The sub-fund BCV Liquid Alternative Beta aims to reproduce the risk/return profile of an investment in a diversified portfolio of hedge funds. To do this, managers invest in the main classes of assets either through direct or indirect positions (futures, swaps, funds) offering a high degree of liquidity. The management style is quantitative. The sub-fund seeks investors who want returns close to that of a diversified investment into hedge funds, with a moderate risk profile and daily liquidity.