Fact sheet: CS Nova (L) Gbl Senior Loan

Fund information
Fund name
CS Nova (Lux) Global Senior Loan IA USD
Fund manager company
Credit Suisse Fund Management
Fund type
Offshore Fund
Fund manager
  • Credit Suisse AM Credit Investments Groupsince 01/07/2011
Fund objective
The aim of the Fund is to provide a high level of risk adjusted income by investing in higher yielding, secured and unsecured floating rate senior loans and other secured and unsecured senior floating rate debt instruments issued by corporations and other businesses globally. The Fund can also invest in certain derivative instruments. The Fund invests in instruments which are typically rated below investment grade credit quality (BB+ or below) or, if not rated, will be of equivalent credit quality. The underlying portfolio seeks to diversify its investments across issuers and industries at all times.
Benchmark
  • Credit Suisse Leveraged Loan Index
Investment style
High Yield
Investment method
Mixed
Quick stats
1 Year return
4.8%
1 Year rank in sector
175/287
Sector
FO Fixed Int - Global
Yield
-
Fund size
£4,524m (£3,489m 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.
13
Top in this sector
Fund name1 Year
Capital Group GHIOL33.2%
Aberdeen Global II GlGovtBd27.8%
Baring Intl Bd26.8%
Russell Gbl Bd26.5%
Capital Group GBdFL26.4%
...more in FO Fixed Int - Global

