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

1.71 %

1 Year rank in sector

20/29

Sector

FO Hedge/Stru Prod - Fixed Int

Yield
-
Fund size

£ 568.0 m

FE Risk score

89

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • USA
    69.49%
  • Germany
    6.26%
  • International
    5.25%
  • Spain
    4.77%
  • UK
    3.71%
  • AAA
    74%
  • BBB
    6.54%
  • BBB-
    5.55%
  • BBB+
    3.64%
  • A+
    3.59%
  • US Fixed Interest
    69.49%
  • German Fixed Interest
    6.26%
  • Supranational Fixed Interest
    5.25%
  • Spanish Fixed Interest
    4.77%
  • UK Fixed Interest
    3.71%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.46 %-0.63 %1.71 %7.73 %0 %
Sector0.17 %0.94 %2.61 %-11.12 %-15.13 %
Rank within sector3 / 2825 / 3220 / 2912 / 24 /
Quartile th1 st4 th3 rd2 nd th

Calendar performance

YTD-20172016201520142013
Fund1.98 %5.59 %-0.3 %0 %0 %
Sector2.4 %1.7 %-14.45 %0.63 %-5.68 %
Rank within sector15 / 3110 / 2718 / 24 / /
Quartile th2 nd2 nd3 rd th th

Risk statistics

Alpha2.74
Beta0.14
Sharpe-0
Volatility4.25
Tracking error6.79
Information ratio0.92
R-Squared0.04

Price movement

52 week high109.84
52 week low105.56
Current bid price0
Current offer price0
Current mid price108.04

Holdings by region

  • 69.49% USA
  • 6.26% Germany
  • 5.25% International
  • 4.77% Spain
  • 3.71% UK
  • 2.45% Canada
  • 2.39% Sweden
  • 1.17% France
  • 1.17% Russia
  • 0.89% Oman

Holdings by sector

  • 74% AAA
  • 6.54% BBB
  • 5.55% BBB-
  • 3.64% BBB+
  • 3.59% A+
  • 2.71% BB+
  • 2.14% A-
  • 0.9% A
  • 0.64% AA+
  • 0.29% AA-

Holdings by asset type

  • 69.49% US Fixed Interest
  • 6.26% German Fixed Interest
  • 5.25% Supranational Fixed Interest
  • 4.77% Spanish Fixed Interest
  • 3.71% UK Fixed Interest
  • 2.45% Canadian Fixed Interest
  • 2.39% Swedish Fixed Interest
  • 1.17% French Fixed Interest
  • 1.17% Russian Fixed Interest
  • 0.89% GCC Fixed Interest

Individual holdings

-