News
Update on subfunds of Credit Suisse Virtuoso SICAV-SIF
Payment of proceeds from the compulsory redemption from SCF Funds¹ during their winding down to holders of side pocket shares.
11. November 2022
As communicated on March 31, 2021, the Board of Directors of the Umbrella “Credit Suisse Virtuoso SICAV-SIF” decided to create side pockets for each of the following funds:
- Credit Suisse (Lux) Multi Strategy Bond Fund
- Credit Suisse (Lux) Multi Strategy Alternative Fund
- Credit Suisse (Lux) Qatar Enhanced Short Duration Fund
- Credit Suisse (Lux) Institutional Target Volatility Fund EUR
A final cash payment from the side pocket of the Credit Suisse (Lux) Qatar Enhanced Short Duration Fund to the accounts of affected clients will be made with value date November 15, 2022, as follows:
Affected fund and share class
| Fund name |
Side pocket share class |
Proceeds per share | |
| ISIN |
|||
| Credit Suisse (Lux) Qatar Enhanced Short Duration Fund | USD SP | LU2319534421 |
USD 163.9465 |
1 “SCF Funds” refers to the Credit Suisse Supply Chain Finance Funds. Please visit the links in “Further information about the SCF Funds” below for more details.
Final payment to holders of side pocket shares of the Credit Suisse (Lux) Qatar Enhanced Short Duration Fund
This will be the final payment from the side pocket of the Credit Suisse (Lux) Qatar Enhanced Short Duration Fund to its shareholders. Upon final distribution from the side pocket, the related SP Shares of the Credit Suisse (Lux) Qatar Enhanced Short Duration Fund will be redeemed and cancelled.
The side pockets of the other three funds mentioned above remain activated. The remaining proceeds from the compulsory redemption of the SCF Funds will be paid as soon as practicable in one or more instalments thereafter.
Key dates
| Notice to shareholders |
November 11, 2022 |
| Value date |
November 15, 2022 |
Further information about the SCF Funds
| Q&A |
EN |