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Credit Suisse Equity Fund (Lux)
Investment fund under Luxembourg law
Simplified Prospectus
May 2010
This Simplified Prospectus contains a summary of the key information on Credit Suisse Equity Fund (Lux) (the “Fund”). Potential investors
should consult the complete Sales Prospectus. Details on the Fund’s assets can be found in the current annual and semi-annual reports.
The rights and obligations of the Unitholders and the legal relationship to the Fund are set out in the complete Sales Prospectus. The
complete Sales Prospectus, copies of the Management Regulations and the annual and semi-annual reports can be obtained free of
charge from the Management Company, the Fund’s representative in Switzerland and the selling agents, or on the internet at www.credit-
suisse.com.
Investment Objective indices must be sufficiently diversified. Investments in certificates, together
The primary objective of each Subfund is to achieve the highest possible with convertible and warrant bonds and equity-linked notes, may not
return in the respective reference currency, while taking due account of exceed 25% of the net assets of a Subfund.
the principle of risk diversification, security of the capital invested and
liquidity of the Fund’s assets. Use of Derivatives
In addition to direct forms of investment, all Subfunds may, subject to the
Investment Policy investment restrictions described in the complete Sales Prospectus,
In principle, at least two-thirds of the Subfund’s assets shall be invested in engage in futures and options transactions and invest in warrants for the
equities and equity-type securities (participation certificates, dividend right purpose of hedging and with a view to the efficient management of the
certificates, etc.), subject to the investment policy and investment portfolio. On no account may the Subfunds, when engaging in these
restrictions set out in the complete Sales Prospectus. transactions, diverge from their investment principles as specified in this
Furthermore, each Subfund may invest up to one third of its assets in Prospectus.
equities and equity-type securities which do not meet the requirements of
its specific investment policy. For the purpose of efficient portfolio Liquid Assets
management, the Fund may avail itself of the techniques and instruments The Subfunds may in addition hold ancillary liquid assets in the form of
used for securities investment. sight and time deposits with first-class financial institutions and money-
Each Subfund shall pursue an independent investment policy, as set out market instruments which do not qualify as transferable securities and
below. have a term to maturity not exceeding 12 months, in any convertible
The Subfunds Credit Suisse Equity Fund (Lux) European Property, Credit currency. Unless specified otherwise in the investment policy of a
Suisse Equity Fund (Lux) Italy, Credit Suisse Equity Fund (Lux) Style Subfund, such liquid assets, together with debt instruments which
Invest Europe, Credit Suisse Equity Fund (Lux) Dividend Europe generate interest income within the meaning of EU directive
Aberdeen, Credit Suisse Equity Fund (Lux) Small and Mid Cap Europe and 2003/48/EC, may not exceed 40% of any Subfund’s net assets.
Credit Suisse Equity Fund (Lux) Small and Mid Cap Germany invest at Moreover, each Subfund may, on an ancillary basis, hold units in
least 75% of their net assets in equities and equity-type paper of undertakings for collective investment in securities (UCITS) admitted in
companies which (i) have their registered office in an EU Member State or accordance with Directive 85/611 EEC which in turn invest in short-term
in another country which, as a signatory to the Agreement on the time deposits and money market instruments and whose returns are
European Economic Area, has signed an agreement with France on comparable to those for direct investments in time deposits and money
administrative assistance to combat tax fraud and tax evasion, and (ii) is market instruments. These investments, together with any investments in
subject to taxation equivalent to French corporation tax. UCITS and/or other undertakings for collective investment (UCI), must not
exceed 10% of the net assets of a Subfund.
Investments in Convertible and Warrant Bonds
All Subfunds may invest up to 15% of their net assets, irrespective of Securities Lending
currency and regardless of the issuer’s country of origin, in convertible and Subject to the investment restrictions set out in the complete Sales
warrant bonds, providing the associated rights confer entitlement to the Prospectus, a Subfund may from time to time engage in securities lending
subscription of shares in companies in which the Subfund is permitted to transactions.
invest under the terms of its respective investment policy.
General Investment Suitability
Equity-Linked Notes As the investments are focused on equities – which can be subject to wide
Furthermore, the Subfunds may invest in listed and equity-linked notes, fluctuations in value – investors should have a medium to long investment
providing the underlying equities relate to companies permitted under the horizon.
terms of the Subfund’s respective investment policy. Investments in Since the Subfunds invest in a variety of sectors and in a large number of
equity-linked notes, together with convertible and warrant bonds, may not companies operating in a specific country or economic region, investors
exceed 15% of the net assets of a Subfund. The equities underlying such avoid the risks entailed by direct individual investments.
notes are taken into account when applying the 10% restriction pursuant
to Chapter 6, section 4a), “Investment Restrictions” in the complete Sales Risk Profile
Prospectus. All Subfunds are highly dynamic and may exhibit above-average potential
growth and investment performance, depending on the economic
Structured Products (Certificates) environment. The opportunities for above-average growth may in some
In addition, the Subfunds may invest up to 15% of their net assets in circumstances lead to very positive but also to very negative price
structured products on equity baskets and equity indices (certificates) that fluctuations for the Subfunds.
are sufficiently liquid and issued by first-class banks. These structured
products must be instruments that are settled in cash and comply with Reference Currency
Art. 41 of the Law of 20 December 2002. Furthermore, these structured The reference currency is the currency in which the performance and the
products must be valued regularly and transparently at the last price Net Asset Value of the Subfund is calculated. The reference currencies of
quoted on the exchange or, if this price does not reflect the current market the individual Subfunds are specified below in the Summary of Unit
value, at the purchase price set by an independent market maker. Classes.
Structured products must not entail any leverage effect. As well as
satisfying the regulations on risk spreading, the equity baskets and equity
www.credit-suisse.com
Credit Suisse Equity Fund (Lux) Simplified Prospectus
Subfunds (sum 1 – sum 2)
At present, Units in the following Subfunds are available: PTR = ×100
average net fund assets in RC*
− Credit Suisse Equity Fund (Lux) Brazil
* RC = units of the subfund’s reference currency
− Credit Suisse Equity Fund (Lux) Convergence Europe Aberdeen
− Credit Suisse Equity Fund (Lux) Dividend Europe Aberdeen
Sum 1= sum of securities transactions = X + Y
− Credit Suisse Equity Fund (Lux) Eastern Europe Aberdeen
Securities purchases in RC = X
− Credit Suisse Equity Fund (Lux) European Property
Securities sales in RC = Y
− Credit Suisse Equity Fund (Lux) Future Energy Aberdeen
− Credit Suisse Equity Fund (Lux) Global Prestige Sum 2 in RC = sum of fund unit transactions = S + T
− Credit Suisse Equity Fund (Lux) Global Resources Aberdeen Issuance of fund units in RC = S
− Credit Suisse Equity Fund (Lux) Global Security Redemption of fund units in RC = T
− Credit Suisse Equity Fund (Lux) Global Value
− Credit Suisse Equity Fund (Lux) Infrastructure Aberdeen Taxes
− Credit Suisse Equity Fund (Lux) Italy The Fund’s assets are subject to a tax (“taxe d’abonnement”) in the Grand
− Credit Suisse Equity Fund (Lux) Latin America Aberdeen Duchy of Luxembourg of 0.05% p.a. In the case of Class “D” Units, the
taxe d’abonnement is, by way of exception, only 0.01% p.a. The Fund’s
− Credit Suisse Equity Fund (Lux) Russia Explorer Aberdeen
income is not taxable in Luxembourg. With the entry into force of the
− Credit Suisse Equity Fund (Lux) Small and Mid Cap Europe
Luxembourg Law of June 21, 2005, European Council Directive
− Credit Suisse Equity Fund (Lux) Small and Mid Cap Germany 2003/48/EC on the taxation of savings income in the form of interest
− Credit Suisse Equity Fund (Lux) Small Cap USA payments has been subsumed into Luxembourg law with effect from 1
− Credit Suisse Equity Fund (Lux) Style Invest Europe July 2005. In accordance with this Directive, withholding tax is payable on
− Credit Suisse Equity Fund (Lux) USA interest income which – pursuant to said directive – accrues from
− Credit Suisse Equity Fund (Lux) USA Value distributions or from the transfer, exchange or redemption of Units of a
The specific features of the investment policies of the individual Subfunds Subfund and is directly credited by a paying agent to a beneficial owner
are set out below. who is a natural person resident in another EU member state. The above
shall only apply, however, if the investments of the Subfund which
Risk Information generate interest income as defined in European Council Directive
The value of the investments and the resulting income may rise or fall and 2003/48/EC exceed 15% of the Subfund's total net assets in the case
cannot be guaranteed. There is no assurance that the investment objective of a distribution or 40% of total net assets in the case of the transfer,
of a particular Subfund will actually be achieved or that any appreciation in exchange or redemption of distribution or capital growth Units. The tax
the value of the assets will occur. When redeeming Units, it is possible consequences will vary for each investor in accordance with the laws and
that the investor will not recoup the amount originally invested in the Fund. practices currently in force in a Unitholder’s country of citizenship,
While the judicious use of derivatives can be beneficial, derivatives also residence or temporary domicile, and in accordance with his or her
involve specific risks. These risks relate specifically to market risk, personal circumstances.
management risk, credit risk, liquidity risk, the risk of mispricing or
improper valuation of derivatives and the risk that derivatives may not Net Asset Value
correlate perfectly with underlying assets, interest rates and indices. For The Net Asset Value of the Units is determined by the Management
further details, please consult the complete Sales Prospectus. Company on each Banking Day in Luxembourg.
