Fact sheet: CS 1Lux Abs Rtn Bd

Fund information

Fund name
CS 1 (Lux) Absolute Return Bond UB 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

2.71 %

1 Year rank in sector

17/28

Sector

FO Hedge/Stru Prod - Fixed Int

Yield
-
Fund size

£ 579.4 m

FE Risk score

82

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • USA
    54.34%
  • Germany
    7.83%
  • International
    5.68%
  • Spain
    5.13%
  • UK
    3.99%
  • AAA
    59.01%
  • BBB
    9.24%
  • BBB-
    7.14%
  • A+
    4.99%
  • A
    4.85%
  • US Fixed Interest
    54.34%
  • German Fixed Interest
    7.83%
  • Supranational Fixed Interest
    5.68%
  • Spanish Fixed Interest
    5.13%
  • UK Fixed Interest
    3.99%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-0.95 %1.16 %1.98 %0 %0 %
Sector-0.13 %2.14 %3.23 %-11.47 %-13.93 %
Rank within sector28 / 2917 / 3017 / 28 / /
Quartile th4 th3 rd3 rd th th

Calendar performance

YTD-20172016201520142013
Fund2.35 %5.45 %0 %0 %0 %
Sector2.05 %1.7 %-14.45 %0.63 %-5.68 %
Rank within sector18 / 308 / 28 / / /
Quartile th3 rd2 nd th th th

Price movement

52 week high106.63
52 week low101.89
Current bid price0
Current offer price0
Current mid price105.33

Holdings by region

  • 54.34% USA
  • 7.83% Germany
  • 5.68% International
  • 5.13% Spain
  • 3.99% UK
  • 3.8% France
  • 3.5% Canada
  • 3.27% Sweden
  • 2.09% Switzerland
  • 1.27% Russia

Holdings by sector

  • 59.01% AAA
  • 9.24% BBB
  • 7.14% BBB-
  • 4.99% A+
  • 4.85% A
  • 4.64% A-
  • 4.01% BBB+
  • 3.62% BB+
  • 1.8% AA-
  • 0.7% AA+

Holdings by asset type

  • 54.34% US Fixed Interest
  • 7.83% German Fixed Interest
  • 5.68% Supranational Fixed Interest
  • 5.13% Spanish Fixed Interest
  • 3.99% UK Fixed Interest
  • 3.8% French Fixed Interest
  • 3.5% Canadian Fixed Interest
  • 3.27% Swedish Fixed Interest
  • 2.09% Swiss Fixed Interest
  • 1.27% Russian Fixed Interest

Individual holdings

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