|Fund Strategy||Multi Strategy|
|Investment Advisor||AQR Capital Management|
|Portfolio Manager||Ronen Israel|
|Fund AUM (GBP)||£196m|
|Fund AUM as of||14 August 2019|
|Fund Inception||26 January 2011|
|Fund Indices||AH Multi Strategy UCITS Index|
The investment objective of the Fund is to produce high, risk-adjusted returns while targeting a low long term average correlation to the traditional markets. This is achieved through the use of nine sub-strategies including long/sjort equity, global macro, emerging markets, convertible arbitrage, managed futures, dedicated short bias, event driven and fixed income arbitrage. The strategy of the Fund is to efficiently and systematically capture a diversified set of absolute return strategies through one fund offering. Using a bottom-up, clearly defined investment process, the strategy provides transparent exposure to the substrategies and dynamically allocates capital according to the conditional attractiveness of each underlying strategy.