About QRPNX
AQR Alternative Risk Premia Fund Class N is a multi-strategy mutual fund designed to capture returns from a variety of alternative risk premia across global markets. The fund strategically invests both long and short in asset classes including equities, fixed income, currencies, and commodities, seeking to deliver positive absolute returns with moderate volatility. Notably, the fund employs five distinct investment styles: value, momentum, carry, defensive, and trend, implemented through both direct holdings and derivatives. This approach aims to provide diversification benefits with low correlation to traditional equity, bond, and credit markets, making it an appealing option for investors seeking to complement conventional portfolios. In addition, the fund manages trading decisions with a tax-aware approach to help improve after-tax returns for shareholders. Managed by AQR Capital Management since its inception in 2017, AQR Alternative Risk Premia Fund Class N serves as an integrated alternative solution, consolidating multiple sources of alternative returns into a single, systematically managed vehicle.
Fund Family AQR Funds
Category Multistrategy
Performance Rating High
Risk Rating High
Stock Exchange NASDAQ
Ticker Symbol QRPNX
Share Class Class N
Index ICE BofA US 3-Month T Bill TR IX
QRPNX had a total return of 34.95% in the past year, including dividends. Since the fund's
inception, the average annual return has been 8.87%.
