Fact sheet: CS IdxLUXGvrntBnd

Fund information
Fund name
CS Index (Lux) Government Bonds EUR FB EUR
Fund manager company
Credit Suisse Fund Management
Fund type
Offshore Fund
Fund manager
  • Credit Suisse AG, Index Solutionssince 16/11/2015
Fund objective
The fund is managed with an indexed method and is distinguished by broad diversification, low tracking errors, and low-cost management. The investment objective is to replicate the referenceindex as closely as possible and to minimize performance deviations from the benchmark. The CGBI WGBI EMU All Mats Index measuresthe performance of fixed-rate, local currency,investment grade sovereign bonds. It consists of the EMU-participating countries that meets pecific criteria for market size, credit quality, and barriers-to-entry.
Benchmark
  • Citigroup EMU Government Bond Index All Maturities
Investment style
Passive/Tracking
Investment method
Fixed Interest, Physical – Sampled/Optimised
Quick stats
1 Year return
-
1 Year rank in sector
-
Sector
FO Fixed Int - EUR Government
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
£758m (£705m last year)
Top in this sector
Fund name1 Year
BlueBay Inv Gr Eur Agg3.6%
JI Income Strategy CL1.7%
DPAM L Bonds Govt Sust0.5%
Blackrock UltrHi QltyEurGvBdIdx0.2%
DPAM INVEST B Bonds Eur0%
...more in FO Fixed Int - EUR Government

Performance snapshot

Holdings snapshot

  • France24.7%
    Italy23.6%
    Germany18.2%
    Spain14%
    Belgium6.4%
  • AA24.7%
    AAA24%
    BBB23.6%
    BBB+14%
    AA-6.4%
  • French Fixed Interest24.7%
    Italian Fixed Interest23.6%
    German Fixed Interest18.2%
    Spanish Fixed Interest14%
    Belgian Fixed Interest6.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.6%1%-2.7%---
Sector0.7%0.7%-3.2%-1%8.8%21.5%
Rank within sector13 / 3411 / 3516 / 34---
Quartile2nd2nd2nd
Calendar performance
 YTD - 20172016201520142013
Fund-1.2%----
Sector-0.9%2.2%0.4%11.4%1%
Rank within sector14 / 34----
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 high102.66
52 week low96.53
Current bid price-
Current offer price-
Current mid price97.97
Region
1France24.71%
2Italy23.59%
3Germany18.15%
4Spain14.04%
5Belgium6.37%
6Netherlands5.69%
7Austria3.7%
8Ireland1.92%
9Finland1.63%
Industry sector
1AA24.71%
2AAA24.03%
3BBB23.59%
4BBB+14.04%
5AA-6.37%
6AA+5.33%
7A1.92%
Asset type
1French Fixed Interest24.71%
2Italian Fixed Interest23.59%
3German Fixed Interest18.15%
4Spanish Fixed Interest14.04%
5Belgian Fixed Interest6.37%
6Dutch Fixed Interest5.69%
7Austrian Fixed Interest3.7%
8Irish Fixed Interest1.92%
9Finnish Fixed Interest1.63%
Individual holdings
1GERMANY(FEDERAL REPUBLIC OF) 0% BDS 17/04/20 EUR0.011%
2FRANCE OAT 25/11/190.95%
3FRANCE 25/10/230.93%
4GERMANY(FEDERAL REPUBLIC OF) 0% NTS 15/02/25 EUR0.010.91%
5FRANCE(GOVT OF) 0% NTS 25/05/20 EUR10.89%
6FRANCE(GOVT OF) 1.5% BDS 25/05/31 EUR10.82%
7GOVERNMENT OF FRANCE 25/04/410.81%
8FRANCE 25/04/200.79%
9FRANCE 25/10/320.78%
Management
Fund manager group
Credit Suisse
Fund manager company
Credit Suisse Fund Management
Fund type
Offshore Fund
Fund objective
The fund is managed with an indexed method and is distinguished by broad diversification, low tracking errors, and low-cost management. The investment objective is to replicate the referenceindex as closely as possible and to minimize performance deviations from the benchmark. The CGBI WGBI EMU All Mats Index measuresthe performance of fixed-rate, local currency,investment grade sovereign bonds. It consists of the EMU-participating countries that meets pecific criteria for market size, credit quality, and barriers-to-entry.
Benchmark
  • Citigroup EMU Government Bond Index All Maturities
Investment style
Passive/Tracking
Investment method
Fixed Interest, Physical – Sampled/Optimised
Fund manager
NameSinceBiography
Credit Suisse AG, Index Solutions16/11/2015Credit 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, Transparent for German 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) Government Bonds EUR DB CHF
Initial charge0.1%
Annual charge0.02%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.02%
Total expense ratio (TER)0.02%
Bid price-
Offer price-
Mid price1022.49
CurrencyCHF
Price updated25/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE22I
CS Index (Lux) Government Bonds EUR DB EUR
Initial charge0.1%
Annual charge0.02%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.02%
Total expense ratio (TER)0.02%
Bid price-
Offer price-
Mid price1016.95
CurrencyEUR
Price updated25/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE22H
CS Index (Lux) Government Bonds EUR FB EUR
Initial charge0.1%
Annual charge0.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.2%
Total expense ratio (TER)0.2%
Bid price-
Offer price-
Mid price97.97
CurrencyEUR
Price updated25/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE9ZK
CS Index (Lux) Government Bonds EUR QB EUR
Initial charge0.1%
Annual charge0.15%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.15%
Total expense ratio (TER)0.15%
Bid price-
Offer price-
Mid price987.16
CurrencyEUR
Price updated25/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE8NZ
Data provided by

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