Fact sheet: CS 3 (L)EmMktCorpBd

Fund information

Fund name
CS 3 (Lux) Emerging Market Corporate Bond UB USD
Fund company manager
Credit Suisse Fund Management
Fund type
SIB
Fund manager
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

7.39 %

1 Year rank in sector

25/236

Sector

FO Fixed Int - Emerging Markets

Yield
-
Fund size

£ 523.4 m

FE Risk score

81

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Global Emerging Markets
    31.7%
  • China
    12.03%
  • Brazil
    11.89%
  • Russia
    9.73%
  • India
    7.11%
  • Financials
    22.68%
  • Oil & Gas
    13.97%
  • Others
    11.94%
  • Industrials
    8.73%
  • Mineral Extraction
    8.17%
  • Global Emerging Market Fixed Interest
    31.7%
  • Chinese Fixed Interest
    12.03%
  • Brazilian Fixed Interest
    11.89%
  • Russian Fixed Interest
    9.73%
  • Indian Fixed Interest
    7.11%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund1.23 %3.24 %7.39 %14.99 %27 %
Sector1 %4.4 %4.31 %3.39 %7.17 %
Rank within sector67 / 252177 / 24525 / 236 / /
Quartile th2 nd3 rd1 st th th

Calendar performance

YTD-20172016201520142013
Fund6.8 %12.64 %0 %0 %0 %
Sector7.32 %10.22 %-7.28 %-0.56 %-7.02 %
Rank within sector143 / 24448 / 227 / / /
Quartile th3 rd1 st th th th

Risk statistics

Alpha3.82
Beta0.73
Sharpe0.16
Volatility5.92
Tracking error3.31
Information ratio1.09
R-Squared0.8

Price movement

52 week high119.34
52 week low109.42
Current bid price0
Current offer price0
Current mid price119.34

Holdings by region

  • 31.7% Global Emerging Markets
  • 12.03% China
  • 11.89% Brazil
  • 9.73% Russia
  • 7.11% India
  • 7.05% United Arab Emirates
  • 6.19% Peru
  • 5.38% Mexico
  • 4.62% Turkey
  • 4.3% Colombia

Holdings by sector

  • 22.68% Financials
  • 13.97% Oil & Gas
  • 11.94% Others
  • 8.73% Industrials
  • 8.17% Mineral Extraction
  • 7.82% Government Bonds
  • 7.81% Telecom, Media & Technology
  • 6.89% Government Agency Bonds
  • 6.27% Real Estate
  • 5.72% Consumer Goods

Holdings by asset type

  • 31.7% Global Emerging Market Fixed Interest
  • 12.03% Chinese Fixed Interest
  • 11.89% Brazilian Fixed Interest
  • 9.73% Russian Fixed Interest
  • 7.11% Indian Fixed Interest
  • 7.05% GCC Fixed Interest
  • 6.19% Peruvian Fixed Interest
  • 5.38% Mexican Fixed Interest
  • 4.62% Middle East & African Fixed Interest
  • 4.3% American Emerging Fixed Interest

Individual holdings

  • 2.11% PETROBRAS GLOBAL FINANCE BV 7.375% BDS 17/01/27 USD2000
  • 1.74% VTB CAPITAL SA 5% NTS 24/10/24 CHF5000
  • 1.22% HUARONG FINANCE II 27/04/27
  • 1.1% AJECORP B.V. 14/05/22
  • 1.02% INKIA ENERGY LTD 8.375% BDS 04/04/21 USD1000 144A
  • 0.99% MARB BONDCO 15/03/24
  • 0.99% SINOPEC GROUP OVERSEAS DEV 2017 LTD 3.625% BDS 12/04/27 USD200000 144A
  • 0.98% YPF SOCIEDAD ANONIMA 6.95% BDS 21/07/27 USD10000 14 144A
  • 0.97% JSL EUROPE 7.75% NTS 26/07/24 USD200000 REG S
  • 0.91% EASTERN & SOUTHN AFRIC TRD & DEV BK 5.375% MTN 14/03/22 USD1000