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News Event Report: Typhoon Nangka in Japan, July 2015 Typhoon Nangka Made Landfall on 16 July 2015 at 11:07Pm Local Time Near M

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News Event Report: Typhoon Nangka in Japan, July 2015 Typhoon Nangka Made Landfall on 16 July 2015 at 11:07Pm Local Time Near M __________________________________________________ News Event Report: Typhoon Nangka in Japan, July 2015 Typhoon Nangka made landfall on 16 July 2015 at 11:07pm local time near Muroto City, on the eastern coast of Shikoku Island, Japan. Typhoon Nangka has been monitored by our investment team since its development in the Pacific Ocean and on its way towards the Japanese main islands on a daily basis. At its peak, it was a Category 4 Super Typhoon threatening the Japanese mainland with strong winds, heavy rainfall as well as a possible storm surge. Finally, it weakened substantially and was a Category 1 Typhoon at landfall with estimated maximum sustained wind speeds at just over 120 km/h (75 mph) and therefore less intense than pessimistic forecasts predicted. The storm brought very heavy rainfall and strong winds. It has been reported that two people died and 32 have been injured. Building damages were caused mostly due to flooding, although several homes have also reported some wind damage. About 130 houses have been damaged by the flood. In western Japan, the storm caused widespread traffic disruptions. Shikoku Railway canceled all train service Thursday evening. However, significant structural damages from Typhoon Nangka are unlikely with the reported wind speeds of Typhoon Nangka due to the strict and well-enforced construction codes in Japan. As an early estimate, the portfolio manager would expect insurance losses between USD 100m and USD 500m. As such the portfolio manager does not expect an impact from the event based on currently available information. We will keep you updated of any significant developments. __________________________________________________ Contact Credit Suisse Anlagestiftungen Tel. +41 44 333 48 48 E-Mail [email protected] Internet www.credit-suisse.com.anlagestiftung __________________________________________________ 21 July 2015 This document was produced by CREDIT SUISSE (hereafter “CS”) with the greatest of care and to the best of its knowledge and belief. However, CS provides no guarantee with regard to its content and completeness and does not accept any liability for losses which might arise from making use of this information. The opinions expressed in this document are those of CS at the time of writing and are subject to change at any time without notice. If nothing is indicated to the contrary, all figures are not audited. This document is provided for information purposes only and is for the exclusive use of the recipient. It does not constitute an offer or a recommendation to buy or sell financial instruments or banking services and does not release the recipient from exercising his/her own judgment. The recipient is in particular recommended to check that the information provided is in line with his/her own circumstances with regard to any legal, regulatory, tax or other consequences, if necessary with the help of a professional advisor. This document may not be reproduced either in part or in full without the written permission of CS. It is expressly not intended for persons who, due to their nationality or place of residence, are not permitted access to such information under local law. Every investment involves risk, especially with regard to fluctuations in value and return. Investments in foreign currencies involve the additional risk that the foreign currency might lose value against the investor's reference currency. Historical performance is no guarantee for future performance. Alternative investments, derivatives and structured products are complex investment vehicles which typically involve higher risk and are only intended for investors who both understand and accept the associated risks. Investments in emerging markets are generally far more volatile than investments in traditional markets. More detailed information about the risks of trading in securities can be found in the brochure "Special Risks in Securities Trading", issued by the Swiss Bankers Association. Investments in foreign currencies involve the additional risk that the foreign currency might lose value against the investor’s reference currency. The issuer and manager of the CSA-products is Credit Suisse Investment Foundation, Zurich. Custodian bank is Credit Suisse, Zurich. The articles of association, the regulation and the investment guidelines as well as the latest version of the annual report and fact sheets can be obtained free of charge from the Credit Suisse Investment foundation. Only tax-exempt social security institutions domiciled in Switzerland are permitted as direct investors. 2015 Copyright by CREDIT SUISSE .
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