AQR MS Fusion N (QMFNX)

Fund Assets	25.71M
Expense Ratio	5.59%
Min. Investment	$5,000,000
Turnover	251.00%
Dividend (ttm)	n/a
Dividend Yield	n/a
Dividend Growth	n/a
Payout Frequency	n/a
Ex-Dividend Date	n/a

Previous Close	12.67
YTD Return	11.52%
1-Year Return	n/a
5-Year Return	n/a
52-Week Low	10.46
52-Week High	12.84
Beta (5Y)	n/a
Holdings	3850
Inception Date	n/a

About QMFNX

AQR MS Fusion Fund Class N is a multi-strategy mutual fund designed to deliver a diversified and risk-balanced investment portfolio. Its primary function is to provide exposure to a combination of lowly correlated alternative strategies alongside traditional equity allocations, allowing investors to benefit from both core equity market participation and alternative sources of return. The fund's distinctive approach includes strategies such as market neutral global macro, directional global macro, and equity market neutral global stock selection, which are integrated to achieve risk and return objectives across varying market conditions. Its structure aims to maintain a portfolio beta close to 1.0 versus U.S. equities over a typical market cycle, making it suitable as a core equity holding with significant diversification benefits. In addition, the fund employs tax-aware implementation to optimize after-tax outcomes for investors. Managed by AQR Capital Management, the fund plays a significant role in offering capital-efficient access to alternatives and equities, serving both institutional and individual investors seeking robust diversification within a mutual fund structure.

• Fund Family: AQR Funds
• Stock Exchange: NASDAQ
• Ticker Symbol: QMFNX
• Share Class: Class N

Other Share Classes

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

Symbol	Share Class	Expense Ratio
QMFRX	Class R6	5.19%
QMFIX	Class I	5.34%

Top 10 Holdings

67.85% of assets

Name	Symbol	Weight
Limited Purpose Cash Investment Fund	n/a	24.93%
United States of America - U.S. Treasury Bills	B.0 05.07.26	10.68%
United States of America - U.S. Treasury Bills	B.0 04.09.26	10.33%
United States of America - U.S. Treasury Bills	B.0 05.14.26	5.64%
United States of America - U.S. Treasury Bills	B.0 04.30.26	4.62%
United States of America - U.S. Treasury Bills	B.0 06.18.26	4.06%
Goldman Sachs FS Treasury Intms Instl	FTIXX	2.82%
United States of America - U.S. Treasury Bills	B.0 07.16.26	2.20%
Edison International	EIX	1.33%
Microsoft Corporation	MSFT	1.24%

Data Sources: Tiingo and Finnhub

Historical data is provided by Tiingo. Several fund data points are also provided by Finnhub.

Last checked:

Aug 28, 2026

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