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Address And Details

PO Box 2248 , Denver, CO 80201-2248
Fund Manager Team Managed
Manager Tenure

Strategy And Objective

The AQR Equity Market Neutral Fund (the Fund) seeks positive absolute returns.As further described under Details About the AQR Equity Market Neutral Fund in the Fund prospectus, a positive absolute return seeks to earn a positive total return over a reasonable period of time regardless of market conditions or general market direction. The Fund seeks to provide investors with returns from the potential gains from its long and short equity positions. The Fund is designed to be market- or beta-neutral, which means that the Fund seeks to achieve returns that are not closely correlated with the returns of the equity markets in which the Fund invests. Accordingly, the Adviser, on average, intends to target a portfolio beta of zero over a normal business cycle. Achieving zero portfolio beta would result in returns with no correlation to the equity markets in which the Fund invests over a normal business cycle.Under normal market conditions, the Fund pursues its investment objective by investing at least 80% of its net assets (including borrowings for investment purposes) in equity instruments and equity related and/or derivative instruments. Equity instruments include common stock, preferred stock, depositary receipts and shares or interests in real estate investment trusts (REITs) or REIT-like entities (Equity Instruments). Equity related and/or derivative instruments are investments that provide exposure to the performance of equity instruments, including equity swaps (both single-name and index swaps), equity index futures and exchange-traded funds and similar pooled investment vehicles (collectively, Equity Derivative Instruments and together with Equity Instruments, Instruments).

Net Asset Value

as of 6:08 PM ET 12/07/2021

Performance

  • 1 Week
  • +0.42%
  • 1 Month
  • +4.23%
  • 3 Months
  • +4.84%
  • 1 Yr Return
  • -3.90%
  • 5 Yr Return
  • -40.61%

Equity Sector Breakdown

Finance 2.02%
IndustrialCyclical 0.81%
Technology 0.66%
Utilities 0.59%
Services 0.48%
ConsumerDurables 0.24%
Energy 0.22%
Health 0.05%
NonDurables n/a
RetailTrade n/a

Asset Allocation

Asset Type % Of Allocation
Stocks 7.32%
ForeignStocks 6.13%
Cash 0.00%
Bonds 0.00%
Preferred 0.00%
Convertible 0.00%
Other 0.00%
ForeignBonds 0.00%
ForeignHedged 0.00%
Total Net Assets 4.65 M

Risk Measures

Criteria 3 Years 5 Years 10 Years
Alpha -6.37 -5.88 n/a
Beta -0.09 -0.03 n/a
R Squared 0.03 0.00 n/a
Std Deviation 9.64 8.30 n/a
Sharpe Ratio -0.83 -0.77 n/a

Purchase Information

as of 6:36 PM ET 12/06/2021
Minimum Initial $50000000
Minimum Additional $0
Minimum Initial IRA $0

Performance

Timeframe Average Annual Current Performance Monthly As Of 11/30/2021 Average Annual Current Performance Quarterly As Of 09/30/2021 Avg Annual Current Performance Monthly As Of 11/30/2021 Avg Annual Current Performance Quarterly As Of 09/30/2021
1 Year
  • +10.34%
  • +4.76%
+10.34% +4.76%
3 Year
  • -6.40%
  • -7.94%
-6.40% -7.94%
10 Year
  • n/a
  • n/a
n/a n/a
Life Of Fund
  • -0.33%
  • -0.27%
-0.33% -0.27%

Top 10 Holdings

Symbol Company Name % Of Assets
BZU.MI BUZZI UNICEM SPA 0.76%
UCG:IM UNICREDIT 0.74%
STLA STELLANTIS NV 0.66%
PRY.MI PRYSMIAN SPA 0.56%
CNHI CNH INDUSTRIAL NV 0.53%
TLIT.MI TELECOM ITALIA SPA 0.48%
HRA.MI HERA SPA 0.48%
UNI:IM UNIPOL GRUPPO FINANZIARIO SPA 0.47%
IG.MI ITALGAS 0.44%
BAMI BANCO BPM SPA 0.38%

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