OVHaiLLM/Flipper huggingface dataset:
# Performance overview - monthly & YTD
## since 01.01.2023, in %
|  | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | YTD |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Portfolio net | 8.19 | 1.66 |  |  |  |  |  |  |  |  |  |  | 9.98 |
| Benchmark | 9.62 | 1.65 |  |  |  |  |  |  |  |  |  |  | 11.43 |
| Relative net | -1.43 | 0.01 |  |  |  |  |  |  |  |  |  |  | -1.45 |

1 

## If the currency of a financial product and/or its costs is different from your reference currency, the return and cost may increase or decrease as a result of currency fluctuations.
| Performance overview - yearly |  |
| --- | --- |
| since 01.05.2015, in % |
|  | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
| Portfolio net | 0.13 | 3.28 | 19.04 | -15.34 | 26.33 | 19.75 | 26.93 | -23.02 | 9.98 |
| Benchmark | 3.26 | 0.86 | 19.02 | -15.86 | 31.39 | 4.60 | 22.36 | -12.47 | 11.43 |
| Relative net | -3.13 | 2.42 | 0.01 | 0.52 | -5.06 | 15.14 | 4.57 | -10.55 | -1.45 |

Until 14.01.2021, the Fund had different characteristics and performance was achieved under circumstances that no longer apply. Repositioning as per 14.01.2021 (Old Fund name: CS (Lux) Small and Mid Cap Europe Equity Fund).

Translation (ENDE, 2023-02-28):
# Performance-Übersicht – monatlich & YTD
## Seit 01.01.2023, in %
|  | Jan | Feb | Mrz | Apr | Mai | Jun | Jul | Aug | Sep | Okt | Nov | Dez | YTD |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Portfolio netto | 8.19 | 1.66 |  |  |  |  |  |  |  |  |  |  | 9.98 |
| Benchmark | 9.62 | 1.65 |  |  |  |  |  |  |  |  |  |  | 11.43 |
| Relativ netto | -1.43 | 0.01 |  |  |  |  |  |  |  |  |  |  | -1.45 |

1 

## Wenn die Währung eines Finanzprodukts und/oder dessen Kosten von Ihrer Referenzwährung abweichen, können die Rendite und die Kosten aufgrund von Währungsschwankungen steigen oder sinken.
| Performance-Übersicht – jährlich |  |
| --- | --- |
| Seit 01.05.2015, in % |
|  | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
| Portfolio netto | 0.13 | 3.28 | 19.04 | -15.34 | 26.33 | 19.75 | 26.93 | -23.02 | 9.98 |
| Benchmark | 3.26 | 0.86 | 19.02 | -15.86 | 31.39 | 4.60 | 22.36 | -12.47 | 11.43 |
| Relativ netto | -3.13 | 2.42 | 0.01 | 0.52 | -5.06 | 15.14 | 4.57 | -10.55 | -1.45 |

Bis 14.01.2021 wies der Fonds andere Eigenschaften auf, und die Performance wurde unter Bedingungen erzielt, die nicht mehr gegeben sind. Neuausrichtung per 14.01.2021 (Früherer Fondsname: CS (Lux) Small and Mid Cap Europe Equity Fund).
# Performance overview
## since 01.02.2017, in %

## Annualized risk, in %
|  | 1 months | 3 months | 1 year | 3 years | 5 years | ITD |  | 1 year | 3 years | 5 years | ITD |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Portfolio net | -1.53 | -0.60 | -4.04 | 4.49 | 2.71 | 3.66 |  | 16.36 | 14.72 | 13.78 | 12.82 |
| Benchmark | -1.52 | -0.57 | -3.94 | 4.64 | 2.89 | 3.85 |  | 16.36 | 14.73 | 13.77 | 12.82 |
| Relative net | -0.01 | -0.03 | -0.11 | -0.15 | -0.18 | -0.18 |  | 0.07 | 0.06 | 0.10 | 0.09 |

| Performance overview - yearly since 01.02.2017, in % | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | ITD |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Portfolio net | 7.42 | -8.74 | 21.55 | 4.88 | 9.24 | -11.31 | 2.81 | 24.47 |
| Benchmark | 7.57 | -8.51 | 21.83 | 5.03 | 9.43 | -11.18 | 2.79 | 25.81 |
| Relative net | -0.15 | -0.23 | -0.27 | -0.15 | -0.19 | -0.13 | 0.02 | -1.33 |

