|Bid||27.49 x 1100|
|Ask||30.54 x 900|
|Day's Range||0.00 - 0.00|
|52 Week Range|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||0.51|
|Expense Ratio (net)||0.80%|
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.
Expectation: Next year will likely bring the implementation of the SEC’s long-awaited ETF Rule, which is designed to lower some of the barriers to entry for new issuers and new products. While much of the “white space” in the equity ETF realm has already been filled, fixed income remains an area ripe for innovation and some provisions of the rule, such as more allowances for the use of “custom baskets” could open the door for new types of fixed income ETF approaches to brought to market which would not have been feasible under the old approach.
Vancouver, British Columbia--(Newsfile Corp. - November 7, 2018) - Cairo Resources Inc. (the "Company") (TSXV: QAI) announces that it has completed a non-brokered private placement of 300,000 common shares of the Company at a price of $0.27 per common share for gross proceeds of C$81,000 (the "Offering").The Company will apply the proceeds of the Offering towards general working capital purposes.All securities issued or issuable under the Offering are subject to a four-month hold period ...
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, ...