AQR MS Fusion HV N (QHFNX)

Fund Assets	81.06M
Expense Ratio	9.163%
Min. Investment	$50,000,000
Turnover	278.00%
Dividend (ttm)	n/a
Dividend Yield	n/a
Dividend Growth	n/a
Payout Frequency	n/a
Ex-Dividend Date	n/a

Previous Close	13.42
YTD Return	12.61%
1-Year Return	23.24%
5-Year Return	n/a
52-Week Low	10.37
52-Week High	13.57
Beta (5Y)	n/a
Holdings	4867
Inception Date	n/a

About QHFNX

AQR MS Fusion HV Fund Class N is a multi-strategy mutual fund designed to pursue capital appreciation through a diversified blend of U.S. equity market exposure and sophisticated alternative investment strategies. Managed by AQR Capital Management, the fund stands out by integrating a higher-volatility approach aimed at investors seeking greater capital efficiency. It combines a strategic equity portfolio with long-short alternative investment techniques, employing market neutral global macro, directional global macro, and equity market neutral global stock selection strategies. This construction allows the fund to serve both as a core equity allocation and a gateway to alternative strategies within a single, tax-aware investment solution. The fund’s structure is intended to closely track the beta of U.S. equities over a normal market cycle, while the higher-volatility variant seeks amplified return and risk characteristics. By drawing on AQR’s extensive experience in long-short and tax-aware methodologies, AQR MS Fusion HV Fund Class N targets investors looking for a comprehensive, innovative approach to portfolio diversification within the mutual fund landscape.

• Fund Family: AQR Funds
• Stock Exchange: Nasdaq
• Ticker Symbol: QHFNX
• Share Class: Class N

Performance

QHFNX had a total return of 23.24% in the past year, including dividends. Since the fund's inception, the average annual return has been 24.42%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
QHFRX	Class R6	8.54%
QHFIX	Class I	8.69%

Top 10 Holdings

53.23% of assets

Name	Symbol	Weight
Limited Purpose Cash Investment Fund	n/a	24.14%
United States of America - U.S. Treasury Bills	B.0 08.27.26	9.10%
United States of America - U.S. Treasury Bills	B.0 11.19.26	7.03%
Micron Technology, Inc.	MU	2.00%
Murata Manufacturing Co., Ltd.	6981	1.98%
Siemens Energy AG	ENR	1.93%
Sanofi	SAN	1.85%
Wells Fargo & Company	WFC	1.81%
Allianz SE	ALV	1.70%
Rolls-Royce Holdings plc	RR	1.69%

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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