Fact sheet: CS 3 (L)EmMktCorpBd

Fund information

Fund name
CS 3 (Lux) Emerging Market Corporate Bond B USD
Fund company manager
Credit Suisse Fund Management
Fund type
SIB
Fund manager(s)
Gonzalo Borja
since 02/04/2012
Andranik Safaryan
since 01/08/2017
Fund objective
The fund invests primarily in corporate bonds, and to a limited extent in U.S. dollar-denominated bonds issued by sovereign borrowers in developing nations. The fund aims to deliver a return that over the entire economic cycle is higher than what could be obtained from bonds issued by borrowers in industrialized nations. The large investment universe encompassing many different countries with highly diverse risk profiles offers interesting investment opportunities and allows for a broad diversification. While countries are evaluated using a top-down approach, individual investments are evaluated using a bottom-up analysis. The fund is actively managed in terms of its investment approach. This share class provides a hedge against currency risk versus the reference currency (USD).
Benchmark
JPM CEMBI Broad Diversified Composite
Investment style
Active
Investment method
Fixed Interest

Quick stats

1 Year return

8.11 %

1 Year rank in sector

46/240

Sector

FO Fixed Int - Emerging Markets

Yield
-
Fund size

£ 537.2 m

FE Risk score

89

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Global Emerging Markets
    33.4%
  • Brazil
    12.68%
  • China
    11.7%
  • Mexico
    8.02%
  • Russia
    7.91%
  • Financials
    22.32%
  • Others
    17.11%
  • Oil & Gas
    11.56%
  • Telecom, Media & Technology
    8.75%
  • Mineral Extraction
    7.88%
  • Global Emerging Market Fixed Interest
    33.4%
  • Brazilian Fixed Interest
    12.68%
  • Chinese Fixed Interest
    11.7%
  • Mexican Fixed Interest
    8.02%
  • Russian Fixed Interest
    7.91%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.38 %3.36 %8.11 %15.6 %22.44 %
Sector-0.33 %3.38 %5.52 %6.25 %4.38 %
Rank within sector50 / 254162 / 24546 / 24060 / 19822 / 122
Quartile th1 st3 rd1 st2 nd1 st

Calendar performance

YTD-20172016201520142013
Fund8.19 %12.08 %-1.74 %1 %-0.09 %
Sector8.37 %10.22 %-7.28 %-0.56 %-7.02 %
Rank within sector141 / 24355 / 22888 / 20994 / 1709 / 128
Quartile th3 rd1 st2 nd3 rd1 st

Risk statistics

Alpha3.23
Beta0.75
Sharpe0.23
Volatility5.89
Tracking error3.17
Information ratio0.85
R-Squared0.8

Price movement

52 week high138.61
52 week low125.53
Current bid price0
Current offer price0
Current mid price138.61

Holdings by region

  • 33.4% Global Emerging Markets
  • 12.68% Brazil
  • 11.7% China
  • 8.02% Mexico
  • 7.91% Russia
  • 6.85% India
  • 5.85% United Arab Emirates
  • 4.92% Peru
  • 4.51% Turkey
  • 4.16% Colombia

Holdings by sector

  • 22.32% Financials
  • 17.11% Others
  • 11.56% Oil & Gas
  • 8.75% Telecom, Media & Technology
  • 7.88% Mineral Extraction
  • 7.33% Industrials
  • 7.23% Government Agency Bonds
  • 6.94% Government Bonds
  • 5.77% Real Estate
  • 5.11% Consumer Goods

Holdings by asset type

  • 33.4% Global Emerging Market Fixed Interest
  • 12.68% Brazilian Fixed Interest
  • 11.7% Chinese Fixed Interest
  • 8.02% Mexican Fixed Interest
  • 7.91% Russian Fixed Interest
  • 6.85% Indian Fixed Interest
  • 5.85% GCC Fixed Interest
  • 4.92% Peruvian Fixed Interest
  • 4.51% Middle East & African Fixed Interest
  • 4.16% American Emerging Fixed Interest

Individual holdings

  • 2.1% PETROBRAS GLOBAL FINANCE BV 7.375% BDS 17/01/27 USD2000
  • 1.69% VTB CAPITAL SA 5% NTS 24/10/24 CHF5000
  • 1.2% HUARONG FINANCE II 27/04/27
  • 1.09% AJECORP B.V. 14/05/22
  • 1.01% YPF SOCIEDAD ANONIMA 6.95% BDS 21/07/27 USD10000 14 144A
  • 1% INKIA ENERGY LTD 8.375% BDS 04/04/21 USD1000 144A
  • 1% JSL EUROPE 7.75% NTS 26/07/24 USD200000 REG S
  • 0.99% SINOPEC GROUP OVERSEAS DEV 2017 LTD 3.625% BDS 12/04/27 USD200000 144A
  • 0.96% MARB BONDCO 15/03/24
  • 0.89% EASTERN & SOUTHN AFRIC TRD & DEV BK 5.375% MTN 14/03/22 USD1000