AQR Index - AQR Momentum Indices

AQR Small Cap Momentum Index

Data as of 9/30/2010

Sector Exposures (%)^†
	Index Weight
Consumer Discretionary	14.9 %
Consumer Staples	4.1 %
Energy	6.8 %
Financials	19.1 %
Health Care	12.5 %
Industrials	12.3 %
Information Technology	19.4 %
Materials	5.7 %
Telecom Services	1.5 %
Utilities	3.6 %
Total	100.0%

Top Ten Holdings(%)^†
	Index Weight
DANA	0.5 %
Syniverse	0.5 %
Southwest Gas	0.4 %
Coinstar	0.4 %
LifeTime Fitness	0.4 %
HMS Holdings	0.4 %
ViaSat Inc	0.4 %
Sapient	0.4 %
South Jersey Ind	0.4 %
DigitalGlobe	0.4 %
Top Ten Total	4.2 %

Index Statistics^†
# of Stocks	608
Average Market Cap ($MM)	914
Median Market Cap ($MM)	481
P/E (trailing 12 months)	18.6
P/B	2.0
EPS Growth (5 Year)	14.2

^† Index holdings are subject to change and should not be considered a recommendation to buy or sell securities. All Index Statistics are subject to change.

AQR Momentum Index, AQR Small Cap Momentum Index, and AQR International Momentum Index are the exclusive property of AQR Capital Management, LLC ("AQR"), which has contracted with Standard & Poor’s Financial Services LLC ("S&P") to maintain and calculate the Indices. Standard & Poor’s® and S&P® are registered trademarks of S&P. "Calculated by S&P Custom Indices" and its related stylized mark(s) are service marks of S&P and have been licensed for use by AQR. S&P and its affiliates shall have no liability for any errors or omissions in calculating the Index.

You cannot invest directly in the AQR Momentum Indices (the "Indices"). Index performance does not represent actual fund or portfolio performance. A fund or portfolio may differ significantly from the securities included in the Indices. Index performance assumes reinvestment of dividends, but does not reflect any management fees, transaction costs or other expenses that would be incurred by a portfolio or fund, or brokerage commissions on transactions in fund shares. Such fees, expenses and commissions would reduce returns.

AQR, its affiliates and their independent providers are not liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. AQR reserves the right at any time and without notice, to change, amend or cease publication of the Indices. AQR assumes no responsibility for the accuracy or completeness of the above data and disclaims all express or implied warranties in connection therewith.

Copyright © AQR Capital Management, LLC 2009. This material is proprietary and may not be reproduced, transferred or distributed in any form without prior written permission from AQR.