Performance snapshot

Holdings snapshot

  • USA74.2%
    Luxembourg6%
    Netherlands4.3%
    France3.8%
    Canada3%
  • Others28.7%
    Electronics12.8%
    Chemicals8.8%
    Conglomerates7.6%
    Health Care7.2%
  • US Fixed Interest74.2%
    Luxembourg Fixed Interest6%
    Dutch Fixed Interest4.3%
    French Fixed Interest3.8%
    Canadian Fixed Interest3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.5%2.3%5.3%4.8%11.1%29%
Sector-0.2%2.5%4.2%5.5%8.6%16.6%
Rank within sector31 / 304118 / 30292 / 300175 / 287102 / 22732 / 161
Quartile1st2nd2nd3rd2nd1st
Calendar performance
 YTD - 20162015201420132012
Fund6.4%1.8%1.2%5.2%9%
Sector6.2%-1.6%3.7%-1.6%8.2%
Rank within sector141 / 29636 / 276173 / 23713 / 20466 / 170
Quartile2nd1st3rd1st2nd
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.
1.76
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.
0.6
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.
0.04
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%.
2.67
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.
2.39
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.
0.23
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.
0.34
Price movement
52 week high1038.09
52 week low974.88
Current bid price-
Current offer price-
Current mid price1034.38
Region
1USA74.16%
2Luxembourg6%
3Netherlands4.28%
4France3.75%
5Canada3.04%
6Others2.46%
7UK2.35%
8Germany2.03%
9Cayman Islands1.3%
Industry sector
1Others28.65%
2Electronics12.76%
3Chemicals8.81%
4Conglomerates7.58%
5Health Care7.2%
6Broadcasting6.9%
7Financials6.75%
8Telecommunications6.45%
9Real Estate5.55%
Asset type
1US Fixed Interest74.16%
2Luxembourg Fixed Interest6%
3Dutch Fixed Interest4.28%
4French Fixed Interest3.75%
5Canadian Fixed Interest3.04%
6Global Fixed Interest2.46%
7UK Fixed Interest2.35%
8German Fixed Interest2.03%
9American Emerging Fixed Interest1.3%
Individual holdings
1AVAGO TECHNOLOGIES1.3%
2FIRST DATA CORPORATION0.93%
3ZIGGO NV0.91%
4VALEANT PHARMACEUTICALS0.86%
5BJS WHOLESALE CLUB0.74%
6EIRCOM FINCO S.A.R.L (AKA BCM IRELAND)0.74%
7ALBERTSONS COS INC0.72%
8US FOODSERVICE0.7%
9BERRY PLASTICS GROUP INC0.67%
Management
Fund manager group
Credit Suisse
Fund manager company
Credit Suisse Fund Management
Fund type
Offshore Fund
Fund objective
The aim of the Fund is to provide a high level of risk adjusted income by investing in higher yielding, secured and unsecured floating rate senior loans and other secured and unsecured senior floating rate debt instruments issued by corporations and other businesses globally. The Fund can also invest in certain derivative instruments. The Fund invests in instruments which are typically rated below investment grade credit quality (BB+ or below) or, if not rated, will be of equivalent credit quality. The underlying portfolio seeks to diversify its investments across issuers and industries at all times.
Benchmark
  • Credit Suisse Leveraged Loan Index
Investment style
High Yield
Investment method
Mixed
Fund manager
NameSinceBiography
Credit Suisse AM Credit Investments Group01/07/2011
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Transparent for German Tax, Reporting Fund Status, UCIS, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom, Luxembourg, Offshore, Singapore
CS Nova (Lux) Global Senior Loan A USD
Initial charge5%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.66%
Bid price-
Offer price-
Mid price103.31
CurrencyUSD
Price updated21/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code04OE
CS Nova (Lux) Global Senior Loan AH CHF
Initial charge5%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.66%
Bid price-
Offer price-
Mid price97.87
CurrencyCHF
Price updated21/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code04OG
CS Nova (Lux) Global Senior Loan AH EUR
Initial charge5%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.66%
Bid price-
Offer price-
Mid price105.14
CurrencyEUR
Price updated21/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code08J3
CS Nova (Lux) Global Senior Loan AH SGD
Initial charge5%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.66%
Bid price-
Offer price-
Mid price100.19
CurrencySGD
Price updated21/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFDFT
CS Nova (Lux) Global Senior Loan B USD
Initial charge5%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.67%
Bid price-
Offer price-
Mid price105.8
CurrencyUSD
Price updated21/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFMPU
CS Nova (Lux) Global Senior Loan BH JPY
Initial charge5%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.67%
Bid price-
Offer price-
Mid price10783
CurrencyJPY
Price updated21/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF6RK
CS Nova (Lux) Global Senior Loan EA USD
Initial charge3%
Annual charge0.55%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.69%
Bid price-
Offer price-
Mid price1014.22
CurrencyUSD
Price updated21/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFSIT
CS Nova (Lux) Global Senior Loan EAH CHF
Initial charge3%
Annual charge0.55%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.68%
Bid price-
Offer price-
Mid price984.9
CurrencyCHF
Price updated21/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFSIV
CS Nova (Lux) Global Senior Loan EAH EUR
Initial charge3%
Annual charge0.55%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.68%
Bid price-
Offer price-
Mid price997.33
CurrencyEUR
Price updated21/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFSIU
CS Nova (Lux) Global Senior Loan IA USD
Initial charge3%
Annual charge0.65%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.82%
Bid price-
Offer price-
Mid price1034.38
CurrencyUSD
Price updated21/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi code04OF
CS Nova (Lux) Global Senior Loan IAH CHF
Initial charge3%
Annual charge0.65%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.81%
Bid price-
Offer price-
Mid price982.06
CurrencyCHF
Price updated21/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi code04OH
CS Nova (Lux) Global Senior Loan IAH EUR
Initial charge3%
Annual charge0.65%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.82%
Bid price-
Offer price-
Mid price1009.48
CurrencyEUR
Price updated21/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi code05ZJ
CS Nova (Lux) Global Senior Loan IAH GBP
Initial charge3%
Annual charge0.65%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.82%
Bid price-
Offer price-
Mid price996.52
CurrencyGBP
Price updated21/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeF5PB
CS Nova (Lux) Global Senior Loan IB USD
Initial charge3%
Annual charge0.65%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.82%
Bid price-
Offer price-
Mid price1090.78
CurrencyUSD
Price updated21/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFH5K
CS Nova (Lux) Global Senior Loan MB USD
Initial charge1%
Annual charge0.5%
Min single investment£25,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.63%
Bid price-
Offer price-
Mid price1164.38
CurrencyUSD
Price updated21/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF4EE
CS Nova (Lux) Global Senior Loan MBH CHF
Initial charge1%
Annual charge0.5%
Min single investment£25,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.63%
Bid price-
Offer price-
Mid price1093.78
CurrencyCHF
Price updated21/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF7TO
CS Nova (Lux) Global Senior Loan MBH EUR
Initial charge1%
Annual charge0.5%
Min single investment£25,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.6%
Bid price-
Offer price-
Mid price1085.59
CurrencyEUR
Price updated21/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFF8X
CS Nova (Lux) Global Senior Loan UA USD
Initial charge5%
Annual charge0.9%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price106.24
CurrencyUSD
Price updated21/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeE8AK
CS Nova (Lux) Global Senior Loan UAH CHF
Initial charge5%
Annual charge0.9%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price103.63
CurrencyCHF
Price updated21/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeE6KO
Data provided by

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