News for investors

The Credit Suisse investment foundations are unique in that they always send notice letters or letters to safekeeping account holders to directly notify their investors of important developments and changes in the investment groups.

2023
2022
2021
2020
2019

September 25, 2023	CSA Real Estate Switzerland: Distributions for financial year 2022/23 The CSA Real Estate Switzerland investment group will pay out the distributions for financial year 2022/23 with a value date of October 26, 2023. The investors in the investment group will be informed by means of a custodian bank letter with dispatch date September 27, 2023 and will be given a choice between a distribution in claims (reinvestment at NAV) and a cash distribution.
September 4, 2023	CSA Insurance Linked Strategies / CSA Insurance Linked Strategies Fixed Hurricane Idalia in August 2023 (PDF EN)
August 31, 2023	Declaration of enrollment Please note that affiliated companies are now also the legal entities of UBS Group AG within the meaning of the declaration of enrollment. Please therefore note that CSA's authorization to disclose investor data to Credit Suisse (Switzerland) Ltd. and its affiliates now also relates to the legal entities of UBS Group AG.
August 15, 2023	CSA Insurance Linked Strategies / CSA Insurance Linked Strategies Fixed Maui wildfires in August 2023 (PDF EN)
July 17, 2023	Letter to safekeeping account holders CSA Insurance Linked Strategies Side Pocket 1/ CSA Insurance Linked Strategies Fixed Side Pocket 1 – complete dissolution Letter to safekeeping account holders (PDF DE / PDF FR)
July 12, 2023	CSA Insurance Linked Strategies / CSA Insurance Linked Strategies Fixed Performance and market update post Hurricane Ian (PDF EN)
April 18, 2023	Letter to safekeeping account holders Adjustment of the redemption discount in the investment groups CSA Real Estate Switzerland, CSA Real Estate Switzerland Commercial and CSA Real Estate Switzerland Residential. CSA Real Estate Switzerland (PDF DE / PDF FR) CSA Real Estate Switzerland Commercial (PDF DE / PDF FR) CSA Real Estate Switzerland Residential (PDF DE / PDF FR)
March 31, 2023	Letter to safekeeping account holders CSA Insurance Linked Strategies Side Pocket 1/ CSA Insurance Linked Strategies Fixed Side Pocket 1 – Partial Dissolution Letter to safekeeping account holders (PDF DE / PDF FR)
March 31, 2023	Letter to safekeeping account holders CSA Insurance Linked Strategies Side Pocket 2/ CSA Insurance Linked Strategies Fixed Side Pocket 2 – Partial Dissolution Letter to safekeeping account holders (PDF DE / PDF FR)
March 15, 2023	Letter to safekeeping account holders Update on the temporary suspension of the issuance and redemption of claims in the investment group CSA Real Estate Germany. Letter to safekeeping account holders (PDF DE / PDF FR)
February 7, 2023	CSA Insurance Linked Strategies / CSA Insurance Linked Strategies Fixed M7.8 earthquake in Türkiye - February 2023 (PDF EN)
February 1, 2023	Letter to safekeeping account holders Amendment of prospectus of investment group CSA 2 Multi-Manager Real Estate Global (PDF DE / PDF FR) Prospectus CSA 2 Multi-Manager Real Estate Global (valid from 01.02.2023) (PDF DE / PDF FR) Prospectus CSA 2 Multi-Manager Real Estate Global with tracked changes (valid from 01.02.2023) (PDF DE / PDF FR)
January 30, 2023	Letter to safekeeping account holders CSA Insurance Linked Strategies Side Pocket 2/ CSA Insurance Linked Strategies Fixed Side Pocket 2 – Partial Dissolution Letter to safekeeping account holders (PDF DE / PDF FR)

