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Credit Suisse Equity Fund (Lux) Future Energy Aberdeen Questions and Answers June 2009 What is the Fund Investment Policy? The aim of the Fund is to achieve the highest possible capital growth by investing worldwide in companies offering products and services in the field of future-oriented energy exploration, conversion and distribution. Who will manage the fund after the 1st of July? As at July 1st 2009 the fund will be managed by the global equities team in conjunction with specialist assistance from regional equity desks. Aberdeen’s approach is to run investments collectively and not assign funds to named individuals. Stephen Docherty, who joined Aberdeen in 1994, is Head of Global Equities. How will the transition to new management be conducted? The fund management team is likely to undertake some re-alignment of portfolios based on fundamental research which they undertake themselves. The team follow an equity investment process the core disciplines of which are emphasis on original company research, the identification of businesses that they can understand and the elimination of downside risks through price disciplines. It is not expected that transaction costs will exceed historic transaction cost parameters to any significant degree (if at all). What kind of track record does the new management have? The team manages the Luxembourg-domiciled Aberdeen Global – World Equity Fund. The $750 million fund has a S&P A rating and is top quartile over one, three, five years. While Aberdeen does not currently have an Energy fund the team has experience managing a sector fund. Will the fund continue with the same strategic/performance/risk profile? Aberdeen is a traditional, bottom-up stockpicker. The approach is to investigate companies thoroughly before investing, with team members cross-covering management visits. Once a company is bought into, the aim is to hold it for the long term, which means portfolio turnover is low and names do not change much. Aberdeen believes strongly in active management and does not use benchmarks for the basis of portfolio construction. It follows that tracking error is disregarded as a measure of risk, which is seen instead at the level of individual security selection. Will the fund continue with the same asset class/regional focus? There are no immediate plans to change the asset class/regional focus of the fund. What kind of investor service will be offered, i.e. reporting, manager access etc? Monthly factsheets in addition to statutory interim and annual reports will continue to be produced. Also weekly news briefings for European Markets, which are available on the Aberdeen website, in addition to monthly updates for certain strategies as well as ad hoc commentaries. Aberdeen sees the internet as an important medium for communication and has been building up its library of investment manager interviews, many of which are delivered to investors via electronic newsletters. Once databases are integrated, such services are expected to be rolled out to existing CS holders of funds to be transferred to Aberdeen.

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Page 1: Credit Suisse Equity Fund (Lux) Future Energy Aberdeen · Credit Suisse Equity Fund (Lux) Future Energy Aberdeen Questions and Answers June2009 What is the Fund Investment Policy

Credit Suisse Equity Fund (Lux) Future Energy Aberdeen

Questions and AnswersJune 2009

What is the Fund Investment Policy?The aim of the Fund is to achieve the highest possible capital growth by investingworldwide in companies offering products and services in the field of future-orientedenergy exploration, conversion and distribution.

Who will manage the fund after the 1st of July?As at July 1st 2009 the fund will be managed by the global equities team inconjunction with specialist assistance from regional equity desks. Aberdeen’sapproach is to run investments collectively and not assign funds to named individuals.Stephen Docherty, who joined Aberdeen in 1994, is Head of Global Equities.

How will the transition to new management be conducted?The fund management team is likely to undertake some re-alignment of portfolios basedon fundamental research which they undertake themselves. The team follow an equityinvestment process the core disciplines of which are emphasis on original companyresearch, the identification of businesses that they can understand and the eliminationof downside risks through price disciplines. It is not expected that transaction costs willexceed historic transaction cost parameters to any significant degree (if at all).

What kind of track record does the new management have?The team manages the Luxembourg-domiciled Aberdeen Global – World Equity Fund.The $750 million fund has a S&P A rating and is top quartile over one, three, five years.While Aberdeen does not currently have an Energy fund the team has experiencemanaging a sector fund.

