MNA - IQ Merger Arbitrage ETF Holdings
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.
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
Data as of 2012-05-03MNA Top Ten Holdings
Total Holdings: 35 |
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MNA Asset Allocation
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Explore MNA on ETFdb
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