Fact sheet: AQR Style Prm UCTS

Fund information
Fund name
AQR Style Premia UCITS K
Fund manager company
FundRock Management Company S.
Fund type
Offshore Fund
Fund managers
  • Michael Katzsince 01/10/2014
  • Jacques A. Friedmansince 01/10/2014
  • Andrea Frazzinisince 01/10/2014
  • Ronen Israelsince 01/10/2014
Fund objective
The Fund seeks to produce high risk-adjusted returns while maintaining low-to-zero correlation to traditional markets.
Benchmark
  • ML 3 Month T Bill Index
Investment style
Multi Strategy
Investment method
Mixed
Quick stats
1 Year return
2.1%
1 Year rank in sector
53/133
Sector
FO Hedge/Stru Prod - Mixed
Yield
-
Fund size
£896m
Top in this sector
Fund name1 Year
H2O MultiStrategies26.1%
GLG Mkt Neutral25.4%
Castellain Value23.2%
LFIS VisionPremiaOpps19.4%
Pimco GIS Stk Pl17.9%
...more in FO Hedge/Stru Prod - Mixed

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.2%1.4%3.9%2.1%--
Sector-0.3%0.7%0.5%0.8%3.8%6.3%
Rank within sector80 / 15043 / 15220 / 14453 / 133--
Quartile3rd2nd1st2nd
Calendar performance
 YTD - 20172016201520142013
Fund1.2%0.6%---
Sector0.8%-0.5%-0.6%5.1%1.4%
Rank within sector62 / 15060 / 128---
Quartile2nd2nd
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
-
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
-
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
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Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
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Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
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Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
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R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
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Price movement
52 week high105.52
52 week low99.69
Current bid price-
Current offer price-
Current mid price105.24
Region
No data available.
Industry sector
No data available.
Asset type
1International Equities39.01%
2Money Market0.25%
3Fixed Interest-6.43%
Individual holdings
1CONSOLIDATED EDISON INC0.95%
2XCEL ENERGY INC0.93%
3PUBLIC SERVICE ENTERPRISE GROUP INC0.9%
4AMERICAN ELECTRIC POWER CO INC0.89%
5TYSON FOODS INC(DEL)0.78%
6WASTE MANAGEMENT INC0.75%
7HUNTINGTON INGALLS INDUSTRIES INC0.71%
8LEAR CORP0.65%
9INGREDION INC0.58%
Management
Fund manager group
RBS
Fund manager company
FundRock Management Company S.
Fund type
Offshore Fund
Fund objective
The Fund seeks to produce high risk-adjusted returns while maintaining low-to-zero correlation to traditional markets.
Benchmark
  • ML 3 Month T Bill Index
Investment style
Multi Strategy
Investment method
Mixed
Fund managers
NameSinceBiography
Michael Katz01/10/2014Michael is a Principal on AQR’s Global Asset Allocation team. In this role, he oversees macro, fixed income and inflation research. He is also part of the portfolio management teams for multi-strategy hedge funds, macro and long-only equity products. Prior to AQR, Michael was a teaching fellow and research assistant at Harvard University, a teaching and research assistant at Tel Aviv University and a consultant for Trigger Ltd. (now Trigger-Foresight Ltd.). He also served as an intelligence officer in the Israeli Defense Forces, achieving the rank of Major. His research has been published in the Financial Analysts Journal and the Review of Financial Studies.  Michael earned a B.A. in economics and Middle East history, with honors, from Tel Aviv University, and a Ph.D. and an A.M. in economics from Harvard University.
Jacques A. Friedman01/10/2014Jacques is a Principal and head of AQR’s Global Stock Selection team. In this role, he is involved in all aspects of research, portfolio management and strategy development for the firm’s equity products and strategies. He is also a member of both the firm’s Strategic Planning and Risk Committees. Prior to joining AQR at its inception in 1998, Jacques was with Goldman, Sachs & Co., where he developed quantitative stock-selection strategies within the asset management division. Before joining Goldman, he was pursuing a Ph.D. in applied mathematics at the University of Washington, where his research interests ranged from mathematical physics to quantitative methods for sports handicapping. Jacques earned a B.S. in applied mathematics from Brown University and an M.S. in applied mathematics from the University of Washington.
Andrea Frazzini01/10/2014Andrea is a Principal on AQR’s Global Stock Selection team, focusing on research and portfolio management of the Firm’s Long/Short and Long-Only equity strategies. 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 award, the BGI best paper award, several Bernstein Fabozzi/Jacobs Levy Awards, and the PanAgora Crowell Memorial Prize. Prior to 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 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.
Ronen Israel01/10/2014Ronen’s primary focus is on portfolio management and research. He was instrumental in helping to build AQR’s Global Stock Selection group and its initial algorithmic trading capabilities, and now runs the Global Alternative Premia group, which employs various investing styles across asset classes. He has received an Outstanding Article award as part of the 17th Annual Bernstein Fabozzi/Jacobs Levy Awards from The Journal of Portfolio Management in 2015 and the Special Distinction Award as part of the Harry M. Markowitz Prize for the best paper published in the Journal of Investment Management in 2015. He is on the executive board of the University of Pennsylvania’s Jerome Fisher Program in Management and Technology, is an adjunct professor of finance at New York University, has been a guest speaker at Harvard, Columbia, the University of Pennsylvania and the University of Chicago, and is a frequent conference speaker. Prior to AQR, he was a senior analyst at Quantitative Financial Strategies Inc. Ronen earned a B.S. in economics from the Wharton School at the University of Pennsylvania, a B.A.S. in biomedical science from the University of Pennsylvania’s School of Engineering and Applied Science, and an M.A. in mathematics, specializing in mathematical finance, from Columbia.
Compliance
