Description: 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 ("IndexIQ"). 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.
Home Page: www.nylinvestments.com/IQetfs/etfs/IQ-Leaders-GTAA-Tracker-ETF
MNA Technical AnalysisExchange: NYSE ARCA
Country: US
Currency: US Dollar ($)
Category: Event Driven
| Asset Allocation | |||
|---|---|---|---|
| Asset Class | Long % | Short % | Net Assets |
| Stock US | 89.21 | 0.00 | 89.21 |
| Stock non-US | 10.57 | 0.00 | 10.57 |
| Cash | 1.12 | 0.70 | 0.42 |
| Other | 9.02 | 9.22 | -0.20 |
| Sector Weights | ||
|---|---|---|
| Sector | Equity % | Relative to Category |
| Healthcare | 24.02 | 14.17 |
| Technology | 23.14 | 21.27 |
| Industrials | 16.14 | 9.76 |
| Financial Services | 9.34 | 32.65 |
| Consumer Defensive | 8.65 | 3.06 |
| Real Estate | 8.47 | 3.27 |
| Communication Services | 6.85 | 7.12 |
| Consumer Cyclicals | 1.50 | 2.81 |
| Utilities | 1.26 | 2.39 |
| Basic Materials | 0.62 | 2.75 |
| World Regions | ||
|---|---|---|
| Region | Equity % | Relative to Category |
| North America | 90.30 | 89.80 |
| United Kingdom | 5.48 | 2.66 |
| Europe Developed | 1.51 | 5.37 |
| Africa/Middle East | 1.04 | 0.82 |
| Australasia | 0.98 | 0.02 |
| Japan | 0.68 | 0.00 |
| Asia Emerging | 0.00 | 0.78 |
| Latin America | 0.00 | 0.02 |
| Asia Developed | 0.00 | 0.53 |