Translation (ENDE, 2023-02-28):
# Performance-Übersicht
## Seit 01.02.2017, in %

## Annualisiertes Risiko, in %
|  | 1 Monate | 3 Monate | 1 Jahr | 3 Jahre | 5 Jahre | ITD |  | 1 Jahr | 3 Jahre | 5 Jahre | ITD |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Portfolio netto | -1.53 | -0.60 | -4.04 | 4.49 | 2.71 | 3.66 |  | 16.36 | 14.72 | 13.78 | 12.82 |
| Benchmark | -1.52 | -0.57 | -3.94 | 4.64 | 2.89 | 3.85 |  | 16.36 | 14.73 | 13.77 | 12.82 |
| Relativ netto | -0.01 | -0.03 | -0.11 | -0.15 | -0.18 | -0.18 |  | 0.07 | 0.06 | 0.10 | 0.09 |

| Performance-Übersicht – jährlich Seit 01.02.2017, in % | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | ITD |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Portfolio netto | 7.42 | -8.74 | 21.55 | 4.88 | 9.24 | -11.31 | 2.81 | 24.47 |
| Benchmark | 7.57 | -8.51 | 21.83 | 5.03 | 9.43 | -11.18 | 2.79 | 25.81 |
| Relativ netto | -0.15 | -0.23 | -0.27 | -0.15 | -0.19 | -0.13 | 0.02 | -1.33 |
# Key identifiers
Instrument Name	Credit Suisse (Lux) Swiss Franc Bond Fund UB
Bloomberg ticker	CRSFBUB LX
ISIN	LU1144401160
Valor no.	26377227
Benchmark	SBI Foreign AAA-BBB (TR)
Benchmark Bloomberg ticker	SBF14T

Translation (ENDE, 2023-02-28):
# Wertpapier-Kennung
Wertschriftenname	Credit Suisse (Lux) Swiss Franc Bond Fund UB
Bloomberg Ticker	CRSFBUB LX
ISIN	LU1144401160
Valoren-Nr.	26377227
Benchmark	SBI Foreign AAA-BBB (TR)
Benchmark Bloomberg Ticker	SBF14T
# Asset breakdown - by risk currency (after hedging)
## In % of total economic exposure
| Financials | 40.93 |  |  |
| --- | --- | --- | --- |
| Consumer Services | 14.77 |  |  |
| Industrials | 9.30 |  |  |
| Telecommunications | 8.92 |  |  |
| Oil & Gas | 7.16 |  |  |
| Basic Materials | 5.64 |  |  |
| Health Care | 4.45 |  |  |
| Utilities | 3.86 |  |  |
| Consumer Goods | 3.24 |  |  |
| Government | 1.25 |  |
| Cash | 0.54 |  |
| Others | -0.07 |  |


## in %	
Portfolio 
| EUR | 99.10 |  |  |
| --- | --- | --- | --- |
| USD | 0.93 |  |
| GBP | 0.00 |  |
| Others | -0.03 |  |

Translation (ENDE, 2022-02-28):
# Vermögensstruktur - nach Risiko-Währung (nach Währungsabsicherung)
## in % des Exposures

## in %	
Portfolio 
| EUR | 99.10 |  |  |
| --- | --- | --- | --- |
| USD | 0.93 |  |
| GBP | 0.00 |  |
| Rest | -0.03 |  |
25,0%
20,0%
15,0%
10,0%
Active weight
5,0%
0,0%
-5,0%
-10,0%
-15,0%
Communication
Services
Consumer
Discretionary
Consumer
Staples
Energy
Financials
Health
Care
Industrials
Information
Technology
Materials
Real
Estate
Utilities
Others
Portfolio	Benchmark
Portfolio weighted average CO2 emission intensity (lhs)	Active weight (rhs) Benchmark weighted average CO2 emission intensity (lhs)

