Fact sheet: CS 1Lux Gbl Sec Bd

Fund information
Fund name
CS 1 (Lux) Global Securitized Bond MB USD
Fund manager company
Credit Suisse Fund Management
Fund type
Offshore Fund
Fund managers
  • Oliver Gassersince 11/11/2016
  • Harald Kloossince 11/11/2016
Fund objective
The investment objective is to achieve capital appreciation in CHF within defined risk parameters. Investments may be denominated in any currency. The major part of the assets will be invested in fixed-interest and floating-rate securitized assets. The investments are made in securities which have a high credit quality and must be rated at least investment grade.
Benchmark
  • CB CS (Lux) Global Securitized Bond Fund USD
Investment style
Active
Investment method
Fixed Interest
Quick stats
1 Year return
1.2%
1 Year rank in sector
215/303
Sector
FO Fixed Int - Global
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.
0.2%
Fund size
£139m (£885m 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.
7
Top in this sector
Fund name1 Year
Capital Group GHIOL29.7%
Dodge & Cox Global Bond24%
LM WAHiYcrEn21.6%
BlueBay Fin Cap Bd18.9%
HSBC GIF Gbl AsBk Bd17.4%
...more in FO Fixed Int - Global

Performance snapshot

Holdings snapshot

  • USA46.9%
    Others18.6%
    Italy6.2%
    Netherlands6%
    Germany5.2%
  • Asset/Mortgage-Backed Securities58%
    Automotive33.5%
    Others8.5%
  • US Fixed Interest46.9%
    Global Fixed Interest18.6%
    Italian Fixed Interest6.2%
    Dutch Fixed Interest6%
    German Fixed Interest5.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.3%0.6%1.2%1.2%1.4%7.1%
Sector0.4%1%2.8%4.1%5.5%12.6%
Rank within sector201 / 335212 / 333238 / 317215 / 303--
Quartile3rd3rd4th3rd
Calendar performance
 YTD - 20172016201520142013
Fund1%0.3%---
Sector2.1%4.6%-1.6%3.7%-1.6%
Rank within sector230 / 324268 / 295---
Quartile3rd4th
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.
0.54
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.
-0.07
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.
-0
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%.
1.08
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.
3.14
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.
-0.48
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.
0.03
Price movement
52 week high1007.57
52 week low986
Current bid price-
Current offer price-
Current mid price1007.57
Region
1USA46.9%
2Others18.6%
3Italy6.2%
4Netherlands6%
5Germany5.2%
6UK4.6%
7Europe3.5%
8Sweden3.4%
9France3.2%
Industry sector
1Asset/Mortgage-Backed Securities58%
2Automotive33.5%
3Others8.5%
Asset type
1US Fixed Interest46.9%
2Global Fixed Interest18.6%
3Italian Fixed Interest6.2%
4Dutch Fixed Interest6%
5German Fixed Interest5.2%
6UK Fixed Interest4.6%
7European Fixed Interest3.5%
8Swedish Fixed Interest3.4%
9French Fixed Interest3.2%
Individual holdings
1BLACK DIAMOND GROUP LTD3.09%
2GM FINANCIAL 0.61% 07/162.48%
3FORD CREDIT 0.38% 15/02/162.47%
4ICG US CLO 2014-1 LTD 1.557% NTS 20/04/26 USD1000002.46%
5HUNTINGTON BANCSHARES INC2.01%
6KINGSWOOD MORTGAGES 2015-1 PLC MTG BKD FRN 27/10/52 EUR A2.01%
7SUNRISE ASIAN LTD2.01%
8CFHL FRN 27/04/54 EUR1000001.98%
9CELF LOAN PARTNERS BV CLS`B`SNR SEC DEF FRN 18/07/21 EUR1.96%
Management
Fund manager group
Credit Suisse
Fund manager company
Credit Suisse Fund Management
Fund type
Offshore Fund
Fund objective
The investment objective is to achieve capital appreciation in CHF within defined risk parameters. Investments may be denominated in any currency. The major part of the assets will be invested in fixed-interest and floating-rate securitized assets. The investments are made in securities which have a high credit quality and must be rated at least investment grade.
Benchmark
  • CB CS (Lux) Global Securitized Bond Fund USD
Investment style
Active
