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    AQR Diversified Arbitrage I (ADAIX)

    10.12 Down 0.18(1.75%) Dec 19

    Profile as of Nov 29, 2014Get Profile for:
    AQR Diversified Arbitrage I
    AQR FundsTwo Greewich Plaza,3rd FloorGreenwich, CT 06830
    Phone: 866-290-2688
    Fund Overview 
    Category:Market Neutral
    Fund Family:AQR Funds
    Net Assets:2.50B
    Year-to-Date Return:-3.94%
    Morningstar Rating:3 stars
    Fund Inception Date:Jan 15, 2009
    Morningstar Style Box 
    Market Neutral
    [View Category Definition]
    View Top Market Neutral Funds
    About the Morningstar Style Box
    Management Information 
    Mark Mitchell
    Lead Manager since Jan 15, 2009
    Mitchell, Ph.D. is a co-founder and principal of theCNH Partners. Prior to co-founding the Sub-Adviser, Dr. Mitchell was a finance professor at University of Chicago (1990-1999) and Harvard University (1999-2003).
    Investment Information 
    Min Initial Investment:5,000,000
    Min Initial Investment, IRA:N/A
    Min Initial Investment, AIP:1,000,000
    Min Subsequent Investment:N/A
    Min Subsequent Investment, IRA:N/A
    Min Subsequent Investment, AIP:N/A
    ADAIX can be purchased from 52 brokerages.

    Fund Summary 
    The investment seeks long-term absolute (positive) returns. The fund seeks to outperform, after expenses, the BofA Merrill Lynch 3-Month Treasury Bill Index while seeking to control its tracking risk relative to this benchmark. It invests in a diversified portfolio of instruments, including equities, convertible securities, debt securities, restricted securities and/or Rule 144A securities, loans, warrants, options, swaps (including credit default swaps and credit default index swaps), futures contracts, forwards or other types of derivative instruments.

    Fund Operations 
    Last Dividend (Dec 19, 2013) : 0.27
    Last Cap Gain : 0.00
    Annual Holdings Turnover (Dec 16, 2014) : 349.00%
    Average for Category:329.81%
    Fees & Expenses 
    ExpenseADAIXCategory Avg
    Annual Report Expense Ratio (net):1.20%1.87%
    Prospectus Net Expense Ratio:1.27%N/A
    Prospectus Gross Expense Ratio:1.71%N/A
    Max 12b1 Fee:N/AN/A
    Max Front End Sales Load:N/A5.13%
    Max Deferred Sales Load: N/A1.66%
    3 Yr Expense Projection*:5391,168
    5 Yr Expense Projection*:9281,958
    10 Yr Expense Projection*:2,0193,751
    * Per $10,000 invested