IndexIQ’s Suite of 50% Currency-Hedged ETFs Now Available on Schwab ETF Onesource™

ETFs designed to provide currency-view neutral exposure to international markets, accessible via Schwab platform with $0 online trade commissions
Webinar for financial advisors, October 29th at 2pm ET: “Solving the Currency Conundrum – the case for the 50% hedge” - 1 CFP/CIMA continuing education credit available

NEW YORK, October 21, 2015 - IndexIQ announced today that three more of its ETFs are now available through Schwab ETF OneSource™, which offers investors and advisors the most commission-free exchange-traded funds (ETFs) in the industryi.

Schwab clients can now buy and sell ETFs from IndexIQ’s innovative family of 50% currency hedged international equity ETFs with $0 online trade commissions and no early redemption fees or hidden costs.


The three funds being added to Schwab ETF OneSource are:

“Before we launched these funds, ETF investors were limited to vehicles that were either 100% currency hedged or completely unhedged, meaning they were being forced to make a call on the direction of the U.S. dollar. Our funds allow investors to take a currency-neutral approach,” said Adam Patti, chief executive officer at IndexIQ. “We call this ‘the hedge of least regret,’ and we are very excited that Schwab has elected to make these funds available to investors and advisors through Schwab ETF OneSource.”

“We are thrilled that three of IndexIQ’s innovative currency hedged ETFs are now available for zero commissions through the Schwab ETF OneSource program, giving clients even more choice within one of the most highly sought-after categories in investing today,” said Heather Fischer, Vice President of ETF Platform Management at Schwab.

HFXE, HFXI and HFXJ join five IndexIQ ETFs that were added to the Schwab ETF OneSource program last year:

IndexIQ is also hosting a webinar for financial advisors on Thursday, October 29th at 2pm ET that will provide a deep dive into the thinking behind, and the case for, a 50% currency hedged international equity approach. Speakers will include Salvatore Bruno, Executive Vice President & Chief Investment Officer with IndexIQ; Kevin DiSano, Executive Vice President, Chief Portfolio Strategist & Head of ETF Specialist Group with IndexIQ, and Charles Reinhard, Managing Director, Portfolio Strategist with MainStay Investments, who will serve as moderator.

1 CFP/CIMA Continuing Education credit will be available. For more information, please click here.

With this latest expansion of Schwab ETF OneSource, investors can now buy and sell 214 ETFs covering 66 Morningstar Categories with $0 online commissions, no enrollment requirements and no early redemption fees – key differentiators for investors comparing Schwab ETF OneSource to other commission-free ETF offerings.

As of August 31, 2015, Schwab ETF OneSource has $44.2 billion in assets under management and year-to-date flows into ETFs in the program are $8.1 billion, representing 39% percent of the total ETF flows at Schwab.

A complete list of Schwab ETF OneSource ETFs is available here.

About IndexIQ 
IndexIQ is a pioneer and leading provider of innovative investment solutions focused on absolute return, real assets, and international strategies. IndexIQ’s solutions are offered as ETFs, mutual funds, separately managed accounts, and ETF model portfolios. The company's philosophy is to democratize investment management by providing all investors with cost-effective access to the types of high-quality, sophisticated investment products that typically have been reserved for institutional and ultra high-net-worth investors. Founded upon cutting-edge academic research, IndexIQ’s mission is to take indexing to the next level by combining the best attributes of both passive and active investing, and make strategies available to investors in low cost, liquid, and transparent products*. IndexIQ is an indirect, wholly-owned subsidiary of New York Life Insurance Company. Additional information about the IndexIQ and its products can be found at

* The nature of IndexIQ's products allows for these potential benefits, which typically are not associated with traditional hedge funds.

