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Alber (German for "fool") refers to one of the four basic guard stances in the German school of fencing (which deals with a number of weapons, primarily the 2-handed longsword). This would pertain to the "physical damage taken -2%" stat.
In the Fool's Guard, the point of the sword is lowered to the ground, appearing to "foolishly" expose the upper parts of the body and inviting an attack. Although the Fool's Guard exposes the upper openings, it does provide excellent protection to the lower openings. From the Fool's Guard an attack or displacement can be made with the false edge of the sword, or the hilt of the sword can be quickly raised into a hanging parry.