https://www.sec.gov/Archives/edgar/data/1444822/000119312519075970/d668829d497.htm497 1 d668829d497.htm AQR FUNDS SUPPLEMENT
AQR FUNDS
Supplement dated March 15, 2019 (“Supplement”)
to the Class I Shares and Class N Shares Prospectus
and the Class R6 Shares Prospectus,
each dated May 1, 2018, as amended (the “Prospectuses”),
of the AQR Diversified Arbitrage Fund, AQR Equity Market Neutral Fund,
AQR Long-Short Equity Fund and AQR Multi-Strategy Alternative Fund
(the “Funds”)
This Supplement updates certain information contained in the Prospectuses. Please review this important information carefully. You may obtain copies of the Funds’ Prospectuses and Statement of Additional Information free of charge, upon request, by calling (866) 290-2688, or by writing to AQR Funds, P.O. Box 2248, Denver, CO 80201-2248.
Effective immediately, the AQR Diversified Arbitrage Fund, AQR Equity Market Neutral Fund, AQR Long-Short Equity Fund and AQR Multi-Strategy Alternative Fund are no longer closed to new investors. Accordingly, all references in the Funds’ Prospectuses to the AQR Diversified Arbitrage Fund, AQR Equity Market Neutral Fund, AQR Long-Short Equity Fund and AQR Multi-Strategy Alternative Fund being closed to new investors are hereby deleted in their entirety from the Prospectuses.
Please refer to the section entitled “Investing With the AQR Funds” beginning on page 171 of each Prospectus for a description of investors eligible to invest in the AQR Diversified Arbitrage Fund, AQR Equity Market Neutral Fund, AQR Long-Short Equity Fund and AQR Multi-Strategy Alternative Fund.
PLEASE RETAIN THIS SUPPLEMENT FOR YOUR FUTURE REFERENCE
Comments
You beat me to it.....
Regards,
Ted
http://mutualfunds.com/themes/alternative-funds/#complete-list&sort_name=net_assets&sort_order=desc&page=1
http://barrons.wsj.net/public/page/9_0204-trmfy.html
But if the market does a major drop in the next year or so (and it very well may not) you can bet that I'll be buying, hopefully somewhat near the bottom.
Plus, as Old_Joe states below there are multiple accounts that I'm dealing with.
In our case we have at least five MM funds- three at American Funds (one each for our two IRA accounts, and one for taxable... all are AFAXX), one at American Century (CPFXX), and one at Schwab (SWKXX).
The reduced risk for me especially plays out after I retire. The cash is the draw-down bucket where I won't have to pull living expenses out in a bear market, giving time for the equity side to recover. That is risk prevention for me.