Just to sort out the differences which by their name alone doesn’t appear to be much…
· Credit Suisse International Fixed Interest is a global bond fund and has been sold to Aberdeen…its quite a conservative fund that invests in very high rated fixed interest investments…on the other hand…
· Credit Suisse Global Income is a global credit fund that is regarded as “Alternative Income” with significant allocations to lower rated bonds and has not been sold to Aberdeen, is retained by Credit Suisse.
Massive difference in performance too…International Fixed Interest returned an excellent +12.17% for 2008 whilst Global Income returned an awful –33.31%!!! Strangely, the poor performer is higher rated by research agency Lonsec whilst the other is not…but, personally, I expect their returns for 2009 to reverse so am comfortable with their ratings (which is driven by the Aberdeen purchase).