AQR Global Equity Fund
Name
As of 03/27/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
13.4%
1 yr return
34.0%
3 Yr Avg Return
9.4%
5 Yr Avg Return
10.8%
Net Assets
$353 M
Holdings in Top 10
25.5%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.84%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
$5,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 03/27/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
AQGIX - Profile
Distributions
- YTD Total Return 13.4%
- 3 Yr Annualized Total Return 9.4%
- 5 Yr Annualized Total Return 10.8%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.28%
- Dividend Yield 2.6%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameAQR Global Equity Fund
-
Fund Family NameAQR Funds
-
Inception DateDec 31, 2009
-
Shares OutstandingN/A
-
Share ClassI
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJohn Liew
Fund Description
AQGIX - Performance
Return Ranking - Trailing
Period | AQGIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 13.4% | -35.6% | 29.2% | 17.90% |
1 Yr | 34.0% | 17.3% | 252.4% | 50.00% |
3 Yr | 9.4%* | -3.5% | 34.6% | 82.36% |
5 Yr | 10.8%* | 0.1% | 32.7% | 69.66% |
10 Yr | 7.9%* | -6.9% | 18.3% | 58.07% |
* Annualized
Return Ranking - Calendar
Period | AQGIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 15.9% | -24.3% | 957.1% | 66.78% |
2022 | -17.8% | -38.3% | 47.1% | 52.84% |
2021 | 5.3% | -54.2% | 0.6% | 76.31% |
2020 | 8.1% | -76.0% | 54.1% | 49.19% |
2019 | 20.9% | -26.1% | 47.8% | 89.15% |
Total Return Ranking - Trailing
Period | AQGIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 13.4% | -35.6% | 29.2% | 18.57% |
1 Yr | 34.0% | 11.4% | 252.4% | 46.14% |
3 Yr | 9.4%* | -3.5% | 34.6% | 80.29% |
5 Yr | 10.8%* | 0.1% | 32.7% | 67.92% |
10 Yr | 7.9%* | -6.9% | 18.3% | 56.03% |
* Annualized
Total Return Ranking - Calendar
Period | AQGIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 22.9% | -24.3% | 957.1% | 66.78% |
2022 | -14.1% | -33.1% | 47.1% | 53.22% |
2021 | 18.2% | -44.4% | 1.8% | 83.04% |
2020 | 9.3% | -6.5% | 54.1% | 30.31% |
2019 | 22.6% | -14.4% | 47.8% | 21.85% |
NAV & Total Return History
AQGIX - Holdings
Concentration Analysis
AQGIX | Category Low | Category High | AQGIX % Rank | |
---|---|---|---|---|
Net Assets | 353 M | 199 K | 133 B | 55.81% |
Number of Holdings | 727 | 1 | 9075 | 6.72% |
Net Assets in Top 10 | 83 M | -18 M | 37.6 B | 59.14% |
Weighting of Top 10 | 25.50% | 9.1% | 100.0% | 10.53% |
Top 10 Holdings
- Limited Purpose Cash Investment Fund 7.46%
- Apple, Inc. 3.34%
- Microsoft Corp. 2.85%
- NVIDIA Corp. 2.53%
- Amazon.com, Inc. 2.16%
- Goldman Sachs Financial Square Funds - Treasury Instruments Fund, Institutional Shares 2.12%
- Cisco Systems, Inc. 1.35%
- CVS Health Corp. 1.27%
- Meta Platforms, Inc., Class A 1.23%
- Alphabet, Inc., Class A 1.20%
Asset Allocation
Weighting | Return Low | Return High | AQGIX % Rank | |
---|---|---|---|---|
Stocks | 85.68% | 61.84% | 125.47% | 32.49% |
Cash | 13.49% | -174.70% | 23.12% | 99.67% |
Other | 0.76% | -13.98% | 19.14% | 0.88% |
Preferred Stocks | 0.07% | -0.01% | 5.28% | 99.89% |
Convertible Bonds | 0.00% | 0.00% | 4.46% | 73.90% |
Bonds | 0.00% | -1.50% | 161.67% | 74.56% |
Stock Sector Breakdown
Weighting | Return Low | Return High | AQGIX % Rank | |
---|---|---|---|---|
Financial Services | 18.79% | 0.00% | 38.42% | 73.79% |
Technology | 18.63% | 0.00% | 49.87% | 21.15% |
Healthcare | 11.89% | 0.00% | 35.42% | 81.94% |
Consumer Cyclical | 11.46% | 0.00% | 40.94% | 24.89% |
Industrials | 9.77% | 0.00% | 44.06% | 33.81% |
Energy | 9.48% | 0.00% | 21.15% | 55.18% |
Consumer Defense | 6.08% | 0.00% | 73.28% | 60.68% |
Basic Materials | 4.96% | 0.00% | 38.60% | 5.73% |
Communication Services | 4.17% | 0.00% | 57.66% | 83.37% |
Utilities | 2.84% | 0.00% | 29.12% | 32.27% |
Real Estate | 1.92% | 0.00% | 39.48% | 35.02% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | AQGIX % Rank | |
---|---|---|---|---|
US | 59.42% | 0.13% | 103.82% | 12.33% |
Non US | 26.25% | 0.58% | 99.46% | 87.67% |
AQGIX - Expenses
Operational Fees
AQGIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.84% | 0.01% | 44.27% | 78.68% |
