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    IQ Merger Arbitrage ETF (MNA)

    27.97 Up 0.19(0.67%) Dec 26, 4:00PM EST
    Prev Close:27.78
    Bid:27.72 x 100
    Ask:28.00 x 300
    Net Assets²:75.71M
    YTD Return (Mkt)²:5.50%
    Day's Range:27.78 - 28.00
    52wk Range:26.39 - 28.55
    Avg Vol (3m):22,881
    P/E (ttm)²:24
    Yield (ttm)²:0.94

    ¹As of Dec 24, 2014

    ²As of Nov 30, 2014

    Quotes delayed, except where indicated otherwise. Currency in USD.


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    Fund Basics

    Category:Market Neutral
    Fund Family:IndexIQ
    Total Assets:75.71M
    Legal Type:Exchange Traded Fund

    Performance & Risk

    YTD Return:5.50%
    3y Avg Return:5.08%
    5y Avg Return:2.70%
    Beta (3y):-0.02

    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. View More
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