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    IQ Merger Arbitrage ETF (MNA)

    28.33 Up 0.01(0.04%) 4:00PM EST
    Prev Close:28.32
    Bid:27.75 x 300
    Ask:9,000.00 x 100
    Net Assets²:80.91M
    YTD Return (Mkt)²:5.16%
    Day's Range:28.23 - 28.39
    52wk Range:26.39 - 28.55
    Avg Vol (3m):24,640
    P/E (ttm)²:23
    Yield (ttm)²:0.00

    ¹As of Jan 26, 2015

    ²As of Dec 31, 2014

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

    Fund Basics

    Category:Market Neutral
    Fund Family:IndexIQ
    Total Assets:80.91M
    Legal Type:Exchange Traded Fund

    Performance & Risk

    YTD Return:5.16%
    3y Avg Return:4.74%
    5y Avg Return:2.34%
    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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