Alternative funds

Alternative investments allow you to depart from the traditional equity/bond framework. This approach contributes to a better spread of risk without making concessions on returns. For individual investors, it is easier to access via a fund.

What is an alternative fund?

Alternative funds differ from traditional ones either by the type of portfolio asset or the specific nature of their investment policy. Their aim is to optimise a portfolio's risk/return ratio by including asset classes like real estate and commodities that have little correlation with traditional investments. They can also integrate investment strategies like quantitative management or an absolute return objective that enable financial market inefficiencies to be exploited.


  • Optimal risk distribution via broad diversification, even with limited initial capital.   
  • Large long-term potential return
  • Made to measure: alternative sub-funds exist to match every investor profile – conservative, defensive, neutral, dynamic and aggressive.
  • Puts inaccessible markets or sophisticated management techniques within reach of the private investor at little cost. 
  • Good liquidity: most alternative funds are traded daily based on their net asset value.
  • Highly specialised management by genuine experts in their fields or based on advanced mathematical models. 


There are various types of alternative fund, with very diverse risks. Before making an investment decision, investors are asked to read the official documentation that among other aspects describes the risks inherent in the sub-fund, recommended investment horizon and risk category.

Choose the alternative fund that suits you

To afford a place for alternative investments in your portfolio, base your choice above all on your investor profile as well as on the overall profile of your portfolio. While real estate and commodities are generally the reserve of investors accustomed to financial risks, there are funds that place the benefits of quantitative management within the reach of all – and even the most cautious – investors.


Get full details

The four sub-funds – without fixed maturity or capital protection – of the Luxembourg FCP BNP Paribas Fortis Quam Fund and the BNP Paribas B Fund II Quam Bonds sub-fund of the Belgian SICAV BNP Paribas B Fund II have a twofold objective*:

  • to take advantage of the performance of financial markets when they are trending favourably;
  • to prevent falling prices from negatively affecting the performance achieved when trending downwards.


To achieve this twofold objective*, they are based on

  • purely quantitative management, not influenced by any human emotion;
  • very active, flexible management allowing rapid and decisive reallocations within the portfolio;
  • risk control;
  • an investment in funds offering the best market trends.


* Although the investment policy is focused entirely on achieving this objective, no guarantee can be given in this respect.

Including asset classes offering a weak correlation with traditional assets such as equities and bonds in a well-diversified portfolio helps to optimise the risk/return ratio. Real estate and commodities are the main asset categories of this type that come to mind.



Information leaflet on Financial Instruments (pdf) Fee schedule for principal securities transactions (pdf)