3 AQR Mutual Funds for Long-Term Returns

AQR Capital Management, based in Greenwich, CT is a global investment management company that provides a wide range of mutual funds based on a quantitative, analytical approach. AQR applies an understanding of economics, behavioral finance and data science to develop investment solutions. Some of the mutual funds that are provided by AQR include traditional long-only funds and liquid alternatives which are designed to help in diversification and risk management to achieve higher returns. AQR mutual funds are based on the concept of risk-adjusted returns, thus trying to achieve returns in the long run, irrespective of the market conditions. All these factors make AQR mutual funds reliable choices for investments.   We have chosen three AQR mutual funds — AQR Long-Short Equity Fund QLENX, AQR Equity Market Neutral Fund QMNNX and AQR Large Cap Momentum Style AMONX — that investors should buy now for the long term. These funds have a Zacks Mutual Fund Rank #1 (Strong Buy) or 2 (Buy), positive three-year and five-year annualized returns, minimum initial investments within $5000 and expense ratios considerably lower than the category average. So, these funds have provided a comparatively stronger performance and carry a lower fee.AQR Long-Short Equity Fund invests most of its assets in equity-related and derivative instruments, which track the performance of equity instruments, such as equity swaps equity index futures, exchange-traded funds, and similar pooled investment vehicles.Andrea Frazzini has been the lead manager of QLENX since July 16, 2013. Most of the fund’s holdings were in companies like Short-Term Investment (78.5%), Other (14.2%) and Amazon.com, Inc. (1.2%) as of June 30, 2024.QLENX’s 3-year and 5-year annualized returns are 27.1% and 16.2%, respectively. Its net expense ratio is 1.55%. QLENX has a Zacks Mutual Fund Rank #1.To see how this fund performed compared to its category, and other 1 and 2 Ranked Mutual Funds, please click here.AQR Equity Market Neutral Fund invests most of its assets in equity instruments and related derivative instruments.Andrea Frazzini has been the lead manager of QMNNX since Oct. 7, 2014. Most of the fund’s holdings were in companies like Short-Term Investment (81.6%), Other (9.6%) and GSK plc (1.2%) as of Sept. 30, 2024.QMNNX’s 3-year and 5-year annualized returns are 24.6% and 10.9%, respectively. Its net expense ratio is 1.55%. QMNNX has a Zacks Mutual Fund Rank #1.AQR Large Cap Momentum Style fund invests in equity and equity-related securities of large-cap companies with positive momentum, traded on U.S. exchanges or over-the-counter markets.Andrea Frazzini has been the lead manager of AMONX since Oct. 7, 2014. Most of the fund’s holdings were in companies like NVIDIA Corp (7.6%), Microsoft Corp (6.6%) and Short-Term Investment (4.4%) as of Sept. 30, 2024.AMONX’s 3-year and 5-year annualized returns are 9.5% and 15.7%, respectively. Its net expense ratio is 0.65%. AMONX has a Zacks Mutual Fund Rank #2.Want key mutual fund info delivered straight to your inbox?Zacks' free Fund Newsletter will brief you on top news and analysis, as well as top-performing mutual funds, each week. Get it free >>7 Best Stocks for the Next 30 DaysJust released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops."Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.1% per year. So be sure to give these hand picked 7 your immediate attention. See them now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Get Your Free (QLENX): Fund Analysis Report Get Your Free (QMNNX): Fund Analysis Report Get Your Free (AMONX): Fund Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks