Long-standing AQR principal, co-head of macro strategies, and portfolio manager on a number of strategies, Yao Hua Ooi is departing the firm for a new opportunity. As of June 3, 2024, James Asselin, Fred Liu, and James Lofton have joined AQR Managed Futures Strategy's management roster. John Huss now co-heads the macro strategies group with continuing co-lead Jordan Brooks. Huss will also head the firm’s integrated research efforts across AQR’s equity, macro, multi-asset, and managed-futures offerings. Ooi had been with the firm since 2004 and made considerable contributions to research during his tenure, particularly in the development of the managed-futures strategy. The firm’s team-based approach, however, coupled with the trajectory to enhance cross-collaboration and research integration, dissipates concerns about the loss. And although Ooi’s expertise was an asset here, the continuing contributors and the configuration of resources still support the Above Average People rating and Morningstar Medalist Rating of Neutral across all shares.
AQR Managed Futures Strategy I AQMIX
- NAV / 1-Day Return 8.67 / −0.23 %
- Total Assets 1.5 Bil
-
Adj. Expense Ratio
- Expense Ratio 2.310%
- Distribution Fee Level Low
- Share Class Type Institutional
- Category Systematic Trend
- Alt Style Correlation / Relative Volatility Negative/High
- Min. Initial Investment 5.0 Mil
- Status Open
- TTM Yield 8.18%
- Turnover 0
USD | NAV as of Sep 27, 2024 | 1-Day Return as of Sep 27, 2024, 10:12 PM GMT+0
Morningstar’s Analysis AQMIX
Will AQMIX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 32.4
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Ubs Relationship Fds | 18.41 | 354.1 Mil | — |
Limited Purpose Cash Investment | 14.25 | 274.0 Mil | — |
United States Treasury Bills 0% | 8.18 | 157.2 Mil | Government |
CURRENCY CONTRACT - USD Purchased | 7.35 | 141.3 Mil | Derivative |
CURRENCY CONTRACT - USD Purchased | 7.35 | 141.3 Mil | Derivative |
United States Treasury Bills 0% | 6.80 | 130.7 Mil | Government |
United States Treasury Bills 0% | 6.14 | 118.0 Mil | Government |
United States Treasury Bills 0% | 5.97 | 114.9 Mil | Government |
US DOLLAR | 4.95 | 95.2 Mil | Cash and Equivalents |
US DOLLAR | 4.63 | 89.0 Mil | Cash and Equivalents |