Fact sheet: CS Nova (L) Mult Trend

Fund information
Fund name
CS Nova (Lux) Multi Trend EBH JPY
Fund manager company
Credit Suisse Fund Management
Fund type
Offshore Fund
Fund manager
  • Credit Suisse Asset Management LLCsince 20/10/2016
Fund objective
The aim of the Fund is to achieve investment results that correspond generally to the risk and return patterns of managed futures funds. The Fund obtains exposure to both up and down price trends in four broad asset classes – equities, fixed income, commodities and currencies. The Fund may take long and/or short positions in these asset classes and dynamically adjusts its exposure to individual asset classes based on a trend-following approach. The Fund may also aim to obtain exposure to other strategies commonly used by managed futures funds.
Benchmark
No data available.
Investment style
Systematic Trend
Investment method
Mixed
Quick stats
1 Year return
-9.4%
1 Year rank in sector
-
Sector
FO Hedge/Stru Prod - Mixed
Yield
-
Fund size
£84m
Top in this sector
Fund name1 Year
H2O MultiStrategies32.7%
Castellain Value26.2%
Garraway Fn Trds24.5%
GLG Mkt Neutral20.6%
Avia Altus18.1%
...more in FO Hedge/Stru Prod - Mixed

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.5%-4.1%-5.3%-9.4%--
Sector0.4%0%1.8%1.9%3.2%7.2%
Rank within sector128 / 163152 / 170153 / 160---
Quartile4th4th4th
Calendar performance
 YTD - 20172016201520142013
Fund-6.1%----
Sector1.1%-0.5%-0.6%5.1%1.4%
Rank within sector157 / 165----
Quartile4th
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 high103634
52 week low94975
Current bid price-
Current offer price-
Current mid price95396
Region
No data available.
Industry sector
No data available.
Asset type
No data available.
Individual holdings
No data available.
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 achieve investment results that correspond generally to the risk and return patterns of managed futures funds. The Fund obtains exposure to both up and down price trends in four broad asset classes – equities, fixed income, commodities and currencies. The Fund may take long and/or short positions in these asset classes and dynamically adjusts its exposure to individual asset classes based on a trend-following approach. The Fund may also aim to obtain exposure to other strategies commonly used by managed futures funds.
Benchmark
No data available.
Investment style
Systematic Trend
Investment method
Mixed
Fund manager
NameSinceBiography
Credit Suisse Asset Management LLC20/10/2016
Compliance
UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom, Luxembourg, Norway, Offshore
CS Nova (Lux) Multi Trend EBH JPY
Initial charge3%
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 price95396
CurrencyJPY
Price updated23/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNIXJ
CS Nova (Lux) Multi Trend MB USD
Initial charge-
Annual charge0.55%
Min single investment£25,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price957.03
CurrencyUSD
Price updated23/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE6DD
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.