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: Xxxxxx XxxXxxx						Name: Xxxx Xxxxxx
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	%