Appropriation of Income Publication of Prices
Capital-growth Units The Net Asset Value is published daily on the internet at www.credit-
At present, no distribution is envisaged for each Class of capital-growth suisse.com and in various newspapers.
Units (classes “B”, “D”, “F”, “I”, “R” and “S”) and the income generated
shall be used to increase the Net Asset Value of the Units (capital Subscribing, Redeeming and Converting Units
growth), after deduction of general costs. Units may be subscribed, redeemed or converted on any Banking Day in
Distribution Units Luxembourg until 3 p.m. respectively by 1 p.m. for subscription
It is currently anticipated that the only distribution Units shall be Class "A" applications for Units of the Subfunds Credit Suisse Equity Fund (Lux)
and "N" Units. Other distribution-type classes of Units may be issued in Small Cap USA and Credit Suisse Equity Fund (Lux) USA at the Central
the future. Administrator or at a Selling Agent authorized by the Management
Company to accept applications to subscribe, redeem or convert Units.
Expenses The Net Asset Value per Unit calculated for the appropriate Class of the
Charges to be borne by the Unitholder Subfund shall be that applicable on the Valuation Day immediately
The maximum sales charge for all Classes of Units is specified in the following the Banking Day in question, plus the applicable sales charge
“Summary of Unit Classes” below. No redemption fees are charged. and any taxes. Purchases of Units in the Subfund Credit Suisse Equity
Fund (Lux) Infrastructure Aberdeen are an exceptional case. The Units of
Charges to be debited to the Fund’s assets this Subfund may also be purchased on any Banking Day at the Net Asset
The maximum management fee and the total costs to be borne by each Value per Unit of the relevant Unit Class of the Subfund, but such Net
Subfund for each Unit Class on an annual basis (Total Expense Ratio – Asset Value is calculated on the Valuation Day two days after such
TER) are set out in the Summary of Unit Classes below. The TER Banking Day, plus the applicable sales charge and any taxes. The fee
comprises the management fee, the Custodian Bank’s fee, the taxe charged for such conversions shall not exceed half the initial issue charge
d’abonnement and all other expenses as listed in the complete Sales of the Class into which Units are converted. The minimum holdings of
Prospectus (transaction costs are not included) and is calculated Units are set out in the Summary of Unit Classes below.
according to the following formula:
Additional Information
TER % = total operating expenses in AU divided by average SA in RC × 100 The Fund is an unincorporated open-ended undertaking for collective
Explanation: RC = reference currency of Subfund investment in securities (“FCP”) and is admitted in accordance with the
SA = subfund assets first part of the law dated December 20, 2002. The Fund was established
in Luxembourg on September 6, 1993 for an indefinite period. The
The Portfolio Turnover Rate (PTR) is calculated using the following accounting year of the Fund closes on March 31 of each year.
formula: The latest version of the Sales Prospectus was made available in
May 2010.
www.credit-suisse.com 2
Credit Suisse Equity Fund (Lux) Simplified Prospectus
Promoter
Credit Suisse Group AG Information to Unitholders in Switzerland
All notices to Unitholders shall be published at least in the
Management Company “Schweizerisches Handelsamtsblatt” and on the electronic platform
Credit Suisse Equity Fund Management Company, “swissfunddata.ch”. Prices shall be published daily on the electronic
5, rue Jean Monnet, L-2180 Luxembourg platform “swissfunddata.ch as a minimum. The Management Company
may also place announcements in other newspapers and periodicals of its
Central Administration choice.
Credit Suisse Asset Management Fund Service (Luxembourg) S.A.,
5, rue Jean Monnet, L-2180 Luxembourg Distribution of units in Germany
Deutsche Bank AG, Junghofstrasse 5–9, D-60311 Frankfurt am Main, is
Custodian Bank the Paying Agent for the Fund in Germany.
Credit Suisse (Luxembourg) S.A., 56, Grand’rue, L-1660 Luxembourg Applications for the redemption and conversion of Units may be lodged
with the Paying Agent.
Independent Statutory Auditor to the Fund All payments which are intended for Unitholders (including proceeds of the
KPMG Audit S.à r.l., 31, allée Scheffer, L-2520 Luxembourg redemption of Units and any distributions) may be channelled, at their
request, via the Paying Agent and/or paid out by the Paying Agent in cash
Supervisory Authority in euros.
Commission de Surveillance du Secteur Financier (www.cssf.lu) The Paying Agent is also the Information Agent for the Fund in Germany.
Any correspondence with the Paying and Information Agent in Germany
Distributors, Paying and Information Agents should be directed to Deutsche Bank AG, TSS Global Equity Services,
Selling Agents Post IPO Services.
– Credit Suisse Asset Management Fund Service (Luxembourg) S.A., Credit Suisse (Deutschland) AG, Junghofstrasse 16, D-60311 Frankfurt
5, rue Jean Monnet, L-2180 Luxembourg am Main, is an additional Information Agent (individually and collectively
– Credit Suisse AG, Paradeplatz 8, CH-8001 Zurich referred to as “Information Agent”) for the Fund in Germany.
– Aberdeen International Fund Managers Limited, RM 2605–06, 26/F Investors may obtain copies of the Sales Prospectus, Simplified
Alexandra House, 18 Chater Road, Central, Hong Kong is Selling Prospectus, Management Regulations, audited annual report and
Agent for those subfunds for which it has been appointed as unaudited semi-annual report, together with the issue, redemption and
Investment Adviser. conversion prices, free of charge from the Information Agent.
In addition, the Management Company’s Articles of Incorporation are
Representative in Switzerland available for inspection at the Information Agent.
Credit Suisse Asset Management Funds AG, Sihlcity – Kalandergasse 4, Any notices to Unitholders and pricing announcements shall be published
CH-8070 Zurich in the “Börsen-Zeitung” as a minimum. The Management Company may
also place announcements in other newspapers and periodicals of its
Paying Agent in Switzerland choice.
Credit Suisse AG, Paradeplatz 8, CH-8001 Zurich Special risks arising from new taxation-related disclosure obligations in
Germany:
Main Correspondent Bank in France The Management Company is required, if requested, to supply the
BNP Paribas Securities Services, 3, rue d’Antin, F-75002 Paris Cedex 08 German tax authorities with evidence demonstrating, for example, the
correctness of the declared basis for taxation. The calculation of this basis
Paying and Information Agent in Germany may be interpreted in different ways, and it is not possible to guarantee
Deutsche Bank AG, Junghofstrasse 5-9, D-60311 Frankfurt am Main that the German tax authorities will accept the Management Company’s
Mailing address: Deutsche Bank AG, TSS Global Equity Services, Post IPO Services.
calculation method in every significant respect. Moreover, investors must
be aware that, in the event that past errors come to light, corrections may
Other Information Agent in the Federal Republic of Germany
not be generally made with retroactive effect but in principle are only
Credit Suisse (Deutschland) AG, Junghofstrasse 16,
applied to the current financial year. Consequently, such corrections may
D-60311 Frankfurt am Main
adversely affect or benefit those investors who receive a distribution or to
whom capital growth accrues in the current financial year.
