| Morningstar Fund Report | 13/04/2025 |  |
AQR UCITS Funds - AQR Managed Futures UCITS Fund K GBP |
| Performance History | 31/03/2025 |
| Growth of 1,000 (GBP) | Advanced Graph |
 | Fund | -3.7 | 29.7 | 2.1 | 7.9 | 6.6 |
| +/-Cat | - | - | - | - | - |
| +/-B’mrk | - | - | - | - | - |
| Category: Systematic Trend Other | ||||||
| Category Benchmark: - | ||||||
| Key Stats | ||
| NAV 11/04/2025 | GBP 122.66 | |
| Day Change | 0.18% | |
| Morningstar Category™ | Systematic Trend Other | |
| IA (formerly IMA) Sector | Targeted Absolute Return | |
| ISIN | LU1322538627 | |
| Fund Size (Mil) 11/04/2025 | USD 724.22 | |
| Share Class Size (Mil) 11/04/2025 | GBP 0.03 | |
| Max Initial Charge | - | |
| Ongoing Charge 17/02/2025 | 0.79% | |
| Morningstar Research |
| Analyst Report | 20/12/2024 Karen Zaya, Senior Analyst Morningstar, Inc |
Although AQR is much leaner these days, the pace of evolution has been among the highest in the category. Some enhancements are unique, and some are playing catch-up, leaving it unclear whether the strategy has a material edge in a very... | |
| Click here to read this analyst report on the underlying fund. | |
| Morningstar Pillars | |
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| People | 23 |
| Parent | 23 |
| Process | 23 |
| Performance | |
| Price | |
| Investment Objective: AQR UCITS Funds - AQR Managed Futures UCITS Fund K GBP |
| The Fund seeks to produce attractive risk-adjusted returns while maintaining low-to-zero long-term average correlation to traditional markets. The Fund is actively managed and will seek to achieve its Investment Objective by investing in a diversified portfolio of equity, currency, fixed-income instruments and eligible diversified commodity indices, both long and short, in an effort to provide exposure and performance that is, on average, lowly correlated to traditional asset classes. The Fund is not managed in reference to a benchmark. |
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| Management | ||
Manager Name Start Date | ||
John Liew 01/10/2014 | ||
Jordan Brooks 01/03/2022 | ||
| Click here to see others | ||
Inception Date 15/03/2016 | ||
| Category Benchmark | |
| Fund Benchmark | Morningstar Benchmark |
| Not Benchmarked | - |
| Portfolio Profile for AQR UCITS Funds - AQR Managed Futures UCITS Fund K GBP | 30/06/2024 |
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| Growth Of 1000 (GBP) | 31/03/2025 |
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| Annual Returns (GBP) | 31/03/2025 | |||||||
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 31/03 | |
| Price Return | -9.39 | 4.49 | -3.54 | -3.71 | 29.75 | 2.07 | 7.86 | 6.58 |
| +/- Category | - | - | - | - | - | - | - | - |
| +/- Category Index | - | - | - | - | - | - | - | - |
| % Rank in Category | - | |||||||
| Trailing Returns (GBP) | 11/04/2025 | ||
| Total Returns | +/- Category | +/- Category Index | |
| 1 Day | 0.18 | - | - |
| 1 Week | -3.93 | - | - |
| 1 Month | -1.98 | - | - |
| 3 Months | 0.81 | - | - |
| 6 Months | 7.15 | - | - |
| YTD | 2.63 | - | - |
| 1 Year | -2.04 | - | - |
| 3 Years Annualised | 6.88 | - | - |
| 5 Years Annualised | 6.16 | - | - |
| 10 Years Annualised | - | - | - |
| Category: Systematic Trend Other | |||
| Category Index: | |||
| Quarterly Returns (GBP) | 31/03/2025 | |||
| Quarter 1 | Quarter 2 | Quarter 3 | Quarter 4 | |
| 2025 | 6.58 | - | - | - |
| 2024 | 11.18 | -0.94 | -4.24 | 2.28 |
| 2023 | -3.62 | 5.40 | 4.27 | -3.64 |
| 2022 | 16.82 | 9.69 | 4.75 | -3.33 |
| 2021 | 4.01 | -1.68 | -3.07 | -2.84 |
| 2020 | 2.12 | -3.09 | -2.30 | -0.24 |
| Morningstar Rating™(Relative to Category) | - | ||||||||||||||||||||
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| Category : Systematic Trend Other | Click here to see our Methodology | ||||||||||||||||||||
| Volatility Measurements | 31/03/2025 | ||||||||||
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| Modern Portfolio Statistics | - | 31/03/2025 |
| Standard Index | Best Fit Index | |
| Morningstar Greece TME GR EUR | ||
| 3-Yr Beta | - | 0.13 |
| 3-Yr Alpha | - | 1.29 |
| Investment Style Details | 30/06/2024 | ||||||||||||||||||||||||||||||||||||||||
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| Category: Systematic Trend Other | |||||||||||||||||||||||||||||||||||||||||
| Fixed Income Style | - | ||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Asset Allocation | 30/06/2024 |
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| World Regions | 30/06/2024 | ||||||||||||||||||||||||||||||||||||||||||
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| Category: Systematic Trend Other | |||||||||||||||||||||||||||||||||||||||||||
