HGDXX Fees and Costs — HSBC U.S. Government Money Market Fund, Class D
Data updated: 2026-08-05
The net expense ratio is 0.49%: a 0.10% management fee plus 0.39% other expenses. There are no sales loads or redemption fees.
HGDXX Fees and Expenses
Annual operating expenses and sales charges of HGDXX. Prospectus, as of August 5, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.10% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.39% |
| Gross expense ratio | 0.49% |
| Fee waiver | — |
| Net expense ratio | 0.49% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
HGDXX Costs Over Time
On $10,000 invested in HGDXX, assuming 5% a year before costs, total costs come to $310 over 5 years, cutting the return by 0.51% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.49%) | $51 | $161 | $281 |
| Lost growth on money paid in costs | $0 | $8 | $28 |
| Total costs | $51 | $169 | $310 |
| Value after costs | $10,449 | $11,407 | $12,453 |
| Impact on return, per year | 0.51% | 0.51% | 0.51% |
HGDXX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $3.83T
- Portfolio turnover (prospectus): —
- Securities lending: none during the year
HGDXX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $1.03T | 29.42% |
| Northern Trust Securities, Inc. | $682.1B | 19.55% |
| BNY Capital Markets, LLC | $584.4B | 16.75% |
| Credit Agricole Securities (USA) Inc. | $294.4B | 8.44% |
| Citigroup Global Markets Inc. | $246.3B | 7.06% |
| Santander Securities LLC | $148.8B | 4.26% |
| Wells Fargo Securities, LLC | $144.7B | 4.15% |
| Standard Chartered Securities (North America) LLC | $139.1B | 3.99% |
| SG Americas Securities, LLC | $111.6B | 3.20% |
| BNP Paribas Securities Corp. | $111.4B | 3.19% |
HSBC U.S. Government Money Market Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| HGIXX | I Shares | 0.14% | none |
| HGFXX | Service Class | 0.19% | none |
| HGGXX | Intermediary Class Shares | 0.19% | none |
| HGPXX | P Shares | 0.19% | none |
| RGYXX | Y Shares | 0.24% | none |
| HGDXX | Class D | 0.49% | none |
| FTRXX | A Shares | 0.63% | none |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.