News

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. You can find the most important information from the recent past under News.

December 3, 2018 CSA Insurance Linked Strategies / CSA Insurance Linked Strategies Fixed – Update on Wildfires California (PDF)
November 27, 2018

CSA/CSA 2 general meetings of investors on November 26, 2018
During the general meetings of investors the four investors' representatives who stood for election to the Board of Trustees were reelected for an additional four-year term of office. Four new members were also elected to the Board of Trustees as investors' representatives. The Board of Trustees now comprises eight investors' representatives and three founder's representatives.    


Presentations during the meetings of investors: 

  • Outlook for economy & markets by Oliver Adler, Chief Economist of Credit Suisse AG (PDF DE)
  • Presentation by Fredy Hasenmaile, Head of Real Estate Economics at Credit Suisse AG, on "Sustainability in real estate - between necessity and hype" (PDF DE)
November 13, 2018 CSA Insurance Linked Strategies / CSA Insurance Linked Strategies Fixed – Wildfires California (PDF EN)
November 7, 2018 Individual investment strategies for 1e plans
The 1e pension plans meet the growing requirement for more flexibility and individualization of pension provision. The Credit Suisse Investment Foundation offers a comprehensive product range that is ideally suited to implementing the individual investment strategies.

October 31, 2018

Documentation for investor meetings of Credit Suisse Investment Foundations of November 26, 2018

October 25, 2018 CSA Insurance Linked Strategies / CSA Insurance Linked Strategies Fixed – Hurricane Willa (PDF)
October 15, 2018                                   Letter to safekeeping account holders
Amendment of prospectus of the investment group CSA Real Estate Switzerland due to changeover to distribution of dividends (PDF DE)
October 12, 2018 CSA Insurance Linked Strategies / CSA Insurance Linked Strategies Fixed – Hurricane Michael (PDF EN)
October 5, 2018 CSA Insurance Linked Strategies / CSA Insurance Linked Strategies Fixed – Typhoon Trami and Update on Typhoon Jebi (PDF EN)
September 26, 2018  
Letter to safekeeping account holders
Amendment of prospectus and investment guidelines of the investment group CSA 2 Private Equity (PDF DE)
September 21, 2018

CSA Insurance Linked Strategies / CSA Insurance Linked Strategies Fixed – Typhoon Mangkhut (PDF EN)

September 19, 2018

CSA Insurance Linked Strategies / CSA Insurance Linked Strategies Fixed – Update on Hurricane Florence (PDF EN)

September 14, 2018 CSA Insurance Linked Strategies / CSA Insurance Linked Strategies Fixed – Hurricane Florence (PDF EN)
September 7, 2018 CSA Insurance Linked Strategies / CSA Insurance Linked Strategies Fixed – Typhoon Jebi (PDF EN)
August 29, 2018 CSA Insurance Linked Strategies / CSA Insurance Linked Strategies Fixed – Tropical cyclones in the Pacific (PDF EN)
August 9, 2018 CSA Insurance Linked Strategies / CSA Insurance Linked Strategies Fixed – Wildfires California (PDF EN)
August 3, 2018 CSA Insurance Linked Strategies / CSA Insurance Linked Strategies Fixed – Typhoon Jongdari (PDF EN)
June 20, 2018

CSA Insurance Linked Strategies / CSA Insurance Linked Strategies Fixed – Osaka Quake, Japan (PDF EN)

June 18, 2018 Letter to safekeeping account holders
Amendment of prospectus and investment guidelines of the investment group CSA Real Estate Germany (PDF DE)
June 15, 2018 Letter to safekeeping account holders
Amendment to the investment guidelines for investment groups CSA Fund Selection Equity Dragon Countries, CSA Fund Selection Equity Emerging Markets, and CSA Fund Selection Equity USA (PDF DE)
June 13, 2018                

Benchmark adjustment in the CSA real estate investment groups
As of July 1, 2018, instead of the main KGAST Immo-Index, the sub-indices corresponding to the investment groups CSA Real Estate Switzerland, CSA Real Estate Switzerland Commercial, CSA Real Estate Switzerland Residential, and CSA Real Estate Germany will now be shown as a reference index.

The KGAST Immo-Index as the main index displays the performance of all investment groups with direct-investing Swiss real estate investments of Conference of Investment Foundation Managers (KGAST) members. By extending the KGAST Immo-Index to KGAST Immo-Index "Familie" (Family), there are now three sub-indices representing the segments "Wohnen" (Residential), "Geschäft" (Business), and "Gemischt" (Mixed) available.

The investment strategies of CSA real estate investment groups cover the same segments, which is why the sub-indices are now to be used as a benchmark. The investment guidelines of the investment groups remain unchanged with this adjustment.

CSA Real Estate Switzerland: Benchmark, new: KGAST Immo-Index Gemischt
CSA RES Commercial: Benchmark, new: KGAST Immo-Index Geschäft
CSA RES Residential: Benchmark, new: KGAST Immo-Index Wohnen
CSA Real Estate Germany: Benchmark, new: KGAST Immo-Index Geschäft

Performance of the main KGAST Immo-Index can still be found using the KGAST real estate fact sheet at www.kgast.ch/immo-index.

June 6, 2018

The CSA Global Corporate Bonds Hedged investment group is closed for subscriptions/redemptions on June 8, 2018.

