Fact sheet: CS (L)2GblPrstEq

Fund information
Fund name
CS (Lux) 2 Global Prestige Equity UBH USD
Fund manager company
Credit Suisse Fund Management
Fund type
Offshore Fund
Fund manager
  • Juan Manuel Mendozasince 01/01/2009
Fund objective
The aim of the Fund is to achieve the highest possible capital growth by investing worldwide in companies with business activities in the production, distribution and sales of luxury goods and services (e.g. jewellery, watches, fashion, automobile, cosmetics, spirits and hotels).
Benchmark
  • MSCI World
Investment style
Active
Investment method
Shares
Quick stats
1 Year return
-0.2%
1 Year rank in sector
32/42
Sector
FO Equity - Other Specialist
Yield
-
Fund size
£152m (£228m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
148
Top in this sector
Fund name1 Year
Fidelity Global Indus47.4%
Franklin Glbl List Inf29.9%
AMP Cap Gbl Lis Infr22.4%
Fidelity Gbl Csmr Inds18%
JB EF Luxury Brands16.2%
...more in FO Equity - Other Specialist

Performance snapshot

Holdings snapshot

  • USA31.2%
    France30.2%
    Italy7.1%
    Germany5.9%
    Hong Kong5.1%
  • Luxury Goods42.5%
    Consumer Goods21.1%
    Health Care11.4%
    Automobiles11.4%
    Food, Beverages and Tobacco7.6%
  • US Equities31.2%
    French Equities30.2%
    Italian Equities7.1%
    German Equities5.9%
    Hong Kong Equities5.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund4.2%4.2%9.6%-0.2%--
Sector-0.4%-3.7%1.3%3.6%12.1%36.5%
Rank within sector5 / 434 / 457 / 4432 / 42--
Quartile1st1st1st4th
Calendar performance
 YTD - 20162015201420132012
Fund2%----
Sector3.8%-1.9%8.4%11%10.7%
Rank within sector26 / 42----
Quartile3rd
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
-
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
-
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
-
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
-
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
-
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
-
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
-
Price movement
52 week high89.74
52 week low75.18
Current bid price-
Current offer price-
Current mid price89.74
Region
1USA31.17%
2France30.15%
3Italy7.07%
4Germany5.91%
5Hong Kong5.06%
6Macau5.02%
7Japan4.35%
8Korea4.05%
9UK3.45%
Industry sector
1Luxury Goods42.51%
2Consumer Goods21.07%
3Health Care11.44%
4Automobiles11.43%
5Food, Beverages and Tobacco7.56%
6Leisure & Hotels4.75%
7Cash & Cash Equivalents1.24%
Asset type
1US Equities31.17%
2French Equities30.15%
3Italian Equities7.07%
4German Equities5.91%
5Hong Kong Equities5.06%
6Asia Pacific Equities5.02%
7Japanese Equities4.35%
8South Korean Equities4.05%
9UK Equities3.45%
Individual holdings
1LVMH MOET HENNESSY VUITTON SE6.44%
2L`OREAL5.33%
3APPLE INC5.23%
4HERMES INTERNATIONAL4.33%
5AMOREPACIFIC GROUP INC4.22%
6L BRANDS INC3.9%
7KERING SA3.8%
8CHRISTIAN DIOR SE3.79%
9TESLA MOTORS INC3.58%
Management
Fund manager group
Credit Suisse
Fund manager company
Credit Suisse Fund Management
Fund type
Offshore Fund
Fund objective
The aim of the Fund is to achieve the highest possible capital growth by investing worldwide in companies with business activities in the production, distribution and sales of luxury goods and services (e.g. jewellery, watches, fashion, automobile, cosmetics, spirits and hotels).
Benchmark
  • MSCI World
Investment style
Active
Investment method
Shares
Fund manager
NameSinceBiography
Juan Manuel Mendoza01/01/2009Juan Manuel Mendoza started his career in 1997 as an equity broker, in the Institutional Equity Division of Salomon Smith Barney, Zurich and New York. Thereafter, he worked at Bank Julius Baer in Zurich. During 2006, he joined Credit Suisse (formerly Clariden Leu) and has been the fund manager of the Credit Suisse SICAV (Lux) Equity Luxury Goods Fund from 2008 onwards. He had won three Lipper Fund Awards in France, Germany and Austria in 2011, as well as one Lipper Fund Award in Austria in 2012 and three Lipper Fund Awards in Austria, Germany and Europe in 2013. Since 2011, Juan has been the co-manager of the Credit Suisse SICAV (Lux) Equity Asia Consumer. Juan holds an MBA in Corporate Finance from the Goizeta Business School at Emory University in Atlanta, USA
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Transparent for German Tax, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Switzerland, Czech Republic, Germany, Spain, Finland, France, United Kingdom, Gibraltar, Hungary, Italy, Liechtenstein, Luxembourg, Netherlands, Norway, Offshore, Singapore, Sweden
CS (Lux) 2 Global Prestige Equity B EUR
Initial charge5%
Annual charge1.92%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.2%
Total expense ratio (TER)2.21%
Bid price-
Offer price-
Mid price253.74
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFICJ
CS (Lux) 2 Global Prestige Equity B USD
Initial charge5%
Annual charge1.92%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.19%
Total expense ratio (TER)2.2%
Bid price-
Offer price-
Mid price145.5
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKWZ8
CS (Lux) 2 Global Prestige Equity BH CHF
Initial charge5%
Annual charge1.92%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.18%
Total expense ratio (TER)2.2%
Bid price-
Offer price-
Mid price113.77
CurrencyCHF
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF58J
CS (Lux) 2 Global Prestige Equity BH SGD
Initial charge5%
Annual charge1.92%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.2%
Total expense ratio (TER)2.2%
Bid price-
Offer price-
Mid price129.64
CurrencySGD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF2EF
CS (Lux) 2 Global Prestige Equity BH USD
Initial charge-
Annual charge1.92%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)2.22%
Bid price-
Offer price-
Mid price88.76
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFURO
CS (Lux) 2 Global Prestige Equity EB EUR
Initial charge3%
Annual charge0.9%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.22%
Total expense ratio (TER)1.15%
Bid price-
Offer price-
Mid price1124.18
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeCT13
CS (Lux) 2 Global Prestige Equity EBH USD
Initial charge-
Annual charge0.9%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.15%
Bid price-
Offer price-
Mid price900.38
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFURR
CS (Lux) 2 Global Prestige Equity IB EUR
Initial charge3%
Annual charge0.9%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.15%
Total expense ratio (TER)1.18%
Bid price-
Offer price-
Mid price120.09
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF89L
CS (Lux) 2 Global Prestige Equity UB EUR
Initial charge-
Annual charge1.15%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.45%
Bid price-
Offer price-
Mid price92.78
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFSFD
CS (Lux) 2 Global Prestige Equity UBH CHF
Initial charge-
Annual charge1.15%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.45%
Bid price-
Offer price-
Mid price91.07
CurrencyCHF
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFSFE
CS (Lux) 2 Global Prestige Equity UBH SGD
Initial charge-
Annual charge1.15%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.44%
Bid price-
Offer price-
Mid price93.77
CurrencySGD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFSFF
CS (Lux) 2 Global Prestige Equity UBH USD
Initial charge-
Annual charge1.15%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.44%
Bid price-
Offer price-
Mid price89.74
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFURP
Data provided by

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You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.