Paying Agent in Liechtenstein
LGT Bank in Liechtenstein Aktiengesellschaft, Herrengasse 12,
FL-9490 Vaduz
Paying Agent in Austria
UniCredit Bank Austria AG, Schottengasse 6–8, A-1010 Wien
www.credit-suisse.com 3
Credit Suisse Equity Fund (Lux) Simplified Prospectus
Summary of Unit Classes
Subfund Unit Class Currency Minimum Maximum Maximum TER 3) PTR (3)
(reference currency) holding sales management
charge fee (p.a.) (2)
Credit Suisse Equity Fund (Lux) “B” USD n/a 5.00% 1.92% 2.27%
Brazil “D” USD 10 Units n/a n/a n/a
(USD)
“F” (8) USD 10 Units n/a 0.50% n/a
“I” USD USD 3,000,000 3.00% 1.00% n/a
263.12%
“N” (7) JPY n/a n/a 0.65% 0.95%
“R” (5) (5)
n/a 5.00% 1.92% n/a
(8)
“S” EUR EUR 3,000,000 3.00% 1.00% n/a
“S” (8) CHF CHF 5,000,000 3.00% 1.00% n/a
Credit Suisse Equity Fund (Lux) “B” (1) EUR n/a 5.00% 1.92% 2.13%
Convergence Europe Aberdeen “D” (4) EUR 10 Units n/a n/a n/a
(EUR)
“I” EUR EUR 3,000,000 3.00% 1.00% n/a
110.59%
“R” (5) (5)
n/a 5.00% 1.92% n/a
“S” (6) CHF CHF 5,000,000 3.00% 1.00% n/a
“S” (6) USD USD 3,000,000 3.00% 1.00% n/a
Credit Suisse Equity Fund (Lux) “A” (1) EUR n/a 5.00% 1.92% 2.14%
Dividend Europe Aberdeen “B” (1) EUR n/a 5.00% 1.92% 2.14%
(EUR)
“D” (4) EUR 10 Units n/a n/a n/a
“I”(1) EUR EUR 3,000,000 3.00% 0.70% 0.92%
“R” (5) (5)
n/a 5.00% 1.92% n/a 199.46%
“R” (1), (5) CHF n/a 5.00% 1.92% 2.14%
“R” (1), (5) USD n/a 5.00% 1.92% 2.14%
“S” (6) CHF CHF 5,000,000 3.00% 0.70% n/a
“S” (6) USD USD 3,000,000 3.00% 0.70% n/a
Credit Suisse Equity Fund (Lux) “B” (1) EUR n/a 5.00% 1.92% 2.15%
Eastern Europe Aberdeen “D” (4) EUR 10 Units n/a n/a n/a
(EUR)
“I” (1) EUR EUR 3,000,000 3.00% 1.00% 1.23% 77.03%
“R” (5) (5)
n/a 5.00% 1.92% n/a
“S” (6) CHF CHF 5,000,000 3.00% 1.00% n/a
(6)
“S” USD USD 3,000,000 3.00% 1.00% n/a
Credit Suisse Equity Fund (Lux) “B” (1) EUR n/a 5.00% 1.92% 2.15%
European Property “D” (4) EUR 10 Units n/a n/a n/a
(EUR)
“F” (8) EUR 10 Units n/a 0.50% n/a
“I” (1) EUR EUR 3,000,000 3.00% 0.90% 1.13% 195.45%
(5) (5)
“R” n/a 5.00% 1.92% n/a
“S” (6) CHF CHF 5,000,000 3.00% 0.90% n/a
“S” (6) USD USD 3,000,000 3.00% 0.90% n/a
Credit Suisse Equity Fund (Lux) “B”(1) EUR n/a 5.00% 1.92% 2.15%
Future Energy Aberdeen “D” (4) EUR 10 Units n/a n/a n/a
(EUR)
“I” EUR EUR 3,000,000 3.00% 0.90% n/a
“R” (5) (5)
n/a 5.00% 1.92% n/a
20.58%
“R” (1), (5) USD n/a 5.00% 1.92% 2.16%
“R” (1), (5) CHF n/a 5.00% 1.92% 2.16%
“S” (6) CHF CHF 5,000,000 3.00% 0.90% n/a
“S” (6) USD USD 3,000,000 3.00% 0.90% n/a
Credit Suisse Equity Fund (Lux) “B” (1) EUR n/a 5.00% 1.92% 2.11%
Global Prestige “D” (4) EUR 10 Units n/a n/a n/a
(EUR)
“F” (8) EUR 10 Units n/a 0.50% n/a
“I” EUR EUR 3,000,000 3.00% 0.90% n/a
37.34%
(5) (5)
“R” n/a 5.00% 1.92% n/a
“R” (1), (5) USD n/a 5.00% 1.92% 2.11%
“S” (6) CHF CHF 5,000,000 3.00% 0.90% n/a
“S” (6) USD USD 3,000,000 3.00% 0.90% n/a
www.credit-suisse.com 4
Credit Suisse Equity Fund (Lux) Simplified Prospectus
Subfund Unit Class Currency Minimum Maximum Maximum TER 3) PTR (3)
(reference currency) holding sales management
charge fee (p.a.) (2)
Credit Suisse Equity Fund (Lux) “B” (1) USD n/a 5.00% 1.92% 2.15%
Global Resources Aberdeen “D” (4) USD 10 Units n/a n/a n/a
(USD)
“I” (1) USD USD 3,000,000 3.00% 0.90% 1.13%
“R” (5) (5)
n/a 5.00% 1.92% n/a 134.63%
(1), (5)
“R” EUR n/a 5.00% 1.92% 2.16%
“S” (6) EUR EUR 3,000,000 3.00% 0.90% n/a
“S” (6) CHF CHF 5,000,000 3.00% 0.90% n/a
Credit Suisse Equity Fund (Lux) “B” (1) USD n/a 5.00% 1.92% 2.17%
Global Security “D” USD 10 Units n/a n/a n/a
(USD)
“F” (8) USD 10 Units n/a 0.50% n/a
“I” USD USD 3,000,000 3.00% 0.90% n/a
“R” (5) (5)
n/a 5.00% 1.92% n/a -3.97%
(1), (5)
“R” CHF n/a 5.00% 1.92% 2.16%
“R” (1), (5) EUR n/a 5.00% 1.92% 2.17%
“S” (6) EUR EUR 3,000,000 3.00% 0.90% n/a
“S” (6) CHF CHF 5,000,000 3.00% 0.90% n/a
Credit Suisse Equity Fund (Lux) “B” (1) EUR n/a 5.00% 1.92% 2.15%
Global Value “D” (4) EUR 10 Units n/a n/a n/a
(EUR)
“F” (8) EUR 10 Units n/a 0.50% n/a
“I”(1) EUR EUR 3,000,000 3.00% 0.90% 1.13%
“R” (5) (5)
n/a 5.00% 1.92% n/a -16.32%
(1), (5)
“R” CHF n/a 5.00% 1.92% 2.15%
“R” (1), (5) USD n/a 5.00% 1.92% 2.16%
“S” (6) CHF CHF 5,000,000 3.00% 0.90% n/a
“S” (6) USD USD 3,000,000 3.00% 0.90% n/a
Credit Suisse Equity Fund (Lux) “B” (1) USD n/a 5.00% 1.92% 2.20%
Infrastructure Aberdeen “D” (4) USD 10 Units n/a n/a n/a
(USD)
“I” (1) USD USD 3,000,000 3.00% 1.00% 1.28%
“N” (1) (7) JPY n/a n/a 0.52% 0.76%
“R” (5) (5)
n/a 5.00% 1.92% n/a 191.02%
(1), (5)
“R” EUR n/a 5.00% 1.92% 2.21%
“R” (1) (5) CHF n/a 5.00% 1.92% 2.20%
“S” (6) EUR EUR 3,000,000 3.00% 1.00% 1.29%
“S” (6) CHF CHF 5,000,000 3.00% 1.00% n/a
Credit Suisse Equity Fund (Lux) “B” (1) EUR n/a 5.00% 1.92% 2.16%
Italy “D” (4) EUR 10 Units n/a n/a n/a
(EUR)
“F” (8) EUR 10 Units n/a 0.50% n/a
“I” (1) EUR EUR 3,000,000 3.00% 0.70% 0.94% 257.40%
“R” (5) (5)
n/a 5.00% 1.92% n/a
“S” (6) CHF CHF 5,000,000 3.00% 0.70% n/a
(6)
“S” USD USD 3,000,000 3.00% 0.70% n/a
Credit Suisse Equity Fund (Lux) “B” (1) USD n/a 5.00% 1.92% 2.16%
Latin America Aberdeen “D” (4) USD 10 Units n/a n/a n/a
(USD)
“I” (1) USD USD 3,000,000 3.00% 1.00% 1.24%
85.23%
“R” (5) (5)
n/a 5.00% 1.92% n/a
“S” (6) EUR EUR 3,000,000 3.00% 1.00% n/a
“S” (6) CHF CHF 5,000,000 3.00% 1.00% n/a
Credit Suisse Equity Fund (Lux) “B” (1) EUR n/a 5.00% 1.92% 2.20%
Russia Explorer Aberdeen “D” (4) EUR 10 Units n/a n/a n/a
(EUR)
“I” (1) EUR EUR 3,000,000 3.00% 1.00% 1.27%
-17.62%
“R” (5) (5)
n/a 5.00% 1.92% n/a
“S” (6) CHF CHF 5,000,000 3.00% 1.00% n/a
“S” (6) USD USD 3,000,000 3.00% 1.00% n/a
www.credit-suisse.com 5
Credit Suisse Equity Fund (Lux) Simplified Prospectus
Subfund Unit Class Currency Minimum Maximum Maximum TER 3) PTR (3)
(reference currency) holding sales management
charge fee (p.a.) (2)
Credit Suisse Equity Fund (Lux) “B” (1) EUR n/a 5.00% 1.92% 2.15%
Small and Mid Cap Europe “D” (4) EUR 10 Units n/a n/a n/a
(EUR)
“F” (8) EUR 10 Units n/a 0.50% n/a
“I” (1) EUR EUR 3,000,000 3.00% 0.90% n/a 661.50%
(5) (5)
“R” n/a 5.00% 1.92% n/a
“S” (6) CHF CHF 5,000,000 3.00% 0.90% n/a
“S” (6) USD USD 3,000,000 3.00% 0.90% n/a
Credit Suisse Equity Fund (Lux) “B” (1) EUR n/a 5.00% 1.92% 2.12%
Small and Mid Cap Germany “D” (4) EUR 10 Units n/a n/a n/a
(EUR)
“F” (8) EUR 10 Units n/a 0.50% n/a
“I” (1) EUR EUR 3,000,000 3.00% 0.90% 1.11% 123.40%
“R” (5) (5)
n/a 5.00% 1.92% n/a
“S” (6) CHF CHF 5,000,000 3.00% 0.90% n/a
“S” (6) USD USD 3,000,000 3.00% 0.90% n/a
(1)
Credit Suisse Equity Fund (Lux) “B” USD n/a 5.00% 1.92% 1.59%
Small Cap USA “D” (4) USD 10 Units n/a n/a n/a
(USD)
“F” (8) USD 10 Units n/a 0.50% n/a
“I” USD USD 3,000,000 3.00% 0.90% n/a
295.64%
“R” (5) (5)
n/a 5.00% 1.92% n/a
“R” (1) (5) EUR n/a 5.00% 1.92% 1.59%
“S” (6) EUR EUR 3,000,000 3.00% 0.90% n/a
“S” (6) CHF CHF 5,000,000 3.00% 0.90% n/a
Credit Suisse Equity Fund (Lux) “B” (1) EUR n/a 5.00% 1.92% 2.15%
Style Invest Europe “D” (4) EUR 10 Units n/a n/a n/a
(EUR) (8)
“F” EUR 10 Units n/a 0.50% n/a
“I” (1) EUR EUR 3,000,000 3.00% 0.90% 1.13% 138.01%
(5) (5)
“R” n/a 5.00% 1.92% n/a
“S” (6) CHF CHF 5,000,000 3.00% 0.90% n/a
“S” (6) USD USD 3,000,000 3.00% 0.90% n/a
Credit Suisse Equity Fund (Lux) “B” (1) USD n/a 5.00% 1.92% 1.54%
USA “D” (1), (4) USD 10 Units n/a n/a 0.06%
(USD)
“F” (8) USD 10 Units n/a 0.50% n/a
“I” (1) USD USD 3,000,000 3.00% 0.70% 0.94%
577.87%
“R” (5) (5)
n/a 5.00% 1.92% n/a
“R” (1), (5) EUR n/a 5.00% 1.92% 1.45%
“S” (6) EUR EUR 3,000,000 3.00% 0.70% n/a
“S” (6) CHF CHF 5,000,000 3.00% 0.70% n/a
Credit Suisse Equity Fund (Lux) “B” (1) USD n/a 5.00% 1.92% 2.15%
USA Value “D” (4) USD 10 Units n/a n/a n/a
(USD)
“F” (8) USD 10 Units n/a 0.50% n/a
“I” (1) USD USD 3,000,000 3.00% 0.90% 1.13% -12.36%
“R” (5) (5)
n/a 5.00% 1.92% n/a
“S” (6) EUR EUR 3,000,000 3.00% 0.90% n/a
“S” (6) CHF CHF 5,000,000 3.00% 0.90% n/a
(1) These Unit Classes had been issued at the time this version of the Simplified Prospectus was published. Investors must check with the Central
Administration as to whether further Unit Classes have been issued in the interim period before submitting their purchase application.