Will the fund continue with the same strategic/performance/risk profile?Aberdeen is a traditional, bottom-up stockpicker. The approach is to investigatecompanies thoroughly before investing, with team members cross-coveringmanagement visits. Once a company is bought into, the aim is to hold it for the longterm, which means portfolio turnover is low and names do not change much.Aberdeen believes strongly in active management and does not use benchmarks forthe basis of portfolio construction. It follows that tracking error is disregarded as ameasure of risk, which is seen instead at the level of individual security selection.

Will the fund continue with the same asset class/regional focus?There are no immediate plans to change the asset class/regional focus of the fund.

What kind of investor service will be offered, i.e. reporting, manager access etc?Monthly factsheets in addition to statutory interim and annual reports will continue tobe produced. Also weekly news briefings for European Markets, which are availableon the Aberdeen website, in addition to monthly updates for certain strategies as wellas ad hoc commentaries. Aberdeen sees the internet as an important medium forcommunication and has been building up its library of investment manager interviews,many of which are delivered to investors via electronic newsletters. Once databasesare integrated, such services are expected to be rolled out to existing CS holders offunds to be transferred to Aberdeen.

Page 2: Credit Suisse Equity Fund (Lux) Future Energy Aberdeen · Credit Suisse Equity Fund (Lux) Future Energy Aberdeen Questions and Answers June2009 What is the Fund Investment Policy

Questions and Answers

The transfer of these Funds or the portfolio management of these funds to Aberdeen Asset Management PLC may be subject to regulatory, corporate andother legal approvals as required by applicable laws and regulations. Please note that minor changes could also occur to the list without further notification.

This document was produced by CREDIT SUISSE (hereafter “CS”) with the greatest of care and to the best of its knowledge and belief. However, CS provides no guaranteewith regard to its content and completeness and does not accept any liability for losses which might arise from making use of this information. The opinions expressed in thisdocument are those of CS at the time of writing and are subject to change at any time without notice. If nothing is indicated to the contrary, all figures are not audited. Thisdocument is provided for information purposes only and is for the exclusive use of the recipient. It does not constitute an offer or a recommendation to buy or sell financialinstruments or banking services and does not release the recipient from exercising his/her own judgment. The recipient is in particular recommended to check that the informationprovided is in line with his/her own circumstances with regard to any legal, regulatory, tax or other consequences, if necessary with the help of a professional advisor. Thisdocument may not be reproduced either in part or in full without the written permission of CS. It is expressly not intended for persons who, due to their nationality or place ofresidence, are not permitted access to such information under local law. Every investment involves risk, especially with regard to fluctuations in value and return. Investments inforeign currencies involve the additional risk that the foreign currency might lose value against the investor’s reference currency. Historical performance indications and financialmarket scenarios are no guarantee for current or future performance. Performance indications do not consider commissions levied at subscription and/or redemption.Furthermore, no guarantee can be given that the performance of the benchmark will be reached or outperformed. The investment funds mentioned in this publication and bearing“Lux” in their name are domiciled in Luxembourg and are in conformity with EU Directive 85/611/EEC of 20 December 1985, as amended, relating to undertakings for collectiveinvestment in transferable securities. Representative in Switzerland is CREDIT SUISSE ASSET MANAGEMENT FUNDS AG, Zurich. Paying agent in Switzerland is CREDITSUISSE, Zurich. Subscriptions are only valid on the basis of the current sales prospectus and the most recent annual report (or semi annual report, if the latter is more recent).The prospectus, the simplified prospectus, the management regulations and the annual and semi annual reports may be obtained free of charge from CREDIT SUISSE ASSETMANAGEMENT FUND SERVICE (LUXEMBOURG) S.A., Luxembourg, from CREDIT SUISSE ASSET MANAGEMENT FUNDS AG, Zurich, and from any bank in the CreditSuisse Group AG. Copyright © 2009 Credit Suisse Group AG and/or its affiliates. All rights reserved.

Standard & Poor’s (S&P) Fund Management Ratings: Details on the S&P Fund Management Rating process and methodology are available on www.funds.standardandpoors.com

CH/E/200906

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