About QRPRX
AQR Alternative Risk Premia Fund Class R6 is an alternative mutual fund designed to deliver positive absolute returns by systematically investing long and short across major global asset classes. Its primary objective is to provide exposure to several risk premia, utilizing investment styles such as value, momentum, carry, defensive, trend, and volatility. The fund diversifies across equities, fixed income, currencies, and commodities, and employs both direct securities and derivatives to achieve targeted exposures.
A hallmark of the fund is its market-neutral, multi-strategy approach, seeking returns with low correlation to traditional equity, bond, and credit markets, thereby offering diversification benefits to investor portfolios. Additionally, it incorporates tax-aware implementation to help mitigate tax impacts associated with alternative investments. With thousands of holdings and significant portfolio turnover, the fund actively manages risk through broad diversification and strategic factor exposure. Since its inception in 2017, it has been managed by a team with deep expertise in quantitative and macro investment strategies, positioning it as a sophisticated option for institutional and high-net-worth investors seeking alternative sources of return.
Fund Family AQR Funds
Category Multistrategy
Performance Rating High
Risk Rating High
Stock Exchange NASDAQ
Ticker Symbol QRPRX
Share Class Class R6
Index ICE BofA US 3-Month T Bill TR IX
QRPRX had a total return of 35.46% in the past year, including dividends. Since the fund's
inception, the average annual return has been 9.25%.
