USX:MNA - IQ Merger Arbitrage ETF IQ Merger Arbitrage ETF
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USD 30.77    -0.09 (-0.29%)

17 Apr 2024


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Description

The fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the investments included in its underlying index. 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. The fund is non-diversified.

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