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We have been trying to reach you regarding your investment(s) in the above-named fund(s). We are asking for your immediate attention and response to an important shareholder matter. The Special Meeting of Shareholders, which was originally scheduled to take place on April 14, 2016, has been adjourned for a second time until May 13, 2016, 10:00 AM Eastern time, due to insufficient voting response from shareholders. Our records indicate that we have not yet received YOUR vote.

As of April 29, 2016, a majority of the votes received have been cast in favor of the above proposals, but not enough shares have voted.

Every account, no matter the size, has a direct impact on the outcome of the proxy vote.

Your Fund’s Board of Trustees unanimously recommends that you vote FOR the proposals.

No matter when you receive this email - even if it is past the indicated deadline, it is very important that you vote TODAY. Failure to vote could further delay the meeting and generate unnecessary additional costs.

If you have any questions, please call the Funds’ proxy solicitor, Okapi Partners, toll-free at 877-279-2311.

HSBC Funds

HSBC Opportunity Fund	Aggressive Strategy Fund
HSBC Prime Money Market Fund	Balanced Strategy Fund
HSBC U.S. Treasury Money Market Fund	Moderate Strategy Fund
HSBC Emerging Markets Local Debt Fund	Conservative Strategy Fund
	Income Strategy Fund

Proposals		Shareholders Solicited to Vote
1.	To approve election of five nominees to serve as Trustees on the Boards of Trustees (“Proposal 1”)	All Funds

2.	To approve the reorganization of each Trust into a single newly established Delaware statutory trust from a Massachusetts business trust or New York trust, as applicable (“Proposal 2”)	All Funds

3.	To approve an amendment to the current “managers of managers” arrangement for the Funds (“Proposal 3”)	Certain Funds. Please see proxy statement at www.okapivote.com/HSBC for further details

4.	To approve revisions to the Funds’ fundamental investment policies in order to conform and modernize the policies (“Proposal 4”)	Certain Funds. Please see proxy statement at www.okapivote.com/HSBC for further details.

	HSBC Portfolios
	(Name of Registrant as Specified In Its Charter)


	(Name of Person(s) Filing Proxy Statement, if other than the Registrant)