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    IQ Merger Arbitrage ETF (MNA)

    -NYSEArca
    29.02 0.00(0.00%) May 22, 4:00PM EDT
    Profile as of Apr 29, 2015Get Profile for:
    IQ Merger Arbitrage ETF

    Phone: 888-934-0777
    Fund Overview 
    Category: Market Neutral
    Fund Family: IndexIQ
    Net Assets:121.45M
    Yield:0.00%
    Fund Inception Date:Nov 17, 2009
    Legal Type:Exchange Traded Fund
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    Morningstar Style Box 
    Market Neutral
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    Fund Summary 
    The investment seeks investment results that correspond generally to the price and yield performance of its underlying index, the IQ Merger Arbitrage Index. The fund employs a "passive management" to track the performance of the underlying index, which was developed by Financial Development Holdco LLC. The underlying index seeks to employ a systematic investment process designed to identify opportunities in companies whose equity securities trade in developed markets, including the U.S., and which are involved in announced mergers, acquisitions and other buyout-related transactions. It is non-diversified.

    Fund Operations 
     MNACategory Avg
    Annual Report Expense Ratio (net)0.75%N/A
    Annual Holdings TurnoverNaNN/A
    Total Net AssetsNaNN/A
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