Fact sheet: CS Lux Asia Corp Bd

Fund information
Fund name
CS (Lux) Asia Corporate Bond EB USD
Fund manager company
Credit Suisse Fund Management
Fund type
No data available.
Fund managers
  • Adrian Cheesince 25/09/2012
  • Lei Zhusince 25/09/2012
Fund objective
The fund invests primarily in USD denominated Asian debt instruments, bonds, notes, and similar fixed-interest or floating-rate securities of issuers domiciled in Asia or conducting their main business activities in Asia. The Fund aims to generate alpha from active management of duration, sector exposure, and issuer selection through fundamental bottom-up analyses based on risk/reward parameters.
Benchmark
  • JPM Asia Credit Index ex-Sovereign 1-10Y
Investment style
Active
Investment method
Fixed Interest
Quick stats
1 Year return
6.1%
1 Year rank in sector
6/24
Sector
FO Fixed Int - USD Corporate Bond
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.
0.55%
Fund size
£1,724m (£893m 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.
78
Top in this sector
Fund name1 Year
Invesco GblInvGrCorpBd11.7%
Franklin Fltng Rte II9.1%
StanLife Inv EM Corp Bd7.3%
Natixis Dur Hgd Gbl Corp Bd6.6%
CS Lux Asia Corp Bd6.1%
...more in FO Fixed Int - USD Corporate Bond

