QMNIX – AQR Equity Market Neutral I Investment Strategy | Morningstar

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Strategy

The investment seeks positive absolute returns. The fund is designed to be market- or beta-neutral, which means that the fund seeks to achieve returns that are not closely correlated with the returns of the equity markets in which the fund invests. Under normal market conditions, it pursues its investment objective by investing at least 80% of its net assets (including borrowings for investment purposes) in equity instruments and equity related and/or derivative instruments.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
QMNNX	AQR Equity Market Neutral Fund Class N	No Load	Limited			Oct 7, 2014	$117.68M	1.620%	High	$2,500	−$58.75M
QMNIX	AQR Equity Market Neutral Fund Class I	Institutional	Limited			Oct 7, 2014	$1.26B	1.340%	Above Average	$5M	−$34.60M
QMNRX	AQR Equity Market Neutral Fund Class R6	Retirement, Large	Limited			Oct 7, 2014	$2.24B	1.220%	High	$50M	$928.60M

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