MNA

Fund Description
The IQ Merger Arbitrage ETF seeks to track before fees and expenses the performance of the IQ Merger Arbitrage Index. The Index seeks to achieve capital appreciation by investing in global companies for which there has been a public announcement of a takeover by an acquirer. This differentiated approach is based on a passive strategy of owning certain announced takeover targets with the goal of generating returns that are representative of global merger arbitrage activity. The Index also includes short exposure to global equities as a partial equity market hedge. Merger arbitrage is a directional hedge fund strategy. The IQ Merger Arbitrage ETF is not a hedge fund and does not invest in hedge funds.
Fund Profile
Fund Name IQ Merger Arbitrage ETF
Fund Exchange Ticker MNA
Fund Sponsor Index IQ
Fund ISIN US45409B8000
Net Expense Ratio 0.77 %
Fund Inception Date 17 November 2009
Fund Legal Structure ETF (Open end fund)
Exchange NYSE Arca
Listing Country Code US
Fund Investment Objective
ETF Type Specific Multi-Asset / Other
Asset Class Other Asset Types
Index Linked Passive
Index Name IQ Merger Arbitrage Index
Index Provider IndexIQ
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Funds Combining Developed & Emerging Exposure
Key Statistics
Return As of Date 17 January 2019
Asset Under Management 866.21 Million (USD)
1 Month Total Return 1.42 %
Year To Date Return 1.17 %
1 Year Total Return 1.62 %
3 Year Annualized Total Return 5.20 %
NAV 32.0225
Share Outstanding 27,050,000
Top 10 Holdings (17 January 2019)
Constituent Name Constituent Ticker Constituent Type Weighting
RED HAT INC RHT EQUI 0.0915931585
TESARO INC TSRO EQUI 0.0867120391
L3 TECHNOLOGIES INC LLL EQUI 0.0639805860
NEWFIELD EXPLORATION CO NFX EQUI 0.0520152683
MINDBODY INC - CLASS A MB EQUI 0.0490395907
ARRIS INTERNATIONAL PLC ARRS EQUI 0.0484999747
VECTREN CORP VVC EQUI 0.0472073190
ATHENAHEALTH INC ATHN EQUI 0.0448560435
INTEGRATED DEVICE TECH INC IDTI EQUI 0.0436305067
MORGAN STANLEY ILF/TREAS/INST MMKT 0.0416501915