AQR Wholesale DELTA Fund - Class 1F
About this Fund
|FUND MANAGER||AQR Capital Management, LLC|
|INVESTMENT STYLE||The Fund provides a diversified portfolio of alternative trading strategies, using a bottom-up, dynamic investment process.|
|INVESTMENT PROFILE||The Fund aims to produce high risk-adjusted returns in excess of the Benchmark while targeting a low correlation to traditional markets over the medium to long term (i.e., 5-7 years).|
|CURRENCY MANAGEMENT||Active management|
|BENCHMARK||Bloomberg AusBond Bank Bill Index|
|FUND SIZE||Bloomberg AusBond Bank Bill Index|
|NO. OF HOLDINGS|
|FEES||1.41% per annum of the NAV|
Benefits of investing in the AQR Wholesale DELTA Fund - Class 1F
About the Fund
The investment objective for the Fund is to seek to efficiently capture a diversified set of classic hedge fund strategies and deliver them to investors in a transparent and liquid vehicle with low correlation to traditional asset classes over a long time horizon. Using a bottom-up, clearly defined investment process, the Fund seeks to provide exposure to numerous "hedge fund risk premiums across three broad strategy groups with a dynamic and disciplined investment process that aims to provide risk-balanced exposure to the underlying strategies.
Using a bottom-up, clearly defined investment process, the Fund seeks to provide exposure to more than sixty "hedge fund risk premiums across nine broad strategy groups with a dynamic and disciplined investment process that aims to provide risk-balanced exposure to the underlying strategies. The Fund currently has exposure to the following groups of strategies: Long/Short Equity, Equity Market Neutral, Global Macro, Emerging Markets, Convertible and Volatility Arbitrage, Managed Futures, Dedicated Short Bias, Event Driven and Fixed Income Relative Value. The Fund may also hold cash or cash equivalents (including, but not limited to, cash trusts).
How we invest your money
The Fund currently has exposure (through its investment in the Master Fund) to Arbitrage, Stock Selection and Macro investment strategies. These strategies are explained below under the sub-heading Implementation'. The Fund may also hold cash or cash equivalents from time to time (including, but not limited to, cash trusts).
AQR makes no guarantee that the strategy it employs on behalf of the Fund will remain as above or below, that any component of such strategy will not be discontinued or that the strategy's goals will not change over time. However, should a material change to the investment strategy be contemplated by AQR you will be provided advance notice of such change.
AQR implements the Fund's and Master Fund's portfolio using whatever financial instruments are deemed appropriate by AQR. These include, but are not limited to, the instruments noted under each strategy described below. There are no material diversification requirements, allocation ranges, limitations or restrictions on the particular categories or the magnitude of the Fund's investments, or on the investment strategies and techniques to be utilised by AQR. AQR may, at any time, discontinue using any of the below financial instruments or may add additional financial instruments.
The following provides a general description of the investment strategies currently implemented by the Master Fund:
In order to gain exposure to any of the above investment strategies, the Investment Manager may invest substantially all or a portion of the assets of the Master Fund in a portfolio of hedge funds sponsored by AQR or one of its affiliates. Neither AQR nor any affiliated investment manager will earn any fee in respect of a placement of the Fund's assets (through its indirect investment in the Master Fund) with such fund sponsored by AQR or one of its affiliates.