Credit Suisse/Tremont Hedge Fund
Credit Suisse/Tremont Investable Hedge Fund Index Completes Semi-Annual Rebalancing for April 2007
New York, April 17, 2007--The Credit Suisse Index Co., Inc
announced that as of April 1, 2007, the Credit Suisse/Tremont
Investable Hedge Fund Index (“INVX”) completed its routine semi
annual rebalancing of funds.
The rebalancing resulted in the addition of four
funds. The Investable Index is constructed on an objective,
rules-based methodology, which includes the following criteria:
Funds are selected from the Credit Suisse/Tremont Hedge Fund
Funds generally represent the six largest eligible "open" funds
in each of the ten sectors
Funds are determined by application of the Investable Index
The funds that were added include: Analytic US Market Neutral, JANA Partners, Mangart Global Fund and BlueTrend Fund. The new constituent funds were added as of
April 1, 2007.
After the rebalancing, the sector weightings for INVX are as follows:
At October 1, 2006 Rebalancing
At April 1, 2007 Rebalancing
|Equity Market Neutral
|Fixed Income Arbitrage
As one of the world's leading banks, Credit Suisse provides its clients with
investment banking, private banking and asset management services worldwide.
Credit Suisse offers advisory services, comprehensive solutions and innovative
products to companies, institutional clients and high-net-worth private clients
globally, as well as retail clients in Switzerland. Credit Suisse is active in
over 50 countries and employs approximately 45,000 people. Credit Suisse's
parent company, Credit Suisse Group, is a leading global financial services
company headquartered in Zurich. Credit Suisse Group's registered shares (CSGN)
are listed in Switzerland and, in the form of American Depositary Shares (CS),
in New York. Further information about Credit Suisse can be found at
In its asset management business, Credit Suisse offers products across the full spectrum of investment classes, ranging from equities, fixed income and multiple-asset class products, to alternative investments such as real estate, hedge funds, private equity and volatility management. Credit Suisse’s asset management business manages portfolios, mutual funds, and other investment vehicles for a broad spectrum of clients ranging from governments, institutions and corporations to private individuals. With offices focused on asset management in 18 countries, Credit Suisse’s asset management business is operated as a globally integrated network to deliver the bank’s best investment ideas and capabilities to clients around the world.
The asset management business of Credit Suisse is comprised of a number of legal
entities around the world that are subject to distinct regulatory requirements;
certain asset management products and services may not be available in all
jurisdictions or to all client types.
Certain statements in this Press Release constitute "forward looking statements"
within the meaning of the Private Securities Litigation Reform Act of 1995.
Such forward-looking statements involve known and unknown risks, uncertainties
and other factors, which may cause the actual results, performance or
achievements of the companies to be materially different from any future
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looking statements to reflect actual results, changes in assumption or changes
in other factors affecting such forward looking statements.
For further information:
Oliver Schupp, Credit Suisse, telephone 212 538 8179, email@example.com
Meg Bode, Bode Associates, telephone 516 869 6610, firstname.lastname@example.org
Suzanne Fleming, Credit Suisse, telephone 212 325 7396, email@example.com