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Morningstar

AQR Alternative Risk Premia I QRPIX

Morningstar Medalist Rating
Medalist Rating as of | See AQR Investment Hub
  • NAV / 1-Day Return 11.83  /  +0.42 %
  • Total Assets 220.1 Mil
  • Adj. Expense Ratio
    1.430%
  • Expense Ratio 3.150%
  • Distribution Fee Level Average
  • Share Class Type Institutional
  • Category Multistrategy
  • Alt Style Correlation / Relative Volatility Negative/High
  • Min. Initial Investment 5.0 Mil
  • Status Open
  • TTM Yield 3.75%
  • Turnover 158%

USD | NAV as of Apr 26, 2024 | 1-Day Return as of Apr 26, 2024, 11:02 PM GMT+0

Morningstar’s Analysis QRPIX

Will QRPIX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable QRPIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the QRPIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of QRPIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Ongoing enhancements to further diversify.

Senior Analyst Karen Zaya

Karen Zaya

Senior Analyst

Summary

A tenured team guides AQR Alternative Risk Premia with support from broader firm resources. Recent improvements to the process are sensible but require more time to prove they will be effective in further diversifying the strategy.

by Karen Zaya
Rated on Published on

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Portfolio Holdings QRPIX

More QRPIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings —
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Limited Purpose Cash Investment

32.82 68.2 Mil
—

US DOLLAR

26.35 54.8 Mil
Cash and Equivalents

Ubs Relationship Fds

18.70 38.9 Mil
—

United States Treasury Bills 0%

3.92 8.2 Mil
Government

US DOLLAR

2.75 5.7 Mil
Cash and Equivalents

CURRENCY CONTRACT - USD Purchased

2.31 4.8 Mil
Derivative

CURRENCY CONTRACT - USD Purchased

2.31 4.8 Mil
Derivative

CURRENCY CONTRACT - USD Purchased

2.15 4.5 Mil
Derivative

CURRENCY CONTRACT - USD Purchased

2.15 4.5 Mil
Derivative

CURRENCY CONTRACT - USD Purchased

2.12 4.4 Mil
Derivative