Fact sheet: CS Idx (Lux) Eq Wld Min Volt

Fund information
Fund name
CS Index (Lux) Equities World Minimum Volatility FB USD
Fund manager company
Credit Suisse Fund Management
Fund type
Offshore Fund
Fund manager
  • Credit Suisse AG, Index Solutionssince 08/12/2015
Fund objective
The fund is managed with a "passive" approach and is distinguished by its broad diversification, minimal tracking error, and cost-effective management. Strategy indices deliberately deviate from market capitalization in their weighting in order to capture factor premiums or reduce the investment risk. MSCI Minimum Volatility is a strategy index that determines the portfolio with the least volatility from the stocks of the parent MSCI index. The index has historically shown lower realized volatility and lower beta relative to the MSCI parent index, with a bias toward stocks in smaller companies, less volatile stocks, and stocks with lower idiosyncratic risks.
Benchmark
  • MSCI WORLD MINIMUM VOLATILITY INDEX
Investment style
Passive/Tracking
Investment method
Shares, Physical – Sampled/Optimised
Quick stats
1 Year return
-
1 Year rank in sector
-
Sector
FO Equity - International
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.
0.28%
Fund size
£49m (£23m last year)
Top in this sector
Fund name1 Year
Dodge & Cox Gbl Stk39.7%
T. Rowe Price GblFcsGrEq38.3%
Morg Stnly Global Discovery36.4%
RWC Global Horizon36.3%
Melchior ST Gbl Eq34.9%
...more in FO Equity - International

Performance snapshot

Holdings snapshot

  • USA63.2%
    Japan13.4%
    Switzerland5.3%
    Canada5.3%
    Hong Kong3.8%
  • Health Care17.5%
    Consumer Staples14.7%
    Financials12.8%
    Information Technology10.1%
    Industrials8.8%
  • US Equities63.2%
    Japanese Equities13.4%
    Swiss Equities5.3%
    Canadian Equities5.3%
    Hong Kong Equities3.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.9%5.1%7.2%---
Sector1.3%4.6%8.4%14.1%22%55.2%
Rank within sector337 / 510141 / 507341 / 500---
Quartile3rd2nd3rd
Calendar performance
 YTD - 20172016201520142013
Fund6.8%----
Sector6.4%7.9%0.7%6%21.3%
Rank within sector225 / 507----
Quartile2nd
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 high106.34
52 week low96.78
Current bid price-
Current offer price-
Current mid price106.34
Region
1USA63.19%
2Japan13.43%
3Switzerland5.35%
4Canada5.29%
5Hong Kong3.81%
6UK2.79%
7Singapore1.37%
8Denmark1.32%
9Israel0.77%
Industry sector
1Health Care17.55%
2Consumer Staples14.7%
3Financials12.79%
4Information Technology10.1%
5Industrials8.81%
6Utilities8.32%
7Telecommunications Utilities8.14%
8Consumer Discretionary7.96%
9Real Estate6.81%
Asset type
1US Equities63.19%
2Japanese Equities13.43%
3Swiss Equities5.35%
4Canadian Equities5.29%
5Hong Kong Equities3.81%
6UK Equities2.79%
7Singapore Equities1.37%
8Danish Equities1.32%
9Israeli Equities0.77%
Individual holdings
No data available.
Management
Fund manager group
Credit Suisse
Fund manager company
Credit Suisse Fund Management
Fund type
Offshore Fund
Fund objective
The fund is managed with a "passive" approach and is distinguished by its broad diversification, minimal tracking error, and cost-effective management. Strategy indices deliberately deviate from market capitalization in their weighting in order to capture factor premiums or reduce the investment risk. MSCI Minimum Volatility is a strategy index that determines the portfolio with the least volatility from the stocks of the parent MSCI index. The index has historically shown lower realized volatility and lower beta relative to the MSCI parent index, with a bias toward stocks in smaller companies, less volatile stocks, and stocks with lower idiosyncratic risks.
Benchmark
  • MSCI WORLD MINIMUM VOLATILITY INDEX
Investment style
Passive/Tracking
Investment method
Shares, Physical – Sampled/Optimised
Fund manager
NameSinceBiography
Credit Suisse AG, Index Solutions08/12/2015Credit Suisse (Deutschland) Aktiengesellschaft operates as an investment bank, which provides various financial products and investment advisory services to institutional, corporate, government, and individual customers worldwide. The company operates in two segments, Institutional Securities (IS) and Financial Services. The IS segment provides financial advisory, capital raising, and sales and trading services for users and suppliers of capital. The IS segment is comprised of three divisions: Fixed Income, Equity, and Investment Banking. The Fixed Income division underwrites, trades, and distributes fixed income financial instruments, and offers derivatives and risk management products.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Austria, Switzerland, Germany, Spain, France, United Kingdom, Italy, Liechtenstein, Luxembourg, Netherlands, Norway, Offshore, Singapore, Sweden
CS Index (Lux) Equities World Minimum Volatility DB
Initial charge0.07%
Annual charge0.09%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.09%
Total expense ratio (TER)0.09%
Bid price-
Offer price-
Mid price1166.33
CurrencyCHF
Price updated24/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE5AU
CS Index (Lux) Equities World Minimum Volatility FB USD
Initial charge0.07%
Annual charge0.28%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.28%
Total expense ratio (TER)0.28%
Bid price-
Offer price-
Mid price106.34
CurrencyUSD
Price updated24/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE9WO
CS Index (Lux) Equities World Minimum Volatility QB EUR
Initial charge0.07%
Annual charge0.23%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.23%
Total expense ratio (TER)0.23%
Bid price-
Offer price-
Mid price1108.44
CurrencyEUR
Price updated24/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE8NV
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

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.