Fund Description
The investment seeks investment results that correspond generally to the price and yield performance of its underlying index, the IQ Global Resources Index. The fund employs a "passive management" to track the performance of the underlying index, which was developed by Financial Development Holdco LLC ("IndexIQ"). The underlying index seeks to employ a systematic investment process designed to identify opportunities in markets exhibiting trending or momentum characteristics across commodity asset classes, represented by companies that operate in commodity-specific market segments and whose equity securities trade in developed markets, including the U.S.
Fund Snapshot Updated 05.23.2013
| Previous Close | $27.96 | Expense Ratio | 0.75% |
| YTD Return | 8.2% | Avg. 30-Day Volume | 19,007 |
| 1-Year Return | 3.9% | Market Cap | Loading... |
| Bid | $27.89 | Shares Outstanding | 3,000,000 |
| Ask | $27.98 | Dividends | $0.37 |
| Top 10 Holdings | |
|---|---|
| Bhp Billiton Ltd (E:BHP) | 7.52% |
| Goldcorp Inc New (E:G) | 3.49% |
| Exxon Mobil Corp (XOM) | 3.47% |
| Rio Tinto (E:RIO) | 3.38% |
| Barrick Gold Corp (E:ABX) | 3.09% |
| Hormel Foods Corp (HRL) | 2.81% |
| Meadwestvaco Corp (MWV) | 2.67% |
| Newmont Mining Corp (NEM) | 2.53% |
| Upm-Kymmene Corp (UPM1V) | 2.43% |
| Sandvik Ab (SAND) | 2.33% |
| % of Total Holdings | 33.70% |
