Fact sheet: CS (Lux) Multialternative

Fund information
Fund name
CS (Lux) Multialternative UB USD
Fund manager company
Credit Suisse Fund Management
Fund type
Offshore Fund
Fund managers
  • Sheel S Dhandesince 01/01/2016
  • Yung-Shin Kungsince 01/01/2016
Fund objective
The Subfund`s investment objective is to deliver a medium term capital appreciation consistent with a tactical asset allocation strategy, while taking due account of the principles of risk diversification and liquidity. More specifically, the Subfund will allocate the capital through a dynamic rules-based allocation model investing in a risky portfolio component (comprising equities and equity type securities) and a defensive portfolio component (comprising bonds and bond type securities and liquidities).
Benchmark
  • No Specified Index
Investment style
Multi Strategy
Investment method
Mixed
Quick stats
1 Year return
2.6%
1 Year rank in sector
49/133
Sector
FO Hedge/Stru Prod - Mixed
Yield
-
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
1.33%
Fund size
£47m (£86m 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.
68
Top in this sector
Fund name1 Year
H2O MultiStrategies25.8%
GLG Mkt Neutral25.4%
Castellain Value23.2%
LFIS VisionPremiaOpps18.8%
Pictet PAF Distressed17.7%
...more in FO Hedge/Stru Prod - Mixed

Performance snapshot

Holdings snapshot

  • USA88.8%
    Others9.3%
    Switzerland0.8%
    France0.8%
    UK0.4%
  • AA100%
  • Global Fixed Interest62.4%
    International Equities18.7%
    Cash & Cash Equivalents10.7%
    Others7.6%
    Alternative Investment Strategies0.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.2%-0.8%-1.7%2.6%--
Sector-0.2%0.7%0.4%0.7%3.7%6.2%
Rank within sector104 / 133125 / 152108 / 14449 / 133--
Quartile4th4th3rd2nd
Calendar performance
 YTD - 20172016201520142013
Fund-0.4%2.9%---
Sector0.8%-0.5%-0.6%5.1%1.4%
Rank within sector122 / 15232 / 128---
Quartile4th1st
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 high93.51
52 week low83.78
Current bid price-
Current offer price-
Current mid price91.02
Region
1USA88.82%
2Others9.28%
3Switzerland0.78%
4France0.77%
5UK0.36%
Industry sector
1AA100%
Asset type
1Global Fixed Interest62.37%
2International Equities18.69%
3Cash & Cash Equivalents10.66%
4Others7.56%
5Alternative Investment Strategies0.72%
Individual holdings
1SEKISUI CHEMICAL CO1.45%
2TOKYO ELECTRIC POWER CO INC1.44%
3DAIICHI SANKYO CO LTD1.41%
4MS&AD INSURANCE GROUP HLDGS INC1.41%
5NEXON CO LTD1.41%
6ASAHI HLDGS INC1.4%
7MICRO FOCUS INTERNATIONAL1.4%
8SUMITOMO CORP1.4%
9TYSON FOODS INC(DEL)1.4%
Management
Fund manager group
Credit Suisse
Fund manager company
Credit Suisse Fund Management
Fund type
Offshore Fund
Fund objective
The Subfund`s investment objective is to deliver a medium term capital appreciation consistent with a tactical asset allocation strategy, while taking due account of the principles of risk diversification and liquidity. More specifically, the Subfund will allocate the capital through a dynamic rules-based allocation model investing in a risky portfolio component (comprising equities and equity type securities) and a defensive portfolio component (comprising bonds and bond type securities and liquidities).
Benchmark
  • No Specified Index
Investment style
Multi Strategy
Investment method
Mixed
Fund managers
NameSinceBiography
Sheel S Dhande01/01/2016
Yung-Shin Kung01/01/2016
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Reporting Fund Status, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Austria, Switzerland, Germany, Denmark, Spain, Finland, France, United Kingdom, Italy, Liechtenstein, Luxembourg, Netherlands, Norway, Offshore, Singapore, Sweden
CS (Lux) Multialternative B USD
Initial charge5%
Annual charge1.4%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.68%
Total expense ratio (TER)1.79%
Bid price-
Offer price-
Mid price112.87
CurrencyUSD
Price updated27/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFT7M
CS (Lux) Multialternative BH CHF
Initial charge5%
Annual charge1.4%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.68%
Total expense ratio (TER)1.79%
Bid price-
Offer price-
Mid price87.98
CurrencyCHF
Price updated27/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFT7N
CS (Lux) Multialternative BH EUR
Initial charge5%
Annual charge1.4%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.68%
Total expense ratio (TER)1.79%
Bid price-
Offer price-
Mid price112.34
CurrencyEUR
Price updated27/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFT7O
CS (Lux) Multialternative BH SEK
Initial charge5%
Annual charge1.4%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.71%
Total expense ratio (TER)1.77%
Bid price-
Offer price-
Mid price924.12
CurrencySEK
Price updated27/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFTEW
CS (Lux) Multialternative BHX GBP
Initial charge5%
Annual charge0.85%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.14%
Total expense ratio (TER)1.13%
Bid price-
Offer price-
Mid price102.09
CurrencyGBP
Price updated27/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFT7P
CS (Lux) Multialternative IB USD
Initial charge3%
Annual charge1%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.29%
Total expense ratio (TER)1.29%
Bid price-
Offer price-
Mid price115.26
CurrencyUSD
Price updated27/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFT7Q
CS (Lux) Multialternative IBH CHF
Initial charge3%
Annual charge1%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.31%
Total expense ratio (TER)1.29%
Bid price-
Offer price-
Mid price89.37
CurrencyCHF
Price updated27/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFT7R
CS (Lux) Multialternative IBH EUR
Initial charge3%
Annual charge1%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.29%
Total expense ratio (TER)1.28%
Bid price-
Offer price-
Mid price114.77
CurrencyEUR
Price updated27/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFT7S
CS (Lux) Multialternative UB USD
Initial charge5%
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.33%
Total expense ratio (TER)1.23%
Bid price-
Offer price-
Mid price91.02
CurrencyUSD
Price updated27/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFUYL
CS (Lux) Multialternative UBH EUR
Initial charge5%
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.27%
Total expense ratio (TER)1.27%
Bid price-
Offer price-
Mid price94.71
CurrencyEUR
Price updated27/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeC0RC
CS (Lux) Multialternative UBH GBP
Initial charge5%
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.28%
Total expense ratio (TER)1.27%
Bid price-
Offer price-
Mid price94.67
CurrencyGBP
Price updated27/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFTEX
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.