EX-99.(D)(1)(VII) 2 d367420dex99d1vii.htm SIXTH AMENDMENT TO THIRD AMENDED AND RESTATED INVESTMENT MANAGEMENT AGREEMENT SIXTH AMENDMENT TO THIRD AMENDED AND RESTATED INVESTMENT MANAGEMENT AGREEMENT

SIXTH AMENDMENT

TO

THIRD AMENDED AND RESTATED

INVESTMENT MANAGEMENT AGREEMENT

This SIXTH amendment (the “Amendment”) to the Third Amended and Restated Investment Management Agreement is made as of the July 1, 2022 by and between AQR Funds (“Trust”), on behalf of each Fund listed on Exhibit A, and AQR Capital Management, LLC (“AQR”).

WHEREAS, the parties hereto entered into a Third Amended and Restated Investment Management Agreement dated and effective as of January 29, 2017, as amended (the “Agreement”); and

WHEREAS, the parties hereto wish to amend Exhibit A of the Agreement in order to amend advisory fee terms with respect to the AQR Emerging Multi-Style II Fund and the AQR Style Premia Alternative Fund.

NOW, THEREFORE, for good and adequate consideration, the receipt of which is hereby acknowledged, Trust and AQR agree as follows:

 

1.

AMENDMENT OF EXHIBIT A. Exhibit A of the Agreement is hereby amended by deleting it in its entirety and replacing it with the Exhibit A attached hereto.

 

2.

Except as modified hereby, the Agreement shall remain in full force and effect.


IN WITNESS WHEREOF, the parties have executed this Amendment as of the date first written above.

 

AQR FUNDS     AQR CAPITAL MANAGEMENT, LLC
By:  

 

    By:  

 

Name: Nicole DonVito     Name: Evan Gordon

Title:   Chief Legal Officer, Secretary and Vice President

    Title: Managing Director


EXHIBIT A

(Amended as of July 1, 2022)

 

Name of Series

  

Commencement Date

                            Advisory Fee                    

 

Each fee will be based on the average
daily net assets of the Fund managed
by the Adviser, and calculated as
described in Section 7 of the
Agreement.

 

AQR Multi-Asset Fund

   June 10, 2010      0.60

AQR Diversified Arbitrage Fund

   October 1, 2010      1.00

AQR Long-Short Equity Fund

   July 16, 2013      1.10

AQR Managed Futures Strategy HV Fund

   July 16, 2013      1.45

AQR Style Premia Alternative Fund

   October 30, 2013      1.30

AQR Managed Futures Strategy Fund

   January 5, 2010      1.05

AQR Risk Parity II MV Fund

   November 5, 2012      0.60

AQR Risk-Balanced Commodities Strategy Fund

   July 9, 2012      0.80

AQR Macro Opportunities Fund

   April 8, 2014      1.00

AQR Equity Market Neutral Fund

   September 17, 2014      1.10

AQR Large Cap Momentum Style Fund

   July 9, 2009 (Class L); December 17, 2012 (Class N)      0.25

AQR Small Cap Momentum Style Fund

   July 9, 2009 (Class L); December 17, 2012 (Class N)      0.45


AQR International Momentum Style Fund

   July 9, 2009 (Class L); December 17, 2012 (Class N)      0.40

AQR Large Cap Defensive Style Fund

   July 9, 2012      0.25

AQR International Defensive Style Fund

   July 9, 2012      0.40

AQR Large Cap Multi-Style Fund

   March 26, 2013      0.25

AQR Small Cap Multi Style Fund

   March 26, 2013      0.45

AQR International Multi-Style Fund

   March 26, 2013      0.40

AQR Emerging Multi-Style II Fund

   February 12, 2015      0.50

AQR Global Equity Fund

   December 31, 2009      0.60

AQR International Equity Fund

   August 28, 2009      0.65