Translation (ENDE, 2021-09-30):
25,0%
20,0%
15,0%
Aktive Gewichtung
10,0%
5,0%
0,0%
-5,0%
-10,0%
-15,0%
Kommunikationsdienste
Konsumgüter
Nichtzyklische
Konsumgüter
Finanzwesen
Gesundheitswesen
Informationstechnologie
Grundstoffe
Immobilien
Versorger
Sonstige
Portfolio	Benchmark
Gewichteter Portfolio-Durchschnitt der CO2-Emissionsintensität (links)	Aktive Gewichtung (rechts) Gewichteter Benchmark-Durchschnitt der CO2-Emissionsintensität (links)
# Asset breakdown - by ESG controversy flag
## In % of total economic exposure
Benchmark 

## Portfolio	Benchmark	Relative	
Portfolio 
| Green | 77.66 | 68.78 | 8.88 |  |
| --- | --- | --- | --- | --- |
| Yellow | 17.24 | 24.32 | -7.07 |  |
| Orange | 3.87 | 6.80 | -2.93 |  |  |
|  |
| Red | n/a | 0.11 | -0.11 |  |
| Others | 1.23 | n/a | 1.23 |  |

Translation (ENDE, 2021-09-30):
# Vermögensstruktur - nach Warnungen zu ESG-Kontroversen
## in % des Exposures
Benchmark 

## Portfolio	Benchmark	Relativ	
Portfolio 
| Grün | 77.66 | 68.78 | 8.88 |  |
| --- | --- | --- | --- | --- |
| Gelb | 17.24 | 24.32 | -7.07 |  |
| Orange | 3.87 | 6.80 | -2.93 |  |  |
|  |
| Rot | n.a. | 0.11 | -0.11 |  |
| Rest | 1.23 | n.a. | 1.23 |  |
# ESG Weighted carbon emission intensity
## CO2-equivalent emission intensity per $m revenues
Benchmark 

## Portfolio	Benchmark	
Portfolio 
| Energy | 572 | 500 |  |
| --- | --- | --- | --- |
| Materials | 378 | 505 |  |
| Utilities | 265 | 938 |  |
| Industrials | 64 | 64 |  |
| Consumer Staples | 59 | 54 |  |
| Real Estate | 58 | 67 |  |
| Information Technology | 48 | 41 |  |
| Health Care | 39 | 33 |  |
| Consumer Discretionary | 31 | 29 |  |
| Others | 13 | 11 |  |

Translation (ENDE, 2021-09-30):
# ESG Gewichtete CO2-Emissionsintensität
## Emissionsintensität in CO2-Äquivalent pro USD Mio. Umsatz
Benchmark 

## Portfolio	Benchmark	
Portfolio 
| Energie | 572 | 500 |  |
| --- | --- | --- | --- |
| Grundstoffe | 378 | 505 |  |
| Versorger | 265 | 938 |  |
| Industrie | 64 | 64 |  |
| Nichtzyklische Konsumgüter | 59 | 54 |  |
| Immobilienanlagen | 58 | 67 |  |
| Informationstechnologie | 48 | 41 |  |
| Gesundheitswesen | 39 | 33 |  |
| Zyklische Konsumgüter | 31 | 29 |  |
| Sonstige | 13 | 11 |  |
| Harvey, Irma & Maria (US	10.81% Wind) |  |
| --- | --- |
| Katrina (US Wind)	9.14% |  |  |
| Andrew (US Wind)	8.67% |  |  |
| Christchurch (NZ EQ)	2.73% |  |  |
| Northridge (US EQ)	2.60% |  |  |
| Chile Bio-Bio (Latam EQ)	2.00% |  |  |
| Jebi (JP Wind)	1.66% |  |  |
| Lothar (Europe Wind)	0.71% |  |  |
| Kyrill (Europe Wind)	0.43% |  |
| Kobe (JP EQ)	0.41% |  |

