Closed Fund Policy Change

November 30, 2018

On November 19, 2018, AQR issued a supplement to the Prospectus of the Funds listed below revising the Closed Fund Policy for each Fund. The change permits existing investors to temporarily redeem from one of these Funds and reinvest a substantially equal amount back into the same Fund prior to February 28.  Please see the Supplement for further details. The applicable Funds are as follows:


AQR Diversified Arbitrage Fund

AQR Equity Market Neutral Fund

AQR Long-Short Equity Fund

AQR Multi-Strategy Alternative Fund

AQR Style Premia Alternative Fund

AQR Style Premia Alternative LV Fund