MNA
IQ Merger Arbitrage ETF
NAV as of
4 Week: 31.36 - 31.84
52 Week: 30.84 - 31.92
Latest Closing Price
31.50
Premium / Discount
-0.29
Expense Ratio
0.77%
Investment Objective
The investment seeks investment results that correspond generally to the price and yield performance of its underlying index, the IQ Merger Arbitrage Index. 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.
Main Fund Characteristics
Performance
| Period | Performance Returns(%) | Volatility(%) | Risk Adjusted Performance |
|---|---|---|---|
| YTD | -0.38 | 0.32 | -1.17 |
| 1 Day | 0.35 | 0.00 | 0.00 |
| 1 Week | 0.54 | 0.50 | 1.09 |
| 1 Month | 0.19 | 1.96 | 0.10 |
| 3 Months | 1.48 | 2.50 | 0.59 |
| 6 Months | 2.07 | 3.52 | 0.59 |
| 1 Year | -0.47 | 5.15 | -0.09 |
| 2 Years | -4.04 | 7.57 | -0.53 |
| 3 Years | -3.89 | 9.49 | -0.41 |
| 5 Years | -0.38 | 18.10 | -0.02 |
| 10 Years | 19.60 | 22.10 | 0.89 |
Price History
Annual Performance Return
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
| Price (%) | 7.6596 | 5.2830 | 1.2722 | 4.8603 | 5.8683 | 2.0900 | 4.6193 | 2.8668 | -3.2715 | -1.4937 |
| Nav (%) | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 |
| Rank | 35.0000 | 14.0000 | 30.0000 | 33.0000 | 21.0000 | 44.0000 | 68.0000 | 72.0000 | 100.0000 | 59.0000 |
Dividend Frequency
Lastest Dividend
| Ex Date | Payment Date | Dividend Payout per unit |
|---|---|---|
| 27/12/2016 | 03/01/2017 | 0.0613 |
| 26/12/2013 | 02/01/2014 | 0.2637 |
| 26/12/2012 | 03/01/2013 | 0.0488 |
| 22/12/2010 | 29/12/2010 | 0.0114 |
| 22/12/2009 | 29/12/2009 | 0.0016 |
Portfolio Data
Total Number of Holdings: 81
Number of Bond Holdings: 0
Number of Equity Holdings: 58
Total Market Value: 550,654,136
Portfolio Composition
Top 10 Holdings
| % Portfolio Weight | Shares Owned | Shares Changed | Market Value | ||
|---|---|---|---|---|---|
| 1 | Abcam PLC ADR | 7.5309 | 1,541,905 | 0 | 34,970,405 |
| 2 | Capri Holdings Ltd | 7.5024 | 664,467 | 0 | 34,838,005 |
Country Exposure
Regional Exposure
America
Greater Europe
Greater Asia
Market Classification
Market Capitalization
| Size | % of portfolio |
|---|---|
| Giant | 0.00 |
| Large | 9.95 |
| Medium | 36.31 |
| Small | 37.64 |
| Micro | 11.13 |
Equity Style Box Breakdown
| 0 | 0 | 0 | Large |
| 0 | 0 | 0 | Mid |
| 0 | 0 | 0 | Small |
| Value | Blend | Growth |
Value Measures
Price/Prospective Earnings*
15.7199
Price/Book*
2.1653
Price/Sales*
1.4219
Price/Cash Flow*
7.1642
Dividend Yield*
1.3508
Growth Measures
Long-Term Earnings
59.4448
Historical Earnings
10.3665
Sales Growth
8.3683
Cash-Flow Growth
3.5758
Book-Value Growth
3.4256
*Forward-looking based on historical data.
Equity Sector
Number of Bond Holdings
0
Bond Statitics
| Detail | Value |
|---|---|
| Average Effective Duration | 0.56 |
| Average Effective Maturity (Years)* | 0.42 |
| Average Credit Quality | 5.00 |
| Average Weighted Coupon* | 2.01 |
| Average Weighted Price* | 0 |
Bond Style Box Breakdown
| 0 | 0 | 0 | High | Quality |
| 0 | 0 | 0 | Med | |
| 0 | 0 | 0 | Low | |
| Ltd | Mod | Ext | ||
| Interest-Rate Sensitivity | ||||
Credit Quality
| Type | % Bonds |
|---|---|
| AAA | 69.33 |
| AA | 3.20 |
| A | 12.20 |
| BBB | 14.98 |
| BB | 0.10 |
| B | 0.00 |
| Below B | 0.00 |
| Not Rated | 0.20 |
Bond Sector
Bond Maturity
| % Bonds | |
|---|---|
| 1 to 3 Years | 0.10 |
| 3 to 5 Years | 0.00 |
| 5 to 7 Years | 0.00 |
| 7 to 10 Years | 0.00 |
| 10 to 15 Years | 0.00 |
| 15 to 20 Years | 0.00 |
| 20 to 30 Years | 0.00 |
| Over 30 Years | 0.00 |
| 1 to 7 Days | 0.00 |
| 8 to 30 Days | 0.00 |
| 31 to 90 Days | 0.00 |
| 91 to 182 Days | 1.33 |
| 183 to 364 Days | 0.38 |
Data Source: Morningstar
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