About QMNRX
AQR Equity Market Neutral Fund Class R6 is an open-end mutual fund managed by AQR Capital Management, LLC, employing a market-neutral investment strategy within the global equity space. Its primary objective is to achieve positive absolute returns regardless of broader market direction by systematically going long on stocks anticipated to outperform and short on those expected to underperform. This approach aims to neutralize exposure to general market movements, providing low correlation with traditional equity indices and targeting returns independent of prevailing equity market trends. The fund leverages quantitative models and proprietary research, analyzing hundreds of investment signals across diversified sectors and geographies, including the United States, Japan, the United Kingdom, and major European markets. With over 2,000 holdings, the fund invests through both direct equity positions and derivatives such as swaps and futures. The strategy serves investors seeking diversification and reduced portfolio volatility, especially in environments of heightened market uncertainty. Since its inception in 2014, the fund has demonstrated a commitment to systematic, data-driven investing, positioning itself as a distinctive player in the alternatives segment of the financial market.
Fund Family AQR Funds
Category Equity Mkt Neutral
Performance Rating Above Average
Risk Rating High
Stock Exchange NASDAQ
Ticker Symbol QMNRX
Share Class Class R6
Index ICE BofA US 3-Month T Bill TR IX
QMNRX had a total return of 4.35% in the past year, including dividends. Since the fund's
inception, the average annual return has been 7.27%.