December 15, 2022	CSA/CSA2 over the turn of the year 2022/2023 (PDF DE / PDF FR)
December 8, 2022	CSA Energy Transition Infrastructure – successful first closing on December 5, 2022 The initial closing of the CSA Energy Transition Infrastructure investment group met with high demand from pension funds and was successfully completed on December 5, 2022, with the acceptance of capital commitments totaling more than EUR 700 million. An initial capital call-off of an expected 65–75% of the capital commitments will also take place in December 2022 and will be used to finance the first two investments of the target fund. In collaboration with Energy Infrastructure Partners, a portfolio manager with an exclusive focus on the energy industry, the investment group offers investors access to assets that contribute to a decarbonized and more secure energy supply in OECD countries worldwide. With an exclusive focus on OECD countries, the investment group’s investment strategy focuses on four types of system-critical energy infrastructure in these markets: assets that generate carbon-free energy; assets that transport energy, like power grids and transmission networks; assets that add flexibility to energy systems; and assets that store energy, like grid-scale batteries and pumped storage power plants. For investors who missed the initial closing, a further closing is planned in 2023.
December 7, 2022	Letter to safekeeping account holders CSA 2 Private Equity – Adaptation of the return modalities Letter to safekeeping account holders (PDF DE / PDF FR)
December 5, 2022	Letter to safekeeping account holders Temporary suspension of the issuance and redemption of claims in the investment group CSA Real Estate Germany. Letter to safekeeping account holders (PDF DE / PDF FR)
December 5, 2022	Letter to safekeeping account holders CSA Insurance Linked Strategies Side Pocket 1/ CSA Insurance Linked Strategies Fixed Side Pocket 1 – Partial Dissolution Letter to safekeeping account holders (PDF DE / PDF FR)
November 30, 2022	Adjustment of spreads as of December 1, 2022 As part of a review of its product conditions, the Credit Suisse Investment Foundation 2nd Pillar has decided to make slight adjustments to the redemption charges for some indexed mixed funds in line with the economic environment with effect from December 1, 2022. (PDF DE / PDF FR)
November 28, 2022	Letter to safekeeping account holders CSA 2 Private Equity - Amendment of prospectus Letter to safekeeping account holders (PDF DE / PDF FR) Prospectus (valid from December 1, 2022) (PDF DE / PDF FR) Prospectus version with tracked changes (valid from December 1, 2022) (PDF DE / PDF FR)
November 14, 2022	CSA/CSA 2 general meetings of investors held on November 9, 2022 The general meetings of investors approved the annual accounts of the two investment foundations and voted to discharge the Board of Trustees of the two foundations. Re-elections were held and all members of the Board of Trustees of CSA and CSA 2 were re-elected by a large majority for a further term of four years. PricewaterhouseCoopers AG was also re-elected as auditor for another year.
November 10, 2022	Launch of a new investment group for Pillar 3a pension funds On November 29, 2022, the CREDIT SUISSE INVESTMENT FOUNDATION (CSA) is launching a new investment group for Pillar 3a tied pension provision with an average equity component of roughly 100%. The CSA Mixta-BVG Index 100 investment group makes indirect investments in equities worldwide via indexed funds. Investments are made in accordance with a benchmark, i.e. the benchmark is replicated with the same weighting for all of the securities it contains (physical replication). Equity investments comprise between 95% and 100%. The investment time horizon should therefore be at least 12 years. At least 80% of the foreign currency exposure is hedged. Together with its broad diversification within an individual asset class, the investment group is also distinguished by its low management costs. The subscription period for the initial issue of units will run from November 14 to November 29, 2022. Daily issuance and redemption of units will be possible from November 30, 2022, onwards. Further information can be obtained from CREDIT SUISSE PRIVILEGIA Pillar 3 Pension Foundation. Pillar 3 Pension Foundation
November 4, 2022	Letter to safekeeping account holders CSA Insurance Linked Strategies / CSA Insurance Linked Strategies Fixed Creation of new side pocket investment groups "CSA Insurance Linked Strategies Side Pocket 2" and "CSA Insurance Linked Strategies Fixed Side Pocket 2" Letter to safekeeping account holders (PDF DE / PDF FR)
October 31, 2022	Letter to safekeeping account holders Liquidation of the CSA Short Term Bonds CHF investment group The Board of Trustees of the Credit Suisse Investment Foundation has decided to liquidate the CSA Short Term Bonds CHF (2.070.709) investment group owing to declining asset performance and low investment volume. Therefore it has been closed for subscriptions and redemptions as of October 29, 2022. Letter to safekeeping account holders: CSA Short Term Bonds CHF (PDF DE / PDF FR)
October 31, 2022	Letter to safekeeping account holders Liquidation of the CSA Inflation Linked Bonds CHF investment group The Board of Trustees of the Credit Suisse Investment Foundation has decided to liquidate the CSA Inflation Linked Bonds CHF (1.764.678) investment group owing to declining asset performance and low investment volume. Therefore it has been closed for subscriptions and redemptions as of October 29, 2022. Letter to safekeeping account holders: CSA Inflation Linked Bonds CHF (PDF DE / PDF FR)
October 12, 2022	CSA Insurance Linked Strategies / CSA Insurance Linked Strategies Fixed Hurricane Ian Second Update October 2022 (PDF EN)
October 6, 2022	CSA Insurance Linked Strategies / CSA Insurance Linked Strategies Fixed Hurricane Ian Update October 2022 (PDF EN)
October 4, 2022	Documentation for investor meetings of Credit Suisse Investment Foundations of November 9, 2022 CSA/CSA 2 invitation (PDF DE) CSA annual report (PDF DE) CSA 2 annual report (PDF DE) CSA list of securities (PDF DE) CSA 2 list of securities (PDF DE) Candidate profiles for the Board of Trustees CSA/CSA 2 (PDF DE)
September 28, 2022	CSA Insurance Linked Strategies / CSA Insurance Linked Strategies Fixed Hurricane Ian – Update on events during September 2022 (PDF EN)
