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
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 EUR 3 Months
Investment style
Absolute Return,Active,Multi Strategy
Investment method
Fixed Interest

Quick stats

1 Year return

1.92 %

1 Year rank in sector

18/26

Sector

FO Hedge/Stru Prod - Fixed Int

Yield
-
Fund size

£ 598.4 m

FE Risk score

86

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • USA
    54.16%
  • Germany
    8.06%
  • International
    5.86%
  • Spain
    5.28%
  • UK
    4.12%
  • AAA
    61.28%
  • BBB
    8.97%
  • BBB-
    6.92%
  • A+
    5.07%
  • A-
    4.5%
  • US Fixed Interest
    54.16%
  • German Fixed Interest
    8.06%
  • Supranational Fixed Interest
    5.86%
  • Spanish Fixed Interest
    5.28%
  • UK Fixed Interest
    4.12%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-0.58 %1.2 %1.92 %0 %0 %
Sector-0.12 %1.44 %3.61 %-11.84 %-14.62 %
Rank within sector20 / 2815 / 2918 / 26 / /
Quartile th3 rd3 rd3 rd th th

Calendar performance

YTD-20172016201520142013
Fund2.27 %5.59 %-0.3 %0 %0 %
Sector1.98 %1.7 %-14.45 %0.63 %-5.68 %
Rank within sector17 / 286 / 2620 / 24 / /
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 price108.35

Holdings by region

  • 54.16% USA
  • 8.06% Germany
  • 5.86% International
  • 5.28% Spain
  • 4.12% UK
  • 3.91% France
  • 3.61% Canada
  • 3.36% Sweden
  • 2.16% Switzerland
  • 1.31% Russia

Holdings by sector

  • 61.28% AAA
  • 8.97% BBB
  • 6.92% BBB-
  • 5.07% A+
  • 4.5% A-
  • 3.87% BBB+
  • 3.51% BB+
  • 3.46% A
  • 1.75% AA-
  • 0.67% AA+

Holdings by asset type

  • 54.16% US Fixed Interest
  • 8.06% German Fixed Interest
  • 5.86% Supranational Fixed Interest
  • 5.28% Spanish Fixed Interest
  • 4.12% UK Fixed Interest
  • 3.91% French Fixed Interest
  • 3.61% Canadian Fixed Interest
  • 3.36% Swedish Fixed Interest
  • 2.16% Swiss Fixed Interest
  • 1.31% Russian Fixed Interest

Individual holdings

-