General Information

Credit Suisse (Lux) Fixed Maturity Bond Fund 2021 S-2

Combining the Best Attributes of Bonds and Funds

The Credit Suisse (Lux) Fixed Maturity Bond Fund 2021 S-2 offers investors a viable fixed income investment tailored to the current environment. It will be actively managed, following a global emerging markets approach to allow the experienced portfolio management team to more effectively construct a “best” bonds portfolio and deliver diversification benefits.

The fund matures in December 2021 and will aim to offer investors an attractive yield pickup by investing mainly in USD-denominated emerging market corporate bonds. On maturity, investors will be repaid their share of the fund’s net asset value. A key benefit of the fund will be a payout structure that is comparable to a single bond investment, but with greatly reduced single issuer risk given the well-diversified portfolio.

Subscription period

The initial subscription period for the fund will last from April 3 to its launch date on April 21, 2017. After the launch, the fund will remain open for subscriptions (at the NAV/SSP) until the end of June 2017, though an earlier closure of the fund is possible.

Key characteristics:

  • Attractive gross indicative yield to maturity of 4.0% to 5.0%, depending on market conditions1
  • Regular income stream over a fixed time horizon – target of semiannual payouts of 3% p.a.2
  • Repayment of capital, subject to default risk of invested bonds
  • A well-diversified global emerging market portfolio including investment grade and noninvestment grade bonds
  • Overall portfolio with an initial average investment grade credit rating
  • Professional management, active monitoring and risk management
  • Decreasing interest rate and spread risk over time
  • Daily redemptions

1Assuming reinvestment rate is equal to yield-to-maturity. The final portfolio value depends on number of defaults and reinvestment rate over the lifetime of the fund. Target yield or payout is not a projection, prediction or guarantee for future performance, and there is no certainty that the target yield or payout will be reached. The shown yield-to-maturity refers to the USD share classes. It was calculated as of 01.03.2017 and does not take into account costs, changes in the portfolio, market fluctuations and potential defaults. The yield to maturity is an indication only and is subject to change.

2The fund targets semiannual payouts of 3% p.a. for the USD share class. The B/BH/IB/IBH/UB share classes are accumulating and will not offer payouts. Target returns are based on historical data, it is not a projection, prediction or guarantee of future performance, and there is no certainty that the target return will be reached.


  • Investing in emerging markets involves a greater degree of risk than investing in developed markets. Emerging market risks are characterized by a certain degree of political instability, relatively unpredictable financial markets and economic growth patterns, a financial market that is still at the development stage or a weak economy.
  • Bonds carry the risk of default; if the issuer defaults or goes into liquidation, investors may lose some or all of their invested capital.
  • The investments are subject to market fluctuations.
  • There is no guarantee for the level of coupon payments or the value of the investments at maturity or at any other time.

There are no projection, prediction or guarantee for future performance and there is no certainty that the target return will be reached.

The information provided herein constitutes marketing material. It is not investment advice or otherwise based on a consideration of the personal circumstances of the addressee nor is it the result of objective or independent research. The information provided herein is not legally binding and it does not constitute an offer or invitation to enter into any type of financial transaction. The information provided herein was produced by Credit Suisse Group AG and/or its affiliates and subsidiaries (hereafter "CS") with the greatest of care and to the best of its knowledge and belief. The information and views expressed herein are those of CS at the time of writing and are subject to change at any time without notice. They are derived from sources believed to be reliable. CS provides no guarantee with regard to the content and completeness of the information and does not accept any liability for losses that might arise from making use of the information. If nothing is indicated to the contrary, all figures are unaudited. The information provided herein is for the exclusive use of the recipient. Neither this information nor any copy thereof may be sent, taken into or distributed in the United States or to any U. S. person (within the meaning of Regulation S under the US Securities Act of 1933, as amended). It may not be reproduced, neither in part nor in full, without the written permission of CS. Investment principal on bonds can be eroded depending on sale price, market price or changes in redemption amounts. Care is required when investing in such instruments. Credit Suisse (Lux) Fixed Maturity Bond Fund 2020 : This fund is domiciled in Luxembourg. The representative in Switzerland is Credit Suisse Funds AG, Zurich. The paying agent in Switzerland is Credit Suisse AG, Zurich. The prospectus, the simplified prospectus and/or the Key Investor Information Document (KIID) and the annual and half-yearly reports may be obtained free of charge from Credit Suisse Funds AG, Zurich or from any branch of Credit Suisse AG in Switzerland.
For Liechtenstein the document may only be distributed by licensed entities.
The shares offered are exclusively offered to a limited group of investors. This document may not be reproduced or used for any other purpose, nor be furnished to any other person other than those to whom copies have personally been sent. This material and the transactions described therein are not nor have been subject to the review and supervision of the Liechtenstein Financial Market Authority.
Copyright © 2016 Credit Suisse Group AG and/or its affiliates and subsidiaries. All rights reserved.

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