Fact sheet: CS 1Lux Gbl Val Bd

Fund information
Fund name
CS 1 (Lux) Global Value Bond B USD
Fund manager company
Credit Suisse Fund Management
Fund type
Offshore Fund
Fund manager
  • Oliver Gassersince 01/04/2009
Fund objective
The investment objective of the fund is to achieve capital appreciation within defined risk diversification rules by making long-biased opportunistic investments in the global fixed income market with active allocation between different credit sectors concentrating on both the investment grade and non-investment grade spectrum. The major part of the assets shall be invested in bonds, other fixed-interest securities (including zero bonds), floating-rate securities, asset and mortgage-backed securities, structured products, convertible bonds and synthetic assets. Investments may be denominated in any currency.
Benchmark
  • CB CS (Lux) Global Value Bond Fund USD
Investment style
Active
Investment method
Fixed Interest
Quick stats
1 Year return
5.3%
1 Year rank in sector
42/296
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.
0.99%
Fund size
£358m (£526m 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.
73
Top in this sector
Fund name1 Year
Capital Group GHIOL32.5%
Dodge & Cox Global Bond27.4%
HSBC GIF Gbl AsBk Bd24.3%
Russell Gbl Bd24.3%
Morg Stnly Gbl Mrtg Securts23.5%
...more in FO Fixed Int - Global

