|Bid||31.04 x 1100|
|Ask||31.08 x 1000|
|Day's Range||31.04 - 31.09|
|52 Week Range||29.35 - 32.01|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||0.81%|
|Beta (5Y Monthly)||0.51|
|Expense Ratio (net)||0.80%|
Institutional investors, financial advisors and retail investors can all gain exposure to alternative assets through ETFs to ensure a portfolio is optimally diversified to withstand a variety of market ...
Advisors and institutions alike are always looking for more ideas on how to improve outcomes for their clients’ portfolios. Could liquid alternative ETFs be the solution? Some institutional investors have ...
Vancouver, British Columbia--(Newsfile Corp. - October 1, 2019) - Cairo Resources Inc. (TSXV: QAI.P) ("Cairo"), a capital pool company listed on the TSX Venture Exchange (the "Exchange"), and Swarmio Inc. ("Swarmio"), a private Canadian federally incorporated technology company, are pleased to announce that they have entered into arm's length amalgamation agreement dated September 30, 2019 (the "Definitive Agreement") in respect of a proposed business combination (the "Proposed Transaction") that would result in the reverse ...
Investors who are worried that new surprises can continue to rock the markets may want to consider alternative exchange traded fund strategies that may zig while traditional assets zag. Dan Petersen, Director of Product Management at IndexIQ, warned that investors should brace for more unknowns and these surprises may come more frequently. Consequently, investors should incorporate alternatives to "provide returns that are mostly uncorrelated to traditional markets and bonds," Petersen told ETF Trends.
Software dominated mergers and acquisitions activity during the first quarter of 2019, according to a Jegi-Clarity Q1 2019 M&A report. This could be translating into strength for the IQ Merger Arbitrage ETF (MNA), which recently surpassed $1 billion in assets under management (AUM). Last year, mergers and acquisitions were abound in various sectors as the historic bull market saw a rise in such activity, particularly from the technology sector that fueled much of the growth.
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.
Most might consider 13 to be an unlucky number, but for hedge funds, it marks the best first quarter its had in as many years. According to the Hedge Fund Research index, which tracks the performance of ...
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.
In the exchange-traded fund (ETF) space, returns are typically, if not only, the prime focus for investors--as is the case with most investment vehicles, but there's something to be said about longevity. "Fast forward to 2019, and the fund that was built out of that idea, the IQ Hedge Multi-Strategy Tracker ETF (QAI), is turning 10 years old on March 25 th ," wrote Salvatore Bruno, Chief Investment Officer of IndexIQ. Since its inception in 2009, QAI has given investors access to an investment space that was typically relegated to only high-net worth individuals or institutions.