AQR Large Cap Defensive Style will undergo a major strategy overhaul on or after May 12, 2026. At that time, it will transition to a long-short portfolio and tether its overall risk to the Russell 1000 Index. A Process Pillar downgrade to Average from Above Average is warranted until more is known about the updated strategy.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable AUEIX’s performance objective and investment process is for both security selection and portfolio construction.
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