September 26, 2022	CSA Real Estate Switzerland: Distributions for financial year 2021/22 The CSA Real Estate Switzerland investment group will pay out the distributions for financial year 2021/22 with a value date of October 27, 2022. The investors in the investment group will be informed by means of a custodian bank letter with dispatch date September 28, 2022 and will be given a choice between a distribution in claims (reinvestment at NAV) and a cash distribution.
September 23, 2022	Letter to safekeeping account holders Information on investment groups CSA Insurance Linked Strategies / CSA Insurance Linked Strategies Fixed Letter to safekeeping account holders (PDF DE / PDF FR)
September 19, 2022	CSA Insurance Linked Strategies / CSA Insurance Linked Strategies Fixed Typhoon Nanmadol – September 2022 (PDF EN)
September 1, 2022	Letter to safekeeping account holders Adjustment to the permissible real estate component in the CSA Mixta-BVG Basic investment group The Board of Trustees of the Credit Suisse Investment Foundation has resolved to adjust the permissible real estate component in the investment guidelines of the CSA Mixta-BVG Basic investment group with effect from December 1, 2022. Letter to safekeeping account holders CSA Mixta-BVG Basic (PDF DE / PDF FR)
June 21, 2022	Letter to safekeeping account holders CSA Mortgages Switzerland – Adaptation of the return modalities Letter to safekeeping account holders: (PDF DE / PDF FR)
June 20, 2022	CSA Mortgages Switzerland In view of the current exceptional circumstances and in order to prevent a breach of the requirement for equal treatment for all investors, the redemption conditions for the CSA Hypotheken investment group are being adjusted with immediate effect as follows: Redemption of units is generally possible on a quarterly basis with an advance notice period of two months to the end of a quarter. The next deadline for giving notice is July 28, 2022, for the settlement date of September 30, 2022.
June 15, 2022	CSA Mortgages Switzerland – opening for subscriptions The investment group CSA Mortgages Switzerland will open on Monday, June 20, 2022, until further notice for subscriptions. Letter to safekeeping account holders (PDF DE / PDF FR) Presentation CSA Mortgages Switzerland (PDF DE / PDF FR)
June 3, 2022	Depositor letter Amendment of the investment guidelines for CSA International Bonds The Foundation Board has decided to amend the investment guidelines and with respect to liquidity only limit bank deposits to 5% of the investment group assets on time and demand. Depositor letter (PDF DE / PDF FR)
May 17, 2022	Capital increase for CSA Real Estate Switzerland: allocation quota Due to the oversubscription at the end of the subscription period, the allocation quota is 51.45% for all of the received subscription orders.
March 31, 2022	Letter to safekeeping account holders CSA Insurance Linked Strategies Adjustment of the minimum investment volume in class L3 as of April 1, 2022 Letter to safekeeping account holders (PDF DE / PDF FR) Prospectus (PDF DE / PDF FR)
March 22, 2022	CSA Insurance Linked Strategies / CSA Insurance Linked Strategies Fixed Fukushima, Japan Earthquake – March 2022 (PDF EN)
March 10, 2022	CSA Insurance Linked Strategies / CSA Insurance Linked Strategies Fixed Australia east coast floods – February/March 2022 (PDF EN)
March 8, 2022	Suspension of securities lending for Credit Suisse investment foundations According to the securities lending concept approved by the Board of the Foundation, securities lending is suspended if the borrower's credit spread exceeds a predefined level. The level of the credit spread was exceeded on 7 March 2022. Therefore, the management immediately initiated the suspension of the securities lending business.
March 4, 2022	CSA Insurance Linked Strategies / CSA Insurance Linked Strategies Fixed Russian invasion of Ukraine – March 2022 (PDF EN)
March 1, 2022	CSA Insurance Linked Strategies / CSA Insurance Linked Strategies Fixed Winter storms Europe – February 2022 (PDF EN)
February 23, 2022	Capital increase for CSA Real Estate Switzerland The management and the portfolio manager have made a joint decision to carry out a capital increase for the CSA Real Estate Switzerland investment group in the amount of CHF 350 million. In light of the significant anticipated demand, only existing investors may participate in this capital increase. In the event of oversubscription, all subscription orders received during the subscription period will be reduced proportionately. The new capital will be used to reduce the debt financing ratio, complete ongoing new construction projects, and make ongoing investments in the existing portfolio of properties. Letter to investors (PDF DE) Presentation (PDF DE)
February 23, 2022	Opening of CSA Real Estate Switzerland Commercial The management and the portfolio manager have made a joint decision to open the CSA Real Estate Switzerland Commercial investment group for an investment volume of CHF 250 million. Starting on April 25, 2022, both existing investors and new investors will have the opportunity to take out subscriptions on a daily basis. As soon as the targeted investment volume has been exceeded at the cut-off time on any subscription day, the subscriptions orders for this day only will be reduced proportionately. The investment group will then be closed to subscriptions. The new capital will be used to further expand the portfolio. Letter to investors (PDF DE) Presentation (PDF DE) Prospectus (PDF DE) CSA membership application (PDF DE)
February 1st, 2022	Letter to safekeeping account holders Amendment of prospectus of investment group CSA 2 Multi-Manager Real Estate Global (PDF DE / PDF FR) Prospectus CSA 2 Multi-Manager Real Estate Global (valid from 01.02.2022) (PDF DE / PDF FR) Prospectus CSA 2 Multi-Manager Real Estate Global with tracked changes (valid from 01.02.2022) (PDF DE / PDF FR)
20. January 2022	Letter to safekeeping account holders Liquidation of the CSA Nippon Index investment group The Board of Trustees of the Credit Suisse Investment Foundation has decided to liquidate the CSA Nippon Index (349.351) investment group owing to declining asset performance and low investment volume. Therefore it has been closed for subscriptions and redemptions as of January 20, 2022. Letter to safekeeping account holders: CSA Nippon Index (PDF DE / PDF FR)

