QSERX – AQR Small Cap Multi-Style R6 Investment Strategy | Morningstar

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Strategy

The investment seeks long-term capital appreciation. The fund pursues its investment objective by investing, under normal market conditions, at least 80% of its net assets (including borrowings for investment purposes) in equity or equity-related securities (including, but not limited to, exchange-traded funds, equity index futures, equity swaps, equity index swaps and real estate investment trusts or REIT-like entities) of small-cap companies. It generally invests in small-cap U.S. companies, which the Adviser generally considers to be those companies with market capitalizations within the range of the Russell 2000® Index at the time of purchase.

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
QSMNX	AQR Small Cap Multi-Style Fund Class N	No Load	Open			Mar 26, 2013	$76.73M	0.920%	Below Average	$2,500	$1.47M
QSMLX	AQR Small Cap Multi-Style Fund Class I	Institutional	Open			Mar 26, 2013	$196.47M	0.660%	Low	$5M	$948,527.31
QSERX	AQR Small Cap Multi-Style Fund Class R6	Retirement, Large	Open			Jul 10, 2014	$109.62M	0.520%	Low	$50M	$13.81M

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