▶ Our Performance in 2025
Annual Review: Strong Performance Across Our Portfolios
Our portfolios are actively managed using our proprietary rule-based market radar. This system continuously analyzes market conditions, systematically adjusts portfolio composition, and monitors risk exposure. This dynamic, rules-based approach enabled us to achieve solid results even in the volatile environment of 2025.
Multi-Asset Portfolios: Adaptive Equity Allocation
The Multi-Asset portfolios, with a flexible equity allocation range of 20–70%, once again delivered convincing results in 2025. The Dufour Protect mandate, implemented exclusively with ETFs, and the Dufour Swiss Equity mandate, which combines select Swiss equities with ETFs, both benefited from our active allocation control. Despite temporary market setbacks, our strategies generated attractive returns:
- Dufour Protect (Mandate): +10.1%
- Dufour Swiss Equity (Mandate): +14.8%
Global Equity Portfolios with Risk Management: Success Through Selective Steering
Our equity-based strategies with integrated risk management performed particularly well in 2025. Supported by our market radar and option-based protection mechanisms, we were able to reduce exposure during periods of heightened uncertainty. Stock selection follows strict quantitative criteria and is continuously adapted. All portfolios are available as UBS certificates (AMCs):
- Dufour Dynamic Equity Select X30 (CHF): +24.9% CH1338128692
- Dufour Dynamic Equity Select X20 (USD): +37.8% CH1382176928
- Dufour Dynamic Equity Select X10 (CHF): +17.9% CH1405038659
New in 2025: The X20 certificate is now also available in EUR – ISIN: CH1511403839
Swiss Equity Portfolio: Smart Combination of Momentum and Stability
The Dufour Swiss Equity Select mandate applies a rule-based selection combining momentum and stability factors to identify the most attractive Swiss equities. The strategy once again outperformed its benchmark (SPI Index) in 2025:
- Dufour Swiss Equity Select (CHF): +20.8%
Sustainable Equity Portfolios: ESG with Strong Performance
Our sustainable equity strategies, developed in collaboration with Basler Kantonalbank, clearly demonstrated in 2025 that performance and ESG can go hand in hand. Both the global and Swiss-focused strategies were highly successful:
- Dufour Capital / BKB Swiss Equities Momentum Select: +21.2%
- Dufour Capital / BKB Global Equities Select: +24.6%
The Swiss Momentum Fund continues to rank among the top products in its category according to the Citywire Ranking (Top 1–3 depending on the time horizon).
Thank You to Our Clients and Partners
📈 In 2025, our rule-based management once again delivered strong, risk-adjusted performance. We sincerely thank our clients and partners for their continued trust and look forward to another successful year together in 2026.