December 17, 2021	CSA Insurance Linked Strategies / CSA Insurance Linked Strategies Fixed – Tornadoes U.S. – December 2021 (PDF EN)
December 16, 2021	CSA/CSA2 über den Jahreswechsel 2021/2022 (PDF DE)
November 16, 2021	CSA/CSA 2 general meetings of investors held on November 15, 2021 Due to the extraordinary circumstances in connection with the COVID-19 pandemic (coronavirus), both 2021 ordinary general meetings of investors of the Credit Suisse Investment Foundations were again held without the physical attendance of investors. Only the Chair of the Board of Trustees, the secretary, the independent proxy, and a representative of the auditors participated in the closed meeting. Investors were able to appoint the independent proxy to represent them in writing. The general meetings of investors voted in favor of all agenda items submitted for approval. The annual reports of CSA and CSA 2 are available in digital form on the website of the Credit Suisse Investment Foundations in German and French.
November 12, 2021	Letter to safekeeping account holders CSA Insurance Linked Strategies / CSA Insurance Linked Strategies Fixed – change of benchmark (PDF DE / PDF FR) Prospectus CSA ILS (valid from 01.11.2021 (PDF DE / PDF FR) Prospectus CSA ILS with tracked changes (valid from 01.11.2021) (PDF DE / PDF FR) Prospectus CSA ILS Fixed (valid from 01.11.2021) (PDF DE / PDF FR) Prospectus CSA ILS Fixed with tracked changes (valid from 01.11.2021) (PDF DE / PDF FR)
October 8, 2021	Documents for the meetings of investors of the Credit Suisse Investment Foundations of November 15, 2021 CSA/CSA 2 invitation (PDF DE) CSA annual report (PDF DE) CSA 2 annual report (PDF DE) CSA list of securities (PDF DE) CSA 2 list of securities (PDF DE)
September 27, 2021	CSA Real Estate Switzerland: Distributions for financial year 2020/21 The CSA Real Estate Switzerland investment group will pay out the distributions for financial year 2020/21 with a value date of October 28, 2021. The investors in the investment group will be informed by means of a custodian bank letter with dispatch date September 29, 2021 and will be given a choice between a distribution in claims (reinvestment at NAV) and a cash distribution.
September 24, 2021	CSA Insurance Linked Strategies / CSA Insurance Linked Strategies Fixed Melbourne Earthquake – September 2021 (PDF EN)
September 8, 2021	CSA Insurance Linked Strategies / CSA Insurance Linked Strategies Fixed Update on Hurricane Ida – August 2021 (PDF EN)
August 30, 2021	CSA Insurance Linked Strategies / CSA Insurance Linked Strategies Fixed Hurricane Ida – August 2021 (PDF EN)
August 24, 2021	CSA Insurance Linked Strategies / CSA Insurance Linked Strategies Fixed Hurricane Henri – August 2021 (PDF EN)
July 21, 2021	CSA Insurance Linked Strategies / CSA Insurance Linked Strategies Fixed Europe Floods – July 2021 (PDF EN)
July 5, 2021	Letter to safekeeping account holders Information on investment groups CSA Insurance Linked Strategies Side Pocket 1 / CSA Insurance Linked Strategies Fixed Side Pocket 1 (PDF DE)
June 22, 2021	As part of a review of its product conditions, the Credit Suisse Investment Foundation 2nd Pillar has decided to make slight adjustments to the redemption charges for some indexed mixed funds in line with the economic environment with effect from June 22, 2021. (PDF DE / PDF FR)
June 9, 2021	Letter to safekeeping account holders CSA BVG 25-45 Dynamic I (30.725.295) – Change in the benchmark composition In the investment group CSA BVG 25-45 Dynamic, the performance of liquidity has been, up to now, measured using the one-month LIBOR interest rate. In the future, the performance of liquidity will be measured against the SARON. Letter to safekeeping account holders (PDF DE)
June 4, 2021	Letter to safekeeping account holders More attractive conditions for our clients in the areas of vested benefits and tied pension provision We are pleased to announce that the all-in fees of the four index-managed CSA Mixta-BVG investment groups Index 25, Index 35, Index 45, and index 75 are being reduced as of July 1, 2021. These investment groups are mainly used in the areas of vested benefits and tied pension provision. Letter to safekeeping account holders (PDF DE / PDF FR)
May 21, 2021	Letter to safekeeping account holders Liquidation of the investment groups CSA Global Bonds Hedged and CSA Global Corporate Bonds Hedged The Board of Trustees of the Credit Suisse Investment Foundation has decided to liquidate the CSA Global Bonds Hedged (10.399.033) and CSA Global Corporate Bonds Hedged (13.953.439) investment groups owing to declining asset performance and low investment volume. They are therefore closed for subscriptions and redemptions as of May 21, 2021. Letter to safekeeping account holders: CSA Global Bonds Hedged (PDF DE / PDF FR) Letter to safekeeping account holders: CSA Global Corporate Bonds Hedged (PDF DE)
May 10, 2021	CSA/CSA 2 exposure to the Credit Suisse supply chain finance funds – update In view of ongoing client interest, management of the two investment foundations (CSA and CSA 2) has decided to review the current exposure to the Credit Suisse supply chain finance funds in administration. As of May 4, 2021, out of a total 54 investment groups, only two investment groups were indirectly exposed to the supply chain finance funds via a target fund. These are the two investment groups with an additional focus on alternative investments: CSA Mixta-BVG 15 Plus (security nos. 46.329.594, 43.663.719) with an asset value (as of May 4, 2021) of CHF 34,456,787.16 and an exposure of 0.19%¹ and CSA 2 Mixta-BVG 25 Plus (security nos. 11.217.285, 43.663.749) with an asset value (as of May 4, 2021) of CHF 110,256,668.27 and an exposure of 0.14%.¹ All other investment groups of CSA and CSA 2 have no exposure to the Credit Suisse supply chain finance funds. If you have any questions on the topic, please do not hesitate to contact the management of the Credit Suisse investment foundations. ¹ The respective exposure has fallen markedly since March 4, 2021. Firstly, repayments from the supply chain finance funds have already been made to the investors; second, the exposure has changed due to market fluctuations or changes in the portfolio allocation.
April 13, 2021	Letter to safekeeping account holders Information on investment groups CSA Insurance Linked Strategies Side Pocket 1 / CSA Insurance Linked Strategies Fixed Side Pocket 1 (PDF DE)
March 30, 2021	CSA Insurance Linked Strategies / CSA Insurance Linked Strategies Fixed Winter storm US, NSW floods Australia and earthquake Japan – February / March 2021 (PDF EN)
March 22, 2021	CSA/CSA 2 exposure to the Credit Suisse supply chain finance funds Media reports on the Credit Suisse supply chain finance funds have prompted the management of the two investment foundations (CSA and CSA 2) to review their exposure to these funds. As of March 4, 2021, out of a total 54 investment groups, only two investment groups were indirectly exposed to the supply chain finance funds via a target fund. These are the two investment groups with an additional focus on alternative investments: CSA Mixta-BVG 15 Plus (security nos. 46.329.594; 43.663.719) with an asset value (as of March 4, 2021) of CHF 38,697,042.54 and an exposure of 0.38%¹ and CSA 2 Mixta-BVG 25 Plus (security nos. 11.217.285; 43.663.749) with an asset value (as of March 4, 2021) of CHF 105,373,578.28 and an exposure of 0.31%.¹ All other investment groups of CSA and CSA 2 have no exposure to the Credit Suisse supply chain finance funds. If you have any questions on the topic, please do not hesitate to contact the management of the Credit Suisse investment foundations. ¹ Exposure can vary due to market fluctuations or changes in the portfolio allocation.
March 1, 2021	CSA Insurance Linked Strategies / CSA Insurance Linked Strategies Fixed Winter storm US – February 2021 (PDF EN)
March 1, 2021	Letter to safekeeping account holders In order to reach the goal of "sustainability," some benchmark components in the index-managed mixed funds must be replaced with ESG indices. Furthermore, clarifications regarding the sustainable investment approach will be included in the notes to the investment guidelines. You can find detailed information on the changes in the following documents. Letter to safekeeping account holders (PDF DE) Changes to the investment guidelines (PDF DE) Changes to the benchmark (PDF DE)
February 15, 2021	CSA Insurance Linked Strategies / CSA Insurance Linked Strategies Fixed Earthquake Japan – February 2021 (EN PDF)

December 31, 2020	CSA Insurance Linked Strategies / CSA Insurance Linked Strategies Fixed Investors in these investment groups were asked to vote on the creation of side-pocket investment groups and the associated changes to the prospectuses. Detailed information about the mechanics of side pockets was provided to investors ahead of the vote. In a conference call on December 8, 2020, investors had an opportunity to listen to the information given by management and the portfolio manager as well as ask any questions. Management has examined the ballot papers received as of December 22, 2020 (postmark) and can announce the following results: CSA Insurance Linked Strategies The creation of a side-pocket investment group was approved Valid votes received: 302'279.476 Voter participation: 77% Votes for option 1: 99% Votes for option 2: 1% Investors decided in favor of the creation of a side-pocket investment group and approved the changes to the prospectus. Management will now initiate the creation of the side-pocket investment group. Redemptions submitted no later than November 10, 2020, will be processed as of January 31, 2021, in accordance with the redemption restrictions specified in the prospectus. Subscriptions will likewise be accepted again as of the end of January (closing date for subscriptions: January 16, 2021). The result means that the updated prospectus was also approved and enters into force on December 22, 2020. (PDF DE / PDF FR) CSA Insurance Linked Strategies Fixed The creation of a side-pocket investment group was approved Valid votes received: 160'767.902 Voter participation: 93% Votes for option 1: 100% Votes for option 2: 0% Investors decided in favor of the creation of a side-pocket investment group and approved the changes to the prospectus. Management will now initiate the creation of the side-pocket investment group. Redemptions submitted no later than November 10, 2020, will be processed as of January 31, 2021, in accordance with the redemption restrictions specified in the prospectus. Subscriptions will likewise be accepted again as of the end of January (closing date for subscriptions: January 16, 2021). The result means that the new prospectus was also approved and enters into force on December 22, 2020. (PDF DE / PDF FR)
December 18, 2020	Benchmark adjustment for CSA Real Estate Germany The investment group CSA Real Estate Germany has been managed in EUR since October 1, 2019, and was settled in EUR for the first time on December 31, 2019. Due to the change of reference currency from CHF to EUR, according to the Global Investment Performance Standards (GIPS) it is no longer possible to have a benchmark comparison with CHF-denominated investment groups (business real estate index of the Conference of Investment Foundation Managers [KGAST]). Therefore, after consultation with the portfolio manager, management has decided to no longer reference this benchmark. Owing to the lack of viable alternatives, there will be no comparative benchmark mentioned in the future.
December 18, 2020	Sustainability reports from the CSA real estate investment groups The CSA real estate investment groups take part in the Global Real Estate Sustainability Benchmark (GRESB) every year for the purposes of evaluating ESG compliance and achieved very good results: CSA Real Estate Switzerland sustainability report (PDF DE) CSA RES Residential sustainability report (PDF DE) CSA RES Commercial sustainability report (PDF DE) CSA Real Estate Germany sustainability report (PDF DE)
December 7, 2020	CSA Energy Infrastructure Switzerland – Letter to safekeeping account holders adaptation of the prospectus Qualification of the investment group as investment category "Infrastructure": The classification was carried out in consultation with OPSC and confirmed by the latter during the preliminary examination. Credit Suisse Energy Infrastructure AG gets its own FINMA Licence and changes its name to “Energy Infrastructure Partners AG” Letter to safekeeping account holders (PDF DE / PDF FR) Prospectus CSA Energy Infrastructure Switzerland valid from 1 December 2020 (PDF DE / PDF FR)
December 4, 2020	Letter to safekeeping account holders Amendment of prospectus and investment guidelines for the investment groups CSA Real Estate Switzerland, CSA RES Commercial and CSA RES Residential. Letter to safekeeping account holders (PDF DE) CSA investment guidelines valid from January 1, 2021 (PDF DE) Prospectus CSA Real Estate Switzerland valid from January 1, 2021 (PDF DE) Prospectus CSA Real Estate Switzerland valid from January 1, 2021 (version with tracked changes) (PDF DE) Prospectus CSA RES Commercial valid from January 1, 2021 (PDF DE) Prospectus CSA RES Commercial valid from January 1, 2021 (version with tracked changes) (PDF DE) Prospectus CSA RES Residential valid from January 1, 2021 (PDF DE) Prospectus CSA RES Residential valid from January 1, 2021 (version with tracked changes) (PDF DE)
December 4, 2020	Letter to safekeeping account holders Amendment of prospectus and investment guidelines for the investment group CSA Real Estate Germany. Letter to safekeeping account holders (PDF DE) CSA investment guidelines valid from January 1, 2021 (PDF DE) Prospectus CSA Real Estate Germany valid from January 1, 2021 (PDF DE) Prospectus CSA Real Estate Germany valid from January 1, 2021 (with track changes) (PDF DE)
November 27, 2020	CSA Insurance Linked Strategies / Insurance Linked Strategies Fixed – Information re. investor vote on the creation of side pockets Investor meeting (conference call): Tuesday, December 8, 2020 Votes to be cast by: Tuesday, December 22, 2020 CSA ILS: Prospectus (PDF DE / PDF FR) Prospectus (version with track changes) (PDF DE / PDF FR) CSA ILS Fixed: Prospectus (PDF DE / PDF FR) Prospectus (version with track changes) (PDF DE / PDF FR) Important note: The amended prospectuses will only enter into force on December 22, 2020, if the majority of the votes cast approve the creation of side pockets.
November 18, 2020	CSA/CSA 2 general meetings of investors held on November 17, 2020 During the two investor meetings, Mr. Corrado Tedeschi was elected as investor representative on the Board of Trustees of the Credit Suisse Investment Foundations for a shortened term of office of two years. The Board of Trustees of the two investment foundations now comprises seven investor representatives and three representatives of the founder. In addition, the amendments to the Articles of Association and the foundation regulations, as proposed by the Board of Trustees, were adopted by the CSA/CSA 2 general meetings of investors. The new versions and the annual reports can be found in digital form on the websites of the Credit Suisse Investment Foundations in German and French.
October 23, 2020	Documents for the meetings of investors of the Credit Suisse Investment Foundations of November 17, 2020 CSA/CSA 2 invitation (PDF DE) CSA annual report (PDF DE) CSA 2 annual report (PDF DE) CSA list of securities (PDF DE) CSA 2 list of securities (PDF DE) CSA/CSA 2 candidate profile (PDF DE) CSA articles of foundation – final (PDF DE) CSA articles of foundation – with commentary (PDF DE) CSA regulations – final (PDF DE) CSA regulations – with commentary (PDF DE) CSA 2 articles of association – final (PDF DE) CSA 2 articles of association – with commentary (PDF DE) CSA 2 regulations – final (PDF DE) CSA 2 regulations – with commentary (PDF DE) Clarification of eligible investors for CSA 2 (PDF DE) CSA presentation (PDF DE) CSA 2 presentation (PDF DE)
October 20, 2020	Letter to safekeeping account holders The investment groups CSA Euro Index and CSA 2 US Index were closed for subscriptions and redemptions as of October 20, 2020, and the liquidation proceedings have been initiated. For more details please see the letter to safekeeping account holders. CSA Euro Index (PDF DE / PDF FR) CSA 2 US Index (PDF DE)
October 16, 2020	CSA Insurance Linked Strategies / CSA Insurance Linked Strategies Fixed COVID-19 Update – October 2020 (PDF EN) Uncertainty Scoring (PDF EN)
October 13, 2020	CSA Insurance Linked Strategies / CSA Insurance Linked Strategies Fixed Hurricane Delta, West Coast Wildfires, Storm Alex – October 2020 (PDF EN)
October 1, 2020	CSA 2 Private Equity – normalization of redemption modalities The changes announced in the spring to the redemption modalities for CSA 2 Private Equity that were applied on the closing dates of June 30 and September 30, 2020, will be normalized with effect from the next closing date (December 31, 2020): The net redemption of units will be increased from 2% to 4% of the currently outstanding units for each quarterly redemption date. The redemption price will be increased from NAV – 5% to NAV – 1%.