Performance snapshot

Holdings snapshot

  • China57.7%
    Others16%
    Hong Kong11.5%
    Japan3.7%
    India3.4%
  • Real Estate26.1%
    Banks18.3%
    Others12.1%
    Investment Companies10.3%
    Insurance8.8%
  • Chinese Fixed Interest57.7%
    Global Fixed Interest16%
    Hong Kong Fixed Interest11.5%
    Japanese Fixed Interest3.7%
    Indian Fixed Interest3.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.9%2.5%0.8%6.1%22.3%-
Sector1.5%1.9%0.7%5.5%10.9%20.2%
Rank within sector26 / 318 / 317 / 266 / 242 / 21-
Quartile4th2nd2nd1st1st
Calendar performance
 YTD - 20172016201520142013
Fund3.1%6.5%4.7%9%2.3%
Sector2.2%7.5%-1.2%5.4%-1.5%
Rank within sector3 / 319 / 222 / 222 / 193 / 16
Quartile1st2nd1st1st1st
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.
4.02
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.
0.86
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.
1.02
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%.
3.52
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.
1.9
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.
1.84
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.
0.73
Price movement
52 week high131.31
52 week low123.58
Current bid price-
Current offer price-
Current mid price131.23
Region
1China57.7%
2Others16%
3Hong Kong11.5%
4Japan3.7%
5India3.4%
6Korea2.8%
7Indonesia1.8%
8Singapore1.7%
9Thailand1%
Industry sector
1Real Estate26.1%
2Banks18.3%
3Others12.1%
4Investment Companies10.3%
5Insurance8.8%
6Financials7.7%
7Engineering5.5%
8Mineral Extraction4.4%
9Telecommunications4.2%
Asset type
1Chinese Fixed Interest57.7%
2Global Fixed Interest16%
3Hong Kong Fixed Interest11.5%
4Japanese Fixed Interest3.7%
5Indian Fixed Interest3.4%
6South Korean Fixed Interest2.8%
7Indonesian Fixed Interest1.8%
8Singapore Fixed Interest1.7%
9Thai Fixed Interest1%
Individual holdings
1UNIGROUP INTERNATIONAL HLDGS LTD 6% BDS 10/12/20 USD2000001.32%
2SHOUGANG GROUP 3.375% BDS 09/12/19 USD10001.3%
3PROVEN HONOUR CAPITAL LTD 4.125% BDS 06/05/26 USD2000001.25%
4SHUI ON DEVELOPMENT(HLDG)LTD 5.7% NTS 06/02/21 USD2000001.23%
5SINO-OCEAN LAND TREASURE FIN I LI 4.45% NTS 04/02/20 USD2000001.14%
6CHINA CINDA FINANCE 4.25% NTS 23/04/25 USD200000144A1.12%
7TUSPARK FORWARD 4.3% BDS 19/10/19 USD2000001.08%
8XZ ECO TECH DEV ZONE 16/06/191.08%
9NWD (MTN) LTD 4.375% BDS 30/11/22 USD2000001.07%
Management
Fund manager group
Credit Suisse
Fund manager company
Credit Suisse Fund Management
Fund type
No data available.
Fund objective
The fund invests primarily in USD denominated Asian debt instruments, bonds, notes, and similar fixed-interest or floating-rate securities of issuers domiciled in Asia or conducting their main business activities in Asia. The Fund aims to generate alpha from active management of duration, sector exposure, and issuer selection through fundamental bottom-up analyses based on risk/reward parameters.
Benchmark
  • JPM Asia Credit Index ex-Sovereign 1-10Y
Investment style
Active
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Adrian Chee25/09/2012Adrian Chee, Director, Senior Portfolio Manager within Credit Suisse Asset Management. He manages Emerging Market and Asian corporates portfolios and funds. Before joining Credit Suisse in 2012, Adrian worked for WesternAsset Management in Singapore, managing Asian hard and local currency IG and non-IG corporates. Prior he worked for Standard & Poor's Infrastructure and Financial Services Ratings unit as a credit analyst for corporates and financial institutions in South East Asia and South Asia. Before, Adrian was risk manager at Standard Chartered Bank, Singapore. Adrian has more than 20 years of investment experience in Asian Fixed Income and Credit Markets.He holds a Bachelor of Economics from the La Trobe University, Australia, where he focused on Banking and Finance.
Lei Zhu25/09/2012Lei Zhu, Vice President, Senior Portfolio Manager within Credit Suisse Asset Management. She manages Emerging Market and Asian credit portfolios and funds with a focus on China CNH and CNY. Before joining Credit Suisse in2012, Lei worked for DBS Bank in Singapore, managing fixed income portfolios of Asian sovereigns and corporates, specializing in Asian IG and High Yield issuers. In particular, she used to manage CNH bond investment portfolios and USD Global Credit Funds. Lei has more than 8 years of investment experience in Asian Fixed Income and Credit Markets. She is a CFA charter-holder and holds a Master of Science in Business Administration from the University of British Columbia in Vancouver,Canada.
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, Chile, Germany, Spain, Finland, France, United Kingdom, Italy, Liechtenstein, Luxembourg, Netherlands, Norway, Offshore, Singapore, Sweden
CS (Lux) Asia Corporate Bond A USD
Initial charge5%
Annual charge1.1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.3%
Total expense ratio (TER)1.3%
Bid price-
Offer price-
Mid price108.73
CurrencyUSD
Price updated19/04/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeF3EO
CS (Lux) Asia Corporate Bond AD USD
Initial charge5%
Annual charge1.1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.3%
Total expense ratio (TER)1.3%
Bid price-
Offer price-
Mid price102.82
CurrencyUSD
Price updated19/04/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeF7YQ
CS (Lux) Asia Corporate Bond AH AUD
Initial charge-
Annual charge1.1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.3%
Total expense ratio (TER)1.3%
Bid price-
Offer price-
Mid price105.94
CurrencyAUD
Price updated19/04/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFTXM
CS (Lux) Asia Corporate Bond AH EUR
Initial charge5%
Annual charge1.1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.3%
Total expense ratio (TER)1.3%
Bid price-
Offer price-
Mid price104.13
CurrencyEUR
Price updated19/04/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFJNG
CS (Lux) Asia Corporate Bond AH SGD
Initial charge5%
Annual charge1.1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.3%
Total expense ratio (TER)1.3%
Bid price-
Offer price-
Mid price109.69
CurrencySGD
