FOURTH AMENDMENT TO INVESTMENT ADVISORY AGREEMENT
Exhibit (d)(1)(v)
FOURTH AMENDMENT
TO
This fourth amendment (the “Amendment”) to the Investment Advisory Agreement is made as of the 1st day of October, 2010 by and between AQR Funds, on behalf of each Fund listed on Exhibit A, and AQR Capital Management, LLC.
WHEREAS, the parties hereto have entered into an Investment Advisory Agreement dated as of December 4, 2008, as amended and in effect prior to giving effect to this Amendment (the “Agreement”); and
WHEREAS, the parties hereto wish to amend Exhibit A of the Agreement in order to remove the AQR Diversified Arbitrage Fund.
NOW, THEREFORE, for good and adequate consideration, the receipt of which is hereby acknowledged, the parties hereto 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 CAPITAL MANAGEMENT, LLC
| By: |
/s/ Xxxxxxx Xxxxxx
| |
|
Name: Xxxxxxx Xxxxxx | ||
| Title: Principal & General Counsel |
| By: |
/s/ Xxxxxx XxxXxxx
| |
|
Name: Xxxxxx XxxXxxx | ||
| Title: Vice President |
EXHIBIT A
(Amended as of October 1, 2010)
| 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 6 of the Agreement.
| ||
| AQR Global Equity Fund |
December 31, 2009 |
0.40% (Class N, I and Y Shares)
| ||
| AQR International Equity Fund |
August 28, 2009 |
0.45% (Class N, I and Y Shares)
| ||
| AQR International Small Cap Fund |
[—], 2009 |
0.65% (Class N, I and Y Shares)
| ||
| AQR Emerging Markets Fund |
[—], 2009 |
0.75% (Class N, I and Y Shares)
| ||
| AQR Equity Plus Fund |
[—], 2009 |
0.70% (Class N and I Shares)
| ||
| AQR Small Cap Core Fund |
[—], 2009 |
0.70% (Class N and I Shares)
| ||
| AQR Small Cap Growth Fund |
[—], 2009 |
0.70% (Class N and I Shares)
| ||
| AQR Momentum Fund |
July 9, 2009 |
0.25% (Class L Shares)
| ||
| AQR Small Cap Momentum Fund |
July 9, 2009 |
0.35% (Class L Shares)
| ||
| AQR International Momentum Fund |
July 9, 2009 |
0.35% (Class L Shares)
| ||
| AQR Managed Futures Strategy Fund |
January 5, 2009 |
1.05% (Class N and I Shares)
|
