LU2622097769

GBP 

AQR Emerging Equity Extension UCITS Fund RAGFPR GBP

Thesaurierend 

Luxemburg 

Alternative Investm. 

Andrea Frazzini, Michele Aghassi, Laura Serban

Emerging Markets 

- 

16.08.2023

AI Hedgefonds Single Strategie 

01.04.

Österreich, Deutschland, Schweiz, Luxemburg 

The Fund´s investment objective is to outperform the MSCI Emerging Markets Total Return Index with Net Dividends Unhedged in USD Index (the "Benchmark"). The Fund aims to have a longterm average forecasted tracking error (measure of the deviation from the Benchmark) of 3% to 5% relative to the Benchmark. To achieve its objective, the Fund will use various strategies based on value, momentum and additional economic factors based on stock and industry selection models. "Value" strategies seek investments that seem to be incorrectly valued by the market and therefore have the potential to increase in value when the market corrects its error in valuation. "Momentum" strategies seek to capture the tendency that an asset´s recent performance will continue in the near future. The Fund will invest mainly in equity securities either directly or indirectly using financial instruments (derivatives). The Fund promotes environmental, social and governance ("ESG") characteristics and takes ESG factors into account, such as by excluding approximately 10% of companies with the weakest ESG scores and fossil-fuels related stock from the long side of the portfolio. In light of the integration of ESG factors applied to the investment strategy, the Fund discloses in accordance with Article 8 of the Regulation (EU) 2019/2088 on sustainability-related disclosures in the financial services sector. A portion of the Fund´s assets may be held in cash or cash-equivalent investments, including short-term investment funds. The Fund generally invests in large and medium companies included in the Benchmark or located in countries included in the Benchmark at the time of purchase. The Fund may hold long and short positions. This means that the Fund may hold positions directly, the value of which will rise or fall based on their market value (long positions) and use financial instruments (derivatives) in order to benefit from the decline in value of investments (short positions).