AQR Trend Total Return Fund Class I (QNZIX) Diversifiers

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.