Credit Suisse Multialternative Strategy Fund Class A Shares (CSQAX)
The fund's objective is to generally match the performance of the Credit Suisse Liquid Alternative Beta Index. This index aims to replicate the overall returns of the universe of hedge funds, as indicated by the Dow Jones Credit Suisse Hedge Fund Index, through liquid investments.
Fund Info
| ISIN | US22540S7945 |
|---|---|
| CUSIP | 22540S794 |
| Issuer | Credit Suisse Group AG |
| Inception Date | Mar 30, 2012 |
| Category | Multistrategy |
| Min. Investment | $2,500 |
| Index Tracked | Credit Suisse Liquid Alternative Beta Index |
| Asset Class | Alternatives |
Expense Ratio
CSQAX has a high expense ratio of 1.74%, indicating higher-than-average management fees.
Share Price Chart
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Popular comparisons: CSQAX vs. QUAL, CSQAX vs. RCTIX
Performance
Performance Chart
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.
Returns By Period
Credit Suisse Multialternative Strategy Fund Class A Shares had a return of 1.45% year-to-date (YTD) and 9.09% in the last 12 months. Over the past 10 years, Credit Suisse Multialternative Strategy Fund Class A Shares had an annualized return of 3.10%, while the S&P 500 had an annualized return of 10.71%, indicating that Credit Suisse Multialternative Strategy Fund Class A Shares did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 1.45% | 8.76% |
| 1 month | 0.11% | -0.28% |
| 6 months | 2.40% | 18.36% |
| 1 year | 9.09% | 25.94% |
| 5 years (annualized) | 4.84% | 12.51% |
| 10 years (annualized) | 3.10% | 10.71% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.89% | 0.90% | 2.23% | -1.31% | ||||||||
| 2023 | 1.46% | 1.99% | -0.04% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of CSQAX is 80, placing it in the top 20% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
CSQAX (Credit Suisse Multialternative Strategy Fund Class A Shares)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Credit Suisse Multialternative Strategy Fund Class A Shares (CSQAX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Credit Suisse Multialternative Strategy Fund Class A Shares granted a 2.69% dividend yield in the last twelve months. The annual payout for that period amounted to $0.25 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.25 | $0.25 | $0.23 | $0.80 | $1.16 | $0.44 | $0.17 | $0.53 | $0.19 | $0.02 | $0.27 | $0.33 |
Dividend yield | 2.69% | 2.73% | 2.59% | 9.06% | 13.23% | 4.77% | 1.84% | 5.27% | 1.87% | 0.24% | 2.65% | 3.20% |
Monthly Dividends
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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.25 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.23 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.80 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.16 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.44 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.17 |
| 2017 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.48 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.19 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.02 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.27 |
| 2013 | $0.33 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
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 1.09%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -8.37% | Jan 29, 2018 | 231 | Dec 27, 2018 | 325 | Apr 14, 2020 | 556 |
| -7.28% | Mar 7, 2023 | 54 | May 22, 2023 | 128 | Nov 22, 2023 | 182 |
| -6.4% | Apr 27, 2015 | 200 | Feb 9, 2016 | 257 | Feb 15, 2017 | 457 |
| -5.99% | Sep 17, 2021 | 114 | Mar 1, 2022 | 127 | Aug 31, 2022 | 241 |
| -5.91% | Apr 23, 2020 | 134 | Oct 30, 2020 | 46 | Jan 7, 2021 | 180 |
Volatility
Volatility Chart
The current Credit Suisse Multialternative Strategy Fund Class A Shares volatility is 1.51%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.