Translation (ENDE, 2023-11-30):
| Harvey, Irma & Maria (USA	10.81% Wind) |  |
| --- | --- |
| Katrina (USA Wind)	9.14% |  |  |
| Andrew (USA Wind)	8.67% |  |  |
| Christchurch (NZ Erdbeben)	2.73% |  |  |
| Northridge (USA Erdbeben)	2.60% |  |  |
| Chile Bio-Bio (Latein-	2.00% Amerika Erdbeben) |  |
| Jebi (Japan Taifun)	1.66% |  |  |
| Lothar (Europa Wind)	0.71% |  |  |
| Kyrill (Europa Wind)	0.43% |  |
| Kobe (Japan Erdbeben)	0.41% |  |
|  | Portfolio | Investment universe |  | Portfolio  Investment universe  |
| --- | --- | --- | --- | --- |
| > 8.5 | 3.12 | 7.82 |  |  |
|  |  |  |  |  |
| 7 – 8.5 | 80.62 | 74.03 |  |  |
| 5.5 – 7 | 16.26 | 13.13 |  |  |
| < 5.5 | 0.00 | 5.02 |  |  |
|  |  |  |  |  |
| Not scored | 0.00 | 0.00 |  |  |

Translation (ENDE, 2023-11-30):
|  | Portfolio | Anlageuni- versum |  | Portfolio  Anlageuniversum  |
| --- | --- | --- | --- | --- |
| > 8.5 | 3.12 | 7.82 |  |  |
|  |  |  |  |  |
| 7 – 8.5 | 80.62 | 74.03 |  |  |
| 5.5 – 7 | 16.26 | 13.13 |  |  |
| < 5.5 | 0.00 | 5.02 |  |  |
|  |  |  |  |  |
| Nicht bewertet | 0.00 | 0.00 |  |  |
# Asset breakdown - by risk currency (before hedging)
## In % of total economic exposure

## in %	
Portfolio 
| USD | 52.56 |  |  |
| --- | --- | --- | --- |
| EUR | 15.84 |  |  |
| JPY | 6.37 |  |  |
| GBP | 4.66 |  |  |
| CAD | 4.52 |  |  |
| CHF | 2.94 |  |  |
| CNH | 2.87 |  |  |
| ILS | 2.42 |  |
| SEK | 2.07 |  |
| Others | 5.76 |  |  |

| Top 10 positions |  |
| --- | --- |
| Instrument Name | Portfolio |
| DEXCOM INC | 1.07% |
| ENBRIDGE INC | 1.01% |
| TC ENERGY CORP | 0.98% |
| VEEVA SYSTEMS INC CLASS A | 0.91% |
| TANDEM DIABETES CARE INC | 0.86% |
| CHEGG INC | 0.84% |
| FORTINET INC | 0.84% |
| CHENIERE ENERGY INC | 0.83% |
| WILLIAMS INC | 0.74% |
| TERADYNE INC | 0.71% |

Translation (ENDE, 2022-02-28):
# Vermögensstruktur - nach Risiko-Währung (vor Währungsabsicherung)
## in % des Exposures

## in %	
Portfolio 
| USD | 52.56 |  |  |
| --- | --- | --- | --- |
| EUR | 15.84 |  |  |
| JPY | 6.37 |  |  |
| GBP | 4.66 |  |  |
| CAD | 4.52 |  |  |
| CHF | 2.94 |  |  |
| CNH | 2.87 |  |  |
| ILS | 2.42 |  |
| SEK | 2.07 |  |
| Rest | 5.76 |  |  |

| 10 grösste Positionen |  |
| --- | --- |
| Wertschriften Name | Portfolio |
| DEXCOM INC | 1.07% |
| ENBRIDGE INC | 1.01% |
| TC ENERGY CORP | 0.98% |
| VEEVA SYSTEMS INC CLASS A | 0.91% |
| TANDEM DIABETES CARE INC | 0.86% |
| CHEGG INC | 0.84% |
| FORTINET INC | 0.84% |
| CHENIERE ENERGY INC | 0.83% |
| WILLIAMS INC | 0.74% |
| TERADYNE INC | 0.71% |
| Fund information Equity |
| --- |
| 44'617'524 Fund total net assets in USD |
| Share class TNA, USD 4'530'658 | Share class NAV, USD 903.45 | Ongoing charges 1 0.85% |
|  |  |  |