Price updated19/04/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeF3EV
CS (Lux) Asia Corporate Bond B USD
Initial charge5%
Annual charge1.1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.3%
Total expense ratio (TER)1.3%
Bid price-
Offer price-
Mid price127.07
CurrencyUSD
Price updated19/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF3EP
CS (Lux) Asia Corporate Bond BH AUD
Initial charge-
Annual charge1.1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.29%
Total expense ratio (TER)1.29%
Bid price-
Offer price-
Mid price112.87
CurrencyAUD
Price updated19/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFTXN
CS (Lux) Asia Corporate Bond BH CHF
Initial charge5%
Annual charge1.1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.3%
Total expense ratio (TER)1.3%
Bid price-
Offer price-
Mid price120.23
CurrencyCHF
Price updated19/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF3ER
CS (Lux) Asia Corporate Bond BH EUR
Initial charge5%
Annual charge1.1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.3%
Total expense ratio (TER)1.3%
Bid price-
Offer price-
Mid price122.54
CurrencyEUR
Price updated19/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF3ES
CS (Lux) Asia Corporate Bond CBH EUR
Initial charge-
Annual charge1.1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price101.02
CurrencyEUR
Price updated19/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeEB7C
CS (Lux) Asia Corporate Bond DB USD
Initial charge-
Annual charge0.1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.1%
Total expense ratio (TER)0.1%
Bid price-
Offer price-
Mid price1143.14
CurrencyUSD
Price updated19/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFSRY
CS (Lux) Asia Corporate Bond EA USD
Initial charge3%
Annual charge0.4%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.54%
Total expense ratio (TER)0.61%
Bid price-
Offer price-
Mid price105.61
CurrencyUSD
Price updated19/04/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFR1H
CS (Lux) Asia Corporate Bond EB USD
Initial charge3%
Annual charge0.4%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.55%
Total expense ratio (TER)0.6%
Bid price-
Offer price-
Mid price131.23
CurrencyUSD
Price updated19/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF3EQ
CS (Lux) Asia Corporate Bond EBH CHF
Initial charge3%
Annual charge0.4%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.58%
Total expense ratio (TER)0.6%
Bid price-
Offer price-
Mid price124.26
CurrencyCHF
Price updated19/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF3ET
CS (Lux) Asia Corporate Bond EBH EUR
Initial charge3%
Annual charge0.4%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.57%
Total expense ratio (TER)0.6%
Bid price-
Offer price-
Mid price126.52
CurrencyEUR
Price updated19/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF3EU
CS (Lux) Asia Corporate Bond IA USD
Initial charge3%
Annual charge0.55%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.75%
Total expense ratio (TER)0.75%
Bid price-
Offer price-
Mid price105.42
CurrencyUSD
Price updated19/04/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFLGW
CS (Lux) Asia Corporate Bond IB USD
Initial charge3%
Annual charge0.55%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.75%
Total expense ratio (TER)0.75%
Bid price-
Offer price-
Mid price125.25
CurrencyUSD
Price updated19/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFELL
CS (Lux) Asia Corporate Bond IBH EUR
Initial charge3%
Annual charge0.55%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.75%
Total expense ratio (TER)0.75%
Bid price-
Offer price-
Mid price124.54
CurrencyEUR
Price updated19/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFCGK
CS (Lux) Asia Corporate Bond MB USD
Initial charge-
Annual charge0.3%
Min single investment£25,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.43%
Total expense ratio (TER)0.3%
Bid price-
Offer price-
Mid price1022.83
CurrencyUSD
Price updated19/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeEAVP
CS (Lux) Asia Corporate Bond MBH EUR
Initial charge-
Annual charge0.3%
Min single investment£25,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.44%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price989.98
CurrencyEUR
Price updated01/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeEAVQ
CS (Lux) Asia Corporate Bond UA USD
Initial charge5%
Annual charge0.65%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.85%
Total expense ratio (TER)0.85%
Bid price-
Offer price-
Mid price103.94
CurrencyUSD
Price updated19/04/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFRIA
CS (Lux) Asia Corporate Bond UAH EUR
Initial charge5%
Annual charge0.65%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.83%
Total expense ratio (TER)0.83%
Bid price-
Offer price-
Mid price101.08
CurrencyEUR
Price updated19/04/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFRIH
CS (Lux) Asia Corporate Bond UAH SGD
Initial charge5%
Annual charge0.65%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.84%
Total expense ratio (TER)0.84%
Bid price-
Offer price-
Mid price104.89
CurrencySGD
Price updated19/04/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFRIF
CS (Lux) Asia Corporate Bond UB USD
Initial charge5%
Annual charge0.65%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.86%
Total expense ratio (TER)0.86%
Bid price-
Offer price-
Mid price112.56
CurrencyUSD
Price updated19/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFRIB
CS (Lux) Asia Corporate Bond UBH CHF
Initial charge5%
Annual charge0.65%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.85%
Total expense ratio (TER)0.85%
Bid price-
Offer price-
Mid price107.64
CurrencyCHF
Price updated19/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFRIC
CS (Lux) Asia Corporate Bond UBH EUR
Initial charge5%
Annual charge0.65%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.84%
Total expense ratio (TER)0.84%
Bid price-
Offer price-
Mid price109.42
CurrencyEUR
Price updated19/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFRID
Data provided by

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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.