Fact sheet: CS Inv2CS(Lux)JapanValEq

Fund information
Fund name
CS Investment 2 CS (Lux) Japan Value Equity B JPY
Fund manager company
Credit Suisse Fund Management
Fund type
Offshore Fund
Fund manager
  • Gregor Trachselsince 13/07/2010
Fund objective
The Credit Suisse (Lux) Japan Value Equity Fund pursues a "deep value" approach based on the classic Graham & Dodd discipline. To this end the fund invests in undervalued companies which are domiciled or conduct a majority of their business activities in Japan. The investment decisions are not made on the basis of a benchmark; nevertheless, investors can use the MSCI Japan Index as a long-term yardstick. The value approach can deliver above-average results over a long period because it disciplines investors not to pay too much for an investment.
Benchmark
  • MSCI Japan
Investment style
Active,Value
Investment method
Shares
Quick stats
1 Year return
4.9%
1 Year rank in sector
36/109
Sector
FO Equity - Japan
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.
2.14%
Fund size
£12,646m (£14,172m 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.
118
Top in this sector
Fund name1 Year
Eastspring Inv JapFdVal34.6%
GAM Star Jap Eq32.3%
Lindsell Train Japnse Eq30%
Russell IC Japan Equity28.1%
JOHCM Japan27%
...more in FO Equity - Japan

Performance snapshot

Holdings snapshot

  • Japan100%
  • Industrials35.5%
    Materials15.7%
    Consumer Staples11.3%
    Utilities9.2%
    Consumer Discretionary8.2%
  • Japanese Equities100%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund10.8%18.7%18.1%4.9%33.7%127.6%
Sector5%8.3%11.2%2.4%25.1%92.6%
Rank within sector18 / 1177 / 11724 / 11636 / 10932 / 9110 / 84
Quartile1st1st1st2nd2nd1st
Calendar performance
 YTD - 20162015201420132012
Fund6%9.1%8.9%48.8%22%
Sector3.4%11.8%4.1%43.2%13.9%
Rank within sector35 / 11076 / 10123 / 9137 / 888 / 83
Quartile2nd4th2nd2nd1st
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.
1.65
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.
0.94
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.
0.31
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%.
14.3
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.
6.2
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.
0.18
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.
0.82
Price movement
52 week high2035
52 week low1553
Current bid price-
Current offer price-
Current mid price2035
Region
1Japan100%
Industry sector
1Industrials35.49%
2Materials15.67%
3Consumer Staples11.33%
4Utilities9.21%
5Consumer Discretionary8.21%
6Financials6.01%
7Information Technology5.46%
8Energy3.35%
9Real Estate2.5%
Asset type
1Japanese Equities100%
Individual holdings
1ASAHI HLDGS INC2.24%
2MARUYAMA MANUFACTURING CO2.24%
3HOKKAIDO GAS CO2.17%
4GAKKEN HOLDINGS CO LTD2.15%
5JBCC HLDGS INC2.11%
6TAISEI LAMICK CO2.06%
7MITSUBISHI HEAVY INDUSTRIES2.02%
8OENON HLDGS INC2%
9NIPPON VALQUA INDUSTRIES1.95%
Management
Fund manager group
Credit Suisse
Fund manager company
Credit Suisse Fund Management
Fund type
Offshore Fund
Fund objective
The Credit Suisse (Lux) Japan Value Equity Fund pursues a "deep value" approach based on the classic Graham & Dodd discipline. To this end the fund invests in undervalued companies which are domiciled or conduct a majority of their business activities in Japan. The investment decisions are not made on the basis of a benchmark; nevertheless, investors can use the MSCI Japan Index as a long-term yardstick. The value approach can deliver above-average results over a long period because it disciplines investors not to pay too much for an investment.
Benchmark
  • MSCI Japan
Investment style
Active,Value
Investment method
Shares
Fund manager
NameSinceBiography
Gregor Trachsel13/07/2010Gregor P. Trachsel, Director, is in charge of Value Investments within the Global Equity Team in Zurich. He recently joined Credit Suisse from M.M. Warburg Bank (Switzerland) Ltd. Zurich, where he was investment manager for value-based equity portfolios. Prior to that, he held several positions in the Banking industry as investment manager and buy-side analyst. He holds an MBA from the Columbia University Graduate School of Business, New York, in Accounting (Security Analysis) and Finance (Money Management).
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, Chile, Germany, Spain, Finland, France, United Kingdom, Italy, Liechtenstein, Luxembourg, Netherlands, Norway, Offshore, Singapore, Sweden
CS Investment 2 CS (Lux) Japan Value Equity B JPY
Initial charge5%
Annual charge1.92%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.14%
Total expense ratio (TER)2.2%
Bid price-
Offer price-
Mid price2035
CurrencyJPY
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNIA8
CS Investment 2 CS (Lux) Japan Value Equity EB JPY
Initial charge3%
Annual charge0.9%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.08%
Total expense ratio (TER)1.15%
Bid price-
Offer price-
Mid price11916
CurrencyJPY
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKGV9
CS Investment 2 CS (Lux) Japan Value Equity IB JPY
Initial charge3%
Annual charge0.9%
Min single investment£50,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.13%
Total expense ratio (TER)1.18%
Bid price-
Offer price-
Mid price2280
CurrencyJPY
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF1RD
CS Investment 2 CS (Lux) Japan Value Equity UB JPY
Initial charge-
Annual charge1.15%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.42%
Bid price-
Offer price-
Mid price1116
CurrencyJPY
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFSGR
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.