Fact sheet: CS 1Lux Ctgt Cap Eur

Fund information

Fund name
CS 1 (Lux) Contingent Capital Euro QB EUR
Fund company manager
Credit Suisse Fund Management
Fund type
SIB
Fund manager(s)
Roger Wyss
since 05/01/2015
Fund objective
The fund aims to generate both income and capital growth, while seeking to preserve capital through adequate diversification. To achieve this objective the fund invests at least two-thirds of its assets in contingent capital securities and other hybrid, subordinated financial instruments issued by financial institutions. These securities are predominantly rated below investment grade. The main focus is on banks and insurance companies with solid capitalization, where the additional risk of this lower credit segment is expected to be compensated with higher returns. In order to manage risk and liquidity the fund maintains flexibility to invest across the capital structure (eg. adding senior bonds) and may use financial derivative instruments to hedge existing positions.
Benchmark
CB CS (Lux) Contingent Capital Euro Fund USD
Investment style
Active,High Yield
Investment method
Convertibles

Quick stats

1 Year return

14.33 %

1 Year rank in sector

6/78

Sector

FO Convertible

Yield
-
Fund size

£ 34.9 m

FE Risk score

87

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • UK
    17.32%
  • France
    13.12%
  • Netherlands
    11.37%
  • Sweden
    9.17%
  • Switzerland
    8.67%
  • Convertibles
    77.03%
  • Others
    21.08%
  • Cash & Cash Equivalents
    1.89%
  • UK Fixed Interest
    17.32%
  • French Fixed Interest
    13.12%
  • Dutch Fixed Interest
    11.37%
  • Swedish Fixed Interest
    9.17%
  • Swiss Fixed Interest
    8.67%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.32 %5.27 %14.33 %0 %0 %
Sector0.25 %2.17 %7.04 %9.67 %28.2 %
Rank within sector38 / 819 / 796 / 78 / /
Quartile th2 nd1 st1 st th th

Calendar performance

YTD-20172016201520142013
Fund11.65 %4.64 %0 %0 %0 %
Sector5.63 %0.75 %2.92 %2.27 %11.66 %
Rank within sector8 / 798 / 77 / / /
Quartile th1 st1 st th th th

Price movement

52 week high1218.32
52 week low1054.62
Current bid price0
Current offer price0
Current mid price1205.92

Holdings by region

  • 17.32% UK
  • 13.12% France
  • 11.37% Netherlands
  • 9.17% Sweden
  • 8.67% Switzerland
  • 6.85% Germany
  • 6.84% Austria
  • 4.83% Spain
  • 3.91% Australia
  • 3.62% Italy

Holdings by sector

  • 77.03% Convertibles
  • 21.08% Others
  • 1.89% Cash & Cash Equivalents

Holdings by asset type

  • 17.32% UK Fixed Interest
  • 13.12% French Fixed Interest
  • 11.37% Dutch Fixed Interest
  • 9.17% Swedish Fixed Interest
  • 8.67% Swiss Fixed Interest
  • 6.85% German Fixed Interest
  • 6.84% Austrian Fixed Interest
  • 4.83% Spanish Fixed Interest
  • 3.91% Australian Fixed Interest
  • 3.62% Italian Fixed Interest

Individual holdings

  • 3.93% ERSTE BANK 8.875 31/12/49
  • 3.66% CREDIT AGRICOLE 6.500 31/12/49
  • 3.65% KBC GROUP 5,625 31.12.49
  • 3.56% CREDIT AGRICOLE 6,500 31.12.49
  • 3.51% CREDIT SUISSE 6,250 31.12.49
  • 3.46% NATIONWIDE BUILDING 6,875 31.12.49
  • 3.45% HSBC 5,250 31.12.49
  • 3.44% ABN AMRO BANK 5.750 31/12/49
  • 3.43% LLOYDS BANKING 6.375 31/12/49
  • 3% DNB BANK ASA 6.500 31/12/49