AST AQR Emerging Markets Equity Portfolio
Data updated: 2020-08-24
C000123060 — AST AQR Emerging Markets Equity Portfolio. Capital Appreciation / Growth Allocation · $32.23M AUM. Holdings, fees, performance and SEC filings.
C000123060 Fund Overview
AST AQR Emerging Markets Equity Portfolio is a US mutual fund managed by Advanced Series Trust, categorised as Capital Appreciation / Growth Allocation. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Advanced Series Trust
- Category: Capital Appreciation / Growth Allocation
- Assets under management: $32.23M
- 1-year return: -3.0%
- SEC CIK: 0000814679
- SEC series ID: S000039714
- Share class ID: C000123060
C000123060 Investment Objective and Strategy
AST AQR Emerging Markets Equity Portfolio describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Advanced Series Trust.
Investment objective
The investment objective of the Portfolio is to seek long-term capital appreciation.
Principal investment strategy
The Portfolio seeks to achieve its investment objective by both overweighting and underweighting securities, industries, countries, and currencies relative to the MSCI Emerging Markets Index, using proprietary quantitative return forecasting models and systematic risk-control methods developed by AQR Capital Management, LLC (AQR), the subadviser to the Portfolio. The Portfolio invests in companies within a range of market capitalizations, possibly including small-cap companies. In pursuing its investment objective, the Portfolio normally invests at least 80% of its assets (net assets plus any borrowings made for investment purposes) in equity securities, including common stocks, preferred stocks, securities convertible into stocks, and depositary receipts for those securities, of issuers: (i) located in emerging market countries or (ii) included as emerging market issuers in one or more broad-based market indices.
AQR employs a disciplined approach emphasizing both top-down country/currency allocation and bottom-up security selection decisions that include selection of individual stocks within industries as well as explicit industry/sector selection. This approach is carried out through a systematic and quantitative investment process, and utilizes a set of value, momentum, and other economic factors to generate an investment portfolio based on AQR's global asset allocation models and stock selection models. AQR intends to use some or all of the following instruments, at all times, in order to implement its investment strategy: depositary receipts, options, warrants, country index futures, equity swaps, index swaps, foreign currency forwards, and other types of derivative instruments. AQR's use of derivative instruments in the Portfolio is intended to result in a more efficient means of gaining market exposure, expressing investment views, and managing risk exposures.
AQR will not use derivative instruments to leverage the Portfolio's net exposure to the MSCI Emerging Markets Index.
C000123060 Performance
Total returns for C000123060 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | -3.0% |
C000123060 Risk Information
Risk metrics for C000123060, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 22.9%
C000123060 Costs and Fees
C000123060 costs about $133 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.33%
- Gross expense ratio: 1.34%
- Portfolio turnover: 127%
- Brokerage commissions: 7.10 bps of average net assets (SEC N-CEN)
C000123060 Cashflows
Over the 12 months to 2020-06, AST AQR Emerging Markets Equity Portfolio had net inflows of $195.18M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2020-06 | $944.41K |
| 2020-05 | $1.15M |
| 2020-04 | $104.92M |
| 2020-03 | $46.27M |
| 2020-02 | $6.38M |
| 2020-01 | $10.80M |
C000123060 Debt Constituents
No individual debt constituents are reported in AST AQR Emerging Markets Equity Portfolio's latest SEC N-PORT filing.
C000123060 Prospectus and SEC Filings
Official AST AQR Emerging Markets Equity Portfolio filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2020-05-15
- Prospectus (485BPOS) — filed 2019-05-17
- Prospectus (485BPOS) — filed 2018-05-09
- Portfolio holdings (N-PORT) — filed 2020-08-24
- Portfolio holdings (N-PORT) — filed 2020-05-27
- Portfolio holdings (N-PORT) — filed 2020-02-25
- Annual census (N-CEN) — filed 2020-03-12
- Annual census (N-CEN) — filed 2019-03-15
Related Funds
Other Capital Appreciation / Growth Allocation funds tracked on ABC INVEST:
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.