(2) The management fee actually charged is published in the corresponding annual/semi-annual report. The fees payable to the Central Administration
are included in the management fee. In the case of Class “D” Units, this fee is a minimum of 0.03% p.a. and a maximum of 0.10% p.a.
(3) The information refers to the period from October 1, 2008 to September 30, 2009. No information is available for those Unit Classes which had
not yet been issued, or which had been issued for less than a year, at the time this version of the Simplified Prospectus was produced. The
maximum Custodian Bank fee is 0.05% p.a.
(4) Class “D” Units may only be acquired by investors who have concluded a discretionary asset management agreement with a Business Unit of
Credit Suisse Asset Management. However, subject to the prior consent of the Management Company, Class “D” Units may also be purchased by
institutional investors which have concluded an advisory agreement with a Business Unit of Credit Suisse Asset Management.
(5) Currently Unit Class R may be issued in: CHF, EUR, USD, PLN, CZK and HUF. The Management Company may decide on the issue of Unit
Class R in any additional freely convertible currencies as well as on their Initial Offering price at any time. Investors have to check with the sites
mentioned in Chapter 13 of the complete Sales Prospectus, (registered office of the Management Company, Paying Agents, Information Agents
www.credit-suisse.com 6
Credit Suisse Equity Fund (Lux) Simplified Prospectus
and Selling Agents), if Units of Class R have been issued in additional currencies in the meantime before submitting a purchase application. With
Unit Class “R”, the risk of an overall depreciation of the Subfund’s reference currency against the alternate currency of the Unit Class is reduced
significantly by hedging the Net Asset Value of the respective Unit Class “R” – calculated in the Subfund’s reference currency – against the
respective alternate currency to the currency of Unit Class “R” by means of forward foreign exchange transactions.
The Net Asset Value of the Units of these alternate currency classes does not develop in the same way as that of the Unit Classes issued in the
reference currency.
(6) With Unit Class “S”, the risk of an overall depreciation of the Subfund’s reference currency against the alternate currency of the Unit Class is
reduced significantly by hedging the Net Asset Value of the respective Unit Class “S” – calculated in the Subfund’s reference currency – against
the respective alternate currency to the currency of Unit Class “S” by means of forward foreign exchange transactions. The Net Asset Value of the
Units of these alternate currency classes does not develop in the same way as that of the Unit Classes issued in the reference currency.
(7) Units in class "N" may only be acquired by fund of funds type undertakings for collective investment which are in the form of unit trusts or corporate
type funds, if they are distributed primarily in Japan.
(8) Class F Units may only be acquired by investors who have concluded a discretionary asset management agreement with a Business Unit of Credit
Suisse AG.
Further Information
Additional information on the Fund is available on the internet at www.credit-suisse.com and from the following company during regular business
hours:
Credit Suisse Asset Management Fund Service (Luxembourg) S.A.,
5, rue Jean Monnet,
L-2180 Luxembourg,
tel.: +352 43 61 61–1,
fax: +352 43 61 61–555
www.credit-suisse.com 7
Credit Suisse Equity Fund (Lux) Simplified Prospectus
Credit Suisse Equity Fund (Lux) Credit Suisse Equity Fund (Lux)
Brazil Convergence Europe Aberdeen
Investment Policy Investment Policy
At least two-thirds of this Subfund’s assets are invested in companies At least two-thirds of this Subfund's assets are invested in companies
which are domiciled in Brazil or which conduct the overwhelming which are domiciled in central, southern or eastern Europe (excluding
proportion of their business activities there. Russia) or which conduct a large proportion of their business activities
there.
Risk Information The investment universe of this Subfund is defined as those countries of
In view of the political and economic situation inherent in emerging central, southern or eastern Europe which are in a process of economic
countries, investors must be aware that investments in these Subfunds convergence towards the industrialized countries of western Europe
entail a substantial risk, which could reduce the yield generated on the and/or are preparing to join the European Union (EU).
respective Subfund’s assets.
Emerging countries and developing markets are defined as countries Risk Information
which, at the time of investment, are not considered by the International In view of the political and economic situation inherent in emerging
Monetary Fund, the World Bank or the International Finance Corporation countries, investors must be aware that investments in these Subfunds
(IFC) to be developed, industrialized countries with a high income. entail a substantial risk, which could reduce the yield generated on the
The complete Sales Prospectus contains additional information regarding respective Subfund’s assets.
the risks associated with investments in emerging countries, in particular Emerging countries and developing markets are defined as countries
Russia, in Chapter 7, “Risk Factors”. which, at the time of investment, are not considered by the International
Monetary Fund, the World Bank or the International Finance Corporation
Investment Adviser (IFC) to be developed, industrialized countries with a high income.
The Investment Adviser is Credit Suisse (Brasil) Distribuidora de Títulos e Chapter 7, “Risk Factors”, of the complete Sales Prospectus
Valores Mobiliários S.A, Sao Paulo. contains additional information regarding the risks associated with
investments in emerging countries.
Profile of a Typical Investor
This Subfund is suitable for investors wishing to participate in the Investment Adviser
economic development of the equity markets in Brazil. Investors will be The Investment Adviser is Aberdeen International Fund Managers Limited,
looking for balanced, broad and diversified exposure to companies in these Hong Kong.
markets.
Investment Sub-Adviser
Performance Investment Sub-Adviser is Aberdeen Asset Managers Limited, United
Return on investment (as at 31.12.2009) (in %, non-annualized) Kingdom.
Unit Class First issued 3 months 6 months 1 year 3 years 5 years
B 14.12.2007 13.60 48.21 127.69 – – Profile of a Typical Investor
N JPY 14.12.2007 17.98 43.27 137.09 – – This Subfund is suitable for investors wishing to participate in the
Source: Lipper, a Reuters Company. economic development of the equity markets in central, southern and
eastern Europe. Investors will be looking for balanced, broad and
Return on investment p.a. (in %) as at 31.12.2009 diversified exposure to companies in these markets.
150.0%
Performance
100.0% Return on investment (as at 31.12.2009) (in %, non-annualized)
50.0% Unit Class First issued 3 months 6 months 1 year 3 years 5 years
B 29.07.2005 6.89 34.20 32.21 –31.53 –
0.0% Source: Lipper, a Reuters Company.
-50.0%
Return on investment p.a. (in %) as at 31.12.2009
-100.0%
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 40.0%
Credit Suisse Equity (Lux) Brazil B 20.0%
Credit Suisse Equity (Lux) Brazil N JPY
0.0%
Average Return 3 years 5 years 10 years
-20.0%
Credit Suisse Equity (Lux) Brazil
B 16.9% - -
-40.0%
Credit Suisse Equity (Lux) Brazil N JPY 8.0% - -
Source: Lipper, a Reuters Company. -60.0%
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009
The tables and the charts show the development of the Subfund’s value and the Return on
investment in its reference currency respectively in the currency in which the Unit classes were CS Equity (Lux) Convergence Europe Aberdeen B
issued. Historical performance is not a guarantee of future returns.
Average Return 3 years 5 years 10 years
CS Equity (Lux) Convergence Europe Aberdeen
B -11.9% - -
Source: Lipper, a Reuters Company.
The tables and the charts show the development of the Subfund’s value and the Return on
investment in its reference currency respectively in the currency in which the Unit classes were
issued. Historical performance is not a guarantee of future returns.
www.credit-suisse.com 8
Credit Suisse Equity Fund (Lux) Simplified Prospectus
Credit Suisse Equity Fund (Lux) Credit Suisse Equity Fund (Lux)
Dividend Europe Aberdeen Eastern Europe Aberdeen
Investment Policy Investment Policy
At least two-thirds of this Subfund’s assets are invested in companies At least two-thirds of this Subfund’s assets are invested in companies
which are domiciled in Western Europe or which conduct a large which are domiciled in Eastern Europe or which conduct a large proportion
proportion of their business activities there and produce/are expected to of their business activities there.
produce a high dividend yield. For the purpose of this Subfund, Eastern European countries are defined
Companies are selected regardless of their market capitalization (micro, as the nations of Central and Eastern Europe, including Russia and
small, mid, large caps), sector or geographical location within Western Turkey.
