Fact sheet: CS 1Lux Abs Rtn Bd

Fund information

Fund name
CS 1 (Lux) Absolute Return Bond EB USD
Fund company manager
Credit Suisse Fund Management
Fund type
SIB
Fund manager(s)
Dennis Essrich
since 14/11/2014
Massimiliano Gnesi
since 12/11/2014
Fund objective
The fund seeks to achieve positive absolute returns, regardless of credit and interest rate cycles, while adhering to a stringent management process. The fund allocates its assets between a strategic beta universe (short term investment grade bond portfolio) and a tactical alpha universe (risk limited directional and relative value strategies). The tactical universe consists of a wide range of fixed income return-enhancing strategies across both developed and emerging markets. The active strategies mostly involve long/short derivatives positions in interest rates, credit and currencies.
Benchmark
LIBOR CHF 3 month
Investment style
Absolute Return,Active,Multi Strategy
Investment method
Fixed Interest

Quick stats

1 Year return

2.21 %

1 Year rank in sector

16/32

Sector

FO Hedge/Stru Prod - Fixed Int

Yield
-
Fund size

£ 531.8 m

FE Risk score

89

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • USA
    66.66%
  • Germany
    5.88%
  • International
    5.51%
  • Spain
    5.04%
  • UK
    3.89%
  • AAA
    73.34%
  • BBB
    7.03%
  • BBB-
    6%
  • A+
    3.54%
  • BBB+
    3.21%
  • US Fixed Interest
    66.66%
  • German Fixed Interest
    5.88%
  • Supranational Fixed Interest
    5.51%
  • Spanish Fixed Interest
    5.04%
  • UK Fixed Interest
    3.89%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-0.01 %-1.25 %2.04 %6.43 %0 %
Sector0.23 %0.39 %2.63 %-8.03 %-15.54 %
Rank within sector21 / 3027 / 3316 / 3213 / 25 /
Quartile th3 rd4 th2 nd3 rd th

Calendar performance

YTD-20182017201620152014
Fund0.81 %1.41 %5.59 %-0.3 %0 %
Sector0.35 %2.22 %1.7 %-14.45 %0.63 %
Rank within sector6 / 2617 / 3211 / 2818 / 25 /
Quartile th1 st3 rd2 nd3 rd th

Risk statistics

Alpha2.84
Beta0.14
Sharpe-0
Volatility4.24
Tracking error6.79
Information ratio0.92
R-Squared0.04

Price movement

52 week high109.84
52 week low105.59
Current bid price0
Current offer price0
Current mid price108.3

Holdings by region

  • 66.66% USA
  • 5.88% Germany
  • 5.51% International
  • 5.04% Spain
  • 3.89% UK
  • 2.57% Canada
  • 2.51% Sweden
  • 1.24% Russia
  • 1.23% France
  • 0.93% Oman

Holdings by sector

  • 73.34% AAA
  • 7.03% BBB
  • 6% BBB-
  • 3.54% A+
  • 3.21% BBB+
  • 2.29% A-
  • 1.98% BB+
  • 0.93% BB
  • 0.69% A
  • 0.68% AA+

Holdings by asset type

  • 66.66% US Fixed Interest
  • 5.88% German Fixed Interest
  • 5.51% Supranational Fixed Interest
  • 5.04% Spanish Fixed Interest
  • 3.89% UK Fixed Interest
  • 2.57% Canadian Fixed Interest
  • 2.51% Swedish Fixed Interest
  • 1.24% Russian Fixed Interest
  • 1.23% French Fixed Interest
  • 0.93% GCC Fixed Interest

Individual holdings

-