BCV Multi-Strategy Fund, Swiss Subfund in the category of "other alternative investment funds" invests in alternative collective investment schemes (target funds) that employ investment techniques where the risks cannot be compared to funds invested in traditional securities. The target funds are of all types, open or closed, listed or unlisted on exchanges, or on other regulated markets open to the public, and having various legal forms. This Subfund seeks long-term growth with moderate correlation to equities and bonds, while targeting average volatility and risk control through strict and rigorous selection, diversification, and monitoring of the target funds and their portfolio managers. It invests at least 51% of its assets in target funds according to its alternative strategies. No particular strategy is over preferred, selection is based on market opportunities and the manager's convictions. The Subfund must invest in at least 5 different strategies. In order to gain exposure to alternative strategies, the Sub-fund is also allowed, in an incidental manner, to use derivatives, including via indices.