The PIMCO TRENDS Managed Futures Strategy Fund Institutional Class seeks positive, risk-adjusted returns by employing a quantitative trading strategy designed to capture price trends in global financial markets and commodities.

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PQTIX

The investment seeks positive, risk-adjusted returns, consistent with prudent investment management.  The fund seeks to achieve its investment objective by pursuing a quantitative trading strategy intended to capture the persistence of price trends (up and/or down) observed in global financial markets and commodities. It will invest under normal circumstances in derivative instruments linked to interest rates, currencies, mortgages, credit, commodities (including individual commodities and commodity indices), equity indices and volatility-related instruments.

PQTPX

The AQR CVX Fusion Fund seeks capital appreciation by investing long and short in liquid futures and other instruments across global equities, fixed income, currencies, and commodities markets, fused with exposure to the S&P 500 Total Return Index. Positions are based on proprietary signals that aim to go long markets with positive trends and short markets with falling trends.

QCFIX

QCFNX

QCFRX

The adviser allocates the fund's assets among four major asset classes (commodities, currencies, fixed income and equities). It gains exposure to asset classes by investing in more than 100 futures contracts, futures-related instruments, forwards and swaps, including, but not limited to, commodity futures, forwards and swaps; currencies, currency futures and forwards; equities, equity index futures, equity swaps and volatility futures; bond futures and swaps; interest rate futures and swaps and credit default index swaps.

QMHIX

The AQR Managed Futures Strategy HV Fund seeks positive absolute returns by investing long and short in liquid futures and other instruments across global equities, fixed income, currencies, and commodities markets, based on proprietary signals that aim to go long markets with positive trends and short markets with falling trends.

QMHNX

The AQR Trend Total Return Fund is a systematic trend-following mutual fund that allocates assets across four major asset classes: equities, fixed income, currencies, and commodities. The fund uses a wide range of trend-following signals to go long assets that are improving and short assets that are deteriorating, combining price-based and fundamental signals to capture trends. The fund targets a 0.5 beta to the S&P 500. Formerly known as AQR Sustainable Long-Short Equity Carbon Aware Fund, the fund was repurposed to its current strategy effective August 19, 2024.

QNZIX

Seeks capital appreciation by allocating assets among equities, fixed income, currencies, and commodities using a systematic trend-following model that goes long on improving assets and short on deteriorating ones, targeting diversification across asset classes and trend measures with a 0.5 beta to the S&P 500 Index.

QNZNX

Utilizing a quantitative and tactical approach, the fund implements an investment strategy that seeks to hold a diversified portfolio of securities, ETFs, open-end investment companies and/or closed-end investment companies within any of the following asset classes when, in the view of the Adviser, various risk measurements show the potential to produce positive returns: domestic and international small-cap equities; growth and income equities; preferred securities; convertible bonds; high yield bonds and leveraged loans; emerging market bonds; and REITs.

RWSIX

The advisor intends to invest in multiple proprietary and third-party investment strategies that seek to identify and profit from upcoming movements in any combination of global fixed income, currency, commodity, or equity markets. It will invest at least 80% of its net assets, plus any borrowings for investment purposes, in "managed futures." It also may invest up to 25% of its assets in municipal securities. The fund may invest up to 25% of its total assets in a wholly-owned and controlled Cayman Islands subsidiary as measured at the end of every quarter of its taxable year.

Symbol	Full Name	Category	Inception	Expense Ratio	YTD Return	10Y Return (Annualized)	Dividend Yield	Risk / Return Rank
PQTIX	PIMCO TRENDS Managed Futures Strategy Fund Institu...	Systematic Trend	Jan 2, 2014	1.54%	3.93%	3.79%	0.00%	49
PQTPX	PIMCO TRENDS Managed Futures Strategy Fund	Systematic Trend	Dec 30, 2013	1.51%	3.86%	3.67%	0.00%	55
QCFIX	AQR CVX Fusion Fund Class I	Systematic Trend	Jun 18, 2025	2.17%	0.90%	—	7.75%	—
QCFNX	AQR CVX Fusion Fund Class N	Systematic Trend	Jun 18, 2025	2.42%	0.90%	—	7.65%	—
QCFRX	AQR CVX Fusion Fund Class R6	Systematic Trend	Jun 18, 2025	2.07%	0.90%	—	7.77%	—
QMHIX	AQR Managed Futures Strategy HV Fund	Systematic Trend	Jul 15, 2013	1.65%	13.91%	4.95%	1.80%	88
QMHNX	AQR Managed Futures Strategy HV Fund Class N	Systematic Trend	Jul 16, 2013	4.12%	13.82%	4.69%	1.66%	85
QNZIX	AQR Trend Total Return Fund Class I	Systematic Trend	Dec 16, 2021	1.27%	6.97%	—	1.00%	92
QNZNX	AQR Trend Total Return Fund	Systematic Trend	Dec 16, 2021	1.52%	6.92%	—	0.80%	91
RWSIX	Redwood Systematic Macro Trend ("SMarT") Fund	Systematic Trend	Nov 1, 2017	1.30%	0.51%	—	4.49%	5
RYMTX	Guggenheim Managed Futures Strategy Fund	Systematic Trend	Mar 1, 2007	1.75%	6.91%	2.72%	5.64%	82

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Risk vs. Return Scatterplot