About Schwab ETF OneSource
Schwab ETF OneSource offers investors and advisors access to the most commission-free ETFs anywhere in the industry. Commission-free online trading is available to individual investors at Schwab, to approximately 7,000 independent investment advisors who use Schwab’s custodial services and through Schwab retirement accounts that permit trading of ETFs. Schwab offers a range of resources to help clients choose ETFs that fit their investment needs, including the Schwab ETF Select List™, tutorials, education, research and tools available via Schwab’s online ETF center and live events at local Schwab branches.

About Charles Schwab
At Charles Schwab we believe in the power of investing to help individuals create a better tomorrow. We have a history of challenging the status quo in our industry, innovating in ways that benefit investors and the advisors and employers who serve them, and championing our clients’ goals with passion and integrity.

More information is available at Follow us on Twitter, Facebook, YouTube and LinkedIn.

For additional information, please contact: 

Chris Sullivan/Mike MacMillan
MacMillan Communications
(212) 473-4442

Allison Scott
New York Life Insurance Company

About Risk
All ETFs are subject to market risk and a high degree of volatility, including possible loss of principal.

The Funds’ investment performance, because they are funds of funds, depends on the investment performance of the underlying ETFs in which they invest. There is no guarantee that the Funds themselves, or any of the ETFs in the Funds’ portfolio, will perform exactly as their underlying indexes.

The Funds’ underlying ETFs invest in: foreign securities, which subject them to risk of loss not typically associated with domestic markets, such as currency fluctuations and political uncertainty; commodities markets, which subject them to greater volatility than investments in traditional securities, such as stocks and bonds; and fixed income securities, which subject them to credit risk – the possibility that the issuer of a security will be unable to make interest payments and/or repay the principal on its debt and interest rate risk – changes in the value of a fixed income security resulting from changes in interest rates.

Leverage, including borrowing, will cause some of the Funds’ underlying ETFs to be more volatile than if the underlying ETFs had not been leveraged. There can be no guarantee that investment objectives will be met.

Investors should carefully consider the investment objectives, risks, charges and expenses of the Funds before investing. To obtain a prospectus containing this and other important information, please call 888-934-0777 Read the prospectus carefully before you invest. There are risks involved with investing including the possible loss of principal. Past performance does not guarantee future results.

Charles Schwab & Co., Inc. receives remuneration from third-party ETF companies participating in Schwab ETF OneSource for recordkeeping, shareholder services, and other administrative services, including program development and maintenance. Unlike mutual funds, shares of ETFs are not individually redeemable directly with the ETF. Shares are bought and sold at market price, which may be higher or lower than the net asset value (NAV).

MainStay Investments® is a registered service mark and name under which New York Life Investment Management LLC does business. MainStay Investments, an indirect subsidiary of New York Life Insurance Company, New York, NY 10010, provides investment advisory products and services. IndexIQ® is an indirect wholly owned subsidiary of New York Life Investment Management Holdings LLC. ALPS Distributors, Inc. (ALPS) is the principal underwriter of the ETFs. NYLIFE Distributors LLC is a distributor of the ETFs and the principal underwriter of the mutual fund. NYLIFE Distributors LLC is located at 169 Lackawanna Ave., Parsippany, NJ 07054. ALPS Distributors, Inc. is not affiliated with NYLIFE Distributors LLC. NYLIFE Distributors LLC is a Member FINRA/SIPC.

Charles Schwab & Co., Inc. (“Schwab”) is not affiliated with IndexIQ or MainStay Investments.

iConditions Apply: Trades in ETFs available through Schwab ETF OneSource™ (including Schwab ETFs™) are available without commissions when placed online in a Schwab account. Service charges apply for trade orders placed through a broker ($25) or by automated phone ($5). An exchange processing fee applies to sell transactions. Certain types of Schwab ETF OneSource transactions are not eligible for the commission waiver, such as short sells and buys to cover (not including Schwab ETFs). Schwab reserves the right to change the ETFs we make available without commissions. All ETFs are subject to management fees and expenses. Please see Charles Schwab Pricing Guide for additional information.