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Trending ETFs

Name

As of 03/27/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$9.34

$408 M

1.54%

$0.14

1.28%

Vitals

YTD Return

2.5%

1 yr return

7.9%

3 Yr Avg Return

5.4%

5 Yr Avg Return

5.1%

Net Assets

$408 M

Holdings in Top 10

52.3%

52 WEEK LOW AND HIGH

$9.3
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.28%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A


Min Investment

Standard (Taxable)

$250,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 03/27/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$9.34

$408 M

1.54%

$0.14

1.28%

CSQIX - Profile

Distributions

  • YTD Total Return 2.5%
  • 3 Yr Annualized Total Return 5.4%
  • 5 Yr Annualized Total Return 5.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.16%
DIVIDENDS
  • Dividend Yield 1.5%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Credit Suisse Multialternative Strategy Fund
  • Fund Family Name
    Credit Suisse
  • Inception Date
    Mar 30, 2012
  • Shares Outstanding
    N/A
  • Share Class
    I
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Yung-Shin Kung

Fund Description

The fund seeks positive absolute returns. It pursues its investment objective by utilizing a macro-aware investment process to allocate capital across a range of investment strategies. The fund primarily, but not exclusively, allocates to directional and/or relative value strategies that take long and/or short positions in instruments across all major asset groups.

As a component of its overall investment process, Credit Suisse may utilize certain quantitative models and methodologies to guide its investment approach or security selection although the use of such models and methodologies may vary, on a discretionary basis, based on market environments and economic trends as determined by Credit Suisse.

The fund may invest globally (including in emerging markets) and there are no geographic limits on the fund's holdings. The instruments in which the fund may invest may be U.S. dollar or non-U.S. dollar denominated. The fund may have exposure to issuers of any size or credit quality. The fund intends to engage in active and frequent trading.

The percentage of the fund's portfolio exposed to each asset class and geographic region will vary from time to time. The fund may invest in a broad range of instruments, including equities, American Depositary Receipts and Global Depositary Receipts, other mutual funds, exchange-traded funds ("ETFs"), warrants, bonds (both investment grade and below investment grade (commonly referred to as "junk bonds")), currencies, commodities, futures, exchange-traded and over-the-counter put and call options (both covered and uncovered) and total return and excess return swaps, either by investing directly in these instruments or, in the case of commodities and certain commodity-linked instruments, indirectly, by investing in the Subsidiary (as described below) that invests in such commodities and commodity-linked instruments. The fund also may invest in cash and cash equivalents. As a result of the fund's use of derivatives, the fund may hold significant amounts of high-quality, short-term securities, including U.S. Treasuries, shares of money market funds and repurchase agreements. The fund may also invest in high-yield securities to earn income, as well as to achieve its investment objective.The fund may invest in bonds of any maturity or duration.

The fund primarily will gain exposure to commodities and commodity-linked instruments through investments in the Subsidiary, a wholly-owned subsidiary of the fund organized under the laws of the Cayman Islands. The Subsidiary will invest in (long and short) commodity-linked futures and swaps, as well as certain money market instruments, including U.S. government securities, money market fund shares, repurchase agreements and other high-quality, short-term fixed income instruments. The primary purpose of the money market instruments held by the Subsidiary will be to serve as collateral for the Subsidiary's derivative positions; however, these instruments may also earn income for the Subsidiary. The Subsidiary is managed by Credit Suisse and has the same investment objective as the fund. The fund

may invest up to 25% of its total assets in the Subsidiary. Investment in the Subsidiary is expected to provide the fund with commodity exposure within the limitations of the federal tax requirements that apply to the fund. Investments in other Credit Suisse Funds may provide the fund with exposure to other securities and financial instruments in addition to commodities and commodity-linked instruments.

For defensive purposes, due to abnormal market conditions or economic situations as determined by Credit Suisse, the fund may invest up to 100% of its total assets in cash or certain short-term securities. Although intended to avoid losses in adverse market, economic, political or other conditions, defensive tactics might be inconsistent with the fund's principal investment strategies and might prevent the fund from achieving its goal.

The fund is "non-diversified," meaning that a relatively high percentage of its assets may be invested in a limited number of issuers of securities.

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CSQIX - Performance

Return Ranking - Trailing

Period CSQIX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.5% -73.0% 19.4% 15.77%
1 Yr 7.9% -9.1% 86.9% 65.45%
3 Yr 5.4%* -9.5% 16.2% 45.78%
5 Yr 5.1%* -4.9% 14.4% 47.53%
10 Yr 3.5%* -0.9% 7.5% N/A

* Annualized

Return Ranking - Calendar

Period CSQIX Return Category Return Low Category Return High Rank in Category (%)
2023 -1.0% -22.7% 305.1% 85.93%
2022 2.9% -9.8% 27.3% 89.92%
2021 0.9% -20.8% 10.9% 52.89%
2020 -6.0% -12.4% 29.4% 90.10%
2019 -1.7% -10.5% 15.8% 39.79%

Total Return Ranking - Trailing

Period CSQIX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.5% -73.0% 19.4% 16.13%
1 Yr 7.9% -13.4% 86.9% 60.00%
3 Yr 5.4%* -9.5% 16.2% 41.77%
5 Yr 5.1%* -5.3% 14.4% 42.15%
10 Yr 3.5%* -0.9% 7.5% N/A

* Annualized

Total Return Ranking - Calendar

Period CSQIX Return Category Return Low Category Return High Rank in Category (%)
2023 2.0% -22.7% 305.1% 85.93%
2022 5.8% -9.8% 27.3% 89.92%
2021 10.2% -20.8% 10.9% 31.11%
2020 6.4% -8.4% 29.4% 62.87%
2019 3.2% -10.2% 18.0% 27.75%

NAV & Total Return History


CSQIX - Holdings

Concentration Analysis

CSQIX Category Low Category High CSQIX % Rank
Net Assets 408 M 1.5 M 5.01 B 85.24%
Number of Holdings 252 4 4478 30.39%
Net Assets in Top 10 208 M -398 M 2.55 B 87.63%
Weighting of Top 10 52.27% 13.1% 100.0% 7.28%

Top 10 Holdings

  1. State Street Institutional U.S. Government Money Market Fund 12.16%
  2. State Street Institutional US Government Money Market Fund 7.58%
  3. United States Treasury Bill 5.99%
  4. United States Treasury Bill 5.92%
  5. United States Treasury Bill 5.85%
  6. United States Treasury Bill 5.77%
  7. United States Treasury Bill 2.27%
  8. United States Treasury Bill 2.26%
  9. United States Treasury Bill 2.24%
  10. United States Treasury Bill 2.23%

Asset Allocation

Weighting Return Low Return High CSQIX % Rank
Cash
86.06% -6278.21% 410.43% 14.49%
Stocks
13.55% -3.75% 97.95% 70.67%
Other
0.39% -21.53% 148.54% 0.35%
Preferred Stocks
0.00% -0.12% 46.97% 57.95%
Convertible Bonds
0.00% 0.00% 87.92% 73.50%
Bonds
0.00% -326.45% 6347.80% 96.11%

Stock Sector Breakdown

Weighting Return Low Return High CSQIX % Rank
Technology
34.28% 0.00% 39.58% 85.83%
Energy
17.25% 0.00% 100.00% 2.36%
Industrials
12.06% 0.00% 21.45% 57.09%
Healthcare
11.51% 0.00% 45.63% 87.80%
Consumer Defense
8.42% 0.00% 13.62% 80.31%
Real Estate
5.97% 0.00% 51.26% 72.05%
Financial Services
3.93% 0.00% 59.28% 18.90%
Consumer Cyclical
2.64% 0.00% 29.09% 77.95%
Basic Materials
2.08% 0.00% 27.46% 44.88%
Communication Services
1.15% 0.00% 21.78% 76.77%
Utilities
0.70% 0.00% 9.23% 88.98%

Stock Geographic Breakdown

Weighting Return Low Return High CSQIX % Rank
US
9.97% -8.85% 91.88% 58.66%
Non US
3.57% -19.62% 42.11% 60.78%

CSQIX - Expenses

Operational Fees

CSQIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.28% 0.29% 31.15% 93.53%
Management Fee 1.04% 0.00% 2.50% 52.30%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.30% 31.51%

Sales Fees

CSQIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

CSQIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% 11.11%

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

CSQIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 491.00% 88.17%

CSQIX - Distributions

Dividend Yield Analysis

CSQIX Category Low Category High CSQIX % Rank
Dividend Yield 1.54% 0.00% 4.56% 36.04%

Dividend Distribution Analysis

CSQIX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Quarterly Annually

Net Income Ratio Analysis

CSQIX Category Low Category High CSQIX % Rank
Net Income Ratio -0.16% -2.51% 6.83% 55.04%

Capital Gain Distribution Analysis

CSQIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

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CSQIX - Fund Manager Analysis

Managers

Yung-Shin Kung


Start Date

Tenure

Tenure Rank

Nov 18, 2015

6.54

6.5%

Yung-Shin Kung, Director, is a member of the Alternative Funds Solutions (AFS) group within Credit Suisse Asset Management and a voting member of the AFS Investment Committee. He serves as Head of Portfolio Management - Americas and Global Head of Relative Value research for AFS. In addition, he is Head and CIO of Credit Suisse's Quantitative Investment Strategies group (QIS), an industry pioneer in the development and management of liquid alternative investment portfolios. Mr. Kung rejoined Credit Suisse in 2009 after spending three years at Merrill Lynch as a Director in the Financial Products Group, where he developed and marketed customized structured products and provided advice and guidance to hedge fund investors. Prior to his time at Merrill Lynch, Mr. Kung spent eight years at Credit Suisse First Boston working in several departments including structured debt capital markets, technology investment banking and alternative investments. Mr. Kung began his career at Credit Suisse First Boston in 1997. Mr. Kung holds a B.A. in Economics from the University of Chicago, where he was elected Phi Beta Kappa, and fulfilled the college's requirements for a B.A. in Statistics.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.02 17.37 4.48 1.67