Translation (ENDE, 2022-08-31):
| Informationen zum Produkt Aktien |
| --- |
| 44'617'524 Gesamtnettovermögen des Fonds in USD |
| Gesamtnettovermögen der Anteilsklasse, USD 4'530'658 | NAV der Anteilsklasse, USD 903.45 | Laufende Kosten 1 0.85% |
|  |  |  |
| Top 10 positions |  |
| --- | --- |
| Instrument Name | Weight | GICS sector |
| BHP GROUP LTD | 7.99% | Materials |
| AIA GROUP LTD | 6.62% | Financials |
| COMMONWEALTH BANK OF AUSTRALIA | 6.47% | Financials |
| CSL LTD | 5.50% | Health Care |
| NATIONAL AUSTRALIA BANK LTD | 3.81% | Financials |
| WESTPAC BANKING CORPORATION CORP | 2.94% | Financials |
| HONG KONG EXCHANGES AND CLEARING L | 2.77% | Financials |
| AUSTRALIA AND NEW ZEALAND BANKING | 2.64% | Financials |
| WOODSIDE ENERGY GROUP LTD | 2.53% | Energy |
| MACQUARIE GROUP LTD DEF | 2.51% | Financials |
|  |  |  |
| Key risk figures | Portfolio | Benchmark |
| Number of securities | 118 | 120 |

Translation (ENDE, 2022-08-31):
| 10 grösste Positionen |  |
| --- | --- |
| Wertschriftenname | Gewicht. | GICS-Sektor |
| BHP GROUP LTD | 7.99% | Grundstoffe |
| AIA GROUP LTD | 6.62% | Finanzwerte |
| COMMONWEALTH BANK OF AUSTRALIA | 6.47% | Finanzwerte |
| CSL LTD | 5.50% | Gesundheitswesen |
| NATIONAL AUSTRALIA BANK LTD | 3.81% | Finanzwerte |
| WESTPAC BANKING CORPORATION CORP | 2.94% | Finanzwerte |
| HONG KONG EXCHANGES AND CLEARING L | 2.77% | Finanzwerte |
| AUSTRALIA AND NEW ZEALAND BANKING | 2.64% | Finanzwerte |
| WOODSIDE ENERGY GROUP LTD | 2.53% | Energie |
| MACQUARIE GROUP LTD DEF | 2.51% | Finanzwerte |
|  |  |  |
| Risikokennzahlen | Portfolio | Benchmark |
| Anzahl Titel | 118 | 120 |
# Performance overview
## since 01.11.2015, in %

## Annualized risk, in %
|  | 1 month(s) | 3 month(s) | 1 year | 3 years | 5 years | ITD |  | 1 year | 3 years | 5 years | ITD |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Portfolio net | 1.28 | -0.65 | -0.67 | 2.04 | 4.02 | 6.24 |  | 9.94 | 19.14 | 16.54 | 15.65 |
| Benchmark | 1.31 | -0.61 | -0.62 | 1.99 | 4.00 | 6.25 |  | 9.93 | 19.14 | 16.53 | 15.65 |
| Relative net | -0.03 | -0.03 | -0.06 | 0.06 | 0.02 | 0.00 |  | 0.05 | 0.11 | 0.10 | 0.10 |
|  |  |  |  |  |  |  |  |  |  |  |  |
| Performance overview - yearly* since 01.11.2015, in % | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | ITD |
| Portfolio net | 2.58 | 9.48 | 20.65 | -9.27 | 16.45 | -2.74 | 7.90 | -2.32 | 46.74 |
| Benchmark | 2.64 | 9.50 | 20.70 | -9.26 | 16.26 | -2.74 | 7.90 | -2.28 | 46.78 |
| Relative net | -0.06 | -0.02 | -0.05 | -0.01 | 0.18 | 0.00 | -0.01 | -0.04 | -0.04 |

