DIVAS Premia Income
ISIN: CH0365134631
Performance
Investment Overview
The DIVAS Premia Income uses an exclusive «put writing strategy» on global equity indices, along with active portfolio management and strict risk management. The goal is to achieve a «cash-plus return» with an additional premium of 1-4% above the risk-free interest rate. The fund addresses the limitations of passive strategies and structured products. It has a low beta and low correlation to bonds and equities. By consistently harvesting option premiums and implementing rigorous risk management, the fund aims to provide steady returns across different market cycles, enhancing the return potential and stability of traditional multi-asset portfolios.
Key Benefits
Attractive Income with controlled risk
Designed to harvest equity volatility with a target of 2–4% annualized excess return over cash, with risk characteristics closer to fixed income than equities.
Volatility as a Structural Return Source
Returns are driven by structural volatility premia, not market direction and providing a persistent income stream across market regimes.
Distinctive Methodology
A combination of systematic option writing and active management. Our qualitative overlay is designed to mitigate drawdowns during stress periods, distinguishing our performance from purely systematic peers.
A Smart Fixed Income Alternative
Generating yield independent of duration and credit constraints with a compelling payoff profile.
Tax-Efficient Distributions
A structural advantage for Swiss investors. By treating a portion of coupons as capital gains, we aim to significantly improve the effective after-tax yield.
Fund Managers
Daniel Habshush
Daniel brings a vast experience and knowledge in the retail and institutional derivatives market of over 20 years, where he has held management positions such as Head of Cross Asset Derivatives Switzerland and Head of Equity Derivatives Switzerland, Germany and Israel for Citigroup and Société Générale.
Giuseppe Traviglia
Giuseppe Traviglia, CFA, is the Chief Investment Officer (CIO) at DIVAS Asset Management, responsible for shaping the investment strategy of the firm’s multi-asset solutions. With over 20 years of experience, Giuseppe brings deep expertise in asset allocation, factor investing and quantitative strategies. Previously, he led quantitative and derivative investment solutions at Credit Suisse and UBS, where he managed the CS Multi-Asset Premia Fund and unconstrained multi-asset portfolios. He was also a Member of the Investment Management Committee and of the Global Asset Allocation Committee. Giuseppe holds an Executive MBA with honors, a Master of Science in Economics with honors and a Master in Quantitative Finance. He is a CFA Charterholder.
Contact
Performance Reports
Here you can access the monthly performance reports of our fund.
DIVAS Premia Income Monthly Report October 2025