Investment Objective: Credit Suisse Nova (Lux) CS GAINSSM Commodity Plus IBH CHF |
The investment objective of the Subfund is to obtain the highest possible capital appreciation by investing in the commodity markets using a proprietary weighting methodology as used by "Credit Suisse ‐ GAINS ‐ Glencore Active Index Strategy" (CS GAINSSM). By applying the methodology as used by CS GAINSSM, commodities are weighted according to the votes of trading units at Glencore International AG and its affiliates (“Glencore”). More specifically by applying the methodology, Credit Suisse converts monthly votes obtained through a survey of each of the Glencore trading businesses into over or underweight positions of the respective commodity. In an extreme scenario, this may result in a well diversified portfolio composed of liquid assets only. The relevant experts from the individual commodity trading units at Glencore supply their votes for each commodity independently. |