Transparent for Austrian Tax, Reporting Fund Status, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Austria, Germany, Denmark, Spain, Finland, France, United Kingdom, Ireland, Iceland, Italy, Luxembourg, Netherlands, Norway, Offshore, Sweden
AQR Style Premia UCITS A
Initial charge-
Annual charge0.6%
Min single investment£100,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price113.23
CurrencyUSD
Price updated24/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFVGM
AQR Style Premia UCITS B
Initial charge-
Annual charge0.6%
Min single investment£100,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price111.86
CurrencyEUR
Price updated24/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFVYE
AQR Style Premia UCITS C
Initial charge-
Annual charge0.6%
Min single investment£100,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price114.21
CurrencyGBP
Price updated24/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFVYF
AQR Style Premia UCITS D
Initial charge-
Annual charge0.6%
Min single investment£100,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price111.68
CurrencyCHF
Price updated24/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFVYG
AQR Style Premia UCITS E
Initial charge-
Annual charge0.5%
Min single investment£100,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price112.67
CurrencyEUR
Price updated24/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFVYH
AQR Style Premia UCITS F
Initial charge-
Annual charge0.5%
Min single investment£100,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price114.24
CurrencyGBP
Price updated24/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFVYI
AQR Style Premia UCITS G
Initial charge-
Annual charge1.3%
Min single investment£100,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price113.05
CurrencyEUR
Price updated24/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFVYJ
AQR Style Premia UCITS H
Initial charge-
Annual charge0.5%
Min single investment£80,000,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price102.37
CurrencyEUR
Price updated24/03/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeE0VN
AQR Style Premia UCITS I
Initial charge-
Annual charge0.95%
Min single investment£500,000,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.1%
Bid price-
Offer price-
Mid price105.45
CurrencyUSD
Price updated24/03/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeE6KU
AQR Style Premia UCITS J
Initial charge-
Annual charge0.95%
Min single investment£400,000,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.1%
Bid price-
Offer price-
Mid price100.79
CurrencyEUR
Price updated24/03/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeE6KV
AQR Style Premia UCITS K
Initial charge-
Annual charge0.95%
Min single investment£333,000,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.1%
Bid price-
Offer price-
Mid price105.24
CurrencyGBP
Price updated24/03/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeE6KW
AQR Style Premia UCITS M
Initial charge-
Annual charge0.5%
Min single investment£100,000,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.65%
Bid price-
Offer price-
Mid price100.42
CurrencyUSD
Price updated24/03/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeE6BZ
AQR Style Premia UCITS N
Initial charge-
Annual charge0.5%
Min single investment£100,000,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.65%
Bid price-
Offer price-
Mid price98.41
CurrencyCHF
Price updated24/03/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeE6GP
AQR Style Premia UCITS O
Initial charge-
Annual charge1%
Min single investment£100,000,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.15%
Bid price-
Offer price-
Mid price-
CurrencyGBP
Price updated01/01/1900
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeNT0D
AQR Style Premia UCITS P
Initial charge-
Annual charge1%
Min single investment£1,200,000,000
Min regular saving£1,000,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.15%
Bid price-
Offer price-
Mid price-
CurrencySEK
Price updated01/01/1900
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeNT0E
AQR Style Premia UCITS Q
Initial charge-
Annual charge1.35%
Min single investment£100,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.5%
Bid price-
Offer price-
Mid price-
CurrencyUSD
Price updated01/01/1900
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeNT0F
AQR Style Premia UCITS S
Initial charge-
Annual charge1.35%
Min single investment£100,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.5%
Bid price-
Offer price-
Mid price-
CurrencyEUR
Price updated01/01/1900
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeNT0G
AQR Style Premia UCITS T
Initial charge-
Annual charge1.35%
Min single investment£100,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.5%
Bid price-
Offer price-
Mid price-
CurrencyGBP
Price updated01/01/1900
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeNT0H
AQR Style Premia UCITS U
Initial charge-
Annual charge1.35%
Min single investment£100,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.5%
Bid price-
Offer price-
Mid price-
CurrencyCHF
Price updated01/01/1900
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeNT0I
AQR Style Premia UCITS V
Initial charge-
Annual charge1%
Min single investment£100,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.15%
Bid price-
Offer price-
Mid price-
CurrencyUSD
Price updated01/01/1900
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeNT0J
AQR Style Premia UCITS W
Initial charge-
Annual charge1%
Min single investment£100,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.15%
Bid price-
Offer price-
Mid price-
CurrencyEUR
Price updated01/01/1900
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeNT0K
AQR Style Premia UCITS X
Initial charge-
Annual charge1%
Min single investment£100,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.15%
Bid price-
Offer price-
Mid price-
CurrencyGBP
Price updated01/01/1900
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeNT0L
AQR Style Premia UCITS Y
Initial charge-
Annual charge1%
Min single investment£100,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.15%
Bid price-
Offer price-
Mid price-
CurrencyCHF
Price updated01/01/1900
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeNT0M
Data provided by

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You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.