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.

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 (DE) (FR)
  • Prospectus (version with track changes) (DE) (FR)

CSA ILS Fixed:

  • Prospectus (DE) (FR)
  • Prospectus (version with track changes) (DE) (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 16, 2020

CSA Insurance Linked Strategies / CSA Insurance Linked Strategies Fixed –COVID-19 Update – October 2020 (PDF) EN

Uncertainty Scoring (PDF) EN

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 FR

CSA 2 US Index (PDF) DE

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 1st, 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 – (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.

23. June 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 (EN)
Uncertainty Scoring (EN)
Appendix (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 (EN PDF)
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 05, 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)

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:

Capital commitment for Energy Infrastructure Switzerland L:

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 | 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)
December 11, 2018 CSA/CSA2 über den Jahreswechsel 2018/2019 (PDF DE)
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