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

3.49 %

1 Year rank in sector

16/29

Sector

FO Hedge/Stru Prod - Fixed Int

Yield
-
Fund size

£ 600.5 m

FE Risk score

84

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%
  • Global Government Fixed Interest
    60.53%
  • Global Fixed Interest
    28.93%
  • Cash & Cash Equivalents
    9.01%
  • Others
    1.3%
  • Alternative Investment Strategies
    0.23%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund1.59 %3 %3.49 %0 %0 %
Sector0.05 %2 %3.25 %-11.72 %-13.64 %
Rank within sector3 / 3013 / 3016 / 29 / /
Quartile th1 st2 nd3 rd th th

Calendar performance

YTD-20172016201520142013
Fund3.23 %5.45 %0 %0 %0 %
Sector1.89 %1.7 %-14.45 %0.63 %-5.68 %
Rank within sector12 / 309 / 29 / / /
Quartile th2 nd2 nd th th th

Price movement

52 week high106.47
52 week low101.89
Current bid price0
Current offer price0
Current mid price106.23

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

  • 60.53% Global Government Fixed Interest
  • 28.93% Global Fixed Interest
  • 9.01% Cash & Cash Equivalents
  • 1.3% Others
  • 0.23% Alternative Investment Strategies

Individual holdings

-