Investment Objective
The Fund seeks to outperform the S&P 500 Total Return Index (unhedged) (the “Benchmark”) by combining two complementary sources of return:
- Passive exposure to the Benchmark via derivatives.
- AQR’s Adaptive Equities Strategy, a systematic, diversified, equity-market neutral investment approach that represents our fullest expression of alpha research and innovation.
Reference Index
S&P 500 Index
Performance
| JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC | YTD | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 0.1 | 0.7 | 0.2 | 0.1 | 0.0 | 0.5 | 0.2 | 0.2 | 0.2 | 0.6 | 0.4 | 0.1 | 0.8 | |
| 2024 | 0.6 | 1.0 | 0.7 | 0.7 | 0.8 | 0.1 | 0.8 | 0.1 | 0.1 | 0.4 | 0.6 | 0.2 | 0.8 |
