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Okay I'm going to halt my purchases of AQRNX and ARCNX till end of the year. I worry when fund company starts launching funds like they are going out of style. WTF does it need so many of such funds?
"Style Premia" is referring to 4 different style strategies that the fund intends to invest: Value, Momentum, Carry, Defensive. The fund can be long or short in any style. Apparently, they are trying to capture what academics refer to "risk premium" of each style.
Comments
Sounds like they should be working at Fiat.
I am a skeptical on this fund.