Fund Description
The investment seeks investment results that correspond (before fees and expenses) generally to the price and yield performance of its underlying index, the IQ Hedge Market Neutral Index. The fund is a "fund of funds" which means it invests, under normal circumstances, at least 80% of its net assets (excluding collateral held from securities lending), plus the amount of any borrowings for investment purposes, in the investments included in its underlying index, which includes underlying funds. The underlying index consists of a number of components selected in accordance with IndexIQ's rules-based methodology of such underlying index.
Fund Snapshot Updated 05.23.2013
| Previous Close | $25.55 | Expense Ratio | 0.99% |
| YTD Return | 2.2% | Avg. 30-Day Volume | 15,523 |
| 1-Year Return | 0.0% | Market Cap | Loading... |
| Bid | $25.54 | Shares Outstanding | 200,000 |
| Ask | $25.63 | Dividends | $0.00 |
| Top 10 Holdings | |
|---|---|
| Ishares Barclays Tips Bond Fund (TIP) | 20.38% |
| Vanguard Short-Term Bond Index Fund (BSV) | 19.60% |
| Ishares Msci Eafe Index Fund (EFA) | 15.72% |
| Ishares Barclays 1-3 Year Treasury Bond Fund (SHY) | 12.46% |
| Vanguard Total Bond Market Index Fund (BND) | 8.55% |
| Ishares Core Us Bond Market Etf (AGG) | 7.31% |
| Ishares Barclays Short Treasury Bond Fund (SHV) | 6.94% |
| Vanguard Europe Pacific Etf (VEA) | 5.05% |
| Spdr Barclays 1-3 Month T-Bill Etf (BIL) | 1.95% |
| Ishares Iboxx $ High Yield Corporate Bond Fund (HYG) | 0.63% |
| % of Total Holdings | 98.60% |