Europe. This may lead to a concentration in geographical or sector terms. Furthermore, the remaining one third of the Subfund’s assets may be
Liquid assets held by this Subfund in the form of sight and time deposits, invested in those successor states of the former Soviet Union which are
together with debt instruments which generate interest income within the no longer considered Central or Eastern European countries.
meaning of EU directive 2003/48/EC, may not exceed 15% of the
Subfund’s net assets. Risk Information
In view of the political and economic situation inherent in emerging
Investment Adviser countries, investors must be aware that investments in these Subfunds
The Investment Adviser is Aberdeen International Fund Managers Limited, entail a substantial risk, which could reduce the yield generated on the
Hong Kong. respective Subfund’s assets.
Emerging countries and developing markets are defined as countries
Investment Sub-Adviser which, at the time of investment, are not considered by the International
Investment Sub-Adviser is Aberdeen Asset Managers Limited, United Monetary Fund, the World Bank or the International Finance Corporation
Kingdom. (IFC) to be developed, industrialized countries with a high income.
The complete Sales Prospectus contains additional information regarding
Profile of a Typical Investor the risks associated with investments in emerging countries, in particular
The Subfund is suitable for investors wishing to participate in the economic Russia, in Chapter 7, “Risk Factors”.
development of European companies which exhibit an above-average
dividend yield. Investors will be looking for a balanced, broad and Investment Adviser
diversified exposure to equities which produce high dividends. The Investment Adviser is Aberdeen International Fund Managers Limited,
Hong Kong.
Performance
Return on investment (as at 31.12.2009) (in %, non-annualized) Investment Sub-Adviser
Unit Class First issued 3 months 6 months 1 year 3 years 5 years Investment Sub-Adviser is Aberdeen Asset Managers Limited, United
B 20.06.2003 6.62 24.53 28.16 –29.13 4.20 Kingdom.
I 20.10.2003 6.94 25.27 29.69 –26.43 10.83
R-CHF 20.06.2003 6.49 24.25 27.26 –30.72 –3.82
Profile of a Typical Investor
This Subfund is suitable for investors wishing to participate in the
R-USD 20.06.2003 6.82 24.98 29.04 –27.49 6.78
economic development of the equity markets in Eastern Europe and are
Source: Lipper, a Reuters Company.
looking for a balanced, broadly diversified exposure to East European
Return on investment p.a. (in %) as at 31.12.2009 companies.
40.0% Performance
30.0%
20.0%
Return on investment (as at 31.12.2009) (in %, non-annualized)
10.0% Unit Class First issued 3 months 6 months 1 year 3 years 5 years
0.0% B 26.09.1997 11.90 30.12 71.19 –36.12 44.65
-10.0%
-20.0% I 16.08.2004 12.15 30.72 72.78 –34.34 51.46
-30.0% Source: Lipper, a Reuters Company.
-40.0%
-50.0% Return on investment p.a. (in %) as at 31.12.2009
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009
80.0%
CS Equity (Lux) Dividend Europe Aberdeen B 60.0%
CS Equity (Lux) Dividend Europe Aberdeen I 40.0%
CS Equity (Lux) Dividend Europe Aberdeen R CHF 20.0%
CS Equity (Lux) Dividend Europe Aberdeen R USD 0.0%
-20.0%
Average Return 3 years 5 years 10 years
-40.0%
CS Equity (Lux) Dividend Europe Aberdeen
B -10.8% 0.8% - -60.0%
I -9.7% 2.1% - -80.0%
R CHF -11.5% -0.8% - 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009
R USD -10.2% 1.3% -
Source: Lipper, a Reuters Company.
CS Equity (Lux) Eastern Europe Aberdeen B
The tables and the charts show the development of the Subfund’s value and the Return on CS Equity (Lux) Eastern Europe Aberdeen I
investment in its reference currency respectively in the currency in which the Unit classes were
Average Return 3 years 5 years 10 years
issued. Historical performance is not a guarantee of future returns.
CS Equity (Lux) Eastern Europe Aberdeen
B -13.9% 7.7% 9.3%
I -13.1% 8.7% -
Source: Lipper, a Reuters Company.
The tables and the charts show the development of the Subfund’s value and the Return on
investment in its reference currency respectively in the currency in which the Unit classes were
issued. Historical performance is not a guarantee of future returns.
www.credit-suisse.com 9
Credit Suisse Equity Fund (Lux) Simplified Prospectus
Credit Suisse Equity Fund (Lux) Credit Suisse Equity Fund (Lux)
European Property Future Energy Aberdeen
Investment Policy Investment Policy
At least two-thirds of this Subfund’s assets are invested in real estate At least two-thirds of this Subfund’s assets will be invested worldwide in
companies, including closed-end REITs, which are domiciled in Europe or companies offering products or services related to the generation,
conduct a large proportion of their business activities there. There will not transformation and distribution of future-oriented energy sources.
be any direct investments in real estate. Furthermore, the Subfund may invest in companies which obtain the
“Real estate companies” typically include those companies that are majority of their revenues by financing the above activities.
engaged in the planning, construction, ownership, management, financing
or sale of residential, commercial or industrial real estate. Investment Adviser
Furthermore, the Subfund may invest in companies which obtain the The Investment Adviser is Aberdeen International Fund Managers Limited,
majority of their revenues by financing the above activities. Hong Kong.
The Subfund may additionally invest up to 30% of its net assets, on a
worldwide basis and in any currency, in equities and equity-type securities Investment Sub-Adviser
of companies whose activities are closely connected with real estate, such Investment Sub-Adviser is Aberdeen Asset Managers Limited, United
as construction companies or manufacturers and distributors of goods for Kingdom.
the construction industry.
Profile of a Typical Investor
Risk Information The Subfund is suitable for investors wishing to participate in the economic
Prospective investors in this Subfund should inform themselves as to the development of the energy sector. Investors will be looking for a balanced,
tax consequences applicable in the countries of their citizenship, residence broad and diversified exposure to companies in these sectors.
or domicile.
Additional information regarding the risks associated with
investments in real estate investment trusts (REITs) is given in
Performance
Return on investment (as at 31.12.2009) (in %, non-annualized)
Chapter 7 of the complete Sales Prospectus (“Risk factors”).
Unit Class First issued 3 months 6 months 1 year 3 years 5 years
B-EUR 27.02.2006 6.89 13.13 27.31 –15.79 –
Investment Adviser
The Investment Adviser is Credit Suisse AG, Zurich. R-CHF 17.10.2006 6.62 12.81 26.33 –18.12 –
R-USD 10.08.2007 6.63 12.98 27.37 – –
Source: Lipper, a Reuters Company.
Profile of a Typical Investor
The Subfund is suitable for investors wishing to participate in the economic
Return on investment p.a. (in %) as at 31.12.2009
development of the real estate market. Investors will be looking for a
balanced, broad and diversified exposure to companies in this sector. 40.0%
20.0%
Performance
Return on investment (as at 31.12.2009) (in %, non-annualized) 0.0%
Unit Class First issued 3 months 6 months 1 year 3 years 5 years -20.0%
B 06.07.2001 –0.42 31.06 23.99 –58.38 –23.71
-40.0%
I 06.07.2001 –0.13 31.76 25.31 –57.08 –19.74
Source: Lipper, a Reuters Company. -60.0%
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009
Return on investment p.a. (in %) as at 31.12.2009
CS Equity (Lux) Future Energy Aberdeen B EUR
60.0% CS Equity (Lux) Future Energy Aberdeen R CHF
40.0% CS Equity (Lux) Future Energy Aberdeen R USD
20.0% Average Return 3 years 5 years 10 years
CS Equity (Lux) Future Energy Aberdeen B EUR -5.6% - -
0.0%
-20.0% CS Equity (Lux) Future Energy Aberdeen
R CHF -6.4% - -
-40.0% R USD -10.2% - -
Source: Lipper, a Reuters Company.
-60.0%
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 The tables and the charts show the development of the Subfund’s value and the Return on
investment in its reference currency respectively in the currency in which the Unit classes were
Credit Suisse Equity (Lux) European Property B issued. Historical performance is not a guarantee of future returns.
Credit Suisse Equity (Lux) European Property I
Average Return 3 years 5 years 10 years
Credit Suisse Equity (Lux) European Property
B -25.3% -5.3% -
I -24.6% -4.3% -
Source: Lipper, a Reuters Company.
The tables and the charts show the development of the Subfund’s value and the Return on
investment in its reference currency respectively in the currency in which the Unit classes were
issued. Historical performance is not a guarantee of future returns.
www.credit-suisse.com 10
Credit Suisse Equity Fund (Lux) Simplified Prospectus
Credit Suisse Equity Fund (Lux) Credit Suisse Equity Fund (Lux)
Global Prestige Global Resources Aberdeen
Investment Policy Investment Policy
At least two-thirds of this Subfund’s assets are invested worldwide in At least two-thirds of this Subfund’s assets are invested worldwide in
companies offering luxury and prestige products or services. companies active in the extraction, production, processing and trading of
Furthermore, the Subfund may invest in companies which derive the the following products: chemicals, building materials, metals and other raw
majority of their revenues from financing the activities specified above. materials, timber and paper products, containers and packaging as well as
companies in the energy resources sector.
Investment Adviser Furthermore, the Subfund may invest in companies which obtain the
The Investment Adviser is Credit Suisse AG, Zurich. majority of their revenues by financing the above activities.
