AQR Equity Market Neutral Fund - Class I (QMNIX)

The AQR Equity Market Neutral I fund is structured to provide returns that are largely independent of, or 'beta-neutral' to, the broader equity markets where it invests. This means its performance is designed to be largely uncorrelated with general stock market fluctuations. Under typical market conditions, it achieves this goal by deploying a minimum of 80% of its total net assets—which can include capital obtained through borrowing for investment—into a mix of direct stock holdings, equity-linked instruments, and/or derivative contracts.