AQR Funds: AQR Global Equity Fund; Class I Shares (AQGIX)

9.56 -1.54%
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Bull case
10-year return above the benchmark
No sales load or distribution fees
Bear case
Low net assets
3-year return below the benchmark
5-year return below the benchmark
High expense ratio

Bull case

  1. AQGIX 10-year return is 11.26%, which is in line with the 10-year return of the benchmark index (MSCI World NR USD), 12.42%.
  2. Good news: this fund does not have 12b1, front-end or back-end sales fees.

Bear case

  1. AQGIX net assets are $16.70 million. This fund is not a popular choice with retail investors.
  2. AQGIX 3-year return is 15.46%, which is lower than the 3-year return of the benchmark index (MSCI World NR USD), 20.26%.
  3. AQGIX 5-year return is 10.72%, which is lower than the 5-year return of the benchmark index (MSCI World NR USD), 14.23%.
  4. AQGIX expense ratio is 0.8%, which is not negligible. Is the fund expensive to you, and does it align to your investment strategy?