeferredSalesChargeOverOfferingPrice none
Management Fee rr_ManagementFeesOverAssets 0.10% [2]
Distribution (12b-1) Fee rr_DistributionAndService12b1FeesOverAssets none [2]
Shareholder Servicing Fee rr_Component1OtherExpensesOverAssets 0.10% [2]
Other Operating Expenses rr_Component2OtherExpensesOverAssets 0.08% [2]
Total Other Expenses rr_OtherExpensesOverAssets 0.18% [2]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.28% [2]
Fee Waiver and/or Expense Reimbursement rr_FeeWaiverOrReimbursementOverAssets 0.03% [2],[3]
Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement rr_NetExpensesOverAssets 0.25% [2]
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination March 1, 2021
1 Year rr_ExpenseExampleYear01 $ 26
3 Years rr_ExpenseExampleYear03 87
5 Years rr_ExpenseExampleYear05 154
10 Years rr_ExpenseExampleYear10 $ 353
1 Year rr_AverageAnnualReturnYear01 none [4]
5 Years rr_AverageAnnualReturnYear05 none [4]
10 Years rr_AverageAnnualReturnYear10 none [4]
Since Inception rr_AverageAnnualReturnSinceInception 0.37% [4]
Inception Date rr_AverageAnnualReturnInceptionDate Jul. 12, 2016 [4]
HSBC U.S. Treasury Money Market Fund | Class I Shares  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (load) Imposed on Purchases (as a % of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (load) (as a % of amount redeemed) rr_MaximumDeferredSalesChargeOverOfferingPrice none
Management Fee rr_ManagementFeesOverAssets 0.10%
Distribution (12b-1) Fee rr_DistributionAndService12b1FeesOverAssets none
Shareholder Servicing Fee rr_Component1OtherExpensesOverAssets none
Other Operating Expenses rr_Component2OtherExpensesOverAssets 0.08%
Total Other Expenses rr_OtherExpensesOverAssets 0.08%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.18%
Fee Waiver and/or Expense Reimbursement rr_FeeWaiverOrReimbursementOverAssets 0.04% [3]
Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement rr_NetExpensesOverAssets 0.14%
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination March 1, 2021
1 Year rr_ExpenseExampleYear01 $ 14
3 Years rr_ExpenseExampleYear03 54
5 Years rr_ExpenseExampleYear05 97
10 Years rr_ExpenseExampleYear10 $ 226
1 Year rr_AverageAnnualReturnYear01 2.06% [4]
5 Years rr_AverageAnnualReturnYear05 0.94% [4]
10 Years rr_AverageAnnualReturnYear10 0.47% [4]
Since Inception rr_AverageAnnualReturnSinceInception 1.19% [4]
Inception Date rr_AverageAnnualReturnInceptionDate Dec. 30, 2003 [4]
HSBC U.S. Treasury Money Market Fund | Intermediary Class Shares  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (load) Imposed on Purchases (as a % of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (load) (as a % of amount redeemed) rr_MaximumDeferredSalesChargeOverOfferingPrice none
Management Fee rr_ManagementFeesOverAssets 0.10%
Distribution (12b-1) Fee rr_DistributionAndService12b1FeesOverAssets none
Shareholder Servicing Fee rr_Component1OtherExpensesOverAssets 0.05%
Other Operating Expenses rr_Component2OtherExpensesOverAssets 0.18%
Total Other Expenses rr_OtherExpensesOverAssets 0.23%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.33%
Fee Waiver and/or Expense Reimbursement rr_FeeWaiverOrReimbursementOverAssets 0.15% [3]
Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement rr_NetExpensesOverAssets 0.18%
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination March 1, 2021
1 Year rr_ExpenseExampleYear01 $ 18
3 Years rr_ExpenseExampleYear03 91
5 Years rr_ExpenseExampleYear05 170
10 Years rr_ExpenseExampleYear10 $ 403
1 Year rr_AverageAnnualReturnYear01 2.04%
5 Years rr_AverageAnnualReturnYear05 none
10 Years rr_AverageAnnualReturnYear10 none
Since Inception rr_AverageAnnualReturnSinceInception 1.28%
Inception Date rr_AverageAnnualReturnInceptionDate Jul. 12, 2016
HSBC U.S. Treasury Money Market Fund | Intermediary Service Class Shares  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (load) Imposed on Purchases (as a % of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (load) (as a % of amount redeemed) rr_MaximumDeferredSalesChargeOverOfferingPrice none
Management Fee rr_ManagementFeesOverAssets 0.10%
Distribution (12b-1) Fee rr_DistributionAndService12b1FeesOverAssets none
Shareholder Servicing Fee rr_Component1OtherExpensesOverAssets 0.10%
Other Operating Expenses rr_Component2OtherExpensesOverAssets 0.18%
Total Other Expenses rr_OtherExpensesOverAssets 0.28%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.38%
Fee Waiver and/or Expense Reimbursement rr_FeeWaiverOrReimbursementOverAssets 0.18% [3]
Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement rr_NetExpensesOverAssets 0.20%
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination March 1, 2021
1 Year rr_ExpenseExampleYear01 $ 20
3 Years rr_ExpenseExampleYear03 104
5 Years rr_ExpenseExampleYear05 195
10 Years rr_ExpenseExampleYear10 $ 463
1 Year rr_AverageAnnualReturnYear01 2.02%
5 Years rr_AverageAnnualReturnYear05 none
10 Years rr_AverageAnnualReturnYear10 none
Since Inception rr_AverageAnnualReturnSinceInception 1.31%
Inception Date rr_AverageAnnualReturnInceptionDate Jul. 12, 2016
HSBC U.S. Treasury Money Market Fund | Class Y Shares  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (load) Imposed on Purchases (as a % of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (load) (as a % of amount redeemed) rr_MaximumDeferredSalesChargeOverOfferingPrice none
Management Fee rr_ManagementFeesOverAssets 0.10%
Distribution (12b-1) Fee rr_DistributionAndService12b1FeesOverAssets none
Shareholder Servicing Fee rr_Component1OtherExpensesOverAssets none
Other Operating Expenses rr_Component2OtherExpensesOverAssets 0.18%
Total Other Expenses rr_OtherExpensesOverAssets 0.18%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.28%
Fee Waiver and/or Expense Reimbursement rr_FeeWaiverOrReimbursementOverAssets none [3]
Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement rr_NetExpensesOverAssets 0.28%
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination March 1, 2021
1 Year rr_ExpenseExampleYear01 $ 29
3 Years rr_ExpenseExampleYear03 90
5 Years rr_ExpenseExampleYear05 157
10 Years rr_ExpenseExampleYear10 $ 356
Annual Return 2010 rr_AnnualReturn2010 0.01%
Annual Return 2011 rr_AnnualReturn2011 0.01%
Annual Return 2012 rr_AnnualReturn2012 none
Annual Return 2013 rr_AnnualReturn2013 none
Annual Return 2014 rr_AnnualReturn2014 0.01%
Annual Return 2015 rr_AnnualReturn2015 none
Annual Return 2016 rr_AnnualReturn2016 0.07%
Annual Return 2017 rr_AnnualReturn2017 0.65%
Annual Return 2018 rr_AnnualReturn2018 1.61%
Annual Return 2019 rr_AnnualReturn2019 1.95%
1 Year rr_AverageAnnualReturnYear01 1.95%
5 Years rr_AverageAnnualReturnYear05 0.85%
10 Years rr_AverageAnnualReturnYear10 0.43%
Since Inception rr_AverageAnnualReturnSinceInception 1.15%
Inception Date rr_AverageAnnualReturnInceptionDate May 11, 2001
[1] During the year ended December 31, 2007, the Fund received a one-time reimbursement from the Adviser related to past marketing arrangements. During the year ended December 31, 2010, the Fund also received a one-time payment in respect of a class action settlement. As a result, the Fund's total returns for the years ended December 31, 2007 and 2010 were higher than they would have been had the Fund not received these payments.
[2] During the Fund's prior fiscal year, Class A Shares, Class C Shares and Class E Shares were not operational. Therefore, these amounts have been estimated.
[3] HSBC Global Asset Management (USA) Inc., the Fund's investment adviser (the "Adviser"), has entered into a contractual expense limitation agreement with the Fund ("Expense Limitation Agreement") under which it will limit total expenses of the Fund (excluding interest, taxes, brokerage commissions, extraordinary expenses and estimated indirect expenses attributable to the Fund's investments in investment companies) to an annual rate of 0.25%, 0.14%, 0.18%, and 0.20% for Class E Shares, Class I Shares, Intermediary Shares, and Intermediary Service Shares, respectively. Any amounts contractually waived or reimbursed by the Adviser will be subject to repayment by the Fund to the Adviser within three years, calculated monthly from when the waiver or reimbursement was recorded, to the extent that the repayment will not cause the Fund's operating expenses to exceed the contractual expense limit that was in effect at the time of such waiver or reimbursement. The expense limitation shall be in effect until March 1, 2021. The Expense Limitation Agreement shall terminate upon the termination of the Investment Advisory Contract between the Fund and the Adviser, or it may be terminated upon written notice to the Adviser by the Trust's Board of Trustees.
[4] Class A, Class C, Class E and Class I Shares were operational only during a portion of the period since inception. The "Since Inception" return performance is for the period of time the Classes had operations. The 1 year, 5 years and 10 years average annual return is not provided for Class A, Class C or Class E Shares because there were no Class A, Class C or Class E shareholders as of December 31, 2019.