Management Fee | 0.60% | 0.00% | 1.82% | 30.85% |
12b-1 Fee | N/A | 0.00% | 1.00% | 8.26% |
Administrative Fee | N/A | 0.01% | 0.76% | N/A |
Sales Fees
AQGIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
AQGIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
AQGIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 0.00% | 395.00% | 86.81% |
AQGIX - Distributions
Dividend Yield Analysis
AQGIX | Category Low | Category High | AQGIX % Rank | |
---|---|---|---|---|
Dividend Yield | 2.60% | 0.00% | 3.26% | 73.30% |
Dividend Distribution Analysis
AQGIX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annually | Annually | Annually |
Net Income Ratio Analysis
AQGIX | Category Low | Category High | AQGIX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.28% | -4.27% | 12.65% | 50.00% |
Capital Gain Distribution Analysis
AQGIX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 19, 2023 | $0.571 | OrdinaryDividend |
Dec 20, 2022 | $0.362 | OrdinaryDividend |
Dec 23, 2020 | $0.111 | OrdinaryDividend |
Dec 24, 2019 | $0.124 | OrdinaryDividend |
Dec 20, 2018 | $0.134 | OrdinaryDividend |
Dec 21, 2017 | $0.080 | OrdinaryDividend |
Dec 21, 2016 | $0.178 | OrdinaryDividend |
Dec 22, 2015 | $0.007 | OrdinaryDividend |
Dec 22, 2014 | $0.148 | OrdinaryDividend |
Dec 23, 2013 | $0.391 | OrdinaryDividend |
Dec 17, 2012 | $0.287 | OrdinaryDividend |
Dec 20, 2010 | $0.358 | OrdinaryDividend |
AQGIX - Fund Manager Analysis
Managers
John Liew
Start Date
Tenure
Tenure Rank
Dec 31, 2009
12.42
12.4%
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.
Clifford Asness
Start Date
Tenure
Tenure Rank
Dec 31, 2009
12.42
12.4%
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.
Lars Nielsen
Start Date
Tenure
Tenure Rank
Jan 01, 2020
2.41
2.4%
Nielsen is a Principal of AQR Capital Management. Mr. Nielsen joined AQR in 2000 and currently serves as the co-head of portfolio management, research, risk and trading. He earned a B.Sc. and an M.Sc. in economics from the University of Copenhagen. Prior to joining the Adviser in 2000, he was an Analyst in the Quantitative Research Group of Danske Invest.
Andrea Frazzini
Start Date
Tenure
Tenure Rank
Jan 01, 2020
2.41
2.4%
Andrea Frazzini is a Principal at AQR Capital Management, where he is the Head of our Global Stock Selection team. He is also an Adjunct Professor of Finance at New York University’s Stern School of Business. He has published in top academic journals and won several awards for his research, including the Smith Breeden Award, the Fama-DFA Prize, the BGI Michael Brennan Award, several Bernstein Fabozzi/Jacobs Levy Awards and the PanAgora Crowell Memorial Prize. Prior to joining AQR, Andrea was an associate professor of finance at the University of Chicago’s Graduate School of Business and a Research Associate at the National Bureau of Economic Research. He also served as a consultant for DKR Capital Partners and J.P. Morgan Securities and was on the board of directors of the Center for Research in Security Prices at the University of Chicago. He earned a B.S. in economics from the University of Roma Tre, an M.S. in economics from the London School of Economics and a Ph.D. in economics from Yale University.
Jordan Brooks
Start Date
Tenure
Tenure Rank
Jan 01, 2022
0.41
0.4%
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.
John Huss
Start Date
Tenure
Tenure Rank
Jan 01, 2022
0.41
0.4%
John J. Huss, Principal, rejoined AQR in 2013 and oversees multi-asset class strategies as a researcher and portfolio manager. Mr. Huss rejoined the AQR Capital Management in 2013 and is a portfolio manager for the firm’s World Allocation strategy where he focuses on macroeconomic and portfolio construction research for risk parity and other asset allocation strategies. Prior to rejoining the firm, where he first worked from 2004 to 2008, Mr. Huss was a vice president in RBC’s Global Arbitrage and Trading division and a systematic portfolio manager for Tudor Investment Corp. Mr. Huss earned a B.S. in mathematics from the Massachusetts Institute of Technology.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.01 | 35.82 | 6.24 | 1.25 |