| Sector Weightings | 30/06/2024 | |||
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| Category: Systematic Trend Other | ||||
| Top 10 Holdings | 30/06/2024 |
| Portfolio NEW | |
| Total Number of Equity Holdings | 1869 |
| Total Number of Bond Holdings | 233 |
| Assets in Top 10 Holdings | 22.67 |
| Name | Sector | Country | % of Assets | ||
 Star Compass PLC |  | Ireland | 7.70 | ||
| Star Helios Plc | | Ireland | 7.70 | ||
| UBS (Irl) Sel Money Mkt USD Premier | | Ireland | 7.09 | ||
 Wolf Us Equity Citi Usd (Cfd) | | United States | 0.04 | ||
| Fnd Us Equity Citi Usd (Cfd) | | United States | 0.03 | ||
| Anet Us Equity Citi Usd (Cfd) | | United States | 0.03 | ||
| Alb Us Equity Citi Usd (Cfd) | | United States | 0.02 | ||
| 8725 Jp Equity Citi Jpy (Cfd) | | Japan | 0.02 | ||
| Lly Us Equity Citi Usd (Cfd) | | United States | 0.02 | ||
| Alny Us Equity Citi Usd (Cfd) | | United States | 0.02 | ||
Increase Decrease  New since last portfolio | |||||
| Category: Systematic Trend Other | |||||
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| Biography | |
| Dr. Liew is a Founder and the head of the Global Asset Allocation team at of AQR, overseeing the research, portfolio management and trading associated with that strategy. Prior to AQR, he worked at Goldman, Sachs & Co. as a portfolio manager in the Asset Management Division where he developed and managed quantitative trading strategies. Dr. Liew began his career at Trout Trading, developing quantitative market-neutral stock-selection strategies. Dr Liew has published articles in The Journal of Portfolio Management and Financial Analysts Journal, and has received the Bernstein Fabozzi/Jacobs Levy award and the Graham and Dodd award for his articles. Dr. Liew is a member of the University of Chicago’s Board of Trustees and sits on the university’s investment committee. Dr Liew earned a B.A. in economics, an M.B.A. and a Ph.D. in finance from Chicago. |
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| Fund Manager | Jordan Brooks |
| Manager Start Date | 01/03/2022 |
| Education |
| Boston College, B.A. |
| New York University, M.A. |
| New York University, Ph.D. |
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| Biography | |
| Jordan Brooks is a Principal at AQR Capital Management, where he is the Co-Head of the Macro Strategies Group. In this role, he oversees equity index, fixed income, currency, and risk parity research, and is a portfolio manager for the firm’s risk parity, global macro, and multi-strategy portfolios. Jordan is also a Lecturer in Management at Yale University and an Adjunct Professor of Finance at New York University. He has published numerous articles on fixed income, global macro, and the intersection of asset pricing and macroeconomics. Prior to joining AQR, Jordan was a teaching fellow in the economics department at New York University, and a dissertation intern in the division of monetary affairs at the Federal Reserve Board of Governors and in the capital markets group at the Federal Reserve Bank of New York. Jordan earned a B.A. in economics and mathematics from Boston College, and an M.A. and Ph.D., both in economics, from New York University. |
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| Fund Manager | Erik Stamelos |
| Manager Start Date | 21/01/2022 |
| Education |
| Harvard University, B.A |
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| Biography | |
| Erik Stamelos is a Managing Director of the Adviser. Mr. Stamelos joined the Adviser in 2014 and is a portfolio manager on the Macro Strategies team. Mr. Stamelos earned an A.B. in economics from Harvard University. |
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| Fund Manager | Clifford Asness |
| Manager Start Date | 01/10/2014 |
| Career Start Year | 1991 |
| Education |
| University of Pennsylvania, B.S. |
| 1988, University of Pennsylvania (Wharton), B.S. |
| 1991, University of Chicago, M.B.A. |
| University of Chicago, Ph.D. |
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| Biography | |
| Dr. Asness is a Founder, Managing Principal and Chief Investment Officer at AQR Capital Management. He is an research notable for its relevance and enduring value to investment professionals. Prior to co-founding AQR Capital Management, he was a Managing Director and Director of Quantitative Research for the Asset Management Division of Goldman, Sachs & Co. Dr. Asness is on the editorial board of The Journal of Portfolio Management, the governing board of the Courant Institute of Mathematical Finance at NYU, the Board of Directors of the Q-Group. |
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