0001206774-16-007842 Sample Contracts

HSBC FUNDS SUB-ADVISORY AGREEMENT
HSBC Funds Sub-Advisory Agreement • December 23rd, 2016 • HSBC Funds • New York

WHEREAS, the Manager has been retained by HSBC Funds, a Delaware statutory trust (the "Trust") registered as an open-end investment management company under the Investment Company Act of 1940, as amended (the "1940 Act"), to provide investment advisory services to the funds listed on Annex A (each, a "Fund") pursuant to an Investment Advisory Contract, dated as of June 24, 2016 (the "Advisory Agreement");

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HSBC FUNDS SUB-ADVISORY AGREEMENT
HSBC Funds • December 23rd, 2016 • HSBC Funds • New York

WHEREAS, the Manager has been retained by HSBC Funds, a Delaware statutory trust (the "Trust") registered as an open-end investment management company under the Investment Company Act of 1940, as amended (the "1940 Act"), to provide investment advisory services to the funds listed on Annex A (each, a "Fund") pursuant to an Investment Advisory Contract, dated as of June 24, 2016 (the "Advisory Agreement");

HSBC FUNDS SUB-ADVISORY AGREEMENT
HSBC Funds • December 23rd, 2016 • HSBC Funds • New York

AGREEMENT, effective commencing June 24, 2016, between HSBC Global Asset Management (UK) Limited (the "Sub-adviser") and HSBC Global Asset Management (USA) Inc. (the "Manager").

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