October 1, 2020	Letter to safekeeping account holders Amendment of prospectus of investment group CSA 2 Multi-Manager Real Estate Global (PDF DE)
September 28, 2020	CSA Real Estate Switzerland: Distributions for financial year 2019/20 The CSA Real Estate Switzerland investment group will pay out the distributions for financial year 2019/20 with a value date of October 22, 2020. The investors in the investment group will be informed by means of a custodian bank letter with dispatch date September 30, 2020 and will be given a choice between a distribution in claims (reinvestment at NAV) and a cash distribution.
September 24, 2020	Letter to safekeeping account holders Information on investment groups CSA Insurance Linked Strategies/ CSA Insurance Linked Strategies Fixed (PDF DE)
September 18, 2020	CSA Insurance Linked Strategies / CSA Insurance Linked Strategies Fixed Hurricane Sally, Hurricane Laura, West Coast Wildfires – September 2020 (PDF EN)
August 27, 2020	CSA Insurance Linked Strategies / CSA Insurance Linked Strategies Fixed Hurricane Laura, California Wildfires – August 2020 (PDF EN)
August 21, 2020	Letter to safekeeping account holders Temporary closure of the investment group CSA Equity Small & Mid Cap Switzerland The investment group CSA Equity Small & Mid Cap Switzerland with both unit classes A (security number 1.039.194) and L (security number 3.181.053) remains closed for issue and redemptions between September 17, 2020 and September 21, 2020, inclusive. Owing to the closure, orders for the investment group placed between September 17 and September 21, 2020, will be transferred on September 22, 2020, and settled accordingly. Letter to safekeeping account holders (PDF DE)
August 13, 2020	CSA Mortgages Switzerland – closure of daily subscription period The investment group CSA Mortgages Switzerland has now been closed for subscriptions until further notice.
June 23, 2020	Resumption of securities lending in the CSA/CSA2 investment groups: As of June 23, 2020, the securities lending program with Credit Suisse as Principal will be permitted again against appropriate collateral. Should the situation on the financial markets or that of the Principal deteriorate, securities lending would be suspended again. (PDF DE)
June 18, 2020	CSA Insurance Linked Strategies / CSA Insurance Linked Strategies Fixed Latest developments around COVID-19 – June 2020 (PDF EN) Uncertainty Scoring (PDF EN) Appendix (PDF EN)
June 17, 2020	Letter to safekeeping account holders Revision to CSA and CSA 2 investment guidelines with regard to exceeding the limits on debtors and companies pursuant to Art. 54 and 54a BVV 2 and exceeding the category limits pursuant to Art. 55 BVV 2 As of July 1, 2020, new provisions on diversification apply for several investment groups in order to maintain appropriate transparency. Combined investment groups with a larger proportion of equities and alternative investments are also permitted now, provided this is explicitly indicated. Letter to safekeeping account holders CSA (PDF DE) Letter to safekeeping account holders CSA 2 (PDF DE)
June 15, 2020	Letter to safekeeping account holders Benchmark adjustment in CSA 2 Mixta-BVG Index 25/35/45 investment groups In the benchmark for these three investment groups, the weight of US Treasuries has increased significantly as compared to other creditors over the past few months. The Board of Trustees has thus decided to adjust the benchmarks and the respective investment ranges as of July 1, 2020 (PDF DE).
May 28, 2020	General Meeting of Warteck Invest AG dated on May 27, 2020 (PDF EN)
May 27, 2020	Letter to safekeeping account holders Information on investment groups CSA Insurance Linked Strategies/ CSA Insurance Linked Strategies Fixed (PDF DE)
May 26, 2020	General Meeting of Novavest Real Estate AG dated on May 25, 2020 (PDF EN)
May 18, 2020	Letter to safekeeping account holders Liquidation of the investment groups CSA Bonds EUR and CSA Bonds USD. CSA Bonds EUR (PDF DE) CSA Bonds USD (PDF DE)
May 14, 2020	Closure of CSA Real Estate Switzerland Residential investment group The CSA Real Estate Switzerland Residential investment group has reached its investment volume and will be closed again for subscriptions.
May 6, 2020	Opening of the investment group CSA Mortgages Switzerland The investment group CSA Mortgages Switzerland will open on May 18, 2020 until further notice for subscriptions amounting to approximately CHF 100 million. Letter to safekeeping account holders (PDF DE)
April 30, 2020	Opening of CSA Real Estate Switzerland Residential investment group The management and the portfolio manager have taken a joint decision to open the CSA Real Estate Switzerland Residential investment group for subscriptions up to an investment volume of CHF 120 million. Letter to investors (PDF DE) Presentation on opening (PDF DE) CSA Real Estate Switzerland Residential prospectus (PDF DE) CSA membership application (PDF DE)
April 29, 2020	Letter to safekeeping account holders Adaptation of the return modalities in the investment group CSA 2 Private Equity (PDF DE)
April 29, 2020	General Meeting of Investis Holding SA dated on April 28, 2020 (PDF EN)
April 27, 2020	General Meeting of Allreal Holding AG dated on April 24, 2020 (PDF EN)
April 24, 2020	General Meeting of HIAG Immobilien Holding AG dated on April 23, 2020 (PDF EN)
April 10, 2020	General Meeting of PLAZZA AG dated on April 09, 2020 (PDF EN)
April 9, 2020	General Meeting of Fundamenta Real Estate AG dated on April 08, 2020 (PDF EN)
April 2, 2020	General Meeting of Mobimo Holding AG dated on March 31, 2020 (PDF EN)
April 2, 2020	Letter to safekeeping account holders Information on investment groups CSA Insurance Linked Strategies/ CSA Insurance Linked Strategies Fixed (PDF DE)
March 26, 2020	General Meeting of Swiss Prime Site AG dated on March 24, 2020 (PDF EN)
March 16, 2020	CSA Insurance Linked Strategies / CSA Insurance Linked Strategies Fixed Coronavirus – March 2020 (PDF EN)
March 16, 2020	Information on asset management for the CSA Equity Linked Bonds investment group Credit Suisse Asset Management (Switzerland) Ltd. and AgaNola AG are to build on their successful partnership in the convertible bonds area by combining their convertibles business under the name Credit Suisse Investment Partners (Switzerland) Ltd. To ensure stronger, more sustainable growth in the future, they will bring their expertise together under one roof at the end of March. (PDF DE)
March 13, 2020	Suspension of securities lending for Credit Suisse investment foundations: According to the securities lending concept approved by the Board of the Foundation, securities lending is suspended if the borrower's credit spread exceeds a predefined level. The level of the credit spread was exceeded on 12 March 2020. Therefore, the management immediately initiated the suspension of the securities lending business. (PDF DE)
March 13, 2020	New cut-off times for subscriptions and redemptions To give portfolio managers more time to make investment decisions, the cut-off times for subscriptions and redemptions in the Fund Selection investment groups will be changed with effect from April 1, 2020. (PDF DE)
February 5, 2020	CSA Insurance Linked Strategies / CSA Insurance Linked Strategies Fixed Update on Coronavirus – February 2020 (PDF EN)
January 27, 2020	CSA Insurance Linked Strategies / CSA Insurance Linked Strategies Fixed Coronavirus in China – January 2020 (PDF EN)
January 20, 2020	CSA Insurance Linked Strategies/ CSA Insurance Linked Strategies Fixed Due to valuation uncertainty in the target fund, the investment groups are closed for subscriptions and redemptions until further notice. Redemption notifications that CSA receives in the meantime will be processed in the order in which they are received once the fund reopens, taking into account the restrictions described in the prospectus.
January 20, 2020	CSA Insurance Linked Strategies / CSA Insurance Linked Strategies Fixed Australia Bushfires – update - January 2020 (PDF EN)
January 13, 2020	Extraordinary General Meeting of BFW Liegenschaften AG dated on January 10, 2020 (PDF EN)
January 10, 2020	As part of a review of their product conditions, the Credit Suisse Investment Foundations have decided to make slight adjustments to the issuing premiums for certain indexed mixed funds in line with the economic environment with effect from February 3, 2020. (PDF DE)
January 8, 2020	CSA Insurance Linked Strategies / CSA Insurance Linked Strategies Fixed Australia Bushfires – January 2020 (PDF EN)

