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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.
Find out what a historical investment in NYLI Merger Arbitrage ETF would be worth today using our MNA stock calculator.
Market Capitalisation
-
Price-earnings ratio
-
Dividend yield
0.00%
Volume
10.23K
High today
$36.49
Low today
$36.38
Open price
$36.38
52-week high
$37.19
52-week low
$34.83
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Open an accountThis is not financial product advice nor a recommendation to invest in the securities listed. Past performance is not a reliable indicator of future performance. As always, do your own research and consider seeking financial, legal and taxation advice before investing. No representation is made as to the timeliness, reliability, accuracy or completeness of the market data provided.

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