IQ Enhanced Core Plus Bond U.S. Index (IQAGGP)
Momentum is measured by comparing a short-horizon (45 day) moving average of returns to a longer-horizon (90 day) moving average of returns, while taking into account recent volatility of each sector.
The Index weighs each of the fixed income sectors based on the total return momentum of each sector.
The Index includes ETPs of U.S. dollar issued debt securities, uses a rules-based construction methodology, and is rebalanced monthly.
The performance data quoted above represents past performance. Past performance is not a guarantee of future results. Performance may be lower or higher than performance data quoted. Index performance is for illustrative purposes only. One cannot invest directly in an index. Performance data for the Index assumes reinvestment of dividends, but it does not reflect management fees, transaction costs or other expenses that you would pay if you invested in a fund directly.
IQ Enhanced Core Plus Bond U.S. Index is the exclusive property of IndexIQ and was developed with New York Life Investment Management LLC (“NYLIM”) acting as index consultant to IndexIQ. IndexIQ® and IQ® are registered service marks of IndexIQ.