The AQR Style Premia Alternative Fund (QSPIX/QSPNX/QSPRX) and the AQR Style Premia Alternative LV Fund (QSLIX/QSLNX/QSLRX) (collectively, “the Funds”) will be closed to new investors effective at the close of business on March 31, 2016, subject to certain exceptions.

The Funds are closing due to capacity constraints associated with the investment strategy employed by these Funds. Discipline is a cornerstone of AQR’s investment philosophy and we believe this decision serves the best interests of the Funds’ existing investors.  

Below please find the Prospectus Supplements for each of the Funds with further details on the exceptions regarding the closing of the Funds. To briefly summarize, each Fund will be soft-closed, i.e. they will be closed to all new investors, but generally will remain open to:

•A current shareholder of the Fund as of the Closing Date,

•Aqualified defined contribution retirement plan that offers the Fund as aninvestment option as of the Closing Date purchasing shares on behalf of new andexisting participants,

•Aninvestor opening a new account at a financial institution and/or financialintermediary firm that (a) has clients currently invested in the Fund and (b)has been pre-approved by the Adviser to purchase the Fund on behalf of certainof its clients. 

Please review the below Prospectus Supplements for full details regarding the terms for the closing of the Funds.
Class I and N shares
Class R6 shares

An investor should consider investment objectives, risks, charges and expenses carefully before investing. To obtain a prospectus, which contains this and other information, call 1-866-290-2688 or visit www.aqrfunds.com.  Read the prospectus carefully before investing.

An investment in the Fund involves risk, including loss of principal.
The AQR Funds are distributed by ALPS Distributors, Inc. AQR004864  11/30/2016