AQR Equity Market Neutral Fund — new fund registration

AQR Funds registered 2 new fund series on Form 485APOS, filed 2014-07-03. Featured series: AQR Equity Market Neutral Fund.

Registration

Registrant / trust: AQR Funds
CIK: 0001444822
Form: 485APOS
Filed: 2014-07-03
State of incorporation: DE
Accession: 0001193125-14-260471
Reported net assets: $3.3B

Series & classes (6)

Series	Class	Ticker	New
AQR Equity Market Neutral Fund	Class I	QMNIX	Yes
AQR Equity Market Neutral Fund	Class N	QMNNX	Yes
AQR Equity Market Neutral Fund	Class R6	QMNRX	Yes
AQR Style Premia Alternative LV Fund	Class I	—	Yes
AQR Style Premia Alternative LV Fund	Class N	—	Yes
AQR Style Premia Alternative LV Fund	Class R6	—	Yes

Fees (from the effective prospectus)

12b-1 fee: 0.00%
Gross expense ratio: 6.03%
Management fee: 1.10%
Net expense ratio: 6.03%
Other expenses: 4.90%

Investment objective

The AQR Equity Market Neutral Fund (the Fund) seeks positive absolute returns. As further described under Details About the AQR Equity Market Neutral Fund in the Funds prospectus, a positive absolute return seeks to earn a positive total return over a reasonable period of time regardless of market conditions or general market direction.

Advisers

AQR Capital Management, LLC (Advisor)