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

2.99 %

1 Year rank in sector

16/29

Sector

FO Hedge/Stru Prod - Fixed Int

Yield
-
Fund size

£ 594.5 m

FE Risk score

88

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • USA
    56.38%
  • Germany
    8.1%
  • International
    5.9%
  • Spain
    5.32%
  • UK
    4.14%
  • AAA
    61.58%
  • BBB
    9.58%
  • BBB-
    6.71%
  • A+
    4.38%
  • A-
    4.36%
  • US Fixed Interest
    56.38%
  • German Fixed Interest
    8.1%
  • Supranational Fixed Interest
    5.9%
  • Spanish Fixed Interest
    5.32%
  • UK Fixed Interest
    4.14%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-0.6 %0.89 %2.99 %0 %0 %
Sector0.41 %1.37 %2.88 %-11.07 %-14.47 %
Rank within sector23 / 3016 / 3216 / 29 / /
Quartile th4 th2 nd3 rd th th

Calendar performance

YTD-20172016201520142013
Fund2.38 %5.59 %-0.3 %0 %0 %
Sector2.29 %1.7 %-14.45 %0.63 %-5.68 %
Rank within sector17 / 317 / 2820 / 25 / /
Quartile th3 rd1 st4 th th th

Price movement

52 week high109.84
52 week low104.88
Current bid price0
Current offer price0
Current mid price108.46

Holdings by region

  • 56.38% USA
  • 8.1% Germany
  • 5.9% International
  • 5.32% Spain
  • 4.14% UK
  • 3.94% France
  • 3.65% Canada
  • 3.38% Sweden
  • 1.32% Russia
  • 1.31% Switzerland

Holdings by sector

  • 61.58% AAA
  • 9.58% BBB
  • 6.71% BBB-
  • 4.38% A+
  • 4.36% A-
  • 4.12% BBB+
  • 3.79% A
  • 3.07% BB+
  • 1.04% AA-
  • 0.72% AA+

Holdings by asset type

  • 56.38% US Fixed Interest
  • 8.1% German Fixed Interest
  • 5.9% Supranational Fixed Interest
  • 5.32% Spanish Fixed Interest
  • 4.14% UK Fixed Interest
  • 3.94% French Fixed Interest
  • 3.65% Canadian Fixed Interest
  • 3.38% Swedish Fixed Interest
  • 1.32% Russian Fixed Interest
  • 1.31% Swiss Fixed Interest

Individual holdings

-