There are two existing Liquid Alternative funds in product shelf. JPMorgan Global Macro Opportunities Fund adopts Global Macro strategy and BlackRock Americas Diversified Equity Absolute Return Fund adopts market neutral strategy (focus on volatility control). While the fund adopts classic long/short equity strategy which typically makes use of shorting stocks to work buying and holding the best-ranked stocks for a designated period and works well for balancing the return generation and the drawdown control that comes in investing. This strategy is suitable for clients who want to participate the equity market (especially the more aggresive 'growth' style equity market) with managed volatility and limited drawdown.