April 22, 2005
New York, April 20, 2005 -- CSFB is pleased to announce the offering of the Global Trading and Valuations Opportunities Basket, a selection of CSFB/Tremont Sector Invest Indices. The basket consists of primarily directional-oriented trading strategies including the Long/Short Equity, Global Macro, Managed Futures, Emerging Markets and Equity Market Neutral CSFB/Tremont Sector Invest Indices.
"The basket focuses on strategies typically taking a view on, for instance, the equity, foreign exchange and commodities markets globally and deemphasizes arbitrage and relative value oriented strategies," said Oliver Schupp, President of CSFB Tremont Index LLC and senior member of CSFB's Hedge Fund Investment group. "We believe this basket is positioned to take advantage of an investment environment characterized by rising equity markets, trending currency and commodity markets and high interest rate volatility."
"The five-year certificate and capital protected note linked to the Global Trading and Valuations Opportunities Basket is available for public distribution in Switzerland with subscriptions through May 20, 2005," said Tony Pesco, head of CSFB's Fund Linked Products group. "The offering continues our leading position in innovative hedge fund products, allowing investors dedicated exposure to select hedge fund strategies while enjoying the diversification and objective construction methodology of the CSFB/Tremont Sector Invest Indices."
The CSFB/Tremont Sector Invest Indices aim to achieve a high degree of representation and generally include the largest funds by assets under management that are open to investment and meet certain liquidity conditions in each of the following 10 style-based sectors: Convertible Arbitrage, Dedicated Short Bias, Emerging Markets, Equity Market Neutral, Event Driven, Fixed Income Arbitrage, Global Macro, Long/Short Equity, Managed Futures, and Multi-Strategy.
The Global Trading and Valuations Opportunities Basket is available only to Swiss investors. Swiss investors should contact their local Credit Suisse/Credit Suisse First Boston contact person in case of questions/subscriptions.
For more information, please contact:
German-speaking area: John Meijer (+41 1 335 7606), Daniel Huber (+ 41 1 335 7610)
French-speaking area: Peter Brueggler (+ 41 22 392 3059)
Italian-speaking area: Roberto Amadelli (+ 41 22 392 2628)
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Credit Suisse First Boston (CSFB) is a leading global investment bank serving institutional, corporate, government and individual clients. CSFB's businesses include securities underwriting, sales and trading, investment banking, private equity, financial advisory services, investment research, venture capital, correspondent brokerage services and asset management. CSFB operates in 69 locations in 33 countries across five continents. The Firm is a business unit of the Zurich-based Credit Suisse Group, a leading global financial services company.
|Meg Bode || |
| ||John Gallagher || |