QRCRX

About QRCRX

AQR Risk-Balanced Commodities Strategy Fund Class R6 is a mutual fund designed to provide diversified exposure to global commodities markets through a systematic, risk-balanced approach. The fund primarily invests in a wide array of commodity futures contracts, including energy, agricultural products, livestock, soft commodities (such as coffee, sugar, and cocoa), precious and base metals, and alternative liquid assets. Its investment objective centers on achieving total return by dynamically allocating risk across different commodity sectors, rather than simply by capital invested, which aims to mitigate concentration risk and improve risk-adjusted returns. The fund utilizes proprietary risk models to forecast volatility and correlation among its holdings, with recent portfolios showing risk allocation across sectors such as energies (approximately 29%), base metals (19%), precious metals (17%), agriculturals (14%), softs (9%), livestock (2%), and alternative liquid strategies (11%) as of March 2025. This structure allows the fund to adjust exposures in response to evolving market conditions and maintain a targeted volatility level, typically ranging between 10% and 22%. Managed by AQR Capital Management, the fund occupies a significant role in the market for investors seeking diversified, professionally managed commodity exposure while aiming for attractive long-term, risk-adjusted performance.