The investment seeks investment results that track (before fees and expenses) the price and yield performance of the Nasdaq Chaikin Power US Large Cap Index (the "underlying index"). The underlying index is an equally weighted index of large-capitalization securities. The fund generally will invest in all of the securities that comprise its underlying index in proportion to their weightings in the underlying index. It invests, under normal circumstances, at least 80% of the value of its assets (net assets plus the amount of any borrowings for investment purposes) in securities of large-capitalization U.S. issuers.
IPO Year: n/a
Exchange: NASDAQ
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IndexIQ today announced plans to liquidate the following ETFs (the "Funds"): IQ U.S. Large Cap ETF (CLRG) IQ Global Resources ETF (GRES) IQ Real Return ETF (CPI) IQ U.S. Mid Cap R&D Leaders ETF (MRND) IQ MacKay Multi-Sector Income ETF (MMSB) The Funds will cease trading and no longer accept creation or redemption orders after market close on December 12, 2023. Proceeds of the liquidation are expected to be sent to shareholders on or about December 19, 2023. About IndexIQ IndexIQ is a New York Life Investments' platform of exchange-traded funds (ETFs) with over a decade of offering highly differentiated and innovative solutions to retail and institutional investors. Wit
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IndexIQ today announced plans to liquidate the following ETFs (the "Funds"): IQ U.S. Large Cap ETF (CLRG) IQ Global Resources ETF (GRES) IQ Real Return ETF (CPI) IQ U.S. Mid Cap R&D Leaders ETF (MRND) IQ MacKay Multi-Sector Income ETF (MMSB) The Funds will cease trading and no longer accept creation or redemption orders after market close on December 12, 2023. Proceeds of the liquidation are expected to be sent to shareholders on or about December 19, 2023. About IndexIQ IndexIQ is a New York Life Investments' platform of exchange-traded funds (ETFs) with over a decade of offering highly differentiated and innovative solutions to retail and institutional investors. Wit