Fact sheet: CS Ind (L) Eq EmMkt MinVlt

Fund information
Fund name
CS Index (Lux) Equities Emerging Markets Minimum Volatility DB CHF
Fund manager company
Credit Suisse Fund Management
Fund type
Offshore Fund
Fund manager
  • Credit Suisse AG, Index Solutionssince 19/01/2016
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 Emerging Markets 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 - Emerging Markets
Yield
-
Fund size
£291m (£264m last year)
Top in this sector
Fund name1 Year
Charlemagne Magna New Frontrs44.8%
HSBC GIFEconScaleIxGEMEq39.4%
GAM Star Nth of Sth EM Eq39.2%
Dimensional EmMkt Tgt Val34.8%
Schroder ISF QEP Gl Eg Mts34.2%
...more in FO Equity - Emerging Markets

Performance snapshot

Holdings snapshot

  • China21.4%
    Taiwan17.5%
    Korea10.6%
    Malaysia7.5%
    Thailand6.3%
  • Financials23.2%
    Information Technology17.9%
    Consumer Staples13.1%
    Telecommunications Utilities11.7%
    Utilities7.6%
  • Chinese Equities21.4%
    Taiwanese Equities17.5%
    South Korean Equities10.6%
    Malaysian Equities7.5%
    Thai Equities6.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1%-3.8%3%---
Sector-2.1%-4.6%5.3%7.5%-7.1%1.2%
Rank within sector50 / 26393 / 267150 / 263---
Quartile1st2nd3rd
Calendar performance
 YTD - 20162015201420132012
Fund-----
Sector9.7%-14.3%-1.4%-0.7%14.2%
Rank within sector-----
Quartile
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 high1099.81
52 week low975.98
Current bid price-
Current offer price-
Current mid price1046.01
Region
1China21.36%
2Taiwan17.55%
3Korea10.58%
4Malaysia7.47%
5Thailand6.32%
6Indonesia5.07%
7Philippines4.7%
8India4.41%
9Chile3.63%
Industry sector
1Financials23.16%
2Information Technology17.93%
3Consumer Staples13.13%
4Telecommunications Utilities11.74%
5Utilities7.56%
6Health Care7.54%
7Industrials6.86%
8Consumer Discretionary6.23%
9Energy3.15%
Asset type
1Chinese Equities21.36%
2Taiwanese Equities17.55%
3South Korean Equities10.58%
4Malaysian Equities7.47%
5Thai Equities6.32%
6Indonesian Equities5.07%
7Philippine Equities4.7%
8Indian Equities4.41%
9Chilean Equities3.63%
Individual holdings
1TAIWAN SEMICONDUCTOR MANUFACTURING1.84%
2TENCENT HLDGS LTD1.81%
3IHH HEALTHCARE BHD1.51%
4CHUNGHWA TELECOM1.42%
5TAIWAN MOBILE CO1.42%
6PUBLIC BANK BERHAD1.36%
7BCO DE CHILE1.33%
8FAR EASTONE TELECOMMUNICATIONS1.24%
9TELEKOMUNIKASI INDONESIA(PERSERO)1.24%
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 Emerging Markets Minimum Volatility Index
Investment style
Passive/Tracking
Investment method
Shares, Physical – Sampled/Optimised
Fund manager
NameSinceBiography
Credit Suisse AG, Index Solutions19/01/2016
Compliance
Transparent for Austrian Tax, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Switzerland, Germany, Spain, France, United Kingdom, Italy, Liechtenstein, Luxembourg, Netherlands, Offshore, Singapore, Sweden
CS Index (Lux) Equities Emerging Markets Minimum Volatility DB CHF
Initial charge-
Annual charge0.13%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1046.01
CurrencyCHF
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE8AP
CS Index (Lux) Equities Emerging Markets Minimum Volatility DB USD
Initial charge-
Annual charge0.13%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1147.57
CurrencyUSD
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeC0KP
CS Index (Lux) Equities Emerging Markets Minimum Volatility EB EUR
Initial charge-
Annual charge0.32%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.32%
Bid price-
Offer price-
Mid price1036.59
CurrencyEUR
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE8NL
CS Index (Lux) Equities Emerging Markets Minimum Volatility FB USD
Initial charge-
Annual charge0.24%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.37%
Bid price-
Offer price-
Mid price100.07
CurrencyUSD
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeEA3A
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