November 28, 2019	Letter to safekeeping account holders Amendment of prospectus and investment guidelines for the investment group CSA Real Estate Germany (change of reference currency). (PDF DE)
November 25, 2019	CSA/CSA 2 general meetings of investors held on November 25, 2019 During the two investor meetings, Mr. Daniel Zwygart was elected as investor representative on the Board of Trustees of the Credit Suisse Investment Foundations for a shortened term of office of three years. The Board of Trustees of the two investment foundations now comprises six investor representatives and three representatives of the founder. Presentations during the investor meetings: Presentation by Daniel Wild, Global Head of ESG Strategy at Credit Suisse AG, on: "Sustainable investing is a hot trend – how Credit Suisse is positioning itself." (PDF DE) Next year, the ordinary general meetings of investors of CSA/CSA 2 will be held at Forum St. Peter in Zurich on Tuesday, November 17, 2020.
November 11, 2019	CSA Insurance Linked Strategies / CSA Insurance Linked Strategies Fixed Update on Typhoon Hagibis from October 2019 (PDF EN)
October 30, 2019	Documentation for investor meetings of Credit Suisse Investment Foundations of November 25, 2019 Invitation CSA/CSA 2 (PDF DE) Annual report CSA (PDF DE) Annual report CSA 2 (PDF DE) Statement of securities CSA (PDF DE) Statement of securities CSA 2 (PDF DE) Candidate profiles for the Board of Trustees CSA/CSA 2 (PDF DE)
October 22, 2019	Letter to safekeeping account holders Change to the investment guidelines regarding sustainable investments (PDF EN) Investment guidelines CSA/CSA 2 Additional information on sustainalbe investments (ESG)
October 15, 2019	CSA Insurance Linked Strategies / CSA Insurance Linked Strategies Fixed Typhoon Hagibis – October 2019 (PDF EN)
October 1, 2019	Amendment to the investment guidelines for CSA Global Corporate Bonds Hedged Past events have shown that the maximum holding of 5% for government bonds defined in the investment guidelines is insufficient to manage the duration risk and yield curve risk. The Board of Trustees has therefore decided to increase the maximum holding for government bonds to 15% of the investment group's assets. Letter to safekeeping account holders (PDF DE)
September 27, 2019	CSA Real Estate Switzerland: Distributions for financial year 2018/19 The CSA Real Estate Switzerland investment group will pay out the distributions for financial year 2018/19 with a value date of November 7, 2019. The investors in the investment group will be informed by means of a custodian bank letter with dispatch date October 7, 2019 and will be given a choice between a distribution in claims (reinvestment at NAV) and a cash distribution.
September 10, 2019	CSA Insurance Linked Strategies / CSA Insurance Linked Strategies Fixed Typhoon Faxai – September 2019 (PDF EN)
September 06, 2019	CSA Insurance Linked Strategies / CSA Insurance Linked Strategies Fixed Update on the further development of the market access platform by the Investment Manager of CS IRIS C Fund Limited (PDF EN)
September 02, 2019	CSA Insurance Linked Strategies / CSA Insurance Linked Strategies Fixed Hurricane Dorian, second pre landfall update (PDF EN) NHC Forecast Cone for Storm Center - Hurricane Dorian (pre-landfall) (PDF EN)
September 02, 2019	CSA Energy Infrastructure Switzerland – fourth closing Subscription period: Until 12:00 noon on February 3, 2020 Letter to safekeeping account holders (PDF DE / PDF FR) Capital commitment for Energy Infrastructure Switzerland A: Credit Suisse client: (PDF DE / PDF FR) Third-party bank client: (PDF DE / PDF FR) Capital commitment for Energy Infrastructure Switzerland L: Credit Suisse client: (PDF DE / PDF FR) Third-party bank client: (PDF DE / PDF FR)
August 30, 2019	CSA Insurance Linked Strategies / CSA Insurance Linked Strategies Fixed Hurricane Dorian (PDF EN) Storm Track Forcast for Hurricane Dorian (pre-landfall) (PDF EN)
August 19, 2019	CSA Hypotheken Schweiz – closure of daily subscription period The target volume of CHF 100 million was reached within a few hours. The investment group CSA Hypotheken Schweiz is therefore again closed for subscriptions until further notice.
August 19, 2019	CSA Hypotheken Schweiz – opening for daily subscriptions The investment group CSA Hypotheken Schweiz will open on August 19, 2019 until further notice for subscriptions amounting to approximately CHF 100 million. The subscriptions will be accepted on a first-come, first-served basis. As soon as the target volume is reached, any further subscriptions will be refused. During the opening, both new and existing investors of the investment group can subscribe. Letter to safekeeping account holders (PDF DE / PDF FR)
July 29, 2019	The revised Ordinance on Investment Foundations enters into force on August 1, 2019. In the amended ordinance, the Federal Council has expanded the investment opportunities and flexibility of investment foundations. For example, the new ordinance makes it possible for investment foundations to invest more heavily in equities in certain vehicles than in the past, a move that has been made necessary by the low interest rate environment. This eliminates the competitive disadvantage that they have compared to investment funds. As a result, the CSA is also opening up the two investment groups CSA Mixta-BVG Equity 75 and CSA Mixta-BVG Index 75 to vested benefits foundations with effect from August 1, 2019.
July 16, 2019	CSA Insurance Linked Strategies / CSA Insurance Linked Strategies Fixed Hurricane Barry (PDF EN)
July 5, 2019	CSA Insurance Linked Strategies / CSA Insurance Linked Strategies Fixed Update on Earthquake in California (PDF EN)
July 4, 2019	CSA Insurance Linked Strategies / CSA Insurance Linked Strategies Fixed Earthquake in California (PDF EN)
July 1, 2019	Letter to safekeeping account holders Amendment of prospectus of investment group CSA 2 Multi-Manager Real Estate Global (PDF DE)
May 26, 2019	CSA Insurance Linked Strategies / CSA Insurance Linked Strategies Fixed Earthquake in Peru (PDF EN)
May 23, 2019	General Meeting of Warteck Invest AG dated on May 22, 2019 (PDF EN)
March 28, 2019	CSA Insurance Linked Strategies / CSA Insurance Linked Strategies Fixed Cyclones Trevor and Veronica, Australia (PDF EN)
February 28, 2019	CSA Insurance Linked Strategies / CSA Insurance Linked Strategies Fixed Earthquake in Ecuador/Peru (PDF EN)
February 14, 2019	CSA Insurance Linked Strategies / CSA Insurance Linked Strategies Fixed Flooding in Northern Queensland, Australia (PDF EN)
February 8, 2019	Adjustment to the foreign equity component of the CSA Mixta-BVG Index 75 investment group benchmark The investment strategy for indexed CSA mixed funds is regularly reviewed for optimization opportunities. This aims to ensure that the mixed funds continue to produce an attractive yield and the portfolio composition remains ideal from a risk/return perspective. For the purpose of integrating additional sources of yield and to improve diversification, starting on May 1, 2019, in the investment group CSA Mixta-BVG Index 75, the ratio of foreign equities will no longer be measured by the MSCI World factor mix A-series (NR) index, but rather by the MSCI World Diversified Factor Mix (NR) index. Letter to safekeeping account holders (PDF DE)
January 23, 2019	Letter to safekeeping account holders Amendment of prospectus of the investment group CSA Real Estate Germany (PDF DE)

