About QGMNX
AQR Macro Opportunities Fund Class N is an alternative mutual fund designed to seek positive absolute returns by investing across a global, multi-asset universe. The fund employs a market-neutral, macro trading strategy that combines both systematic and discretionary approaches, leveraging quantitative models and fundamental macroeconomic analysis. Its investment universe is broad, encompassing global equities, fixed income securities, currencies, and commodities, and the fund takes both long and short positions to capitalize on macroeconomic trends and pricing inefficiencies.
The primary objective of the fund is to provide returns with low correlation to traditional asset classes, thereby enhancing portfolio diversification. A distinctive feature is its opportunistic flexibility; it is not confined to any single asset class and actively allocates capital based on prevailing macroeconomic signals, such as growth, inflation, interest rates, and policy trends. The fund also seeks to mitigate systemic risk and may take significant directional positions during periods of market stress. Overall, AQR Macro Opportunities Fund Class N serves as a sophisticated tool for investors seeking exposure to diversified global macro strategies within a risk-managed, liquid framework.
Fund Family AQR Funds
Category Macro Trading
Performance Rating Below Average
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol QGMNX
Share Class Class N
Index ICE BofA US 3-Month T Bill TR IX
QGMNX had a total return of 6.05% in the past year, including dividends. Since the fund's
inception, the average annual return has been 3.40%.
