New York (HedgeCo.net) – The DM Swiss Equity Asymmetric Fund completed it’s 2nd successful year of operation at the end of November 2009. The hedge fund outperformed the Swiss Equity market by more than 17% p.a. during that time. Managed by Urs Heinimann and Adrian Peter at Mirabaud & Cie in Zürich the fund achieved an annualized return of 5.02% with annualized volatility running at 3.78%. Comparative numbers for the Swiss Equity Market were -12.27% return and 20.09% volatility.

Equally impressive has been the downside protection investors in the fund have enjoyed. The maximum drawdown experienced was 3.84% during this period with the fund only experiencing negative monthly returns on five separate occasions.

Further, in the period January 2008 through February 2009 the Swiss Equity Market experienced six separate monthly declines greater than 5%, a cumulative decline of more than 50%. The DM Swiss Equity Asymmetric Fund only posted actual declines in three of these six brutal months and with total losses amounting to only 2.72%!

Marc-Etiennne Rouge, partner at Delman SA who distribute the fund commented that the company was extremely pleased with what the fund had achieved in its first two years relative to its stated objectives and also when compared to the broader market. He further commented that the fund was unique in the Swiss Equity pace in terms of it’s structure, approach and objectives and that the fund continued to attract steady inflows having now reached 70m CHF in assets under management.

Delman SA, is a Geneva based company specialising in the creation and the delegation of managed funds, Delman launched the DM Swiss Equity Asymmetric Fund on 30th November 2007 in partnership with Mirabaud and Cie.