HOPCX — HSBC Opportunity Fund
Data updated: 2025-03-21
HOPCX — HSBC Opportunity Fund. United States Growth Equity · $8.83M AUM · 2.20% expense ratio. Holdings, fees, performance and SEC filings.
HOPCX Fund Overview
HOPCX — HSBC Opportunity Fund is a US mutual fund managed by Hsbc Funds, categorised as United States Growth Equity. 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: United States Growth Equity
- Assets under management: $8.83M
- 1-year return: 18.6%
- Ticker: HOPCX
- SEC CIK: 0000798290
- SEC series ID: S000005038
- Share class ID: C000013751
HOPCX Investment Objective and Strategy
HSBC Opportunity 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 Opportunity Fund (the Opportunity Fund or Fund) is long-term growth of capital.
Principal investment strategy
The Fund seeks to achieve its investment objective by investing all of its assets in the Portfolio, which has the same investment objective as the Fund. For simplicity purposes, this prospectus may use the term Fund to include the Portfolio. The Fund seeks to achieve its investment objective by investing, under normal market conditions, primarily in equity securities of small and mid-cap companies. Small and mid-cap companies generally are defined as those companies with market capitalizations within the range represented in the Russell 2500 Growth Index (as of January 25, 2018, between approximately $21.93 million and $20.23 billion), the Funds broad-based securities market index. The Fund may also invest in equity securities of larger, more established companies and may invest up to 20% of its assets in securities of foreign companies.
Westfield Capital Management Company, L.P., the Portfolios subadviser (Subadviser), selects securities based upon fundamental analysis of the companys cash flow, industry position, potential for high-profit margins, and strength of management, as well as other factors. As research specialists, the Subadviser considers all fundamental factors to be important, and in specific industries, some may be more important than others; however, the Subadviser considers earnings growth to be the most integral to its stock selection process. The Subadviser uses a bottom-up, as opposed to a top-down, investment style to select investments that it believes offer superior prospects for growth and are either: ? early in their cycle but which the Subadviser believes have the potential to become major enterprises, or ?
are major enterprises whose rates of earnings growth the Subadviser expects to accelerate because of special factors, such as rejuvenated management, new products, changes in consumer demand, or basic changes in the economic environment. The Subadviser employs a growth at a reasonable price investment style and favors investing in earnings growth stocks given the Subadvisers conviction that stock prices follow earnings progress and that they offer the best investment opportunities. The Subadviser believes that growth companies with accelerating or underappreciated earnings potential are best identified through in-depth, fundamental, bottom-up research, which is covered vertically by industry group. The Subadviser follows several industries using a broad information network that includes company managements, suppliers, end-users, competitors and Wall Street sources to identify and evaluate companies capable of providing consistently high or accelerating earnings growth.
The Subadviser believes these growth companies to have products, technologies, management, markets or opportunities which will potentially facilitate earnings growth over time that may be above the growth rate of the overall economy and the rate of inflation. Investments in growth companies may include securities listed on a securities exchange or traded in the over-the-counter markets. The Fund will invest primarily in common stocks, but may, to a limited extent, seek appreciation in other types of securities, such as American Depositary Receipts, foreign securities listed on U.S. securities exchanges, and real estate investment trusts when relative values and market conditions make such purchases appear attractive.
HOPCX Holdings
Top 1 holdings of HSBC Opportunity Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Hsbc Radiantesg US Sm Co Portfolio | 99.97% |
HOPCX Portfolio Allocation
Asset-class allocation of HSBC Opportunity Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 100.0% |
HOPCX Performance
Total returns for HOPCX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 18.6% |
| 3 years (annualised) | 4.4% |
HOPCX Risk Information
Risk metrics for HOPCX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 19.9%
HOPCX Costs and Fees
HOPCX costs about $220 per $10,000 invested per year in fund expenses.
- Net expense ratio: 2.20%
- Gross expense ratio: 8.82%
- Portfolio turnover: 84%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
HOPCX Cashflows
Over the 12 months to 2025-01, HSBC Opportunity Fund had net outflows of $634.23K, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2025-01 | −$32.26K |
| 2024-12 | −$71.59K |
| 2024-11 | −$9.26K |
| 2024-10 | −$24.94K |
| 2024-09 | −$32.33K |
| 2024-08 | −$36.50K |
HOPCX Debt Constituents
No individual debt constituents are reported in HSBC Opportunity Fund's latest SEC N-PORT filing.
HOPCX Prospectus and SEC Filings
Official HSBC Opportunity Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2025-02-28
- Prospectus (485BPOS) — filed 2024-02-28
- Prospectus (485BPOS) — filed 2023-02-28
- Portfolio holdings (N-PORT) — filed 2025-03-21
- Portfolio holdings (N-PORT) — filed 2024-12-26
- Portfolio holdings (N-PORT) — filed 2024-09-25
- Annual census (N-CEN) — filed 2025-01-08
- Annual census (N-CEN) — filed 2024-01-11
Related Funds
Other United States Growth Equity 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.