News for investors

The Credit Suisse investment foundations are unique in that they always send notice letters or letters to safekeeping account holders to directly notify their investors of important developments and changes in the investment groups.

September 25, 2023

CSA Real Estate Switzerland: Distributions for financial year 2022/23

September 4, 2023

CSA Insurance Linked Strategies / CSA Insurance Linked Strategies Fixed

August 31, 2023

Declaration of enrollment

August 15, 2023

CSA Insurance Linked Strategies / CSA Insurance Linked Strategies Fixed

July 17, 2023

Letter to safekeeping account holders

July 12, 2023

CSA Insurance Linked Strategies / CSA Insurance Linked Strategies Fixed

April 18, 2023

Letter to safekeeping account holders

March 31, 2023

Letter to safekeeping account holders

March 31, 2023

Letter to safekeeping account holders

March 15, 2023

Letter to safekeeping account holders

February 7, 2023

CSA Insurance Linked Strategies / CSA Insurance Linked Strategies Fixed

February 1, 2023

Letter to safekeeping account holders

January 30, 2023

Letter to safekeeping account holders

December 15, 2022

CSA/CSA2 over the turn of the year 2022/2023

December 8, 2022

CSA Energy Transition Infrastructure – successful first closing on December 5, 2022

December 7, 2022

Letter to safekeeping account holders

December 5, 2022

Letter to safekeeping account holders

December 5, 2022

Letter to safekeeping account holders

November 30, 2022

Adjustment of spreads as of December 1, 2022

November 28, 2022

Letter to safekeeping account holders

November 14, 2022

CSA/CSA 2 general meetings of investors held on November 9, 2022

November 10, 2022

Launch of a new investment group for Pillar 3a pension funds

November 4, 2022

Letter to safekeeping account holders

October 31, 2022

Letter to safekeeping account holders

October 31, 2022

Letter to safekeeping account holders

October 12, 2022

CSA Insurance Linked Strategies / CSA Insurance Linked Strategies Fixed

October 6, 2022

CSA Insurance Linked Strategies / CSA Insurance Linked Strategies Fixed

October 4, 2022

Documentation for investor meetings of Credit Suisse Investment Foundations of November 9, 2022

September 28, 2022

CSA Insurance Linked Strategies / CSA Insurance Linked Strategies Fixed

September 26, 2022

CSA Real Estate Switzerland: Distributions for financial year 2021/22

September 23, 2022

Letter to safekeeping account holders

September 19, 2022

CSA Insurance Linked Strategies / CSA Insurance Linked Strategies Fixed

September 1, 2022

Letter to safekeeping account holders

June 21, 2022

Letter to safekeeping account holders

June 20, 2022

CSA Mortgages Switzerland

June 15, 2022

CSA Mortgages Switzerland – opening for subscriptions

June 3, 2022

Depositor letter

May 17, 2022

Capital increase for CSA Real Estate Switzerland: allocation quota

March 31, 2022

Letter to safekeeping account holders