FTRXX — HSBC U.S. Government Money Market Fund
Data updated: 2026-08-05
FTRXX — HSBC U.S. Government Money Market Fund. Money Market · 0.63% expense ratio. Holdings, fees, performance and SEC filings.
FTRXX Fund Overview
FTRXX — HSBC U.S. Government Money Market Fund is a US mutual fund managed by Hsbc Funds, categorised as Money Market. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Hsbc Funds
- Category: Money Market
- Ticker: FTRXX
- SEC CIK: 0000798290
- SEC series ID: S000005047
- Share class ID: C000013783
FTRXX Investment Objective and Strategy
HSBC U.S. Government Money Market Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Hsbc Funds.
Investment objective
The investment objective of the HSBC U.S. Government Money Market Fund (the Fund) is to provide shareholders of the Fund with liquidity and as high a level of current income as is consistent with the preservation of capital.
Principal investment strategy
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 at least 99.5% of its total assets in cash, securities issued or guaranteed by the United States or certain U.S. government agencies or instrumentalities (U.S. Government Securities) and/or repurchase agreements that are collateralized fully by these types of obligations. In addition, the Fund must invest, under normal circumstances, at least 80% of its net assets, plus any borrowings for investment purposes, in U.S. Government Securities and repurchase agreements collateralized fully by these types of obligations. 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 Fund invests exclusively in issues of the U.S. Treasury, such as bills, notes and bonds, and issues of U.S. government agencies and instrumentalities established under the authority of an Act of Congress. This includes securities of various U.S. government agencies, which while chartered or sponsored by Acts of Congress, are neither issued nor guaranteed by the U.S. Treasury. The Fund may invest in, among other things, obligations that are supported by the full faith and credit of the United States ( e.g. , obligations guaranteed by the Government National Mortgage Association); supported by the right of the issuer to borrow from the U.S. Treasury ( e.g. , obligations of the Federal National Mortgage Association); or supported only by the credit of the agency or instrumentality ( e.g. , obligations of the Federal Farm Credit Bank).
The Fund may also invest in repurchase agreements that are collateralized by U.S. Government Securities, as described above. In purchasing and selling securities for the Fund, portfolio managers consider the credit analysis performed by HSBC Global Asset Management (USA) Inc., the Funds investment adviser (the Adviser). Portfolio managers select investments from an approved credit list compiled by the Advisers global credit analysts, who have conducted an independent qualitative and quantitative review of each issuer on the list. Safety is prioritized, with additional emphasis placed on liquidity and yield.
FTRXX Holdings
Top 10 holdings of HSBC U.S. Government Money Market Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Fixed Income Clearing Corporation (northern Trust) | 7.40% |
| Fixed Income Clearing Corporation (Bank of New York) | 5.29% |
| U.S. Treasury Bill | 5.11% |
| State Street Institutional U.S. Government Money Market Fund - Premier Class | 4.34% |
| U.S. Treasury Bill | 3.21% |
| U.S. Treasury Bill | 1.89% |
| Credit Agricole | 1.80% |
| U.S. Treasury Bill | 1.69% |
| U.S. Treasury Bill | 1.67% |
| Societe' Generale Ny | 1.59% |
FTRXX Costs and Fees
FTRXX costs about $63 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.63%
- Gross expense ratio: 0.63%
FTRXX Debt Constituents
No individual debt constituents are reported in HSBC U.S. Government Money Market Fund's latest SEC N-PORT filing.
FTRXX Prospectus and SEC Filings
Official HSBC U.S. Government Money Market Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other Money Market funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.