|Bid||31.39 x 2900|
|Ask||32.11 x 800|
|Day's Range||31.44 - 31.58|
|52 Week Range||30.25 - 32.38|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||-0.25|
|Expense Ratio (net)||0.78%|
Merger arbitrage is an event-driven strategy in which traders, also known as arbitrageurs in this case, speculate on when a deal will close or if it will be finalized at all. The strategy involves buying and selling shares of two companies involved in a proposed merger.
IndexIQ, a New York Life Investments Company and a leading provider of innovative investment solutions, proudly announces that the IQ Merger Arbitrage ETF (MNA) has surpassed $1 billion in assets under management (AUM). “When we launched MNA nearly a decade ago, we knew we were breaking new ground for ETF investors. To that point, there were no low cost, liquid, transparent means through which to add merger arbitrage exposure to a portfolio.
Volatility can come out of no where and weigh on an investment portfolio, especially as we head toward the later end of a business cycle. Investors, though, can consider a number of exchange traded fund strategies that can help diversify a portfolio and hedge potential downside risks ahead.
Volatility can come out of no where and weigh on an investment portfolio, especially as we head toward the later end of a business cycle. Investors, though, can consider a number of exchange traded fund strategies that can help diversify a portfolio and hedge potential downside risks ahead. "The markets really reminded us in 2018 where volatility looks and feels like, and It comes on quickly and it comes on strongly.
Investors are picking themselves up in 2019 after a tumultuous way to end the 2018 year. One such area investors may not be familiar with include merger arbitrage strategies. "Alternative investments, specifically merger arbitrage strategies, are designed to provide some protection in times like these while allowing investors to maintain exposure to the market," wrote Salvatore Bruno, Chief Investment Officer of IndexIQ.
ETF investors who are looking for a way to diversify a traditional portfolio mix and look for ways to hedge against further market volatility should consider resilient investments like a merger-arbitrage ...
Market volatility has spiked, causing many to adapt their traditional stock and bond portfolio to the quickly changing market conditions. Specifically, the Index IQ Merger Arbitrage ETF (MNA) provides investors with a diversified approach to a group of takeover targets.
Looking toward 2019, exchange traded fund investors should be re-evaluating their investment portfolios and plan for the year ahead. On the recent webcast, Bull or Bear: How to Prepare 2019 Portfolios ...
As the end of the year quickly approaches, investors should be taking a hard look at their investment portfolios and preparing for 2019. IndexIQ has seen alternative strategies like the IQ Merger Arbitrage ETF (MNA) gain more traction. The ETF employ a type of alternative, “directional hedge fund strategy” called merger arbitrage.
With markets experiencing wide oscillations, ETF investors can still look to alternative investment strategies to bolster and diversify their portfolios. "What we've been advising our FAs as well as clients is we're realizing they're underweight, generally have been underweight alternatives, trying to hedge out that risk because there really hasn't been a lot," John Lloyd, Managing Director and Head of Research Platform Group for IndexIQ, said at the Charles Schwab IMPACT 2018 conference. Consequently, IndexIQ has seen alternative strategies like the Index IQ Merger Arbitrage ETF (MNA) gain more traction.
In a prolonged bull market environment where pullbacks are a greater concern, investors have looked for ways to mitigate downside exposure in case of sudden risk-off events. On the upcoming webcast Thursday, ...
Last week's market sell-off that saw the Dow Jones Industrial Average lose over 1,300 points in two consecutive trading sessions caused investors to flee towards floating-rate bond ETFs and Treasury Inflation-Protected Securities (TIPS) as they dumped U.S. equities in the face of rising yields. Mergers and acquisitions have been abound in various sectors as the historic bull market seen as of late in U.S. equities has been helped by a rise in such activity, particularly from the technology sector that has been fueling much of the growth this year. Notable activity came from the likes of tech giants, such as Hewlett-Packard Enterprise, Cisco Systems, Accenture, Cisco Systems, AT&T, and Sprint.
ETF investors can potentially reduce portfolio risk while taking advantage of the transformative merger and acquisition market. On the recent webcast (available On Demand for CE Credit), Capitalizing on the Transformative M&A Market, Dan Petersen, Director of Product Management at IndexIQ, explained that the merger arbitrage strategy that takes advantage of the merger and acquisition process is seen as an alternative, event-driven hedge-fund replication investment methodology that investors can take advantage of to diversify and enhance their portfolios. "We see opportunity in M&A as new tax reform, deregulation across select industries, and continued economic expansion provide a high likelihood that record M&A activity continues," Petersen said.
Merger and acquisition activity continues to be robust and is expected to remain elevated as the year progresses. Specifically, the Index IQ Merger Arbitrage ETF (MNA) provides investors with a diversified approach to a group of takeover targets. The ETF employ a type of alternative, “directional hedge fund strategy” called merger arbitrage.
Exchange traded fund investors who are wary of any further sudden market twists may consider liquid alternative investments that may zig as traditional assets zag. On the recent webcast (available on demand for CE Credit), Smart Alternatives for Building Better Portfolios, Salvatore Bruno, Chief Investment Officer and Managing Director of IndexIQ, argued that investors are seeking diversification tools as the intertwined global financial markets have resulted in greater correlation across equity markets. For instance, in the period between 2000 through 2010, the MSCI EAFE Index exhibited a 0.88 correlation to the S&P 500 and the MSCI Emerging Markets Index showed a 0.79 correlation the U.S. benchmark.
Market volatility is rearing its ugly head again, revealing the risks when riding a bull equity market rally. As investors rebalance their portfolios, consider alternative strategies that can better diversify ...