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AQR Global Defensive Equity UCITS B3 EUR

Ranked 1482 out of 3331 in - Global over 12 months
All calculations are in USD unless stated

Managed by

Andrea Frazzini

Andrea Frazzini is a principal on AQR’s Global Stock Selection team, focusing on research and portfolio management of the firm’s long/short and long-only equity strategies. He is also an adjunct professor of finance at New York University’s Stern School of Business. He has published in top academic journals and won several awards for his research. Prior to AQR, Frazzini was an associate professor of finance at the University of Chicago’s Graduate School of Business and a research associate at the National Bureau of Economic Research. He also served as a consultant for DKR Capital Partners and J.P. Morgan Securities and on the board of directors of the Center for Research in Security Prices at the University of Chicago. He earned a B.S. in economics from the University of Roma Tre, an M.S. in economics from the London School of Economics and a Ph.D. in economics from Yale University.

Jacques Friedman

Jacques A. Friedman is a principal and head of AQR’s Global Stock Selection team. He is involved in all aspects of research, portfolio management and strategy development for the firm’s equity products and strategies. He is also a member of both the firm’s Strategic Planning and Risk Committees. Prior to joining AQR at its inception in 1998, Friedman was with Goldman, Sachs & Co., where he developed quantitative stock-selection strategies within the asset management division. Before joining Goldman, he was pursuing a Ph.D. in applied mathematics at the University of Washington, where his research interests ranged from mathematical physics to quantitative methods for sports handicapping. Friedman earned a B.S. in applied mathematics from Brown University and an M.S. in applied mathematics from the University of Washington.

Hoon Kim

Hoon Kim is the head of equity portfolio management in AQR’s Global Stock Selection group, responsible for the day-to-day portfolio management decisions for all long-short and long-only equity strategies. He has contributed to advancements in various areas of investment strategy and process, including alpha signal research, portfolio construction, performance attribution and portfolio analytics. He also played a key role in building AQR’s defensive equity strategies. Prior to AQR, he was the head of quantitative equity research at Mellon Capital Management in San Francisco. Kim earned a B.A. in business administration from Yonsei University in South Korea, and an M.B.A. and a Ph.D. in business/accounting from Carnegie Mellon University. He is a CPA (in Korea) and a CFA charterholder.

Objective

The Fund is actively managed and pursues a defensive strategy, seeking to provide downside protection with upside potential through active stock selection, risk management and diversification. The Fund pursues its objective by investing its assets in equity or equity related securities of global issuers. An issuer will be considered a global issuer if it is organised, domiciled, or has a principal place of business in a country that is part of the Morgan Stanley Capital International Inc. World Total Return Index, (Net), U.S. Dollar unhedged).

Performance

Global over : 31/07/2017 - 31/07/2018
  • Rank 1482/3331 Total Return
  • Rank 102/3331 Standard Deviation
  • Rank 333/3331 Max Drawdown
Fund Name Currency Loss
331 Fidelity Funds SMART Gl Mdt A USD (SGD) USD

-4.8%

331 OYSTER World Opportunities C USD HP

Currency exposure is hedged

Currency exposure is hedged

USD

-4.8%

333 Dreyfus Global Stock Fund;I USD

-4.8%

333 AQR Global Defensive Equity UCITS B3 EUR USD

-4.8%

333 LBBW Global Equity USD

-4.8%

333 BMO Tactical Global Growth ETF Series A USD

-4.8%

333 Janus Henderson Global Sustainable Equity A Inc USD

-4.8%

333 BL Global Equities B Cap USD

-4.8%

Total Return

Quarterly Performance

to 30/06/2018 Annual Q1 Q2 Q3 Q4
2018 -1.9% 2.2%
2017 21.5% 6.8% 4.8% 2.9% 5.5%
2016 7.3% 5.1% 2.7% 2.6% -3.1%
2015 -0.3% 1.6% -1.6% -5.5% 5.5%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Austria
  2. Chile
  3. Colombia
  4. Denmark
  5. Finland
  6. France
  7. Germany
  8. Iceland
  9. Ireland
  10. Italy
  11. Luxembourg
  12. Netherlands
  13. Norway
  14. Peru
  15. Sweden
  16. Switzerland
  17. United Kingdom

Fund Info

  • Launch date02/12/2014
  • Share Class size27Mn
  • Base currencyEUR
  • ISIN LU1128247316

Purchase Info

  • Min. initial investment160Mn
  • Min. regular additional investment0

Charges

  • Annual management0.25%
  • Initial investment0.00%

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).