Translation (ENDE, 2022-02-28):
# Performance-Übersicht
## Seit 01.11.2015, in %

## Annualisiertes Risiko, in %
|  | 1 Monat(e) | 3 Monat(e) | 1 Jahr | 3 Jahre | 5 Jahre | ITD |  | 1 Jahr | 3 Jahre | 5 Jahre | ITD |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Portfolio netto | 1.28 | -0.65 | -0.67 | 2.04 | 4.02 | 6.24 |  | 9.94 | 19.14 | 16.54 | 15.65 |
| Benchmark | 1.31 | -0.61 | -0.62 | 1.99 | 4.00 | 6.25 |  | 9.93 | 19.14 | 16.53 | 15.65 |
| Relativ netto | -0.03 | -0.03 | -0.06 | 0.06 | 0.02 | 0.00 |  | 0.05 | 0.11 | 0.10 | 0.10 |
|  |  |  |  |  |  |  |  |  |  |  |  |
| Performance-Übersicht – jährlich* Seit 01.11.2015, in % | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | ITD |
| Portfolio netto | 2.58 | 9.48 | 20.65 | -9.27 | 16.45 | -2.74 | 7.90 | -2.32 | 46.74 |
| Benchmark | 2.64 | 9.50 | 20.70 | -9.26 | 16.26 | -2.74 | 7.90 | -2.28 | 46.78 |
| Relativ netto | -0.06 | -0.02 | -0.05 | -0.01 | 0.18 | 0.00 | -0.01 | -0.04 | -0.04 |
# Risk overview - ex post
since 01.08.2014, in %
Annualized risk, in %
|  | 1 months | 3 months | 1 year | 3 years | 5 years | ITD |  |  | 1 year | 3 years | 5 years | ITD |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Portfolio net | 2.21 | 0.65 | 5.30 | 1.90 | 1.27 | 2.11 |  | Portfolio volatility | 8.73 | 8.18 | 8.03 | 7.01 |
| Benchmark | 2.14 | 1.04 | 6.68 | 2.73 | 2.20 | 3.15 |  | Benchmark volatility | 8.34 | 7.70 | 7.88 | 6.90 |
| Relative net | 0.07 | -0.39 | -1.38 | -0.83 | -0.93 | -1.04 |  | Tracking error | 0.82 | 0.96 | 1.11 | 0.99 |

Translation (ENDE, 2023-06-30):
# Risiko-Übersicht – ex post
Seit 01.08.2014, in %
Annualisiertes Risiko, in %
|  | 1 Monate | 3 Monate | 1 Jahr | 3 Jahre | 5 Jahre | ITD |  |  | 1 Jahr | 3 Jahre | 5 Jahre | ITD |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Portfolio netto | 2.21 | 0.65 | 5.30 | 1.90 | 1.27 | 2.11 |  | Portfoliovolatilität | 8.73 | 8.18 | 8.03 | 7.01 |
| Benchmark | 2.14 | 1.04 | 6.68 | 2.73 | 2.20 | 3.15 |  | Benchmarkvolatilität | 8.34 | 7.70 | 7.88 | 6.90 |
| Relativ netto | 0.07 | -0.39 | -1.38 | -0.83 | -0.93 | -1.04 |  | Tracking Error | 0.82 | 0.96 | 1.11 | 0.99 |
# Market Review
Global investment-grade convertible bonds (USD-hedged) gained 2.31% in June, bringing their YTD performance to 5.13%. Global equities (USD-hedged) had a stellar month, appreciating by 5.76%. While technology stocks took a back seat during the month and temporarily relinquished leadership to small-cap and/or weak credit names, the Nasdaq continued to power ahead with a 6.6% gain. The bellwether tech index surged 31.7% in the first half of 2023, its best start in 40 years. Government bonds had an overall eventful month, as stronger-than-expected macrodata increased the probability of near-term rate hikes by both the Federal Reserve and the European Central Bank and pushed terminal rate expectations higher. Rates jumped higher along the entire curve, but the move was a lot more pronounced at the short end. As a result, the inversion of the closely watched two-year to ten-year yield spread crashed to a 40-year low of –106 bps. The US dollar slipped 1.4% in June, while commodities eked out a 3.6% gain, reversing a six-month losing streak.

Translation (ENDE, 2023-06-30):
# Marktrückblick
Globale Investment-Grade-Wandelanleihen (in US-Dollar abgesichert) legten im Juni 2,31 % zu, sodass die Performance seit Jahresbeginn bei 5,13 % lag. Für globale Aktien (in US-Dollar abgesichert) verlief der Monat mit einer Steigerung um 5,76 % höchst erfreulich. Während Technologieaktien im Berichtsmonat im Hintergrund blieben und die Führung vorübergehend an Small- Cap-Titel und/oder Titel mit schlechter Bonität abgaben, entwickelte sich der Nasdaq mit einem Plus von 6,6 % weiterhin stark. Der führende Technologie-Index stieg im ersten Halbjahr 2023 sprunghaft um 31,7 % an und verzeichnete damit den besten Start seit 40 Jahren. Staatsanleihen verzeichneten einen insgesamt ereignisreichen Monat, da Makrodaten die Erwartungen übertrafen und damit die Wahrscheinlichkeit kurzfristiger Zinsanhebungen sowohl durch die US-Notenbank (Fed) als auch durch die Europäische Zentralbank erhöhten und die Erwartungen bezüglich der endgültigen Leitzinsen in die Höhe trieben. Die Zinsen stiegen entlang der gesamten Kurve, doch am kurzen Ende waren die Veränderungen deutlich ausgeprägter. Folglich fiel die inverse Kurve des genau beobachteten Rendite-Spreads zwischen 2-jährigen und 10-jährigen Laufzeiten steil auf ein 40-Jahres-Tief von –106 Basispunkten. Der US-Dollar verlor im Juni 1,4 %, wohingegen Rohstoffe einen Gewinn von 3,6 % erzielten und damit den sechsmonatigen Abwärtstrend hinter sich liessen.
# Key identifiers
Instrument Name		Credit Suisse Investment Partners (Lux) Global Investment Grade Convertible Bond Fund IBH EUR
Bloomberg ticker	CSGIBHE LX
ISIN	LU1089177338
Valor no.	24943198
Benchmark	Refinitiv CV Gl. Inv. Grade (TR) (EUR-Hgd) Benchmark Bloomberg ticker		UCBIFX16

Translation (ENDE, 2023-06-30):
# Wertpapier-Kennung
Wertschriftenname		Credit Suisse Investment Partners (Lux) Global Investment Grade Convertible Bond Fund IBH EUR
Bloomberg Ticker	CSGIBHE LX
ISIN	LU1089177338
Valoren-Nr.	24943198
Benchmark	Refinitiv CV Gl. Inv. Grade (TR) (EUR-Hgd) Benchmark Bloomberg Ticker		UCBIFX16
# Fund facts
130
125
120
115
110
105
100
2017  2018  2019  2020  2021  2022
CS (Lux) Global High Yield Bond Fund EB USD
10
8
6
4
2
0  02/2017
until 02/2018
02/2018
until 02/2019
02/2019
until 02/2020
02/2020
until 02/2021
02/2021
until 02/2022
Fund manager Credit Suisse Asset Management LLC
Fund manager since	31/12/2019
Location	New York
Bloomberg Global High Yield Corp. (TR) (USD-H) (07/14)
Sector
Gross performance: Performance taking account of costs at fund level.
Performance (Net) Performance (Gross)
Management company
Credit Suisse Fund Management
S.A.
Net performance: In addition to taking account of the costs at fund level, the maximum sales charge of 3.00% is also included. Safekeeping account maintenance fees are not included; if they were included, they would have a negative impact on performance.
| Fund domicile | Luxembourg |  | Gross Performance in USD  2) |  |
| --- | --- | --- | --- | --- |
| Fund currency | USD |  |  | 1 month | 3 months | YTD | 1 year | 3 years | 5 years |
| Close of financial year | 31. Oct |  | Fund | -1.41 | -2.16 | -3.58 | 0.14 | 15.05 | 23.07 |
| Total net assets (in millions) | 928.50 |  | Benchmark | -1.79 | -2.70 | -4.11 | -1.32 | 14.72 | 24.99 |
| Inception date | 22/05/2008 |  |  |  |  |  |  |  |  |

