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)
Andranik Safaryan
since 01/08/2017
Gonzalo Borja
since 02/04/2012
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

7.3 %

1 Year rank in sector

151/240

Sector

FO Fixed Int - Emerging Markets

Yield
-
Fund size

£ 717.0 m

FE Risk score

90

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Global Emerging Markets
    30.64%
  • Brazil
    12.46%
  • China
    11.18%
  • Mexico
    9.14%
  • India
    6.85%
  • Financials
    23.33%
  • Others
    13.17%
  • Oil & Gas
    11.76%
  • Government Agency Bonds
    9.36%
  • Government Bonds
    8.52%
  • Global Emerging Market Fixed Interest
    30.64%
  • Brazilian Fixed Interest
    12.46%
  • Chinese Fixed Interest
    11.18%
  • American Emerging Fixed Interest
    9.26%
  • Mexican Fixed Interest
    9.14%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.32 %3.38 %7.3 %21.3 %19.39 %
Sector1.44 %3.34 %8.58 %11.91 %2.93 %
Rank within sector191 / 258136 / 252151 / 24049 / 20727 / 129
Quartile th3 rd3 rd3 rd1 st1 st

Calendar performance

YTD-20182017201620152014
Fund0.47 %8.2 %12.08 %-1.74 %1 %
Sector1.02 %8.47 %10.22 %-7.28 %-0.56 %
Rank within sector145 / 257148 / 24054 / 22584 / 20592 / 166
Quartile th3 rd3 rd1 st2 nd3 rd

Risk statistics

Alpha3.38
Beta0.73
Sharpe0.46
Volatility5.49
Tracking error3.19
Information ratio0.77
R-Squared0.77

Price movement

52 week high139.28
52 week low130.07
Current bid price0
Current offer price0
Current mid price139.27

Holdings by region

  • 30.64% Global Emerging Markets
  • 12.46% Brazil
  • 11.18% China
  • 9.14% Mexico
  • 6.85% India
  • 5.92% United Arab Emirates
  • 5.65% Argentina
  • 5.6% Russia
  • 4.79% Turkey
  • 4.16% Peru

Holdings by sector

  • 23.33% Financials
  • 13.17% Others
  • 11.76% Oil & Gas
  • 9.36% Government Agency Bonds
  • 8.52% Government Bonds
  • 8.31% Mineral Extraction
  • 6.93% Utilities
  • 6.49% Telecom, Media & Technology
  • 6.1% Industrials
  • 6.03% Consumer Goods

Holdings by asset type

  • 30.64% Global Emerging Market Fixed Interest
  • 12.46% Brazilian Fixed Interest
  • 11.18% Chinese Fixed Interest
  • 9.26% American Emerging Fixed Interest
  • 9.14% Mexican Fixed Interest
  • 6.85% Indian Fixed Interest
  • 5.92% GCC Fixed Interest
  • 5.6% Russian Fixed Interest
  • 4.79% Middle East & African Fixed Interest
  • 4.16% Peruvian Fixed Interest

Individual holdings

  • 1.69% PETROBRAS GLOBAL FINANCE BV 7.375% BDS 17/01/27 USD2000
  • 1.28% VTB CAPITAL SA 5% NTS 24/10/24 CHF5000
  • 1.24% HUARONG FINANCE II 27/04/27
  • 1.07% CNAC HK FINBRIDGE 19/07/27
  • 0.93% STILLWATER MINING CO 7.125% BDS 27/06/2025 USD200000
  • 0.9% PETROLEOS MEXICANOS 13/03/27
  • 0.88% POWER FINANCE CORP 06/12/27
  • 0.85% JSL EUROPE 7.75% NTS 26/07/24 USD200000 REG S
  • 0.82% SAMMINERACAO 26/09/24
  • 0.82% YPF SOCIEDAD ANONIMA 6.95% BDS 21/07/27 USD10000 14 144A