Zurich-based derivatives boutique Divas Asset Management has launched two new funds, Citywire Switzerland can reveal.
The SK Enhanced Fund Equities and SK Enhanced Fund Fixed Income funds are sub funds of the DIVAS SK Enhanced Fund.
The managers of the new strategies are the firm’s CEO Daniel Habshush and CIO Konradin Kraemer.
Both funds implement top-down tactical allocation as their main investment approach and use derivative overlay strategies to enhance returns.
Both the SK Enhanced Fund Equities and SK Enhanced Fund Fixed Income funds are diversified and avoid regional biases. However, the fund managers can overweight and underweight specific regions using index funds and derivatives.
The firm already uses both funds internally as building blocks of a CHF 500 million insurance mandate that the firm recently took on.
The funds are available for retail investors for an annual fee of 1.5% and also have institutional share classes at a lower rate.
These two strategies are not the only products that Divas Asset Management has launched recently. In September, the firm unveiled its structured products fund, the DIVAS Global Barrier Coupon fund.