Management fee p.a.	0.52%
Ongoing charge	0.68%
Performance fee in %	None
Hurdle Rate	-

Translation (ENDE, 2022-02-28):
# Fondsdaten
Fondsmanager Credit Suisse Asset Management LLC
130
125
120
115
110
105
100
2017  2018  2019  2020  2021  2022
CS (Lux) Global High Yield Bond Fund EB USD
10
8
6
4
2
0  02.2017
bis 02.2018
02.2018
bis 02.2019
02.2019
bis 02.2020
02.2020
bis 02.2021
02.2021
bis 02.2022
Fondsmanager seit	31.12.2019
Standort Fondsmanager	New York
Bloomberg Global High Yield Corp. (TR) (USD-H) (07/14)
Sektor
Wertentwicklung (Netto) Wertentwicklung (Brutto)
Fondsleitung	Credit Suisse Fund Management
S.A.
Fondsdomizil	Luxemburg
Fondswährung	USD
Bruttowertentwicklung: Wertentwicklung unter Berücksichtigung der auf Fondsebene anfallenden Kosten.
Nettowertentwicklung: Neben den auf Fondsebene anfallenden Kosten wird auch der maximale Ausgabeaufschlag in Höhe von 3,00% berücksichtigt. Depotführungsgebühren sind in der Darstellung nicht berücksichtigt und würden sich bei Berücksichtigung negativ auf die Wertentwicklung auswirken.
| Ende des Geschäftsjahres | 31. Oktober |  | Bruttowertentwicklung in USD unter | Berücksichtigung interner | Kosten | 2) |
| --- | --- | --- | --- | --- | --- | --- |
| Fondsvermögen (in Mio.) | 928,50 |  |  | 1 Monat | 3 Monate | YTD | 1 Jahr | 3 Jahre | 5 Jahre |
| Emissionsdatum | 22.05.2008 |  | Fonds | -1,41 | -2,16 | -3,58 | 0,14 | 15,05 | 23,07 |
| Managementgebühr p.a. | 0,52% |  | Benchmark | -1,79 | -2,70 | -4,11 | -1,32 | 14,72 | 24,99 |
| Laufende Kosten | 0,68% |  |  |  |  |  |  |  |  |

Performance Fee (EU Pool) in %	None
# Countries in %
USA70.69
Luxembourg3.65
Netherlands3.60
Canada3.43
United Kingdom3.16
Germany3.01
France2.94
Italy2.23
Cash/Cash
Equivalents0.30
Others6.99
| Real Estate | 5.38 |
| --- | --- |
| Financial Services | 5.27 |
| Media | 5.14 |
| Telecommunications | 4.88 |
| Consumer Goods | 2.83 |
| Insurance | 2.75 |

Automotive2.43
Transportation0.83
Consumer Goods (cyclical)0.78
Banks and financial services0.74
Asset Backed Securities0.14
Cash/Cash Equivalents0.30

Translation (ENDE, 2022-02-28):
# Länder in %
USA	70,69
Luxemburg	3,65
Niederlande	3,60
Kanada	3,43
UK	3,16
Deutschland	3,01
Frankreich	2,94
Italien	2,23
Zahlungsmittel / - äquivalente	0,30
Andere	6,99
| Immobilien | 5,38 |
| --- | --- |
| Finanzdienstleistungen | 5,27 |
| Medien | 5,14 |
| Telekommunikations- Dienste | 4,88 |
| Konsumgüter | 2,83 |
| Versicherungen | 2,75 |

Kraftfahrzeuge	2,43
Transportwesen	0,83
Konsumgüter (zyklisch)	0,78
Banken & Finanzdienstl.	0,74
Asset-Backed Securities	0,14
Zahlungsmittel/ -äquivalente	0,30