Investment Objective
The Fund seeks to achieve an annual total return of cash + 6% while targeting a volatility level between 6%- 10% in most environments and low long-term correlation to traditional asset classes.
The Fund consists of a global, total return portfolio with exposures to traditional asset classes, alternative risk premia and differentiated alpha sources, delivered in a transparent, liquid vehicle. It is actively managed to maintain a moderate risk level and to preserve balanced risk allocations across three of AQR’s core liquid alternative strategies: Risk-Balanced Market Exposures, Multi-Asset Trend and Market-Neutral Security Selection, deployed across multiple asset classes and regions.
Performance
| JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC | YTD | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 0.7 | 0.9 | 0.5 | 0.2 | 1.0 | 1.0 | 0.9 | 0.7 | 1.0 | 0.0 | 0.8 | 0.0 | 0.4 | |
| 2020 | 0.3 | 0.8 | 0.1 | 1.0 | 0.1 | 0.8 | 0.6 | 0.4 | 0.2 | 1.0 | 0.8 | 0.3 | 0.7 |
