ATIMX — AQR TM International Momentum Style Fund

ATIMX Fund Overview

ATIMX — AQR TM International Momentum Style Fund is a US mutual fund managed by AQR Funds, categorised as Global (incl. US) Multi-Cap / All-Cap Growth Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

• Type: US mutual fund
• Manager: AQR Funds
• Category: Global (incl. US) Multi-Cap / All-Cap Growth Equity
• Assets under management: $125.18M
• 1-year return: 16.4%
• Ticker: ATIMX
• SEC CIK: 0001444822
• SEC series ID: S000035778
• Share class ID: C000109623

ATIMX Investment Objective and Strategy

AQR TM International Momentum Style Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by AQR Funds.

Investment objective

The AQR TM International Momentum Style Fund (the “Fund”) seeks long-term after-tax capital appreciation.

Principal investment strategy

The Fund pursues a momentum investment style by investing primarily in equity or equity-related securities (including, but not limited to, exchange-traded funds, equity index futures, equity index swaps and depositary receipts) of non-U.S. companies that the Adviser determines to have positive momentum. The Adviser considers a security to have positive momentum primarily if it has outperformed other securities on a relative basis over a recent time period. Relative performance may be based on price momentum, earnings momentum, or other types of momentum, and will generally be measured over time periods ranging from one to twelve months. The criteria the Adviser uses for determining positive momentum may change from time to time. The TM in the Funds name reflects that the Fund employs a tax management strategy which considers the potential impact of federal income tax on shareholders investment return.

The Fund will generally invest in developed markets outside the U.S. As of the date of this prospectus, the Adviser considers developed markets outside of the U.S. to be those countries that are included in the MSCI World ex-U.S. Index at the time of purchase. Although the Fund does not limit its investments to any one country, the Fund may invest in any one country without limit. The Adviser determines the weight of each security in the portfolio using a combination of the market capitalization of the security and the Advisers determination of the attractiveness of the security based on the Advisers assessment of the securitys momentum and additional criteria that form part of the Advisers security selection process. When selecting securities for the portfolio, the Adviser also employs a tax management strategy which considers the potential impact of federal income tax on shareholders investment return.

This tax management strategy is generally designed so investors receive lower distributions of realized capital gains than funds that do not take tax consequences into account. Investors should not expect that there will be no capital gain distributions, however, as the Fund will balance investment considerations with tax consequences in making investment decisions. The techniques and strategies that may be used to attempt to reduce the impact of federal income tax on shareholders investment returns include: when believed by the Adviser to be appropriate, selling stocks to realize losses, with the specific purpose of offsetting gains; deferring realizations of net capital gains; limiting portfolio turnover that may result in taxable gains; and choosing a tax accounting method that reduces tax liability: for example, using the highest-in, first-out (HIFO) method which sells tax lots of securities that have a higher tax basis before selling tax lots of securities that have a lower tax basis.

The Adviser believes that effective management of transaction costs is essential. Transaction costs include commissions, bid-ask spreads, market impact and time delays (the time between the investment decision and implementation, during which a market may move in favor of or against the Fund). In order to manage transaction costs and minimize adverse tax consequences, the Adviser does not intend to rebalance the Funds portfolio mechanically or to purchase and sell exclusively those securities defined by the eligibility criteria described above. The Adviser will seek to maintain flexibility to trade opportunistically in order to strike a balance between maintaining the desired exposure to positive momentum while attempting to keep transaction costs reasonably low and to minimize federal income taxes on returns.

The Fund invests significantly in common stocks. The Fund may also invest in or use financial futures contracts, forward foreign currency contracts and other types of equity-linked derivative instruments such as equity swaps and equity index swaps, as well as exchange-traded funds and similar pooled investment vehicles to gain exposure to the equity market and to maintain liquidity to pay for redemptions. A portion of the Funds assets may be held in cash or cash-equivalent investments, including, but not limited to, short-term investment funds. To attempt to increase its income or total return, the Fund may lend its portfolio securities to certain types of eligible borrowers.

ATIMX Performance

Total returns for ATIMX (as of 2026-10-01), from SEC filings.

ATIMX Risk Information

Risk metrics for ATIMX, derived from monthly returns in SEC filings.

• 1-year volatility (annualised): 22.6%

ATIMX Costs and Fees

ATIMX costs about $55 per $10,000 invested per year in fund expenses.

• Net expense ratio: 0.55%
• Gross expense ratio: 0.71%
• Portfolio turnover: 47%
• Brokerage commissions: 1.00 bps of average net assets (SEC N-CEN)

ATIMX Cashflows

Over the 12 months to 2020-12, AQR TM International Momentum Style Fund had net outflows of $2.37M, from monthly SEC N-PORT filings.

ATIMX Debt Constituents

No individual debt constituents are reported in AQR TM International Momentum Style Fund's latest SEC N-PORT filing.

ATIMX Prospectus and SEC Filings

Official AQR TM International Momentum Style Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

• Prospectus (485BPOS) — filed 2021-01-28
• Prospectus (485BPOS) — filed 2020-02-19
• Prospectus (485BPOS) — filed 2019-02-19
• Portfolio holdings (N-PORT) — filed 2021-02-24
• Portfolio holdings (N-PORT) — filed 2020-11-20
• Portfolio holdings (N-PORT) — filed 2020-08-28
• Annual census (N-CEN) — filed 2020-12-11
• Annual census (N-CEN) — filed 2019-12-16

Related Funds

Other Global (incl. US) Multi-Cap / All-Cap Growth Equity funds tracked on ABC INVEST:

• Pax Global Environmental Markets Fund (PGRNX)
• Motley Fool Global Opportunities ETF (TMFG)
• Wasatch International Growth Fund (WAIGX)
• Hartford Environmental Opportunities Fund (HEOMX)
• Touchstone Climate Transition ETF (HEAT)

Data Sources

ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.