4. CS (Lux) Asia Corporate Bond Fund UA USD, Credit Suisse Asset Management
Net inflows: $232.16 million
Credit Suisse AM’s CS (Lux) Asia Corporate Bond Fund UA USD comes to the fourth place, and it is a sub-fund of CS (Lux) Asia Corporate Bond Fund B USD.
By the end of October 31, the fund’s top three asset classes were Chinese fixed interest (50%), global fixed interest (17%) and Hong Kong fixed interest (13.6%).
This bond fund aims to outperform the return of the JPM Asia Credit Index ex-Sovereign 1-10Y benchmark. The portfolio and the performance of the fund can deviate from the benchmark. It invests mainly in fixed income securities from the Asian region.
Investments in fixed income securities of issuers denominated in USD will account for a larger proportion than investments in fixed income securities in other currencies. The fund may use derivatives to achieve the above aims.
Domiciled in Luxembourg, the fund was launched in January, 2015, and is available for sale in Singapore.