AQR Large Cap Defensive Style Fund Class N

Frequently Asked Questions About AUENX

What does AUENX invest in?

The fund's main goal is to generate total investment returns. It employs a "defensive" investment approach, striving to mitigate downside risk while simultaneously seeking upside potential. This strategy is implemented through active stock picking, robust risk management techniques, and comprehensive diversification. Under typical market conditions, the fund commits at least 80% of its net assets (which may include borrowed funds for investment) to equity instruments issued by large-capitalization companies. While its primary focus is on large-cap firms, the fund possesses the flexibility to invest in companies of any size and may, at the adviser's discretion, periodically allocate capital to small- and mid-cap companies.

What is the expense ratio of AUENX?

AQR Large Cap Defensive Style Fund Class N (AUENX) charges an expense ratio of 0.92%. This is the annual fee deducted from fund assets to cover management and operations.

How big is AUENX?

AQR Large Cap Defensive Style Fund Class N (AUENX) manages $1.02B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is AUENX actively managed or an index fund?

AUENX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was AUENX launched?

AQR Large Cap Defensive Style Fund Class N (AUENX) launched in July 2012 and is managed by the fund issuer.

How has AUENX performed?

AUENX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.