May 28, 2018 CSA Insurance Linked Strategies / CSA Insurance Linked Strategies Fixed – Series of Severe Convective Storms in the US (PDF EN)
May 8, 2018 CSA Insurance Linked Strategies / CSA Insurance Linked Strategies Fixed – Volcanic Eruption and Quake in Hawaii (PDF)
April 6, 2018 Closure of CSA Real Estate Switzerland Commercial
Due to high demand, the targeted investment volume was already reached on April 5, 2018. The CSA Real Estate Switzerland Commercial investment group will therefore be closed again for subscriptions.
March 23, 2018

Opening of CSA Real Estate Switzerland Commercial
The CSA Real Estate Switzerland Commercial investment group is to open again for subscriptions for a limited period. The investment group will use the new capital for further expansion of the portfolio and to reduce borrowings in the short term. The investment volume amounts to a maximum of CHF 250 million.

Subscriptions are possible on a daily basis from April 3, 2018 to June 29, 2018 (cut-off 4:30 p.m.).

In the event of excessive demand, CSA management explicitly reserves the right to close the investment group to subscriptions again at any time.

Presentation on opening (PDF DE)
Prospectus CSA Real Estate Switzerland Commercial (PDF DE)
CSA membership application (PDF DE)

March 12, 2018

Adjustment of Benchmark and Issuing Premium for Indexed CSA Mixed Funds
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. Against this backdrop, and in order to better reflect the current interest rate environment, the Board of Trustees of the Credit Suisse Investment Foundation has decided to replace the benchmark component for foreign currency bonds with a more appropriate index. This change enters into force on May 1, 2018.

Letter to safekeeping account holders (PDF DE)

January 30, 2018 Letter to safekeeping account holders:
Amendment of prospectus of investment group CSA 2 Multi-Manager Real Estate Global (PDF DE)
January 23, 2018 CSA Insurance Linked Strategies / CSA Insurance Linked Strategies Fixed – Winter storm Friederike in Europe (PDF EN)
January 22, 2018 Launch of Two New Investment Groups for Pillar 3a Pension Funds
On February 12, 2018, Credit Suisse Investment Foundation (CSA) is launching two new diversified portfolios with an average equity component of 75% for the Pillar 3a tied pension provision. The subscription period for the first issue runs from January 22 to February 12, 2018. The two new investment groups are distinguishable primarily by a different investment style (active/passive) and a different configuration of the benchmark (standard index / strategy index). Both investment vehicles were approved by the general supervisory board for employee benefits insurance (OAK BV) and comply fully with the investment regulations of the Ordinance on Occupational Retirement, Survivors' and Disability Pension Plans (BVV 2) and the Ordinance on Investment Foundations (OFP), with the exception of the category limits for equities.
January 5, 2018 CSA Insurance Linked Strategies / CSA Insurance Linked Strategies Fixed – Winter storm Burglind / Eleanor in Europe (PDF EN)
December 21, 2017 CSA Hypotheken Schweiz closed for daily subscriptions
Since its re-opening on 27 November 2017, the investment group CSA Hypotheken Schweiz has recorded considerable subscription volumes. The high demand exceeded the existing investment opportunities, which is why CSA management has decided to close the investment group for subscription as of 21 December 2017 until further notice. This measure also serves, among other things, to protect investors from a possible dilution of yield.
December 13, 2017 CSA Insurance Linked Strategies / CSA Insurance Linked Strategies Fixed – Wildfires in California, December (PDF EN)
December 11, 2017 CSA/CSA 2 year-end calendar 2017/2018 (PDF DE)
November 24, 2017 CSA Mortgages Switzerland opens for daily subscriptions
Investment opportunities for our investment group have steadily improved in recent months. At the same time, the market for mortgage investment groups/funds has broadened, causing demand to be better distributed across various product providers. For this reason, the CSA Mortgages Switzerland investment group will be open for subscriptions as of November 27, 2017. However, CSA reserves the right to close the investment group to subscriptions again for a short period if the subscription volume exceeds investment opportunities. Existing clients of CSA Mortgages Switzerland are eligible to subscribe, as are new investors that are qualified to join the Credit Suisse Investment Foundation, i.e. tax-exempt pension funds domiciled in Switzerland. The issuing premium in favor of the investment group's assets remains unchanged at 0.25%.
November 13, 2017 CSA Insurance Linked Strategies / CSA Insurance Linked Strategies Fixed – Wildfires in California (PDF EN)
November 9, 2017

CSA/CSA 2 Investor Meetings Held on November 9, 2017
The investor meetings approved the agenda items regarding the amendment to the Articles of Incorporation and the amendment to the Regulations. Following the amendment to the Articles of Incorporation, the function of founder can now be transferred to Credit Suisse (Switzerland) Ltd. The amendment to the Regulations will enable mandate agreements to be concluded with a Credit Suisse Group company in the future. The amendments enter into force on November 9, 2017.

 

  • Investment Outlook and Strategy by Dr. Nannette Hechler-Fayd'herbe (PDF DE)
  • Presentation by Yvonne Suter on "Institutional Investors and Sustainable Investments – An Overview" (PDF DE)

 

November 6, 2017 CSA Insurance Linked Strategies / CSA Insurance Linked Strategies Fixed – Investor letter by portfolio manager (PDF EN)
November 1, 2017

Adjustment of Benchmark and the Investment Guidelines for CSA/CSA 2 Mixed Assets
The investment strategy of the CSA/CSA 2 Mixta-BVG mixed fund is checked regularly for optimization possibilities. This ensures that the mixed assets continue to produce an attractive yield and the portfolio composition remains ideal from a risk/return perspective. The letter to safekeeping account holders with information on the most important changes in the investment strategy, an overview of the composition of the benchmark with the bandwidths, and the new investment guidelines valid from January 1, 2018, can be found below:

CSA

CSA 2