AQR Alternative Risk Premia Fund — new fund registration

AQR Funds registered fund series on Form 485APOS, filed 2021-01-13. Featured series: AQR Alternative Risk Premia Fund.

Registration

Registrant / trust: AQR Funds
CIK: 0001444822
Form: 485APOS
Filed: 2021-01-13
State of incorporation: DE
Accession: 0001193125-21-008167
Reported net assets: $485.6M

Series & classes (3)

Series	Class	Ticker	New
AQR Alternative Risk Premia Fund	Class N	QRPNX	—
AQR Alternative Risk Premia Fund	Class I	QRPIX	—
AQR Alternative Risk Premia Fund	Class R6	QRPRX	—

Fees (from the effective prospectus)

12b-1 fee: 0.25%
Gross expense ratio: 5.35%
Management fee: 1.20%
Net expense ratio: 5.31%
Other expenses: 3.87%

Investment objective

The AQR Alternative Risk Premia Fund (the Fund) seeks positive absolute returns. As further described under Details About the AQR Alternative Risk Premia 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)