The companies are selected regardless of their market capitalization
Investment Sub-Adviser (micro, small, mid, large caps) or geographical location. This may lead to a
Investment Sub-Adviser is Credit Suisse (France). concentration in geographical terms.
The Subfund may additionally invest to a limited extent in emerging
countries. Emerging countries are defined as those countries which, at the
Profile of a Typical Investor
time of investment, are not considered by the International Monetary Fund,
The Subfund is suitable for investors wishing to participate in the luxury
the World Bank or the International Finance Corporation (IFC) to be
and prestige sector who are looking for a balanced, broad and diversified
developed, industrialized countries with a high income.
exposure to companies in this sector.
The Subfund may invest a small proportion of its assets in the equity
capital of unlisted companies (“private equity”) from various sectors and in
Performance various growth phases, which are selected on the basis of earnings and
Return on investment (as at 31.12.2009) (in %, non-annualized) risk aspects. The proportion of private-equity investments together with
Unit Class First issued 3 months 6 months 1 year 3 years 5 years investments in other unlisted securities may not, in total, exceed 10% of
B 07.07.2006 7.27 34.56 40.34 –19.45 – net assets.
R USD 29.05.2007 7.20 34.94 41.20 – –
Source: Lipper, a Reuters Company. Risk Information
The complete Sales Prospectus contains additional information regarding
Return on investment p.a. (in %) as at 31.12.2009 the risks associated with investments in private equity and in relation to
60.0% emerging countries, in Chapter 7, “Risk Factors”.
40.0%
Investment Adviser
20.0%
The Investment Adviser is Aberdeen International Fund Managers Limited,
0.0% Hong Kong.
-20.0%
-40.0% Investment Sub-Adviser
-60.0%
Investment Sub-Adviser is Aberdeen Asset Managers Limited, United
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 Kingdom.
Credit Suisse Equity (Lux) Global Prestige B Profile of a Typical Investor
Credit Suisse Equity (Lux) Global Prestige R USD The Subfund is suitable for investors wishing to participate in the economic
Average Return 3 years 5 years 10 years development of the resources sector and are looking for balanced, broad
Credit Suisse Equity (Lux) Global Prestige and diversified exposure to companies in this sector.
B -7.0% - -
R USD -3.7% - -
Source: Lipper, a Reuters Company. Performance
Return on investment (as at 31.12.2009) (in %, non-annualized)
The tables and the charts show the development of the Subfund’s value and the Return on
investment in its reference currency respectively in the currency in which the Unit classes were Unit Class First issued 3 months 6 months 1 year 3 years 5 years
issued. Historical performance is not a guarantee of future returns. B 01.12.1989 9.48 28.50 56.91 –3.95 57.40
I 05.09.2003 9.76 29.15 58.51 –0.97 65.59
R-EUR 31.01.2005 8.84 26.96 51.47 –15.28 –
Source: Lipper, a Reuters Company.
Return on investment p.a. (in %) as at 31.12.2009
80.0%
60.0%
40.0%
20.0%
0.0%
-20.0%
-40.0%
-60.0%
-80.0%
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009
CS Equity (Lux) Global Resources Aberdeen B
CS Equity (Lux) Global Resources Aberdeen I
CS Equity (Lux) Global Resources Aberdeen R EUR
Average Return 3 years 5 years 10 years
CS Equity (Lux) Global Resources Aberdeen
B -1.3% 9.5% 7.0%
I -0.3% 10.6% -
R EUR -5.4% - -
Source: Lipper, a Reuters Company.
The tables and the charts show the development of the Subfund’s value and the Return on
investment in its reference currency respectively in the currency in which the Unit classes were
issued. Historical performance is not a guarantee of future returns.
www.credit-suisse.com 11
Credit Suisse Equity Fund (Lux) Simplified Prospectus
Credit Suisse Equity Fund (Lux) Credit Suisse Equity Fund (Lux)
Global Security Global Value
Investment Policy Investment Policy
At least two-thirds of this Subfund's assets are invested worldwide in At least two-thirds of this Subfund’s assets are invested worldwide in
companies active in information technology, healthcare and industry which companies traded on recognized markets and are considered to be value
offer products and services in the fields of environmental security, IT stocks. The Subfund may also invest in emerging markets.
security, health protection, traffic safety and protection against crime. The value stocks are determined by the investment adviser on the basis of
Furthermore, the Subfund may invest in companies which obtain the fundamental criteria such as price/book ratio, price/earnings ratio,
majority of their revenues by financing the above activities. dividend yield and operating cash flow.
The Subfund may also invest in emerging markets. The companies are selected regardless of their market capitalization
(micro, small, mid, large caps), sector or geographical location. This may
Risk Information lead to a concentration in geographical or sector terms.
In view of the political and economic situation inherent in emerging
countries, investors must be aware that investments in these Subfunds Investment Adviser
entail a substantial risk, which could reduce the yield generated on the The Investment Adviser is Credit Suisse AG, Zurich.
respective Subfund’s assets.
Emerging countries and developing markets are defined as countries Profile of a Typical Investor
which, at the time of investment, are not considered by the International The Subfund is suitable for investors wishing to participate in the economic
Monetary Fund, the World Bank or the International Finance Corporation development of the world’s equity markets who are looking for a balanced,
(IFC) to be developed, industrialized countries with a high income. broad and diversified exposure to companies which are considered to be
The complete Sales Prospectus contains additional information regarding favourably valued value stocks on the basis of fundamental data such as
the risks associated with investments in emerging countries, in particular their price/book ratio, price/earnings ratio, dividend yield and cash flow
Russia, in Chapter 7, “Risk Factors”. from operations.
Investment Adviser Performance
The Investment Adviser is Credit Suisse AG, Zurich. Return on investment (as at 31.12.2009) (in %, non-annualized)
Unit Class First issued 3 months 6 months 1 year 3 years 5 years
Profile of a Typical Investor B-EUR 01.06.2001 0.85 25.58 46.31 – –
The Subfund is suitable for investors wishing to participate in companies I-EUR 16.01.2007 1.16 26.28 47.91 – –
offering products and services in environmental security, IT security, health R-CHF 01.06.2001 0.85 25.19 44.97 – –
protection, traffic safety and protection against crime. Investors will be
R-USD 01.06.2001 0.81 25.80 45.88 – –
looking for balanced, broad and diversified exposure to companies active
Source: Lipper, a Reuters Company.
primarily in information technology, healthcare or industry.
Return on investment p.a. (in %) as at 31.12.2009
Performance
Return on investment (as at 31.12.2009) (in %, non-annualized) 60.0%
Unit Class First issued 3 months 6 months 1 year 3 years 5 years 50.0%
B 19.10.2006 4.87 19.18 26.63 –0.10 – 40.0%
R-CHF 19.10.2006 4.75 18.63 24.87 –5.67 – 30.0%
R-EUR 19.10.2006 4.71 18.61 24.97 –5.25 – 20.0%
Source: Lipper, a Reuters Company.
10.0%
0.0%
Return on investment p.a. (in %) as at 31.12.2009
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009
30.0%
Credit Suisse Equity (Lux) Global Value B
20.0%
Credit Suisse Equity (Lux) Global Value I
10.0%
Credit Suisse Equity (Lux) Global Value R CHF
0.0%
Credit Suisse Equity (Lux) Global Value R USD
-10.0%
Average Return 3 years 5 years 10 years
-20.0%
Credit Suisse Equity (Lux) Global Value
-30.0%
B - - -
-40.0% I - - -
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 R CHF - - -
R USD - - -
Credit Suisse Equity (Lux) Global Security B Source: Lipper, a Reuters Company.
Credit Suisse Equity (Lux) Global Security R CHF The tables and the charts show the development of the Subfund’s value and the Return on
Credit Suisse Equity (Lux) Global Security R EUR investment in its reference currency respectively in the currency in which the Unit classes were
issued. Historical performance is not a guarantee of future returns.
Average Return 3 years 5 years 10 years
Credit Suisse Equity (Lux) Global Security
B 0.0% - -
R CHF -1.9% - -
R EUR -1.8% - -
Source: Lipper, a Reuters Company.
The tables and the charts show the development of the Subfund’s value and the Return on
investment in its reference currency respectively in the currency in which the Unit classes were
issued. Historical performance is not a guarantee of future returns.
www.credit-suisse.com 12
Credit Suisse Equity Fund (Lux) Simplified Prospectus
Credit Suisse Equity Fund (Lux) Return on investment p.a. (in %) as at 31.12.2009
Infrastructure Aberdeen 80.0%
60.0%
40.0%
Investment Policy 20.0%
At least two-thirds of this Subfund’s assets are invested worldwide in 0.0%
companies active in the field of infrastructure related sectors. -20.0%
-40.0%
These sectors or industries consist of companies that, for example, obtain
-60.0%
a substantial part of their sales and revenues from: energy and power,
-80.0%
engineering and construction, electrical equipment, environmental 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009
services, materials, real estate development, resources, transportation and
utilities. CS Equity (Lux) Infrastructure Aberdeen B
Furthermore, the Subfund may invest in companies which obtain the CS Equity (Lux) Infrastructure Aberdeen I
majority of their revenues by financing the above activities. CS Equity (Lux) Infrastructure Aberdeen N JPY
This subfund may hold the major part of its investments in companies CS Equity (Lux) Infrastructure Aberdeen R CHF
domiciled in emerging markets or in companies that derive the majority of CS Equity (Lux) Infrastructure Aberdeen R EUR
their revenues in emerging market countries. Average Return 3 years 5 years 10 years
CS Equity (Lux) Infrastructure Aberdeen
Risk Information B - - -
I - - -
Emerging countries and developing markets are defined as countries
which, at the time of investment, are not considered by the International CS Equity (Lux) Infrastructure Aberdeen N JPY - - -
Monetary Fund, the World Bank or the International Finance Corporation CS Equity (Lux) Infrastructure Aberdeen
(IFC) to be developed, industrialized countries with a high income. R CHF - - -
In view of the political and economic situation inherent in emerging R EUR - - -
Source: Lipper, a Reuters Company.
countries, investors must be aware that investments in these Subfunds
entail a substantial risk, which could reduce the yield generated on the The tables and the charts show the development of the Subfund’s value and the Return on
respective Subfund’s assets. investment in its reference currency respectively in the currency in which the Unit classes were
issued. Historical performance is not a guarantee of future returns.
