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Portfolio > Mutual Funds

Seven Credit Suisse Funds Add Exit Fees

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July 15, 2002 — Seven Credit Suisse mutual funds that invest in foreign companies will add redemption fees in September in an effort to discourage investors from rapidly buying and selling shares.

The 2% fees, disclosed in a regulatory filing, will apply to Advisor class shares of the funds that are bought on or after Sept. 16 and are sold within 30 days. The fees will be paid to the funds to offset costs associated with short-term trading.

The fees will be added to Credit Suisse International Focus/Adv (CUFAX), Credit Suisse Emerging Markets/A (CUMKX), Credit Suisse Global Post Venture Capital/A (CPVAX), Credit Suisse Japan Growth/A (CUJAX), Credit Suisse Global Health Sciences/A (CUHAX), Credit Suisse Global Technology/A (CUTCX) and Credit Suisse European Equity/A (CUEAX).


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