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    IQ Merger Arbitrage ETF (MNA)

    29.02 0.00(0.00%) May 22, 4:00PM EDT
    Prev Close:29.02
    Bid:28.91 x 200
    Ask:29.03 x 200
    Net Assets²:121.45M
    YTD Return (Mkt)²:3.79%
    Day's Range:28.94 - 29.06
    52wk Range:26.39 - 29.12
    Avg Vol (3m):31,595
    P/E (ttm)²:29
    Yield (ttm)²:0.00

    ¹As of May 22, 2015

    ²As of Apr 30, 2015

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


    » More Headlines for MNA

    Fund Basics

    Category:Market Neutral
    Fund Family:IndexIQ
    Total Assets:121.45M
    Legal Type:Exchange Traded Fund

    Performance & Risk

    YTD Return:3.79%
    3y Avg Return:4.20%
    5y Avg Return:2.38%
    Beta (3y):-0.11

    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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