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.
Frequently asked questions
What is the IQ Merger Arbitrage ETF (MNA) expense ratio?
The IQ Merger Arbitrage ETF funds expense ratio is 0.77%.
What is IQ Merger Arbitrage ETF (MNA) current stock price?
As of the latest data, IQ Merger Arbitrage ETF stock price is $36.91, with a previous close of $36.90. IQ Merger Arbitrage ETF gained $0.01 in the last trading session, representing a 0.03% increase.
Does IQ Merger Arbitrage ETF (MNA) pay dividends?
No. IQ Merger Arbitrage ETF does not pay a dividend.