Data as of 6/30/10

Currency Exposures (%)
  AQR GEF MSCI World Fund-Index
Australian Dollar 4.9% 3.7% 1.2%
British Pound 12.8% 9.5% 3.3%
Canadian Dollar 0.2% 5.2% -5.0%
Danish Krone 0.4% 0.5% 0.0%
Euro -0.4% 13.4% -13.8%
Hong Kong Dollar 1.2% 1.2% 0.0%
Japanese Yen 13.6% 10.5% 3.1%
New Israeli Sheqel 0.0% 0.4% -0.4%
New Zealand Dollar -0.5% 0.0% -0.6%
Norwegian Krone 10.3% 0.3% 10.0%
Singapore Dollar 0.8% 0.8% 0.0%
Swedish Krona 7.0% 1.3% 5.7%
Swiss Franc 6.3% 3.6% 2.6%
US Dollar 43.4% 49.6% -6.2%
Total 100.0% 100.0% 0.0%
Sector Exposures (%)
  AQR GEF MSCI World Fund-Index
Consumer Discretionary 11.7% 9.9% 1.8%
Consumer Staples 10.4% 10.5% -0.1%
Energy 11.2% 10.0% 1.2%
Financials 18.7% 20.5% -1.8%
Health Care 10.3% 10.2% 0.1%
Industrials 14.3% 11.0% 3.4%
Information Technology 9.6% 12.0% -2.4
Materials 7.2% 7.3% -0.1%
Telecom Services 4.0% 4.2% -0.3%
Utilities 2.7% 4.4% -1.7%
Total 100.0%  100.0%  0.0% 

Additional Fund Information
  Class N Shares Class I Shares
Ticker AQGNX AQGIX
CUSIP 00203H206 00203H875
Minimum Investment $5,000 $1 Million
12b-1 Fee 0.25% None
Gross Expense Ratio* 1.34% 0.95%
Net Expense Ratio** 1.20% 0.85%
Expense Cap*** 1.20% 0.85%
 
Country Exposures (%)
  AQR GEF MSCI World Fund-Index
Australia -3.0% 3.7% -6.7%
Austria 0.0% 0.1% -0.1%
Belgium 0.4% 0.4% -0.1%
Canada 2.8% 5.2% -2.4%
Denmark 0.7% 0.5% 0.3%
Finland 0.5% 0.5% 0.1%
France 7.5% 4.4% 3.1%
Germany 5.9% 3.5% 2.4%
Greece 0.0% 0.1% -0.1%
Hong Kong -1.7% 1.2% -2.9%
Ireland 0.0% 0.1% -0.1%
Israel 0.0% 0.4% -0.4%
Italy 3.9% 1.3% 2.6%
Japan 7.2% 10.5% -3.3%
Netherlands 5.4% 1.2% 4.2%
New Zealand 0.0% 0.0% 0.0%
Norway 0.0% 0.3% -0.3%
Portugal 0.0% 0.1% -0.1%
Singapore 0.8% 0.8% 0.0%
Spain 3.2% 1.6% 1.6%
Sweden 1.4% 1.3% 0.1%
Switzerland 3.3% 3.6% -0.3%
United Kingdom 13.3% 9.5% 3.8%
United States 46.1% 49.6% -3.5%
Total 97.7% 100.0% -2.3%
Top Ten Holdings(%)
  % of Net Assets
Exxon Mobil Corp 1.8%
Microsoft Corp 1.1%
Nestle SA 1.1%
The Proctor and Gamble Co 1.1%
Chevron Corp 1.1%
Johnson & Johnson 1.1%
International Business Machines Corp 1.0%
AT&T Inc 1.0%
JPMorgan Chase & Co 0.9%
Novartis AG 0.9%
Total 11.0%
Portfolio Statistics
  AQR GEF MSCI World
# of Stocks 731 1657
Avg Mkt Cap ($MM) 56,028 56,524
Median Market Cap ($MM) 7,556 6,735
P/E (trailing) 13.0 14.9
P/B 1.6 1.79
Total Net Assets 340 N/A


Foreign investing involves special risks such as currency fluctuations and political uncertainty. The use of derivatives exposes the Fund to additional risks including increased volatility, lack of liquidity, and possible losses greater than the Fund's initial investment as well as increased transaction costs.

† All Fund Statistics are subject to change.  Portfolio holdings are subject to change and should not be considered a recommendation to buy or sell securities.

* The Gross Expense Ratio includes all categories of expenses before any expense reductions or fee waivers.

** The Net Expense Ratio per the Fund’s latest Prospectus after expense reductions or fee waivers.
*** The Adviser has contractually agreed until at least December 31, 2010 to waive its management fee and/or reimburse expenses of the Fund to the extent necessary to maintain the total annual fund operating expenses at the stated levels, exclusive of certain expenses such as acquired fund fees and extraordinary expenses. See the Prospectus for additional details.



Global Equity Fund
. The Fund uses derivatives to manage its country and currency exposures. The use of derivatives exposes the Fund to additional risks including increased volatility, lack of liquidity, and possible losses greater than the Fund's initial investment as well as increased transaction costs. Foreign investing involves special risks such as currency fluctuations and political uncertainty.

 


All AQR Funds
. An investment in any of the AQR Funds involves risk, including loss of principal. The value of the Funds’ portfolio holdings may fluctuate in response to events specific to the companies in which the Fund invests, as well as economic, political or social events in the United States or abroad. Please refer to the prospectus for complete information regarding all risks associated with the Funds.

An investor considering the Funds should be able to tolerate potentially wide price fluctuations. The Funds are subject to high portfolio turnover risk as a result of frequent trading, and thus, will incur a higher level of brokerage fees and commissions, and cause a higher level of tax liability to shareholders in the Funds. The Funds may attempt to increase its income or total return through the use of securities lending, and they may be subject to the possibility of additional loss as a result of this investment technique.