The NBI Liquid Alternatives ETF's investment objective is to provide a positive return while maintaining low correlation to, and lower volatility than, the return of the global equity markets. The NBI Liquid Alternatives ETF will aim to achieve this investment objective regardless of prevailing market conditions or general market direction. The NBI Liquid Alternatives ETF will seek to achieve this objective by investing primarily in long and short positions on financial derivatives that provide exposure to different major global asset classes, such as government bonds, currencies, equities or commodities.