AQR Large Cap Defensive Style Fund (AUEIX)
AQR Large Cap Defensive Style Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Greenwich, CT, US. The stock last traded at $19.60, down 0.15% on the session, giving a market capitalisation of $1.12B. Its beta of 0.48 implies it has historically moved less than the broad market.
This fund employs a "defensive" investment approach. Its core objective is to mitigate potential losses during market downturns while still capturing opportunities for capital appreciation. This is achieved through a combination of diligent stock selection, stringent risk management protocols, and strategic portfolio diversification. Typically, the fund commits a minimum of 80% of its total net assets (which includes any borrowed funds used for investment) to equity securities issued by large-capitalization companies, under normal market circumstances. Although its primary emphasis is on these large-cap entities, the fund retains the flexibility to invest in companies across the entire market capitalization spectrum. From time to time, the investment adviser may, at their discretion, allocate capital to small- and mid-cap companies.
AQR Large Cap Defensive Style Fund is most often compared with the following Financial Services names: