Investment Objective
The Fund is designed to provide investors with a capital efficient allocation combining exposure to AQR’s Delphi Equity Market Neutral Strategy with the MSCI World Index. We believe that the Strategy offers investors an innovative solution by providing access to an uncorrelated and unconstrained alpha return stream within a beta 1 structure. The Delphi Equity Market Neutral investment approach targets long exposure to stocks that exhibit high quality and low risk characteristics whilst shorting the opposite and maintaining overall a very diversified portfolio at all times, with thousands of individual positions long and short.
Reference Index
MSCI World Net Total Return Index (USD)
Performance
| JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC | YTD | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 0.7 | 0.3 | 0.9 | 0.0 | 0.1 | 0.3 | 0.5 | 0.1 | 1.0 | 0.1 | 0.5 | 0.5 | 0.0 | |
| 2024 | 0.8 | 0.8 | 0.7 | 1.0 | 0.5 | 0.7 | 0.9 | 0.7 | 0.3 | 0.4 | 0.4 | 1.0 | 0.2 |
