News
Update on Credit Suisse Supply Chain Finance Funds
March 3, 2021
News
March 3, 2021
Credit Suisse Asset Management’s fiduciary responsibility is to act in the best interests of investors in its funds. Since a certain part of the funds’ assets is currently subject to considerable uncertainty with respect to their valuation, the Board of Directors of the funds sponsored and managed by Credit Suisse Asset Management has decided to suspend the calculation of the net asset value per share and the issuance, redemption, and conversion of shares from or into the funds in order to prevent any detriment to the funds and their investors. In this way can fair treatment of all investors in the funds be ensured.
Since their inception, all of the Credit Suisse Supply Chain Finance Funds have demonstrated stable and strong performance figures, weathering the recent adverse market conditions caused by the COVID-19 crisis very well.
Affected funds
Credit Suisse (Lux) Supply Chain Finance Fund |
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Credit Suisse Nova (Lux) Supply Chain Finance High Income Fund |
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Credit Suisse Nova (Lux) Supply Chain Finance Investment Grade Fund |
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Credit Suisse Supply Chain Finance Investment Grade |
Further information