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Oliver Gasser11/11/2016Oliver R. Gasser, CFA has global responsibility for structured finance within the Fixed Income team of Credit Suisse Asset Management. Prior to joining Credit Suisse, Oliver Gasser was a Director at UBS from 2002 through 2007, where as a Credit Portfolio Manager he was responsible for credit (de-)investments of the loan book of Global WM&BB. Prior to that, Oliver worked in various roles in the fixed income trading and sales division of CS and CSFB Zurich for over 12 years. Mr. Gasser holds a Degree in BA from the University of Applied Sciences Zurich and qualified as a Chartered Financial Analyst (CFA) in 2006.
Harald Kloos11/11/2016Harald Kloos (BSc, M.A. HSG) is a Portfolio Manager for Global Credit & Securitized bond strategies. Before joining Credit Suisse Asset Management in 2015, he gained professional experience in structured products and equity derivatives in various roles at UBS and Goldman Sachs. Harald holds a bachelor’s degree in Business Administration from the EBS Universität für Wirtschaft und Recht in Wiesbaden, as well as a master’s degree in Banking and Finance from the University of St. Gallen. He is a 2017 Level III Candidate in the CFA Program.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Transparent for German Tax, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Austria, Switzerland, Germany, Spain, Finland, France, United Kingdom, Gibraltar, Italy, Liechtenstein, Luxembourg, Netherlands, Norway, Offshore, Singapore, Sweden
CS 1 (Lux) Global Securitized Bond DB USD
Initial charge-
Annual charge0.1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.1%
Total expense ratio (TER)0.1%
Bid price-
Offer price-
Mid price1010.15
CurrencyUSD
Price updated23/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFSTC
CS 1 (Lux) Global Securitized Bond EB USD
Initial charge3%
Annual charge0.42%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.57%
Total expense ratio (TER)0.57%
Bid price-
Offer price-
Mid price124.87
CurrencyUSD
Price updated23/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeEPN7
CS 1 (Lux) Global Securitized Bond EBH CHF
Initial charge3%
Annual charge0.42%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.57%
Total expense ratio (TER)0.57%
Bid price-
Offer price-
Mid price114.35
CurrencyCHF
Price updated23/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeEPN8
CS 1 (Lux) Global Securitized Bond EBH EUR
Initial charge3%
Annual charge0.42%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.57%
Total expense ratio (TER)0.57%
Bid price-
Offer price-
Mid price121.01
CurrencyEUR
Price updated23/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeEPN9
CS 1 (Lux) Global Securitized Bond IB USD
Initial charge3%
Annual charge0.42%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.61%
Total expense ratio (TER)0.61%
Bid price-
Offer price-
Mid price1012.38
CurrencyUSD
Price updated23/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFHSJ
CS 1 (Lux) Global Securitized Bond IBH CHF
Initial charge3%
Annual charge0.42%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.61%
Total expense ratio (TER)0.61%
Bid price-
Offer price-
Mid price964.03
CurrencyCHF
Price updated23/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFKHP
CS 1 (Lux) Global Securitized Bond IBH EUR
Initial charge3%
Annual charge0.42%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.61%
Total expense ratio (TER)0.61%
Bid price-
Offer price-
Mid price978.28
CurrencyEUR
Price updated23/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFIRZ
CS 1 (Lux) Global Securitized Bond IBH GBP
Initial charge3%
Annual charge0.42%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.61%
Total expense ratio (TER)0.61%
Bid price-
Offer price-
Mid price1002.03
CurrencyGBP
Price updated23/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFK5I
CS 1 (Lux) Global Securitized Bond MB USD
Initial charge0.5%
Annual charge0.05%
Min single investment£25,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.2%
Total expense ratio (TER)0.43%
Bid price-
Offer price-
Mid price1007.57
CurrencyUSD
Price updated23/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFR6R
Data provided by

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