MNA - IQ Merger Arbitrage ETF Fundamentals

MNA Tracks This Index: IQ Merger Arbitrage Index
Description: 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.
  • Issuer: IndexIQ
  • Expense Ratio: 0.75%
  • ETFdb Category: Hedge Fund
  • ETF Home Page: MNA
  • Inception: 2009-11-17

MNA Performance

1 Week Return: -0.04%
2 Week Return: -3.03%
4 Week Return: -3.25%
13 Week Return: -1.34%
26 Week Return: 2.84%
YTD Return: 1.59%
1 Year Return: -1.96%
3 Year Return: n/a
5 Year Return: n/a
Data as of 05/24/2012

MNA Expenses & Fees

  • Expense Ratio: 0.75%
  • Category: Hedge Fund
  • Category Range: 0.45% to 0.95%
  • Category Average: 0.7%

MNA Valuation

P/E Ratio: n/a
Beta: 0.70
20 Day Moving Average: $25.50
60 Day Moving Average: $25.62
Data as of 05/24/2012

MNA Dividend

Annual Dividend Rate: n/a
Dividend Date: 2010-12-23
Dividend: $0.33
Annual Dividend Yield %: 1.33%
Data as of 05/24/2012

MNA Volatility

5 Day Volatility: 14.80%
20 Day Volatility: 8.89%
50 Day Volatility: 9.06%
200 Day Volatility: 8.37%
Standard Deviation: 0.59%
Data as of 05/24/2012

Explore MNA on ETFdb

Search ETF Database

Enter a ticker symbol or keyword: