Credit Suisse Multialternative Strategy Fund Class A Shares (CSQAX)

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The chart shows the growth of an initial investment of $10,000 in Credit Suisse Multialternative Strategy Fund Class A Shares, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

Credit Suisse Multialternative Strategy Fund Class A Shares (CSQAX) has returned 0.95% so far this year and -1.45% over the past 12 months. Over the last ten years, CSQAX has returned 3.09% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Mar 30, 2012, CSQAX's average daily return is +0.01%, while the average monthly return is +0.24%. At this rate, your investment would double in approximately 24.1 years.

Historically, 56% of months were positive and 44% were negative. The best month was Mar 2020 with a return of +6.2%, while the worst month was Mar 2026 at -4.7%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 5 months.

On a daily basis, CSQAX closed higher 45% of trading days. The best single day was Mar 2, 2022 with a return of +2.0%, while the worst single day was Mar 15, 2023 at -2.2%.

Credit Suisse Multialternative Strategy Fund Class A Shares has an annualized alpha of 1.28%, beta of 0.13, and R² of 0.15 versus S&P 500 Index. Calculated based on daily prices since April 02, 2012.

• This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (13.22%) than losses (10.01%) — typical of diversified or defensive assets.
• Beta of 0.13 may look defensive, but with R² of 0.15 this fund is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
• R² of 0.15 means this fund moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

CSQAX has a high expense ratio of 1.74%, indicating above-average management fees.

CSQAX ranks 3 for risk / return — in the bottom 3% of mutual funds on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.

The table below present risk-adjusted performance metrics for Credit Suisse Multialternative Strategy Fund Class A Shares (CSQAX) and compare them to a chosen benchmark (S&P 500 Index).

Credit Suisse Multialternative Strategy Fund Class A Shares provided a 1.08% dividend yield over the last twelve months, with an annual payout of $0.09 per share.

The table displays the monthly dividend distributions for Credit Suisse Multialternative Strategy Fund Class A Shares. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Credit Suisse Multialternative Strategy Fund Class A Shares. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Credit Suisse Multialternative Strategy Fund Class A Shares was 8.37%, occurring on Dec 27, 2018. Recovery took 325 trading sessions.

The current Credit Suisse Multialternative Strategy Fund Class A Shares drawdown is 4.69%.

The chart below shows the rolling one-month volatility.