MNA
- IQ Merger Arbitrage ETFKey Information
| Earliest date | 2009-11-17 |
| Exchange | NYSE |
| Instrument Type | ETF |
| MIC Code | ARCX |
| Country | United States |
ETF Information
| Fund Provider | New York Life |
| Index | IQ Merger Arbitrage Index |
| Expense Ratio | 0.77% |
| Number Of Holdings | 61 |
| Inception Date | 2009-11-17 |
| Asset Class | Alternatives |
| Currency | USD |
| Listing | US-listed |
| Sector | Financials |
| Non-leveraged | Non-leveraged |
About MNA
The IQ Merger Arbitrage ETF is an alternative investment fund that employs a merger arbitrage strategy, seeking to capture the spread between the current market price and the ultimate transaction price of takeover targets. This fund aims to provide stable returns with low correlations to traditional asset classes, making it a potential volatility-reducing tool for long-term investors.