AQR Multi-Strategy Alternative Fund

Class Inst (ASAIX)

Fund Fees

Updated 05.01.2013

Maximum Sales Fees %
Initial
Deferred

Updated 05.01.2013

Maximum Fees %
Administrative
Management 1.85
Redemption

Updated 05.01.2013

Actual Fees %
12b-1
Management 1.85
Net Expense Ratio: Annual Report 1.98
Net Expense Ratio: Prospectus 2.05

Updated 03.05.2014

Total Cost Projections
3-Year $1,113.00
5-Year $1,886.00
10-Year $3,910.00

Purchase Information

Updated 05.01.2013

Minimum Investments
Initial $5,000,000.00
Additional
Initial IRA
Additional IRA
Initial AIP
Additional AIP