Fund has built significant track record replicating the return
characteristics of hedge funds pursuing global macro strategies
“We designed MCRO to be a low volatility vehicle offering investors downside mitigation during market declines while also allowing them to remain exposed to global equities,” said
MCRO seeks to replicate, before fees and expenses, the performance of the IQ Hedge Macro Index, part of the firm’s innovative IQ Hedge family of investable benchmark hedge fund replication and alternative beta indexes. The index, which now has close to six years of live track record, attempts to replicate the risk-adjusted return characteristics of the universe of hedge funds pursuing a global macro strategy, which can often include international and Emerging Markets components, exposures which the index includes.
“The liquid alternatives product category continues to build momentum among investors of all types, including institutions, advisors and the retail community, and we’re very proud to have been in the space from the start,” added Patti. “Our family of hedge fund replication products has grown over the past several years to include a mutual fund, separate accounts and managed ETF portfolios in addition to our standalone ETF offerings, and we look forward to continuing to bring innovative solutions to market.”
In addition to MCRO,
In addition to the products referenced above, other
*IndexIQ’s ETF holdings are available daily on IndexIQ’s website. Brokerage commissions apply to ETFs. ETFs are liquid in that they are exchange-traded.
Index performance does not reflect charges and expenses associated with the Funds or brokerage commissions associated with buying and selling ETF shares. One cannot invest directly in an index.
MCRO’s investment performance, because it is a fund of funds, depends on the investment performance of the underlying ETFs in which it invests. There is no guarantee that the Fund itself, or any of the ETFs in the Fund's portfolio, will perform exactly as its underlying index. The Fund’s underlying ETFs invest in: foreign securities, which subject them to risk of loss not typically associated with domestic markets, such as currency fluctuations and political uncertainty; commodities markets, which subject them to greater volatility than investments in traditional securities, such as stocks and bonds; and fixed income securities, which subject them to credit risk – the possibility that the issuer of a security will be unable to make interest payments and/or repay the principal on its debt – and interest rate risk – changes in the value of a fixed-income security resulting from changes in interest rates. Leverage, including borrowing, will cause some of the Fund’s underlying ETFs to be more volatile than if the underlying ETFs had not been leveraged. Investing in foreign markets subjects the Fund to risks not typically associated with domestic markets. Loss may result because of less foreign government regulation, less public information and less economic, political and social stability. Loss may also result from the imposition of exchange controls, confiscations and other government restrictions. Foreign risks will normally be greater when the Fund invests in emerging markets.
Investors are reminded that all investing involves risk, including possible loss of principal. Consider the Funds’ investment objectives, risks, charges and expenses carefully before investing. A prospectus with this and other information about the Funds may be obtained by visiting www.indexiq.com or by calling (888) 934-0777. Read the prospectus carefully before investing.
IndexIQ ETFs and mutual funds are distributed by