For additional information regarding the risks associated with investments
in emerging markets, especially Russia, see Chapter 7 of the complete
Sales Prospectus, “Risk Factors”.
Investment Adviser
The Investment Adviser is Aberdeen International Fund Managers Limited,
Hong Kong.
Investment Sub-Adviser
Investment Sub-Adviser is Aberdeen Asset Managers Limited, United
Kingdom.
Profile of a Typical Investor
This Subfund is suitable for investors wishing to participate in the global
economic development of the infrastructure sector and are looking for a
balanced, broad and diversified exposure to these companies.
Performance
Return on investment (as at 31.12.2009) (in %, non-annualized)
Unit Class First issued 3 months 6 months 1 year 3 years 5 years
B 22.06.2007 4.57 20.77 52.11 – –
I 03.08.2007 4.73 21.19 53.55 – –
N JPY 22.06.2007 9.03 17.24 58.50 – –
R CHF 20.08.2007 4.27 19.59 48.43 – –
R EUR 20.08.2007 4.17 19.86 48.94 – –
S EUR 19.11.2007 4.65 20.55 50.67 – –
Source: Lipper, a Reuters Company.
www.credit-suisse.com 13
Credit Suisse Equity Fund (Lux) Simplified Prospectus
Credit Suisse Equity Fund (Lux) Credit Suisse Equity Fund (Lux)
Italy Latin America Aberdeen
Investment Policy Investment Policy
At least two-thirds of this Subfund’s assets are invested in leading At least two-thirds of this Subfund’s assets are invested in companies
companies which are domiciled in Italy or which conduct a large proportion which are domiciled in South or Central America (Latin America) or which
of their business activities there and are characterized by high profitability, conduct a large proportion of their business activities there.
a solid financial structure and successful management.
Risk Information
Investment Adviser In view of the political and economic situation inherent in emerging
Credit Suisse Asset Management Funds S.p.A., Societa di Gestione del countries, investors must be aware that investments in these Subfunds
Risparmio, Milan. entail a substantial risk, which could reduce the yield generated on the
respective Subfund’s assets.
Profile of a Typical Investor Emerging countries and developing markets are defined as countries
The Subfund is suitable for investors who would like to participate in the which, at the time of investment, are not considered by the International
development of the Italian equity market and are looking for a balanced, Monetary Fund, the World Bank or the International Finance Corporation
broadly diversified exposure to this country. (IFC) to be developed, industrialized countries with a high income.
The complete Sales Prospectus contains additional information regarding
Performance the risks associated with investments in emerging countries, in particular
Return on investment (as at 31.12.2009) (in %, non-annualized) Russia, in Chapter 7, “Risk Factors”.
Unit Class First issued 3 months 6 months 1 year 3 years 5 years
B 25.09.1992 –0.83 18.95 23.23 –35.78 –11.98 Investment Adviser
I 19.10.2007 –0.53 19.68 24.74 – – The Investment Adviser is Aberdeen International Fund Managers Limited,
Source: Lipper, a Reuters Company. Hong Kong.
Return on investment p.a. (in %) as at 31.12.2009 Investment Sub-Adviser
Investment Sub-Adviser is Aberdeen Asset Managers Limited, United
30.0%
Kingdom.
20.0%
10.0%
0.0% Profile of a Typical Investor
-10.0% This Subfund is suitable for investors wishing to participate in the
-20.0% economic development of the Latin American equity markets and are
-30.0% looking for a balanced, broadly diversified exposure to Latin American
-40.0% companies.
-50.0%
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009
Performance
Credit Suisse Equity (Lux) Italy B Return on investment (as at 31.12.2009) (in %, non-annualized)
Credit Suisse Equity (Lux) Italy I Unit Class First issued 3 months 6 months 1 year 3 years 5 years
Average Return 3 years 5 years 10 years B 11.03.1994 13.61 43.92 106.06 41.07 202.98
Credit Suisse Equity (Lux) Italy I 16.08.2004 13.87 44.59 107.96 45.01 217.22
B -13.7% -2.5% -2.1% Source: Lipper, a Reuters Company.
I -12.5% - -
Source: Lipper, a Reuters Company.
Return on investment p.a. (in %) as at 31.12.2009
The tables and the charts show the development of the Subfund’s value and the Return on
investment in its reference currency respectively in the currency in which the Unit classes were 120.0%
issued. Historical performance is not a guarantee of future returns.
80.0%
40.0%
0.0%
-40.0%
-80.0%
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009
CS Equity (Lux) Latin America Aberdeen B
CS Equity (Lux) Latin America Aberdeen I
Average Return 3 years 5 years 10 years
CS Equity (Lux) Latin America Aberdeen
B 12.2% 24.8% 14.7%
I 13.2% 26.0% -
Source: Lipper, a Reuters Company.
The tables and the charts show the development of the Subfund’s value and the Return on
investment in its reference currency respectively in the currency in which the Unit classes were
issued. Historical performance is not a guarantee of future returns.
www.credit-suisse.com 14
Credit Suisse Equity Fund (Lux) Simplified Prospectus
Credit Suisse Equity Fund (Lux) Credit Suisse Equity Fund (Lux)
Russia Explorer Aberdeen Small and Mid Cap Europe
Investment Policy Investment Policy
At least two-thirds of this Subfund’s assets are invested in GDRs and At least two-thirds of this Subfund’s assets are invested in smaller and
ADRs and in equities and equity-type securities of companies domiciled in middle European companies. The investment region of Europe shall
Russia or which conduct a large proportion of their business activities there include all EU and EFTA countries.
and which are traded on the Russian Trading System Stock Exchange Smaller and middle companies are defined as all companies with a market
(RTS) or on Moscow Interbank Currency Exchange (MICEX). capitalization of less than 5 billion euros at the time the investment is
Furthermore, one third of the Subfund’s assets may be invested, in made.
accordance with Art. 41 of the Law of December 20, 2002, in the former
Soviet states of Central Asia, Transcaucasus and eastern Europe or in Investment Adviser
companies which conduct a large proportion of their business activities The Investment Adviser is Credit Suisse AG, Zurich.
there.
Profile of a Typical Investor
Risk Information The Subfund is suitable for investors wishing to participate in the economic
In view of the political and economic situation prevailing in emerging development of small-cap European companies and are looking for a
countries, investors must be aware that investments in these Subfunds balanced, broadly diversified exposure to this region.
entail a substantial risk which could reduce the yield generated on the
respective Subfund’s assets. Performance
Emerging countries and developing markets are defined as countries Return on investment (as at 31.12.2009) (in %, non-annualized)
which, at the time of investment, are not considered by the International
Unit Class First issued 3 months 6 months 1 year 3 years 5 years
Monetary Fund, the World Bank or the International Finance Corporation
B 28.01.1994 1.87 24.24 43.09 –24.34 17.51
(IFC) to be developed, industrialized countries with a high income. Source: Lipper, a Reuters Company.
For additional information regarding the risks associated with investments
in emerging markets, especially Russia, see Chapter 7 of the complete Return on investment p.a. (in %) as at 31.12.2009
Sales Prospectus, “Risk Factors”.
60.0%
Investment Adviser 40.0%
The Investment Adviser is Aberdeen International Fund Managers Limited, 20.0%
Hong Kong.
0.0%
Investment Sub-Adviser -20.0%
Investment Sub-Adviser is Aberdeen Asset Managers Limited, United -40.0%
Kingdom. -60.0%
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009
Profile of a Typical Investor
Credit Suisse Equity (Lux) Small&Mid Cap Europe B
The Subfund is suitable for investors wishing to participate in the economic
development of the Russian equity markets. Investors will be looking for a Average Return 3 years 5 years 10 years
balanced, broad and diversified exposure to companies in this sector. Credit Suisse Equity (Lux) Small&Mid Cap Europe
B -8.9% 3.3% -4.3%
Source: Lipper, a Reuters Company.
Performance
The tables and the charts show the development of the Subfund’s value and the Return on
Return on investment (as at 31.12.2009) (in %, non-annualized) investment in its reference currency respectively in the currency in which the Unit classes were
Unit Class First issued 3 months 6 months 1 year 3 years 5 years issued. Historical performance is not a guarantee of future returns.
B 16.05.2006 19.05 43.28 135.41 –27.36 –
I 31.10.2007 19.35 43.91 137.15 – –
Source: Lipper, a Reuters Company.
Return on investment p.a. (in %) as at 31.12.2009
150.0%
100.0%
50.0%
0.0%
-50.0%
-100.0%
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009
CS Equity (Lux) Russia Explorer Aberdeen B
CS Equity (Lux) Russia Explorer Aberdeen I
Average Return 3 years 5 years 10 years
CS Equity (Lux) Russia Explorer Aberdeen
B -10.1% - -
I - - -
Source: Lipper, a Reuters Company.
