The AQR Diversified Arbitrage Fund - Class R6 (ticker: QDARX) is a mutual fund that aims to provide investors with a diversified portfolio of investments that utilize arbitrage strategies. This fund is managed by AQR Capital Management, a leading investment firm known for its quantitative and alternative investment strategies. Class R6 shares are typically offered to institutional investors and have lower fees compared to other share classes. The fund's objective is to generate consistent returns by taking advantage of pricing discrepancies in the market through various arbitrage techniques, such as merger arbitrage, convertible arbitrage, and statistical arbitrage. This fund may be suitable for investors seeking a more sophisticated and potentially higher-risk investment option.