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

1.32 %

1 Year rank in sector

18/27

Sector

FO Hedge/Stru Prod - Fixed Int

Yield
-
Fund size

£ 568.2 m

FE Risk score

89

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • USA
    60.59%
  • Germany
    8.09%
  • International
    5.85%
  • Spain
    5.32%
  • UK
    4.13%
  • AAA
    66.59%
  • BBB
    7.8%
  • BBB-
    6.27%
  • A-
    4.35%
  • BBB+
    4.1%
  • US Fixed Interest
    60.59%
  • German Fixed Interest
    8.09%
  • Supranational Fixed Interest
    5.85%
  • Spanish Fixed Interest
    5.32%
  • UK Fixed Interest
    4.13%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-1.48 %-1.56 %1.32 %6.86 %0 %
Sector-0.29 %0.67 %2.83 %-11.42 %-15.07 %
Rank within sector27 / 2928 / 3118 / 2714 / 23 /
Quartile th4 th4 th3 rd3 rd th

Calendar performance

YTD-20172016201520142013
Fund0.96 %5.59 %-0.3 %0 %0 %
Sector2.11 %1.7 %-14.45 %0.63 %-5.68 %
Rank within sector19 / 309 / 2618 / 23 / /
Quartile th3 rd2 nd4 th th th

Price movement

52 week high109.84
52 week low104.88
Current bid price0
Current offer price0
Current mid price106.96

Holdings by region

  • 60.59% USA
  • 8.09% Germany
  • 5.85% International
  • 5.32% Spain
  • 4.13% UK
  • 3.07% France
  • 2.73% Canada
  • 2.66% Sweden
  • 1.32% Russia
  • 1.03% Switzerland

Holdings by sector

  • 66.59% AAA
  • 7.8% BBB
  • 6.27% BBB-
  • 4.35% A-
  • 4.1% BBB+
  • 4.04% A+
  • 3.07% BB+
  • 2.75% A
  • 0.71% AA+
  • 0.32% AA-

Holdings by asset type

  • 60.59% US Fixed Interest
  • 8.09% German Fixed Interest
  • 5.85% Supranational Fixed Interest
  • 5.32% Spanish Fixed Interest
  • 4.13% UK Fixed Interest
  • 3.07% French Fixed Interest
  • 2.73% Canadian Fixed Interest
  • 2.66% Swedish Fixed Interest
  • 1.32% Russian Fixed Interest
  • 1.03% Swiss Fixed Interest

Individual holdings

-