The tables and the charts show the development of the Subfund’s value and the Return on
investment in its reference currency respectively in the currency in which the Unit classes were
issued. Historical performance is not a guarantee of future returns.
www.credit-suisse.com 15
Credit Suisse Equity Fund (Lux) Simplified Prospectus
Credit Suisse Equity Fund (Lux) Credit Suisse Equity Fund (Lux)
Small and Mid Cap Germany Small Cap USA
Investment Policy Investment Policy
At least two-thirds of this Subfund’s assets are invested in smaller and At least two-thirds of this Subfund’s assets are invested in smaller
middle companies which are domiciled in Germany or which conduct the companies which are domiciled in the United States of America.
overwhelming proportion of their business activities there. Smaller companies are defined as all companies with a market
Smaller and middle companies are defined as all companies which are not capitalization of less than 3.5 billion US dollars at the time the investment
part of the DAX30. is made.
Investment Adviser Investment Adviser
The Investment Adviser is Credit Suisse AG, Zurich. The Investment Adviser is Credit Suisse Asset Management, LLC, New
York.
Profile of a Typical Investor
The Subfund is suitable for investors wishing to participate in the economic Profile of a Typical Investor
development of small-cap German companies and are looking for a The Subfund is suitable for investors wishing to participate in the economic
balanced, broad and diversified exposure to this market segment. development of small-cap American companies and are looking for a
balanced, broad and diversified exposure to this market segment.
Performance
Return on investment (as at 31.12.2009) (in %, non-annualized) Performance
Unit Class First issued 3 months 6 months 1 year 3 years 5 years Return on investment (as at 31.12.2009) (in %, non-annualized)
B 26.08.1994 3.80 31.35 46.55 –21.03 36.67 Unit Class First issued 3 months 6 months 1 year 3 years 5 years
I 29.08.2005 4.07 32.02 47.99 –18.52 – B 17.09.1993 2.24 23.05 28.87 –21.30 –10.14
Source: Lipper, a Reuters Company. R-EUR 31.05.2002 2.21 22.70 25.87 –26.51 –19.12
Source: Lipper, a Reuters Company.
Return on investment p.a. (in %) as at 31.12.2009
Return on investment p.a. (in %) as at 31.12.2009
100.0%
80.0% 60.0%
60.0%
40.0%
40.0%
20.0% 20.0%
0.0% 0.0%
-20.0%
-20.0%
-40.0%
-60.0% -40.0%
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 -60.0%
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009
Credit Suisse Equity (Lux) Small&Mid Cap Germany B
Credit Suisse Equity (Lux) Small&Mid Cap Germany I Credit Suisse Equity (Lux) Small Cap USA B
Average Return 3 years 5 years 10 years Credit Suisse Equity (Lux) Small Cap USA R EUR
Credit Suisse Equity (Lux) Small&Mid Cap Germany Average Return 3 years 5 years 10 years
B -7.6% 6.4% -2.6%
I -6.6% - - Credit Suisse Equity (Lux) Small Cap USA
B -7.7% -2.1% 0.3%
Source: Lipper, a Reuters Company.
R EUR -9.8% -4.2% -
Source: Lipper, a Reuters Company.
The tables and the charts show the development of the Subfund’s value and the Return on
investment in its reference currency respectively in the currency in which the Unit classes were
The tables and the charts show the development of the Subfund’s value and the Return on
issued. Historical performance is not a guarantee of future returns.
investment in its reference currency respectively in the currency in which the Unit classes were
issued. Historical performance is not a guarantee of future returns.
www.credit-suisse.com 16
Credit Suisse Equity Fund (Lux) Simplified Prospectus
Credit Suisse Equity Fund (Lux) Credit Suisse Equity Fund (Lux)
Style Invest Europe USA
Investment Policy Investment Policy
At least two-thirds of this Subfund’s assets are invested in companies At least two-thirds of this Subfund’s assets are invested in leading
which are domiciled in Western Europe or which conduct a large companies which are domiciled in the United States of America or which
proportion of their business activities there. conduct a large proportion of their business activities there and are
Depending on the market situation and the economic environment, characterized by high profitability, a solid financial structure and successful
numerical models based mainly on historical equity market data are used management.
to allocate the Subfund’s assets to growth stocks and value stocks and
define their weightings accordingly. Investment Adviser
Companies are selected regardless of their market capitalization (micro, The Investment Adviser is Credit Suisse AG, Zurich.
small, mid, large caps), sector or geographical location within Western
Europe. This may lead to a concentration in geographical or sector terms Profile of a Typical Investor
or to a concentration in growth or value stocks. The Subfund is suitable for investors who would like to participate in the
development of the US equity market and are looking for a balanced,
Performance Fee broadly diversified exposure to this country.
In addition to the Management Fee, the Management Company is entitled
to a Performance Fee which is calculated daily on the basis of the Net Performance
Asset Value of the Unit Class concerned. The complete Sales Prospectus Return on investment (as at 31.12.2009) (in %, non-annualized)
contains further information on this Performance Fee in Chapter 9,
Unit Class First issued 3 months 6 months 1 year 3 years 5 years
“Expenses and Taxes”.
B 07.06.1991 7.03 23.05 27.98 –14.59 –5.56
D 13.12.2002 7.42 23.96 29.89 –10.87 2.58
Investment Adviser
I 14.04.2000 7.19 23.43 28.75 –13.07 –1.56
The Investment Adviser is Clariden Leu AG, Zurich.
R-EUR 31.05.2002 6.88 22.54 25.90 –18.54 –13.52
Source: Lipper, a Reuters Company.
Profile of a Typical Investor
The Subfund is suitable for investors wishing to benefit from the rotation Return on investment p.a. (in %) as at 31.12.2009
and timing of investment styles (value/growth) within the European equity
market. Investors will be looking for a balanced, broad and diversified 40.0%
exposure to growth and/or value stocks. 30.0%
20.0%
10.0%
Performance 0.0%
Return on investment (as at 31.12.2009) (in %, non-annualized) -10.0%
-20.0%
Unit Class First issued 3 months 6 months 1 year 3 years 5 years -30.0%
B 23.05.2003 4.77 25.18 31.40 –28.97 7.62 -40.0%
-50.0%
I 25.10.2004 5.03 25.82 32.75 –26.76 12.84
Source: Lipper, a Reuters Company. 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009
Credit Suisse Equity (Lux) USA B
Return on investment p.a. (in %) as at 31.12.2009 Credit Suisse Equity (Lux) USA D
40.0% Credit Suisse Equity (Lux) USA I
30.0% Credit Suisse Equity (Lux) USA R EUR
20.0%
Average Return 3 years 5 years 10 years
10.0%
0.0% Credit Suisse Equity (Lux) USA
B -5.1% -1.1% -2.6%
-10.0%
D -3.8% - -
-20.0% I -4.6% -0.3% -
-30.0% R EUR -6.6% -2.9% -
-40.0% Source: Lipper, a Reuters Company.
-50.0%
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 The tables and the charts show the development of the Subfund’s value and the Return on
investment in its reference currency respectively in the currency in which the Unit classes were
issued. Historical performance is not a guarantee of future returns.
Credit Suisse Equity (Lux) Style Invest Europe B
Credit Suisse Equity (Lux) Style Invest Europe I
Average Return 3 years 5 years 10 years
Credit Suisse Equity (Lux) Style Invest Europe
B -10.8% 1.5% -
I -9.9% 2.4% -
Source: Lipper, a Reuters Company.
The tables and the charts show the development of the Subfund’s value and the Return on
investment in its reference currency respectively in the currency in which the Unit classes were
issued. Historical performance is not a guarantee of future returns.
www.credit-suisse.com 17
Credit Suisse Equity Fund (Lux) Simplified Prospectus
Credit Suisse Equity Fund (Lux)
USA Value
Investment Policy
At least two-thirds of this Subfund’s assets are invested in companies
which are domiciled in the United States of America or which conduct a
large proportion of their business activities there and are considered to be
value stocks.
The value stocks are determined by the investment adviser on the basis of
fundamental criteria such as price/book ratio, price/earnings ratio,
dividend yield and operating cash flow.
The companies are selected regardless of their market capitalization
(micro, small, mid, large caps) and sector within the United States of
America. This may lead to a concentration in sector terms.
Investment Adviser
The Investment Adviser is Credit Suisse AG, Zurich.
Profile of a Typical Investor
The Subfund is suitable for investors wishing to participate in the economic
development of US companies which are considered to be value stocks.
Investors will be looking for a balanced, broad and diversified exposure to
companies which are considered to be favourably valued value stocks on
the basis of fundamental data such as their price/book ratio,
price/earnings ratio, dividend yield and cash flow from operations.
Performance
Return on investment (as at 31.12.2009) (in %, non-annualized)
Unit Class First issued 3 months 6 months 1 year 3 years 5 years
B 30.03.2004 4.69 39.42 56.22 –10.86 10.54
I 19.10.2007 4.99 40.11 57.86 – –
Source: Lipper, a Reuters Company.
Return on investment p.a. (in %) as at 31.12.2009
80.0%
60.0%
40.0%
20.0%
0.0%
-20.0%
-40.0%
-60.0%
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009
Credit Suisse Equity (Lux) USA Value B
Credit Suisse Equity (Lux) USA Value I
Average Return 3 years 5 years 10 years
Credit Suisse Equity (Lux) USA Value
B -3.8% 2.0% -
I -3.5% - -
Source: Lipper, a Reuters Company.
The tables and the charts show the development of the Subfund’s value and the Return on
investment in its reference currency respectively in the currency in which the Unit classes were
issued. Historical performance is not a guarantee of future returns.
www.credit-suisse.com 18
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