Performance snapshot

Holdings snapshot

  • International93.6%
    Money Market6.4%
  • Corporate Bonds35.2%
    Others19.5%
    Asset/Mortgage-Backed Securities14.2%
    Government Bonds13.5%
    High Yield Bond8.6%
  • Global Fixed Interest68.6%
    Global Government Fixed Interest21.4%
    Cash & Cash Equivalents6.5%
    Others3.2%
    International Equities0.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.7%0.1%3.1%5.3%3.8%17.4%
Sector-1.9%-2.1%0.9%2.9%5.6%14.2%
Rank within sector81 / 31555 / 31363 / 30842 / 296140 / 23667 / 169
Quartile2nd1st1st1st3rd2nd
Calendar performance
 YTD - 20162015201420132012
Fund6.3%-1.3%-1.8%2.8%10.1%
Sector3.9%-1.6%3.7%-1.6%8.2%
Rank within sector57 / 300149 / 276217 / 23728 / 20653 / 171
Quartile1st3rd4th1st2nd
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.
0.07
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.
0.68
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%.
3.16
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.
2.75
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.
-0.25
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.
0.31
Price movement
52 week high125.8
52 week low116.02
Current bid price-
Current offer price-
Current mid price124.8
Region
1International93.6%
2Money Market6.4%
Industry sector
1Corporate Bonds35.2%
2Others19.5%
3Asset/Mortgage-Backed Securities14.2%
4Government Bonds13.5%
5High Yield Bond8.6%
6Cash & Cash Equivalents6%
7Convertibles3%
Asset type
1Global Fixed Interest68.58%
2Global Government Fixed Interest21.43%
3Cash & Cash Equivalents6.47%
4Others3.22%
5International Equities0.52%
6Alternative Investment Strategies-0.2%
Individual holdings
1UNITED STATES OF AMER TREAS NOTES 0% NTS 31/01/19 USD10004.87%
2US TREASURY 15/02/184.84%
3US TREASURY 15/11/213.77%
4VTB CAPITAL 24/10/242.71%
5GLENCORE FINANCE 17/03/252.57%
6CENTRAL NIPPON EXPRESSWAY COMPANY 2.079% BDS 05/11/19 USD10002.47%
7JOHNSON & JOHNSON 1.875% NTS 05/12/19 USD20002.47%
8KREDITANSTALT FUER WIEDERAUFBAU KFW FRN 01/04/19 EUR500002.47%
9RBC 2%/13-011018 01/10/182.46%
Management
Fund manager group
Credit Suisse
Fund manager company
Credit Suisse Fund Management
Fund type
Offshore Fund
Fund objective
The investment objective of the fund is to achieve capital appreciation within defined risk diversification rules by making long-biased opportunistic investments in the global fixed income market with active allocation between different credit sectors concentrating on both the investment grade and non-investment grade spectrum. The major part of the assets shall be invested in bonds, other fixed-interest securities (including zero bonds), floating-rate securities, asset and mortgage-backed securities, structured products, convertible bonds and synthetic assets. Investments may be denominated in any currency.
Benchmark
  • CB CS (Lux) Global Value Bond Fund USD
Investment style
Active
Investment method
Fixed Interest
Fund manager
NameSinceBiography
Oliver Gasser01/04/2009Oliver 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.
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, Germany, Spain, Finland, France, United Kingdom, Gibraltar, Italy, Liechtenstein, Luxembourg, Netherlands, Norway, Offshore, Singapore, Sweden
CS 1 (Lux) Global Value Bond A USD
Initial charge5%
Annual charge0.9%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.04%
Total expense ratio (TER)1.09%
Bid price-
Offer price-
Mid price99.76
CurrencyUSD
Price updated30/11/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFJMI
CS 1 (Lux) Global Value Bond AH CHF
Initial charge5%
Annual charge0.9%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.04%
Total expense ratio (TER)1.09%
Bid price-
Offer price-
Mid price96
CurrencyCHF
Price updated30/11/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFE6B
CS 1 (Lux) Global Value Bond AH EUR
Initial charge5%
Annual charge0.9%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.04%
Total expense ratio (TER)1.09%
Bid price-
Offer price-
Mid price97.33
CurrencyEUR
Price updated30/11/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFE6A
CS 1 (Lux) Global Value Bond AH SGD
Initial charge5%
Annual charge0.9%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.04%
Total expense ratio (TER)1.05%
Bid price-
Offer price-
Mid price98.2
CurrencySGD
Price updated09/09/2015
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFHKX
CS 1 (Lux) Global Value Bond B USD
Initial charge5%
Annual charge0.9%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.99%
Total expense ratio (TER)1.09%
Bid price-
Offer price-
Mid price124.8
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeI0B0
CS 1 (Lux) Global Value Bond BH CHF
Initial charge5%
Annual charge0.9%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.99%
Total expense ratio (TER)1.09%
Bid price-
Offer price-
Mid price117.14
CurrencyCHF
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeI0B1
CS 1 (Lux) Global Value Bond BH EUR
Initial charge5%
Annual charge0.9%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.99%
Total expense ratio (TER)1.09%
Bid price-
Offer price-
Mid price121.4
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeI0B2
CS 1 (Lux) Global Value Bond DB USD
Initial charge-
Annual charge0.1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1029.05
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFV0L
CS 1 (Lux) Global Value Bond EB USD
Initial charge3%
Annual charge0.45%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.69%
Total expense ratio (TER)0.61%
Bid price-
Offer price-
Mid price154.05
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF6E5
CS 1 (Lux) Global Value Bond EBH CHF
Initial charge3%
Annual charge0.45%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.69%
Total expense ratio (TER)0.61%
Bid price-
Offer price-
Mid price145.7
CurrencyCHF
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF2O1
CS 1 (Lux) Global Value Bond EBH EUR
Initial charge3%
Annual charge0.45%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.69%
Total expense ratio (TER)0.61%
Bid price-
Offer price-
Mid price152.79
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF2O0
CS 1 (Lux) Global Value Bond IBH CHF
Initial charge3%
Annual charge0.45%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.59%
Total expense ratio (TER)0.64%
Bid price-
Offer price-
Mid price1012.57
CurrencyCHF
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFFEU
CS 1 (Lux) Global Value Bond IBH EUR
Initial charge3%
Annual charge0.45%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.64%
Total expense ratio (TER)0.65%
Bid price-
Offer price-
Mid price114.01
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMFO7
CS 1 (Lux) Global Value Bond UA USD
Initial charge5%
Annual charge0.55%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.75%
Bid price-
Offer price-
Mid price104.24
CurrencyUSD
Price updated30/11/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFRKC
CS 1 (Lux) Global Value Bond UAH CHF
Initial charge5%
Annual charge0.55%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.75%
Bid price-
Offer price-
Mid price100.84
CurrencyCHF
Price updated30/11/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFRKD
CS 1 (Lux) Global Value Bond UAH EUR
Initial charge5%
Annual charge0.55%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.77%
Bid price-
Offer price-
Mid price102.22
CurrencyEUR
Price updated30/11/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFRKE
CS 1 (Lux) Global Value Bond UAH SGD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price102.18
CurrencySGD
Price updated09/09/2015
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFRKF
CS 1 (Lux) Global Value Bond UB USD
Initial charge5%
Annual charge0.55%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.76%
Bid price-
Offer price-
Mid price105.94
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFRKG
CS 1 (Lux) Global Value Bond UBH CHF
Initial charge5%
Annual charge0.55%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.76%
Bid price-
Offer price-
Mid price102.7
CurrencyCHF
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFRKH
CS 1 (Lux) Global Value Bond UBH EUR
Initial charge5%
Annual charge0.55%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.76%
Bid price-
Offer price-
Mid price104.04
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFRKI
Data provided by

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